Services balance (credit less debit), Net (credits less debits) in Dominica
Dominica: Services balance (credit less debit), Net (credits less debits) was 33.93 million in 2024. ◆ Volatile
Services balance (credit less debit), Net (credits less debits) in Dominica, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, services balance (credit less debit), net (credits less debits) in Dominica stood at 33.93 million.
Compared with earlier readings it is up 203.7% on the previous year and down 65.4% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Dominica peaked at 98.03 million in 2014 and was at its lowest, -31.51 million, in 2020.
Dominica ranks 95th 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.
Services balance (credit less debit), Net (credits less debits) in Dominica, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 45.23 million | — |
| 2006 | 63.85 million | +41.2% |
| 2007 | 52.95 million | -17.1% |
| 2008 | 51.18 million | -3.3% |
| 2009 | 55.50 million | +8.4% |
| 2010 | 73.65 million | +32.7% |
| 2011 | 92.50 million | +25.6% |
| 2012 | 64.93 million | -29.8% |
| 2013 | 69.97 million | +7.8% |
| 2014 | 98.03 million | +40.1% |
| 2015 | 94.29 million | -3.8% |
| 2016 | 94.53 million | +0.3% |
| 2017 | 46.21 million | -51.1% |
| 2018 | -7.87 million | -117.0% |
| 2019 | 27.98 million | -455.4% |
| 2020 | -31.51 million | -212.6% |
| 2021 | -18.26 million | -42.0% |
| 2022 | 29.55 million | -261.9% |
| 2023 | 11.17 million | -62.2% |
| 2024 | 33.93 million | +203.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 53.74 million | 45.23 million | 63.85 million | 5 |
| 2010s | 65.42 million | -7.87 million | 98.03 million | 10 |
| 2020s | 4.98 million | -31.51 million | 33.93 million | 5 |
Countries ranked near Dominica
More financial sector data for Dominica
- Net domestic credit (current LCU), per capita 14,960 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 1.36 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 1.36 % change on previous year (2025)
- Reserves excluding gold, foreign exchange 116.61 million SDR (2025)
- Reserves excluding gold 120.25 million SDR (2025)
- Total reserves (gold at market value) 120.25 million SDR (2025)
- Total reserves (gold at national valuation) 120.25 million SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 1,826 SDR per person (2025)
- Total reserves (gold at national valuation) (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 services balance (credit less debit), net (credits less debits) in Dominica?
- Services balance (credit less debit), net (credits less debits) in Dominica was 33.93 million in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Dominica?
- The highest recorded value was 98.03 million in 2014.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Dominica?
- The lowest recorded value was -31.51 million in 2020.
- How does Dominica rank for services balance (credit less debit), net (credits less debits)?
- Dominica ranks 95th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Dominica?
- Over the last ten years it is down 65.4%. 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 Services 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.