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Economy Snapshot

Dominica Economy and Trade

RoseauLocal time

GDP $723.9M · real growth +2.1% · source years shown below

Dominica's macroeconomic panel uses $723.9M as the nominal GDP observation for 2025 and +2.1% as the real-growth observation for 2024. The page also records $10,405 of GDP per capita for 2024 and an inflation reading of 2.6% for 2024. Reference years remain attached to each series so readers can compare the figures without treating differently dated measures as one snapshot.

Nominal GDP
$723.9M
current US$ · 2025
World Bank
GDP per capita
$10,405
current US$ · 2024
Source listed below
Real GDP growth
+2.1%
annual % · 2024
Source listed below
Inflation
2.6%
CPI annual % · 2024
Source listed below

Dominica at a Glance

Each measure keeps its own definition and reference year.

Output trend

Nominal GDP · annual observations · current US$ · World Bank
201520172019202120232025$583.18M$723.86M
2015: $583.18M2016: $612.71M2017: $563.36M2018: $628.24M2019: $644.26M2020: $528.94M2021: $562.91M2022: $623.06M2023: $659.31M2024: $688.88M2025: $723.86M
GDP per capita$10,405
Real growth+2.1%
GDP year2024
2024 Inflation
2.6%
CPI annual %
2024 GDP per capita
$10,405.3
current US$

Macro signals and Merchandise trade

Available measures are shown with their reported reference periods.

Macro signals

World Bank annual observations
MACRO
Real growth2024+2.1%
Unemployment · No modeled ILO valueUnavailable
Inflation20242.6%

Merchandise trade

WTO profile · 2023 · USD
TRADE
Exports$22.0M
Imports$301.3M
Balance-$279.3M
Largest highlighted export destination
Iceland21.4%
Exports
$22.0M
Imports
$301.3M
Understand the numbers

What Dominica's economic profile is telling you

Dominica's latest World Bank GDP, growth and CPI observations used here are for 2024. The World Bank country profile does not provide a modeled ILO unemployment value, so that field remains unavailable.

Dominica's merchandise trade is small in absolute terms and import-heavy. The matched 2023 WTO profile shows imports far above exports, with Iceland the largest recorded export destination.

Reading the macro data

GDP measures current-dollar economic size. Real growth, inflation and unemployment measure different economic conditions and should not be treated as interchangeable signals.

Reading the trade data

Merchandise exports and imports cover goods. They are kept separate from services and current-account measures.

Detailed Economic Data

IndicatorDominicaReference periodStatus
GDPcurrent US$$723.9M2025Actual
GDP per capitacurrent US$$10,405.32024Actual
Real GDP growthannual %+2.1%2024Actual
InflationCPI annual %2.6%2024Actual
Unemploymentmodeled ILO estimateUnavailableNo modeled ILO valueUnavailable
Merchandise exportscurrent USD$22.0M2023Actual
Merchandise importscurrent USD$301.3M2023Actual

Frequently Asked Questions

What is Dominica's GDP?

The latest World Bank nominal GDP observation used here is $723.9M for 2025 in current US dollars.

How fast is Dominica's economy growing?

Real GDP growth was +2.1% in 2024.

What does merchandise trade show for Dominica?

Merchandise exports were $22.0M and imports were $301.3M in 2023, giving a same-year balance of -$279.3M.

Sources & methodology

Sources for the economic indicators and definitions shown above.

View sources used for this page
WTO Tariff and Trade Data

Matched-year merchandise exports and imports from the WTO economy profile.