Debt service (PPG and IMF only, % of exports of goods, services and) in Dominica
Dominica: Debt service (PPG and IMF only, % of exports of goods, services and) was 23.7% in 2024. ▲ Rising
Debt service (PPG and IMF only, % of exports of goods, services and) in Dominica, 1983–2024
Source: International Debt Statistics, World Bank (WB).
Analysis
The most recent figure for debt service (ppg and imf only, % of exports of goods, services and) in Dominica is 23.7%, measured in 2024.
Compared with earlier readings it is up 40.3% on the previous year and up 231.1% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Dominica peaked at 24.4% in 2020 and was at its lowest, 4.9%, in 1996.
Dominica ranks 8th of 118 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 40 years of available data.
Debt service (PPG and IMF only, % of exports of goods, services and) in Dominica, year by year
| Year | Value | Change |
|---|---|---|
| 1983 | 5.6% | — |
| 1986 | 8.5% | +50.7% |
| 1987 | 11.9% | +39.8% |
| 1988 | 8.6% | -27.8% |
| 1989 | 9.3% | +8.0% |
| 1990 | 6.5% | -30.1% |
| 1991 | 6.3% | -3.4% |
| 1992 | 5.9% | -6.0% |
| 1993 | 7.4% | +25.6% |
| 1994 | 7.3% | -0.9% |
| 1995 | 6.0% | -18.3% |
| 1996 | 4.9% | -18.2% |
| 1997 | 7.1% | +45.6% |
| 1998 | 6.5% | -8.7% |
| 1999 | 6.3% | -3.8% |
| 2000 | 6.1% | -3.2% |
| 2001 | 10.6% | +75.7% |
| 2002 | 7.5% | -29.1% |
| 2003 | 7.9% | +4.9% |
| 2004 | 8.3% | +5.4% |
| 2005 | 9.0% | +7.3% |
| 2006 | 9.3% | +3.4% |
| 2007 | 9.5% | +3.0% |
| 2008 | 8.6% | -9.5% |
| 2009 | 10.1% | +17.6% |
| 2010 | 6.8% | -32.9% |
| 2011 | 7.1% | +4.9% |
| 2012 | 9.6% | +34.0% |
| 2013 | 8.5% | -11.5% |
| 2014 | 7.2% | -15.5% |
| 2015 | 8.6% | +20.0% |
| 2016 | 9.8% | +14.3% |
| 2017 | 12.8% | +30.5% |
| 2018 | 18.0% | +40.1% |
| 2019 | 12.2% | -31.9% |
| 2020 | 24.4% | +99.6% |
| 2021 | 16.3% | -33.0% |
| 2022 | 17.1% | +4.4% |
| 2023 | 16.9% | -0.9% |
| 2024 | 23.7% | +40.3% |
Dominica compared with similar countries
- Dominica's 23.7% is above the median for upper middle income countries, which is 7.8%, 3.0× the median. (50 countries reporting)
- Dominica's 23.7% is above the median for Latin America & Caribbean, which is 10.0%, 2.4× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.8% | 5.6% | 11.9% | 5 |
| 1990s | 6.4% | 4.9% | 7.4% | 10 |
| 2000s | 8.7% | 6.1% | 10.6% | 10 |
| 2010s | 10.1% | 6.8% | 18.0% | 10 |
| 2020s | 19.7% | 16.3% | 24.4% | 5 |
Countries ranked near Dominica
More external debt data for Dominica
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 7.8% (2024)
- Net financial flows, IDA 11.46 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 173.14 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0166 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IBRD -31,000 NFL, current US$ (2016)
- Public and publicly guaranteed debt service 22.6% (2024)
Frequently asked questions
- What is debt service (ppg and imf only, % of exports of goods, services and) in Dominica?
- Debt service (ppg and imf only, % of exports of goods, services and) in Dominica was 23.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in Dominica?
- The highest recorded value was 24.4% in 2020.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Dominica?
- The lowest recorded value was 4.9% in 1996.
- How does Dominica rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Dominica ranks 8th out of 118 countries with data for 2024.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Dominica?
- Over the last ten years it is up 231.1%. The long-run trend across the full record is rising.
- Where does this Dominica data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.