Secondary income balance (credit less debit), Net (credits less) in Dominica
Dominica: Secondary income balance (credit less debit), Net (credits less) was 11.11 million in 2024. ◆ Volatile
Secondary income balance (credit less debit), Net (credits less) in Dominica, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for secondary income balance (credit less debit), net (credits less) in Dominica is 11.11 million, measured in 2024.
The figure is up 115.8% on the previous year and down 76.2% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Dominica peaked at 54.33 million in 2017 and was at its lowest, 5.15 million, in 2023.
Dominica ranks 133rd of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income balance (credit less debit), Net (credits less) in Dominica, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 26.97 million | — |
| 2006 | 28.95 million | +7.4% |
| 2007 | 27.49 million | -5.1% |
| 2008 | 27.87 million | +1.4% |
| 2009 | 28.69 million | +2.9% |
| 2010 | 29.07 million | +1.3% |
| 2011 | 26.99 million | -7.2% |
| 2012 | 28.56 million | +5.8% |
| 2013 | 31.14 million | +9.0% |
| 2014 | 46.78 million | +50.2% |
| 2015 | 49.99 million | +6.9% |
| 2016 | 36.71 million | -26.6% |
| 2017 | 54.33 million | +48.0% |
| 2018 | 20.60 million | -62.1% |
| 2019 | 8.08 million | -60.8% |
| 2020 | 6.36 million | -21.3% |
| 2021 | 12.87 million | +102.4% |
| 2022 | 13.67 million | +6.3% |
| 2023 | 5.15 million | -62.4% |
| 2024 | 11.11 million | +115.8% |
Dominica compared with similar countries
- Dominica's 11.11 million is below the median for upper middle income countries, which is 975.41 million, 1% of the median. (54 countries reporting)
- Dominica's 11.11 million is below the median for Latin America & Caribbean, which is 194.18 million, 6% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Secondary income 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 |
|---|---|---|---|
| 2024 | +115.8% | 5.15 million | 11.11 million |
| 2021 | +102.4% | 6.36 million | 12.87 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.99 million | 26.97 million | 28.95 million | 5 |
| 2010s | 33.23 million | 8.08 million | 54.33 million | 10 |
| 2020s | 9.83 million | 5.15 million | 13.67 million | 5 |
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 secondary income balance (credit less debit), net (credits less) in Dominica?
- Secondary income balance (credit less debit), net (credits less) in Dominica was 11.11 million in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Dominica?
- The highest recorded value was 54.33 million in 2017.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Dominica?
- The lowest recorded value was 5.15 million in 2023.
- How does Dominica rank for secondary income balance (credit less debit), net (credits less)?
- Dominica ranks 133rd out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Dominica?
- Over the last ten years it is down 76.2%. 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 Secondary income 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.