Current account balance (credit less debit), Net (credits less) in Dominica
Dominica: Current account balance (credit less debit), Net (credits less) was -160.12 million in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Dominica, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, current account balance (credit less debit), net (credits less debits) in Dominica stood at -160.12 million.
The figure is up 28.4% on the previous year and down 350.4% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Dominica peaked at -29.11 million in 2006 and was at its lowest, -258.81 million, in 2018.
That places Dominica 100th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less) in Dominica, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -62.99 million | — |
| 2006 | -29.11 million | -53.8% |
| 2007 | -76.52 million | +162.8% |
| 2008 | -117.69 million | +53.8% |
| 2009 | -101.42 million | -13.8% |
| 2010 | -88.03 million | -13.2% |
| 2011 | -71.02 million | -19.3% |
| 2012 | -85.96 million | +21.0% |
| 2013 | -93.16 million | +8.4% |
| 2014 | -35.55 million | -61.8% |
| 2015 | -38.30 million | +7.7% |
| 2016 | -51.79 million | +35.2% |
| 2017 | -57.52 million | +11.1% |
| 2018 | -258.81 million | +350.0% |
| 2019 | -233.19 million | -9.9% |
| 2020 | -186.38 million | -20.1% |
| 2021 | -186.10 million | -0.1% |
| 2022 | -163.75 million | -12.0% |
| 2023 | -223.63 million | +36.6% |
| 2024 | -160.12 million | -28.4% |
Dominica compared with similar countries
- Dominica's -160.12 million is above the median for upper middle income countries, which is -494.28 million, 32% of the median. (54 countries reporting)
- Dominica's -160.12 million is above the median for Latin America & Caribbean, which is -169.22 million, 95% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) 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 |
|---|---|---|---|
| 2018 | -350.0% | -57.52 million | -258.81 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -77.55 million | -117.69 million | -29.11 million | 5 |
| 2010s | -101.33 million | -258.81 million | -35.55 million | 10 |
| 2020s | -183.99 million | -223.63 million | -160.12 million | 5 |
Countries ranked near Dominica
- 97 Palau -134.25 million compare
- 98 Haiti -145.14 million compare
- 99 Saint Vincent and the Grenadines -156.59 million compare
- 101 Guinea-Bissau -160.17 million compare
- 102 Saint Kitts and Nevis -169.22 million compare
- 103 Seychelles -175.67 million compare
More financial sector data for Dominica
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.188 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.1373 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.188 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Dominica?
- Current account balance (credit less debit), net (credits less debits) in Dominica was -160.12 million in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Dominica?
- The highest recorded value was -29.11 million in 2006.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Dominica?
- The lowest recorded value was -258.81 million in 2018.
- How does Dominica rank for current account balance (credit less debit), net (credits less debits)?
- Dominica ranks 100th out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Dominica?
- Over the last ten years it is down 350.4%. The long-run trend across the full record is volatile.
- Where does this Dominica data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.