Services balance (credit less debit), Net (credits less debits) (US) in Dominica
Dominica: Services balance (credit less debit), Net (credits less debits) (US) 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) (US) 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% |
Dominica compared with similar countries
- Dominica's 33.93 million is above the median for upper middle income countries, which is 5.85 million, 5.8× the median. (54 countries reporting)
- Dominica's 33.93 million is below the median for Latin America & Caribbean, which is 169.67 million, 20% of the median. (37 countries reporting)
Biggest year-on-year movements
Years where Services balance (credit less debit), Net (credits less debits) (US) 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 |
|---|---|---|---|
| 2019 | +455.4% | -7.87 million | 27.98 million |
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
- 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 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.