Dominica: economy

What is Dominica's GDP growth rate?

Dominica's real GDP grew 3.7% in 2025, up from 2.1% in 2024 and above a preliminary estimate of 3.1%, according to the Eastern Caribbean Central Bank's Economic and Financial Review (2025 update) for Dominica, published in September 2026. Agriculture, construction and tourism led the growth; construction expanded 7.0%.

Agriculture, forestry and fishing is the largest sector, at 16.2% of GDP, followed by transport and storage (13.2%) and public administration (12.8%). Large public projects under way include the international airport, a geothermal power plant and the East Coast Road. Nominal GDP was EC$1,993.1 million. The bank estimates growth of 3.1% in 2026 and 3.0% in 2027.

Official sources: ECCB: Dominica Economic and Financial Review, 2025 update (PDF)

How many tourists visit Dominica?

Dominica received 495,868 visitors in 2025, 14.6% more than in 2024, according to the Eastern Caribbean Central Bank's Economic and Financial Review (2025 update) for Dominica. Stayover arrivals rose 18.5% to 99,079 and cruise passengers 13.9% to 382,923.

The bank links the rise in stayovers to better air connections and demand from key source markets, and says total arrivals passed their pre-pandemic level. Cruise passengers make up most arrivals, while the bank describes stayover visitors as the higher value-added segment. Travel receipts were EC$374.1 million in 2025, and the Ocean Oasis hotel added 38 rooms in November 2025.

Official sources: ECCB: Dominica Economic and Financial Review, 2025 update (PDF)

How fast is Dominica's economy growing?

According to the World Bank, real GDP growth in Dominica was 3.1% in 2025. The peak was 10.4% in 2022 and the low -15.7% in 2020. It is 15th highest of 31 in Latin America & Caribbean, where the median is 2.7%. Worldwide: 98th of 180.

What is GDP per capita in Dominica?

According to the World Bank, GDP per person in Dominica was $10,989 in 2025. It is the top of the series, which starts in 2005. Across Latin America & Caribbean the middle value was $10,989, and Dominica placed 16th highest of 31. Of 180 countries with 2025 data, 75th highest.

How does Dominica's income per person compare after prices?

The World Bank puts GDP per person at purchasing power parity in Dominica at $22,713 in international dollars in 2025. No year since 2005 has been higher. Across Latin America & Caribbean the middle value was $22,756 in international dollars, and Dominica placed 16th highest of 30. Of 179 countries with 2025 data, 81st highest.

What is Dominica's current account balance?

According to the IMF, the current account balance in Dominica was -38.0% of GDP in 2025 (a deficit). Since 2005 it has ranged from -41.2% of GDP (2018) to -6.2% of GDP (2014). It is 26th highest of 27 in Latin America & Caribbean, where the median is -1.2% of GDP. World rank, highest first: 131st of 132.

How much foreign investment does Dominica receive?

In 2025, net inflows of foreign direct investment in Dominica was 6.8% of GDP, according to the IMF. Its high point since 2005 was 2018, at 12.5% of GDP; its low point was 2015, at 1.2% of GDP. Across Latin America & Caribbean the middle value was 2.5% of GDP, and Dominica placed 7th highest of 31. Of 179 countries with 2025 data, 25th highest.

How high are loan rates in Dominica?

The latest figure from the IMF, for 2025, is 5.8%. No year since 2005 has been lower. Latin America & Caribbean median: 8.8%; Dominica is 22nd highest of 23. World rank, highest first: 59th of 73.