GDP (current LCU), annual growth rate in Dominica

Dominica: GDP (current LCU), annual growth rate was 4.49 % change on previous year in 2024. ◆ Volatile

Latest (2024)
4.49 % change on previous year
Change on year
down 22.9%
World rank
160th
of 211 countries
All-time high
32.33 % change on previous year
in 1980
All-time low
-17.9 % change on previous year
in 2020
Years of data
47
1978–2024

GDP (current LCU), annual growth rate in Dominica, 1978–2024

-2002040197820012024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gdp (current lcu), annual growth rate in Dominica is 4.49 % change on previous year, measured in 2024.

The figure is down 22.9% on the previous year and down 9.2% over ten years.

Over the whole period, gdp (current lcu), annual growth rate in Dominica peaked at 32.33 % change on previous year in 1980 and was at its lowest, -17.9 % change on previous year, in 2020.

That places Dominica 160th out of 211 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current LCU), annual growth rate in Dominica, year by year

Annual values for GDP (current LCU), annual growth rate in Dominica, 1978 to 2024.
Year % change on previous year Change
1978 24.54 % change on previous year
1979 -3.7 % change on previous year -115.1%
1980 32.33 % change on previous year -974.3%
1981 12.78 % change on previous year -60.5%
1982 9.04 % change on previous year -29.3%
1983 10.21 % change on previous year +12.9%
1984 10.63 % change on previous year +4.2%
1985 9.47 % change on previous year -11.0%
1986 13.11 % change on previous year +38.5%
1987 12.36 % change on previous year -5.7%
1988 12.67 % change on previous year +2.5%
1989 8.2 % change on previous year -35.3%
1990 8.8 % change on previous year +7.3%
1991 9.1 % change on previous year +3.4%
1992 6.51 % change on previous year -28.5%
1993 4.9 % change on previous year -24.7%
1994 7.68 % change on previous year +56.7%
1995 3.84 % change on previous year -50.0%
1996 6.47 % change on previous year +68.6%
1997 3.66 % change on previous year -43.4%
1998 6.41 % change on previous year +75.0%
1999 2.9 % change on previous year -54.8%
2000 0.5158 % change on previous year -82.2%
2001 13.19 % change on previous year +2457.8%
2002 -0.5995 % change on previous year -104.5%
2003 -0.5015 % change on previous year -16.4%
2004 6.27 % change on previous year -1349.6%
2005 -1.32 % change on previous year -121.1%
2006 6.44 % change on previous year -586.3%
2007 6.72 % change on previous year +4.4%
2008 7.94 % change on previous year +18.1%
2009 7.42 % change on previous year -6.6%
2010 0.8225 % change on previous year -88.9%
2011 2.35 % change on previous year +185.9%
2012 -2.2 % change on previous year -193.7%
2013 4.8 % change on previous year -317.7%
2014 4.94 % change on previous year +2.9%
2015 1.91 % change on previous year -61.4%
2016 5.06 % change on previous year +165.3%
2017 -8.06 % change on previous year -259.1%
2018 11.52 % change on previous year -243.0%
2019 2.55 % change on previous year -77.9%
2020 -17.9 % change on previous year -802.2%
2021 6.42 % change on previous year -135.9%
2022 10.69 % change on previous year +66.4%
2023 5.82 % change on previous year -45.6%
2024 4.49 % change on previous year -22.9%

Dominica compared with similar countries

  • Dominica's 4.49 % change on previous year is below the median for upper middle income countries, which is 7.03 % change on previous year, 64% of the median. (58 countries reporting)
  • Dominica's 4.49 % change on previous year is below the median for Latin America & Caribbean, which is 7.38 % change on previous year, 61% of the median. (40 countries reporting)

Biggest year-on-year movements

Years where GDP (current LCU), annual growth rate in Dominica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2001 +2457.8% 0.5158 % change on previous year 13.19 % change on previous year
2004 +1349.6% -0.5015 % change on previous year 6.27 % change on previous year
1980 +974.3% -3.7 % change on previous year 32.33 % change on previous year
2020 -802.2% 2.55 % change on previous year -17.9 % change on previous year
2006 +586.3% -1.32 % change on previous year 6.44 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 10.42 % change on previous year -3.7 % change on previous year 24.54 % change on previous year 2
1980s 13.08 % change on previous year 8.2 % change on previous year 32.33 % change on previous year 10
1990s 6.03 % change on previous year 2.9 % change on previous year 9.1 % change on previous year 10
2000s 4.61 % change on previous year -1.32 % change on previous year 13.19 % change on previous year 10
2010s 2.37 % change on previous year -8.06 % change on previous year 11.52 % change on previous year 10
2020s 1.9 % change on previous year -17.9 % change on previous year 10.69 % change on previous year 5

Countries ranked near Dominica

  1. 157 Canada 4.61 % change on previous year compare
  2. 158 Ireland 4.61 % change on previous year compare
  3. 159 Isle of Man 4.55 % change on previous year compare
  4. 161 United Arab Emirates 4.46 % change on previous year compare
  5. 162 El Salvador 4.46 % change on previous year compare
  6. 163 South Africa 4.45 % change on previous year compare

See the full ranking of 211 places →

More population data for Dominica

All data for Dominica →

Frequently asked questions

What is gdp (current lcu), annual growth rate in Dominica?
Gdp (current lcu), annual growth rate in Dominica was 4.49 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (current lcu), annual growth rate recorded in Dominica?
The highest recorded value was 32.33 % change on previous year in 1980.
What is the lowest gdp (current lcu), annual growth rate recorded in Dominica?
The lowest recorded value was -17.9 % change on previous year in 2020.
How does Dominica rank for gdp (current lcu), annual growth rate?
Dominica ranks 160th out of 211 countries with data for 2024.
Is gdp (current lcu), annual growth rate rising or falling in Dominica?
Over the last ten years it is down 9.2%. The long-run trend across the full record is volatile.
Where does this Dominica data come from?
The figures come from Statizoid (derived), published as part of GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (current LCU), annual growth rate in Dominica. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-current-lcu-annual-growth-rate-2/dominica/

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How this figure is calculated

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,125 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.