Agriculture > products
bananas, citrus, mangoes, root crops, coconuts, cocoa; forest and fishery potential not exploited |
|
Aid as % of GDP
|
5.7% |
|
[45th of 129]
|
|
Definition: Economy > Aid as % of GDP |
|
Debt > External
|
$213,000,000.00 |
|
[22nd of 136]
|
|
Definition: Economy > Debt > External |
Economy > Overview
The Dominican economy depends on agriculture, primarily bananas, and remains highly vulnerable to climatic conditions and international economic developments. Tourism has increased as the government seeks to promote Dominica as an "ecotourism" destination. In 2003, the government began a comprehensive restructuring of the economy - including elimination of price controls, privatization of the state banana company, and tax increases - to address Dominica's economic and financial crisis of 2001-02 and to meet IMF targets. This restructuring paved the way for the current economic recovery - real growth for 2006 reached a two-decade high - and will help to reduce the debt burden, which remains at about 100% of GDP. In order to diversify the island's production base, the government is attempting to develop an offshore financial sector and is researching Dominica's capability to export geothermal energy. |
|
Definition: Economy > Economy > Overview |
Exchange rates
East Caribbean dollars per US dollar - 2.7 (2004), 2.7 (2003), 2.7 (2002), 2.7 (2001), 2.7 (2000) |
|
Definition: Economy > Exchange rates |
|
Exports
|
$94,000,000.00 |
|
[176th of 189]
|
|
Definition: Economy > Exports |
|
Exports to US
|
$400,000.00 |
|
[187th of 224]
|
|
Definition: Economy > Exports to US |
|
GDP
|
$299,814,800.00 |
|
[165th of 203]
|
|
Definition: Economy > GDP |
|
GDP (purchasing power parity)
|
$648,000,000.00 |
|
[184th of 187]
|
|
Definition: Economy > GDP (purchasing power parity) |
|
GDP > PPP
|
$401,000,000.00 |
|
[163rd of 163]
|
|
Definition: Economy > GDP > PPP |
|
GDP > Real growth rate
|
0.9% |
|
[179th of 198]
|
|
Definition: Economy > GDP > Real growth rate |
|
GDP growth > annual %
|
6.4 annual %
|
|
[54th of 187]
|
|
Definition: Economy > GDP growth > annual % |
|
GDP per capita, PPP > current international $
|
6,206.25 PPP $
|
|
[84th of 169]
|
|
Definition: Economy > GDP per capita, PPP > current international $ |
|
Gross National Income
|
$230,193,000.00 |
|
[162nd of 172]
|
|
Definition: Economy > Gross National Income |
|
Gross national income > constant LCU
|
520492700 |
|
|
|
Definition: Economy > Gross national income > constant LCU |
|
Human Development Index
|
0.783 |
|
[70th of 178]
|
|
Definition: Economy > Human Development Index |
|
Inflation rate (consumer prices)
|
2.7% |
|
[135th of 192]
|
|
Definition: Economy > Inflation rate (consumer prices) |
|
Population below poverty line
|
30% |
|
[21st of 46]
|
|
Definition: Economy > Population below poverty line |
|
Technological achievement
|
0.24 |
|
[52nd of 68]
|
|
Definition: Economy > Technological achievement |
|
Tourist arrivals
|
65,000 |
|
[128th of 152]
|
|
Definition: Economy > Tourist arrivals |
del.icio.us
Feeds |
Contact