Dominica GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$10,405.28

Source: world bank Nominal/PPP
Summary:

Dominica GDP Per Capita expanded from 1977 to 2024, increasing from $633.55 to $10,405.28 .The compound annual growth rate (CAGR) averaged 6.14% 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 17.53%, 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$)
Latest Year20242024
Latest GDP Per Capita$ 10,405.28 dollars$ 21,300.68 Int dollars
Growth (YoY)4.966%5.002%
Net Change vs Previous Year$ 492.32 dollars$ 1,014.70 Int dollars
% of World GDP Per Capita9.38%10.67%
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------
1977633.55-----
1978785.58152.0223.996 %---
1979754.09-31.48-4.008 %---
1980996.19242.132.105 %---
19811124.97128.7812.928 %---
19821231.67106.699.484 %---
19831363.44131.7710.698 %---
19841514.89151.4511.108 %---
19851665.53150.649.944 %---
19861892.87227.3313.649 %---
19872138.3245.4412.966 %---
19882423.33285.0213.329 %---
19892639.05215.728.902 %---
19902892.98253.939.622 %4667.43--
19913171.37278.389.623 %4913.67246.245.276 %
19923376.26204.896.461 %5125.49211.824.311 %
19933536.16159.94.736 %5352.06226.564.42 %
19943805.2269.057.608 %5464.75112.72.106 %
19953951.72146.523.851 %5749.1284.345.203 %
19964211259.276.561 %6041.21292.115.081 %
19974372.2161.23.828 %6289.76248.554.114 %
19984664.24292.056.68 %6617.22327.465.206 %
19994817.18152.943.279 %6759.46142.242.15 %
20004867.450.221.042 %7111.41351.955.207 %
20015527.52660.1213.562 %7290.63179.222.52 %
20025488.03-39.49-0.714 %7167.04-123.59-1.695 %
20035447.44-40.59-0.74 %7714.3547.257.636 %
20045778.83331.396.083 %8232.18517.896.713 %
20055695.22-83.61-1.447 %8557.42325.233.951 %
20066055.78360.566.331 %9199.88642.477.508 %
20076459.04403.256.659 %9949.48749.68.148 %
20086971.33512.297.931 %10862.26912.789.174 %
20097487.49516.167.404 %10803.56-58.7-0.54 %
20107549.6262.130.83 %10924.1120.541.116 %
20117705.41155.792.064 %11122.9198.81.82 %
20127528.51-176.9-2.296 %10920.91-201.99-1.816 %
20137822.22293.713.901 %11286.27365.363.346 %
20148131.75309.533.957 %12083.29797.027.062 %
20158282.6150.851.855 %12092.739.440.078 %
20168802.56519.966.278 %12945852.277.048 %
20178224.65-577.91-6.565 %12696.2-248.81-1.922 %
20189215.31990.6612.045 %15069.92373.718.696 %
20199491.15275.842.993 %16020.59950.76.309 %
20207827.75-1663.4-17.526 %14243.76-1776.83-11.091 %
20218376.4548.667.009 %15808.971565.2110.989 %
20229323.66947.2611.309 %18802.082993.1118.933 %
20239912.96589.36.32 %20285.981483.97.892 %
202410405.28492.324.966 %21300.681014.75.002 %

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 32.105%, while the largest decline was in 2020 at -17.526%.