Boats on the ocean in Dominica

Dominica GDP

Dominica GDP

Economic Growth in Dominica

The economy of Dominica recorded an average growth rate of 0.2% in the decade leading up to 2022. In 2022, the real GDP growth was 5.6%. For more GDP information, visit our dedicated page.

Dominica GDP Chart

Note: This chart displays Economic Growth (GDP, annual variation in %) for Dominica from 2014 to 2023.
Source: Macrobond.

Dominica GDP Data

2019 2020 2021 2022 2023
Economic Growth (GDP, ann. var. %) 5.5 -16.6 6.9 5.6 4.7
GDP (USD bn) 0.6 0.5 0.6 0.6 0.7
GDP (LCU bn) 1.7 1.4 1.5 1.6 1.8
Economic Growth (Nominal GDP, ann. var. %) 10.2 -17.5 10.1 9.3 7.7
Consensus Forecasts and Projections for the next ten years

How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Dominicane GDP projections for the next ten years from a panel of 3 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable GDP forecast available for Dominicane GDP.

Download one of our sample reports to visualize what a Consensus Forecast is and see our Dominicane GDP projections.

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