Current account balance (credit less debit), Percent of GDP in Dominica
Dominica: Current account balance (credit less debit), Percent of GDP was -16.48 in 2031. ▼ Falling
Current account balance (credit less debit), Percent of GDP in Dominica, 2000–2031
Source: International Monetary Fund.
Analysis
Dominica recorded -16.48 for current account balance (credit less debit), percent of gdp in 2031.
Compared with earlier readings it is up 2.3% on the previous year and up 50.8% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp in Dominica peaked at -6.83 in 2014 and was at its lowest, -46.65, in 2018.
That places Dominica 35th out of 35 countries with data for 2031, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 32 years of available data.
Current account balance (credit less debit), Percent of GDP in Dominica, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -17.94 | — |
| 2001 | -15.33 | -14.6% |
| 2002 | -14.21 | -7.3% |
| 2003 | -15.49 | +9.0% |
| 2004 | -16.03 | +3.5% |
| 2005 | -20.89 | +30.3% |
| 2006 | -12.77 | -38.8% |
| 2007 | -20.63 | +61.5% |
| 2008 | -28.35 | +37.4% |
| 2009 | -22.71 | -19.9% |
| 2010 | -15.92 | -29.9% |
| 2011 | -7.66 | -51.9% |
| 2012 | -17.33 | +126.3% |
| 2013 | -9.91 | -42.8% |
| 2014 | -6.83 | -31.1% |
| 2015 | -7.08 | +3.7% |
| 2016 | -8.99 | +26.9% |
| 2017 | -11.03 | +22.7% |
| 2018 | -46.65 | +323.0% |
| 2019 | -38.13 | -18.3% |
| 2020 | -36.96 | -3.1% |
| 2021 | -33.52 | -9.3% |
| 2022 | -27.26 | -18.7% |
| 2023 | -40.37 | +48.1% |
| 2024 | -37.8 | -6.4% |
| 2025 | -37.97 | +0.4% |
| 2026 | -33.22 | -12.5% |
| 2027 | -25.38 | -23.6% |
| 2028 | -20.76 | -18.2% |
| 2029 | -18.28 | -12.0% |
| 2030 | -16.86 | -7.8% |
| 2031 | -16.48 | -2.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -18.43 | -28.35 | -12.77 | 10 |
| 2010s | -16.95 | -46.65 | -6.83 | 10 |
| 2020s | -31.15 | -40.37 | -18.28 | 10 |
| 2030s | -16.67 | -16.86 | -16.48 | 2 |
Countries ranked near Dominica
- 32 Saint Kitts and Nevis -11.86 compare
- 33 Grenada -14.09 compare
- 34 Saint Vincent and the Grenadines -16.09 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), percent of gdp in Dominica?
- Current account balance (credit less debit), percent of gdp in Dominica was -16.48 in 2031, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp recorded in Dominica?
- The highest recorded value was -6.83 in 2014.
- What is the lowest current account balance (credit less debit), percent of gdp recorded in Dominica?
- The lowest recorded value was -46.65 in 2018.
- How does Dominica rank for current account balance (credit less debit), percent of gdp?
- Dominica ranks 35th out of 35 countries with data for 2031.
- Is current account balance (credit less debit), percent of gdp rising or falling in Dominica?
- Over the last ten years it is up 50.8%. The long-run trend across the full record is falling.
- Where does this Dominica data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
The WHD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in the Western Hemisphere. Data for the Western Hemisphere REO are prepared in conjunction and are consistent with the semi-annual World Economic Outlook (WEO) exercises. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.