Economy of Dominica - Facts at A Glance

Facts At A Glance

GDP: purchasing power parity - $485 million (2006 est.)

GDP - real growth rate: 3.2% (2007 est.)

GDP - per capita: purchasing power parity - $3,800 (2005 est.)

GDP - composition by sector:
agriculture: 17.7%
industry: 32.8%
services: 49.5% (2004 est.)

Population below poverty line: 30% (2002 est.)

Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%

Inflation rate (consumer prices): -0.1% (2005 est.)

Labor force: 25,000 (2000 est.)

Labor force - by occupation:
agriculture: 40%
industry: 32%
services: 28% (2000 est.)

Unemployment rate: 23% (2003 est.)

Budget:
revenues: $73.9 million
expenditures: $84.4 million (2001)

Industries: soap, coconut oil, tourism, copra, furniture, cement blocks, shoes

Industrial production growth rate: -10% (1997 est.)

Electricity - production: 80 million kWh (2005)

Electricity - production by source:
fossil fuel: 50%
hydro: 50%
nuclear: 0%
other: 0% (1998)

Electricity - consumption: 74.4 million kWh (2005)

Electricity - exports: 0 kWh (2005)

Electricity - imports: 0 kWh (2005)

Agriculture - products: bananas, citrus, mangoes, root crops, coconuts, cocoa; forest and fishery potential not exploited

Exports: $94 million f.o.b. (2006)

Exports - commodities: bananas 50%, soap, bay oil, vegetables, grapefruit, oranges

Exports - partners: United Kingdom 24.8%, Jamaica 12.3%, Antigua and Barbuda 9.8%, Guyana 8.3%, China 7.9%, Trinidad and Tobago 5.4%, Saint Lucia 4.5% (2006)

Imports: $296 million f.o.b. (2006)

Imports - commodities: manufactured goods, machinery and equipment, food, chemicals

Imports - partners: United States 25.3%, China 22.7%, Trinidad and Tobago 13.8%, South Korea 4.8% (2006)

Debt - external: $213 million (2004)

Economic aid - recipient: $15.17 million (2005 est.)

Currency: 1 East Caribbean dollar (EC$) = 100 cents

Exchange rates: East Caribbean dollars per US dollar - 2.7 (2007), 2.7 (2006), 2.7 (2005), 2.7 (2004), 2.7 (2003)

Fiscal year: 1 July - 30 June