Volume of remittances (in United States dollars) as a proportion of in Dominica
Dominica: Volume of remittances (in United States dollars) as a proportion of was 5.7% in 2024. ▲ Rising
Volume of remittances (in United States dollars) as a proportion of in Dominica, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for volume of remittances (in united states dollars) as a proportion of in Dominica is 5.7%, measured in 2024.
That represents a change of up 8.4% on the previous year and down 35.6% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Dominica peaked at 11.0% in 2005 and was at its lowest, 3.8%, in 2001.
Dominica ranks 60th of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Dominica, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.1% | — |
| 2001 | 3.8% | -6.3% |
| 2002 | 3.9% | +1.4% |
| 2003 | 4.0% | +2.9% |
| 2004 | 5.0% | +27.3% |
| 2005 | 11.0% | +118.2% |
| 2006 | 10.6% | -3.9% |
| 2007 | 10.2% | -3.9% |
| 2008 | 9.5% | -6.5% |
| 2009 | 8.6% | -9.2% |
| 2010 | 8.9% | +2.8% |
| 2011 | 8.7% | -2.0% |
| 2012 | 9.0% | +3.9% |
| 2013 | 8.8% | -2.7% |
| 2014 | 8.8% | +0.1% |
| 2015 | 8.9% | +1.1% |
| 2016 | 7.2% | -19.3% |
| 2017 | 7.9% | +9.5% |
| 2018 | 6.7% | -14.8% |
| 2019 | 7.4% | +9.9% |
| 2020 | 6.4% | -13.7% |
| 2021 | 7.1% | +12.2% |
| 2022 | 6.1% | -15.1% |
| 2023 | 5.2% | -13.8% |
| 2024 | 5.7% | +8.4% |
Dominica compared with similar countries
- Dominica's 5.7% is above the median for upper middle income countries, which is 3.6%, 1.6× the median. (53 countries reporting)
- Dominica's 5.7% is above the median for Latin America & Caribbean, which is 2.8%, 2.0× the median. (35 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) as a proportion of in Dominica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +118.2% | 5.0% | 11.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.1% | 3.8% | 11.0% | 10 |
| 2010s | 8.2% | 6.7% | 9.0% | 10 |
| 2020s | 6.1% | 5.2% | 7.1% | 5 |
Countries ranked near Dominica
- 57 Bangladesh 6.1% compare
- 58 Cambodia 6.1% compare
- 59 Solomon Islands 6.0% compare
- 61 Curaçao 5.4% compare
- 61 Curacao 5.4% compare
- 63 State of Palestine 5.4% compare
More economy & growth data for Dominica
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.4 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -401,184 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0006 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita -6.06 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 49.48 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -17.48 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0684 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 751.15 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 5.59 % change on previous year (2025)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Dominica?
- Volume of remittances (in united states dollars) as a proportion of in Dominica was 5.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Dominica?
- The highest recorded value was 11.0% in 2005.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Dominica?
- The lowest recorded value was 3.8% in 2001.
- How does Dominica rank for volume of remittances (in united states dollars) as a proportion of?
- Dominica ranks 60th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Dominica?
- Over the last ten years it is down 35.6%. The long-run trend across the full record is rising.
- Where does this Dominica data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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