Dominica: Trade balance, percent of GDP

* indicates monthly or quarterly data series
 Dominica

Trade balance as percent of GDP

 Latest value -48.57
 Year 2018
 Measure percent
 Data availability 2006 - 2018
 Average -19.79
 Min - Max -48.57 - -10.07
 Source The World Bank
For that indicator, we provide data for Dominica from 2006 to 2018. The average value for Dominica during that period was -19.79 percent with a minimum of -48.57 percent in 2018 and a maximum of -10.07 percent in 2013. The latest value from 2018 is -48.57 percent. For comparison, the world average in 2018 based on 169 countries is -3.88 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Dominica - Trade balance, percent of GDP - recent values

Historical chart
Dominica - Trade balance, percent of GDP - historical chart - 2006-2018




The trade balance for Dominica and other countries is calculated as the difference between the exports and imports of goods and services, as percent of GDP. A positive number means trade surplus and a negative number means trade deficit.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).


 Related indicators Latest value Reference Measure
 Terms of trade 96.89 2021 percent
 Trade openness 106.96 2018 percent
 Exports, percent of GDP 29.19 2018 percent
 Exports, billion dollars 0.16 2018 billion U.S. dollars
 Imports, percent of GDP 77.77 2018 percent
 Imports, billion dollars 0.43 2018 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 4.64 2022 percent
 Foreign Direct Investment, billion dollars 0.03 2022 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 2021 million dollars (current)
 Current account, percent of GDP -27.59 2021 percent
 Current account, in dollars -0.13 2022 billion U.S. dollars
 Trade balance, percent of GDP -48.57 2018 percent
 Trade balance, in dollars -0.16 2022 billion U.S. dollars
 Reserves 0.20 2022 billion U.S. dollars
 Remittances, percent of GDP 8.56 2022 percent
 Remittances 62.13 2021 million U.S. dollars
 Net errors and omissions -45.77 2022 million USD
 External debt 65.65 2022 percent
 Short-term external debt 4.80 2022 percent
 Short-term debt to reserves 9.41 2022 percent
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