dm Dominica 2023

Detailed economic analysis and indicators for 2023

Year 2023

Key Economic Indicators (2023)

GDP (Current USD)

$653.99 million

↑ 7.71% vs 2022
GDP per Capita

$9,833.00

↑ 8.23% vs 2022
GDP Growth (Annual %)

4.71%

↓ 0.87pp vs 2022
Inflation Rate (CPI %)

4.23%

↓ 3.55pp vs 2022

Year-over-Year Comparison

Indicator 2022 2023 Change
GDP (Current USD) $607.16 million $653.99 million +7.71%
GDP per Capita $9,085.67 $9,833.00 +8.23%
GDP Growth (Annual %) 5.58% 4.71% -0.87pp
Inflation (CPI %) 7.78% 4.23% -3.55pp

All Economic Indicators (2023)

National Accounts
GDP (Current USD)
$653.99 million
GDP per Capita
$9,833.00
GDP Growth (Annual %)
4.71%
Gross National Income
$655.79 million
Prices & Employment
Inflation (CPI %)
4.23%
Inflation (GDP Deflator %)
2.87%
Unemployment Rate (%)
N/A
Interest Rate (Real %)
2.98%
Trade & Investment
Exports (Goods & Services)
N/A
Imports (Goods & Services)
N/A
FDI Inflow
N/A
FDI Outflow
N/A
Balance & Debt
Current Account Balance (% GDP)
-34.19%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2023, Dominica's Gross Domestic Product (GDP) is $653.99 million. This represents the total value of goods and services produced in the country.

The GDP per capita in Dominica for 2023 is $9,833.00. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Dominica for 2023 is 4.23%. This measures the annual percentage change in the cost of consumer goods and services.

Dominica's annual GDP growth rate for 2023 is 4.71%. This indicates the rate at which the country's economy is expanding or contracting.