Domestic credit to private sector in Dominica
Dominica: Domestic credit to private sector was 53.2% in 2020. ▲ Rising
Domestic credit to private sector in Dominica, 1977–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
Dominica recorded 53.2% for domestic credit to private sector in 2020.
That represents a change of up 31.8% on the previous year and up 0.3% over ten years.
Over the whole period, domestic credit to private sector in Dominica peaked at 59.1% in 2012 and was at its lowest, 20.9%, in 1977.
That places Dominica 83rd out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 44 years of available data.
Domestic credit to private sector in Dominica, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 20.9% | — |
| 1978 | 22.2% | +6.4% |
| 1979 | 24.7% | +11.4% |
| 1980 | 25.3% | +2.3% |
| 1981 | 27.3% | +7.8% |
| 1982 | 27.9% | +2.3% |
| 1983 | 29.7% | +6.3% |
| 1984 | 27.6% | -7.0% |
| 1985 | 27.6% | +0.0% |
| 1986 | 23.6% | -14.4% |
| 1987 | 22.8% | -3.3% |
| 1988 | 27.9% | +22.1% |
| 1989 | 34.3% | +23.1% |
| 1990 | 38.8% | +13.2% |
| 1991 | 39.5% | +1.8% |
| 1992 | 41.8% | +5.7% |
| 1993 | 43.7% | +4.6% |
| 1994 | 43.8% | +0.2% |
| 1995 | 46.5% | +6.2% |
| 1996 | 45.4% | -2.3% |
| 1997 | 47.2% | +4.0% |
| 1998 | 47.1% | -0.3% |
| 1999 | 46.9% | -0.5% |
| 2000 | 50.4% | +7.6% |
| 2001 | 47.9% | -5.1% |
| 2002 | 48.2% | +0.7% |
| 2003 | 45.4% | -5.8% |
| 2004 | 45.5% | +0.2% |
| 2005 | 48.6% | +6.9% |
| 2006 | 50.4% | +3.8% |
| 2007 | 49.1% | -2.6% |
| 2008 | 49.0% | -0.3% |
| 2009 | 48.9% | -0.1% |
| 2010 | 53.1% | +8.6% |
| 2011 | 55.6% | +4.7% |
| 2012 | 59.1% | +6.3% |
| 2013 | 57.6% | -2.5% |
| 2014 | 53.7% | -6.8% |
| 2015 | 51.3% | -4.5% |
| 2016 | 46.9% | -8.5% |
| 2017 | 51.0% | +8.7% |
| 2018 | 47.2% | -7.5% |
| 2019 | 40.4% | -14.3% |
| 2020 | 53.2% | +31.8% |
Dominica compared with similar countries
- Dominica's 53.2% is above the median for upper middle income countries, which is 52.0%, 1.0× the median. (55 countries reporting)
- Dominica's 53.2% is below the median for Latin America & Caribbean, which is 54.3%, 98% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.6% | 20.9% | 24.7% | 3 |
| 1980s | 27.4% | 22.8% | 34.3% | 10 |
| 1990s | 44.1% | 38.8% | 47.2% | 10 |
| 2000s | 48.3% | 45.4% | 50.4% | 10 |
| 2010s | 51.6% | 40.4% | 59.1% | 10 |
| 2020s | 53.2% | 53.2% | 53.2% | 1 |
Countries ranked near Dominica
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 domestic credit to private sector in Dominica?
- Domestic credit to private sector in Dominica was 53.2% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Dominica?
- The highest recorded value was 59.1% in 2012.
- What is the lowest domestic credit to private sector recorded in Dominica?
- The lowest recorded value was 20.9% in 1977.
- How does Dominica rank for domestic credit to private sector?
- Dominica ranks 83rd out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Dominica?
- Over the last ten years it is up 0.3%. The long-run trend across the full record is rising.
- Where does this Dominica data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.