| People | Dominica |
 = Fields  = World Records  = Dictionary  = Bar graph  = Distribution map  = Fields History  = Definitions |
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. |
GDP (purchasing power parity):
|
$485 million (2006 est.) |
GDP (official exchange rate):
|
$268 million (2007 est.) |
GDP - real growth rate:
|
3.2% (2007 est.) |
GDP - per capita (PPP):
|
$3,800 (2005 est.) |
GDP - composition by sector:
|
agriculture: 17.7%
industry: 32.8%
services: 49.5% (2004 est.) |
Investment (gross fixed):
|
void |
Population below poverty line:
|
30% (2002 est.) |
Household income or consumption by percentage share:
|
lowest 10%: NA%
highest 10%: NA% |
Distribution of family income - Gini index:
|
void |
Inflation rate (consumer prices):
|
-0.1% (2005 est.) |
Labor force:
|
25,000 (2000 est.) |
Labor force participation rate:
|
34.48 % of population |
Labor force - by occupation:
|
agriculture: 40%
industry: 32%
services: 28% (2000 est.) |
Unemployment rate:
|
23% (2000 est.) |
Budget:
|
revenues: $73.9 million
expenditures: $84.4 million (2001) |
Budget revenues per capita:
|
1,020 USD per capita |
Public debt:
|
void |
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 per capita:
|
1,104 kWh per capita |
Electricity - consumption:
|
74.4 million kWh (2005) |
Electricity - consumption - per capita:
|
1,027 kWh per capita |
Electricity - exports:
|
0 kWh (2005) |
Electricity - imports:
|
0 kWh (2005) |
Oil - production:
|
0 bbl/day (2005) |
Oil - production per capita:
|
void |
Oil - consumption:
|
800 bbl/day (2005 est.) |
Oil - consumption - per capita:
|
4.03 bbl/year per capita |
Oil - exports:
|
0 bbl/day (2004) |
Oil - imports:
|
771.8 bbl/day (2004) |
Oil - proved reserves:
|
0 bbl (1 January 2006 est.) |
Natural gas - production:
|
0 cu m (2005 est.) |
Natural gas - production per capita:
|
void |
Natural gas - consumption:
|
0 cu m (2005 est.) |
Natural gas - consumption - per capita:
|
void |
Natural gas - exports:
|
0 cu m (2005 est.) |
Natural gas - imports:
|
0 cu m (2005) |
Natural gas - proved reserves:
|
0 cu m (1 January 2006 est.) |
Agriculture - products:
|
bananas, citrus, mangoes, root crops, coconuts, cocoa; forest and fishery potential not exploited |
Current account balance:
|
void |
Current account balance - per capita:
|
void |
Exports:
|
$94 million f.o.b. (2006) |
Exports per capita:
|
1,297 USD per capita |
Exports - commodities:
|
bananas, soap, bay oil, vegetables, grapefruit, oranges |
Exports - partners:
|
UK 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 per capita:
|
4,082 USD per capita |
Imports - commodities:
|
manufactured goods, machinery and equipment, food, chemicals |
Imports - partners:
|
US 25.3%, China 22.7%, Trinidad and Tobago 13.8%, South Korea 4.8% (2006) |
Reserves of foreign exchange and gold:
|
void |
Reserves of foreign exchange and gold - per capita:
|
void |
Debt - external:
|
$213 million (2004) |
Debt - external - per capita:
|
2,938 USD per capita |
Stock of direct foreign investment - at home:
|
void |
Stock of direct foreign investment - abroad:
|
void |
Market value of publicly traded shares:
|
void |
Economic aid - donor:
|
void |
Economic aid - recipient:
|
$15.17 million (2005 est.) |
Economic aid - recipient per capita:
|
210 USD per capita |
Currency (code):
|
East Caribbean dollar (XCD) |
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 |
|
= Fields = World Records = Dictionary = Bar graph = Distribution map = Fields History = Definitions |
|
Home 
Geographic Names
Chiefs of State
Intl. Organizations
Intl. Environmental Agree.
Other References
