Use of IMF credit (DOD, current US$) in Dominica
Dominica: Use of IMF credit (DOD, current US$) was 39.61 million DOD, current US$ in 2024. ◆ Volatile
Use of IMF credit in Dominica, 1983–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
Dominica recorded 39.61 million DOD, current US$ for use of imf credit in 2024.
Compared with earlier readings it is down 6.6% on the previous year and up 89.2% over ten years.
Over the whole period, use of imf credit in Dominica peaked at 47.96 million DOD, current US$ in 2021 and was at its lowest, 36,609 DOD, current US$, in 1998.
Dominica ranks 121st of 123 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Use of IMF credit (DOD, current US$) in Dominica, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1983 | 11.52 million DOD, current US$ | — |
| 1984 | 10.45 million DOD, current US$ | -9.3% |
| 1985 | 10.08 million DOD, current US$ | -3.5% |
| 1986 | 9.57 million DOD, current US$ | -5.1% |
| 1987 | 11.67 million DOD, current US$ | +22.0% |
| 1988 | 8.85 million DOD, current US$ | -24.2% |
| 1989 | 6.56 million DOD, current US$ | -25.8% |
| 1990 | 5.69 million DOD, current US$ | -13.4% |
| 1991 | 4.75 million DOD, current US$ | -16.4% |
| 1992 | 3.83 million DOD, current US$ | -19.5% |
| 1993 | 3.08 million DOD, current US$ | -19.6% |
| 1994 | 2.49 million DOD, current US$ | -19.1% |
| 1995 | 1.70 million DOD, current US$ | -31.6% |
| 1996 | 842,645 DOD, current US$ | -50.5% |
| 1997 | 250,960 DOD, current US$ | -70.2% |
| 1998 | 36,609 DOD, current US$ | -85.4% |
| 1999 | 813,075 DOD, current US$ | +2121.0% |
| 2000 | 771,844 DOD, current US$ | -5.1% |
| 2001 | 744,487 DOD, current US$ | -3.5% |
| 2002 | 3.59 million DOD, current US$ | +382.5% |
| 2003 | 8.80 million DOD, current US$ | +145.0% |
| 2004 | 10.16 million DOD, current US$ | +15.4% |
| 2005 | 12.40 million DOD, current US$ | +22.1% |
| 2006 | 14.89 million DOD, current US$ | +20.1% |
| 2007 | 13.09 million DOD, current US$ | -12.1% |
| 2008 | 15.91 million DOD, current US$ | +21.6% |
| 2009 | 31.91 million DOD, current US$ | +100.5% |
| 2010 | 30.24 million DOD, current US$ | -5.2% |
| 2011 | 27.32 million DOD, current US$ | -9.7% |
| 2012 | 26.56 million DOD, current US$ | -2.8% |
| 2013 | 23.85 million DOD, current US$ | -10.2% |
| 2014 | 20.94 million DOD, current US$ | -12.2% |
| 2015 | 26.50 million DOD, current US$ | +26.6% |
| 2016 | 24.21 million DOD, current US$ | -8.7% |
| 2017 | 24.42 million DOD, current US$ | +0.9% |
| 2018 | 22.36 million DOD, current US$ | -8.4% |
| 2019 | 20.76 million DOD, current US$ | -7.2% |
| 2020 | 35.84 million DOD, current US$ | +72.6% |
| 2021 | 47.96 million DOD, current US$ | +33.8% |
| 2022 | 43.69 million DOD, current US$ | -8.9% |
| 2023 | 42.40 million DOD, current US$ | -3.0% |
| 2024 | 39.61 million DOD, current US$ | -6.6% |
Dominica compared with similar countries
- Dominica's 39.61 million DOD, current US$ is below the median for upper middle income countries, which is 1.00 billion DOD, current US$, 4% of the median. (52 countries reporting)
- Dominica's 39.61 million DOD, current US$ is below the median for Latin America & Caribbean, which is 600.43 million DOD, current US$, 7% of the median. (23 countries reporting)
Biggest year-on-year movements
Years where Use of IMF credit (DOD, current US$) in Dominica changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +2121.0% | 36,609 DOD, current US$ | 813,075 DOD, current US$ |
| 2002 | +382.5% | 744,487 DOD, current US$ | 3.59 million DOD, current US$ |
| 2003 | +145.0% | 3.59 million DOD, current US$ | 8.80 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.81 million DOD, current US$ | 6.56 million DOD, current US$ | 11.67 million DOD, current US$ | 7 |
| 1990s | 2.35 million DOD, current US$ | 36,609 DOD, current US$ | 5.69 million DOD, current US$ | 10 |
| 2000s | 11.23 million DOD, current US$ | 744,487 DOD, current US$ | 31.91 million DOD, current US$ | 10 |
| 2010s | 24.72 million DOD, current US$ | 20.76 million DOD, current US$ | 30.24 million DOD, current US$ | 10 |
| 2020s | 41.90 million DOD, current US$ | 35.84 million DOD, current US$ | 47.96 million DOD, current US$ | 5 |
Countries ranked near Dominica
- 118 Tonga 43.83 million DOD, current US$ compare
- 119 East Timor 42.08 million DOD, current US$ compare
- 120 Eritrea 39.64 million DOD, current US$ compare
- 122 Bhutan 33.31 million DOD, current US$ compare
- 123 Saint Kitts and Nevis 3.43 million DOD, current US$ compare
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 use of imf credit in Dominica?
- Use of imf credit in Dominica was 39.61 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest use of imf credit recorded in Dominica?
- The highest recorded value was 47.96 million DOD, current US$ in 2021.
- What is the lowest use of imf credit recorded in Dominica?
- The lowest recorded value was 36,609 DOD, current US$ in 1998.
- How does Dominica rank for use of imf credit?
- Dominica ranks 121st out of 123 countries with data for 2024.
- Is use of imf credit rising or falling in Dominica?
- Over the last ten years it is up 89.2%. The long-run trend across the full record is volatile.
- Where does this Dominica data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Use of IMF credit (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Use of IMF Credit: Data related to the operations of the IMF are provided by the IMF Treasurer’s Department. They are converted from special drawing rights into dollars using end-of-period exchange rates for stocks and average-over-the-period exchange rates for flows. IMF trust fund operations under the Enhanced Structural Adjustment Facility, Extended Fund Facility, Poverty Reduction and Growth Facility, and Structural Adjustment Facility (Enhanced Structural Adjustment Facility in 1999) are presented together with all of the IMF’s special facilities (buffer stock, supplemental reserve, compensatory and contingency facilities, oil facilities, and other facilities). SDR allocations are also included in this category. According to the BPM6, SDR allocations are recorded as the incurrence of a debt liability of the member receiving them (because of a requirement to repay the allocation in certain circumstances, and also because interest accrues). This debt item is introduced for the first time this year with historical data starting in 1999.