HistoryData

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
20002026 · 31 pts

Current Account BalanceDominica

20002026

Current Account Balance — Dominica
-46.7% of GDP-36.725% of GDP-26.75% of GDP-16.775% of GDP-6.8% of GDP2000201020202030PeakLow
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
YearValueChange %
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
YearValueChange %
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

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