Dominica: Exports, percent of GDP

* indicates monthly or quarterly data series
 Dominica

Exports of goods and services as percent of GDP

 Latest value 29.19
 Year 2018
 Measure percent
 Data availability 2006 - 2018
 Average 38.12
 Min - Max 29.19 - 52.44
 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 38.12 percent with a minimum of 29.19 percent in 2018 and a maximum of 52.44 percent in 2014. The latest value from 2018 is 29.19 percent. For comparison, the world average in 2018 based on 173 countries is 44.08 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 - Exports, percent of GDP - recent values

Historical chart
Dominica - Exports, percent of GDP - historical chart - 2006-2018




The exports of Dominica and other countries are calculated as the total amount of goods and services produced at home and sold abroad. Exports are often reported as percent of GDP so that we can evaluate their magnitude relative to the size of the economy.

If exports are about 15 percent or less of GDP the economy is considered relatively closed as only 15 percent of its products are sold internationally. That, for example, applies to the U.S. In contrast, many small European countries export over 40 percent of their production. They are considered more open to international trade.
Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.


 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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