Current Account Balance: Dominica
Dominica's current account balance is currently -26.4 % of GDP as of 2026. # Dominica Current Account Balance Dominica's current account balance stands at -26.
Current (2026)
-26.4 % of GDP
+19.8% y/y
Peak (2014)
-6.8 % of GDP
Low (2018)
-46.7 % of GDP
Source
IMF World Economic Outlook
2000–2026 · 31 pts
Current Account Balance — Dominica
2000 — 2026
Current Account Balance — Dominica
Analysis# Dominica Current Account Balance
Dominica's current account balance stands at -26.4% of GDP in 2026, reflecting a significant structural deficit in the nation's external accounts. Since 2000, the metric has deteriorated by 47.5 percentage points, moving substantially away from the all-time peak of -6.8% in 2014. The all-time low of -46.7% occurred in 2018, marking the most severe imbalance in the data range.
A dramatic collapse occurred between 2017 and 2018, when the deficit widened from -11% to -46.7%—likely reflecting Hurricane Maria's devastating economic impact. Recovery has been gradual but consistent: the deficit narrowed from -38.1% in 2019 through -27% in 2022, then stabilized around -32% to -34% before trending toward improvement in 2026. Projections suggest continued gradual recovery, though Dominica's current account remains substantially weaker than pre-disaster levels.
Historical Data
31 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | -13.8 % of GDP | +4.83% |
| 2029 | -14.5 % of GDP | -2.11% |
| 2028 | -14.2 % of GDP | +27.92% |
| 2027 | -19.7 % of GDP | +25.38% |
| 2026 | -26.4 % of GDP | +19.76% |
| 2025 | -32.9 % of GDP | +1.50% |
| 2024 | -33.4 % of GDP | +2.34% |
| 2023 | -34.2 % of GDP | -26.67% |
| 2022 | -27 % of GDP | +19.40% |
| 2021 | -33.5 % of GDP | +9.46% |
| 2020 | -37 % of GDP | +2.89% |
| 2019 | -38.1 % of GDP | +18.42% |
| 2018 | -46.7 % of GDP | -324.55% |
| 2017 | -11 % of GDP | -22.22% |
| 2016 | -9 % of GDP | -26.76% |
| 2015 | -7.1 % of GDP | -4.41% |
| 2014 | -6.8 % of GDP | +31.31% |
| 2013 | -9.9 % of GDP | +42.77% |
| 2012 | -17.3 % of GDP | -124.68% |
| 2011 | -7.7 % of GDP | +51.57% |
Show all 31 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | -15.9 % of GDP | +29.96% |
| 2009 | -22.7 % of GDP | +19.79% |
| 2008 | -28.3 % of GDP | -37.38% |
| 2007 | -20.6 % of GDP | -60.94% |
| 2006 | -12.8 % of GDP | +38.76% |
| 2005 | -20.9 % of GDP | -30.62% |
| 2004 | -16 % of GDP | -3.23% |
| 2003 | -15.5 % of GDP | -9.15% |
| 2002 | -14.2 % of GDP | +7.19% |
| 2001 | -15.3 % of GDP | +14.53% |
| 2000 | -17.9 % of GDP | — |
Related Data
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For Dominica
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