Current account balance (credit less debit), Net (credits less debits) in Dominica
Dominica: Current account balance (credit less debit), Net (credits less debits) 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 debits) 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% |
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
- Total reserves in months of imports, annual growth rate 4.59 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0.0001 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 2.92 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1611 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 1,770 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 0.5485 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 1,826 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate 0.5485 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 1,826 SDR per person (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.