Dominica GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$0.69

Source: world bank Nominal/PPP
Summary:

Dominica GDP Per Capita expanded from 1977 to 2024, increasing from $0.05 to $0.69 .The compound annual growth rate (CAGR) averaged 5.74% over the period. The economy recorded its peak level in 2024 and its lowest level in 1977. Growth volatility remained high. The maximum drawdown reached 17.19%, indicating the largest cyclical decline from peak levels. The country experienced 6 recession episode(s) during the observed period.

Latest GDP Per Capita of Dominica 2024 – Nominal vs PPP

MetricNominal GDP (Current USD)GDP (PPP, Int$)
Latest Year20242024
Latest GDP Per Capita$ 0.69 dollars$ 1.41 Int dollars
Growth (YoY)4.485%4.52%
Net Change vs Previous Year$ 0.03 dollars$ 0.06 Int dollars
% of World GDP Per Capita0.00%0.00%
MeaningNominal GDP Per Capita (Current USD, exchange-rate based)GDP (PPP, cost-of-living adjusted)
Dominica GDP | Dominica GDP Growth

Dominica Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960------
1961------
1962------
1963------
1964------
1965------
1966------
1967------
1968------
1969------
1970------
1971------
1972------
1973------
1974------
1975------
1976------
19770.05-----
19780.060.0124.54 %---
19790.060-3.698 %---
19800.070.0232.329 %---
19810.080.0112.778 %---
19820.090.019.037 %---
19830.10.0110.206 %---
19840.110.0110.634 %---
19850.120.019.468 %---
19860.140.0213.114 %---
19870.150.0212.361 %---
19880.170.0212.667 %---
19890.190.018.2 %---
19900.20.028.8 %0.32--
19910.220.029.102 %0.340.024.775 %
19920.230.016.505 %0.360.014.355 %
19930.250.014.899 %0.370.024.583 %
19940.260.027.677 %0.380.012.17 %
19950.270.013.839 %0.40.025.191 %
19960.290.026.471 %0.420.024.992 %
19970.30.013.662 %0.440.023.948 %
19980.320.026.41 %0.460.024.941 %
19990.330.012.899 %0.470.011.774 %
20000.3300.516 %0.490.024.658 %
20010.380.0413.192 %0.50.012.186 %
20020.380-0.6 %0.49-0.01-1.581 %
20030.370-0.501 %0.530.047.894 %
20040.40.026.266 %0.570.046.897 %
20050.39-0.01-1.325 %0.590.024.079 %
20060.420.036.442 %0.630.047.62 %
20070.440.036.723 %0.680.058.212 %
20080.480.047.942 %0.750.069.185 %
20090.520.047.42 %0.740-0.526 %
20100.5200.822 %0.750.011.108 %
20110.530.012.351 %0.770.022.107 %
20120.52-0.01-2.204 %0.75-0.01-1.724 %
20130.550.024.799 %0.790.034.238 %
20140.570.034.938 %0.850.068.072 %
20150.580.011.909 %0.8500.131 %
20160.610.035.064 %0.90.055.825 %
20170.56-0.05-8.055 %0.87-0.03-3.486 %
20180.630.0611.518 %1.030.1618.138 %
20190.640.022.549 %1.090.065.85 %
20200.53-0.12-17.899 %0.96-0.12-11.493 %
20210.560.036.422 %1.060.110.379 %
20220.620.0610.686 %1.260.1918.268 %
20230.660.045.818 %1.350.097.382 %
20240.690.034.485 %1.410.064.52 %

Dominica Economic Phases (1977 - 2024)

From 1977 to 2024, Dominica economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1980–1992) indicating robust economic expansion
  • Expansion (1999–2000) indicating steady moderate growth
  • Contraction (2002–2003) indicating temporary slowdown
  • High Growth (2006–2009) indicating robust economic expansion
  • Expansion (2010–2011) indicating steady moderate growth
  • Expansion (2013–2015) indicating steady moderate growth
  • High Growth (2021–2023) indicating robust economic expansion
  • Expansion (2024–2024) indicating steady moderate growth

The most remarkable growth occurred in 1980 with an increase of 32.329%, while the largest decline was in 2020 at -17.899%.