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Economy of Dominica vs France compared: GDP & Debt

Updated on by Georank

Dominica has a GDP of $724M compared to $3.37T for France, ranking 190/197 and 7/197 by economy size, respectively.

Dominica has $743M in government debt (102.6% of GDP), compared to $3.9T (116% of GDP) in France.

Dominica vs France GDP by year

Dominica
France
1x
Year GDP, current $
Dominica France
2025 $723,859,259 $3,366,315,927,447
2024 $688,881,481 $3,160,442,622,465
2023 $659,311,111 $3,056,250,648,138
2022 $623,062,963 $2,794,788,137,067
2021 $562,911,111 $2,966,433,692,008
2020 $528,944,444 $2,647,926,055,110
2019 $644,259,259 $2,722,793,515,172
2018 $628,244,444 $2,781,576,320,884
2017 $563,355,556 $2,588,868,323,335
2016 $612,711,111 $2,470,407,619,777
2015 $583,177,778 $2,442,483,452,643
2014 $572,255,556 $2,861,236,112,552
2013 $545,325,926 $2,816,077,607,875
2012 $520,355,556 $2,683,007,095,787
2011 $532,081,481 $2,870,408,553,990
2010 $519,859,259 $2,646,230,027,988
2009 $515,618,519 $2,700,075,882,519
2008 $480,003,704 $2,926,802,941,586
2007 $444,685,185 $2,655,816,911,867
2006 $416,674,074 $2,317,861,544,691
2005 $391,455,556 $2,192,146,403,028
2004 $396,711,111 $2,109,792,297,237
2003 $373,318,519 $1,835,095,983,049
2002 $375,200,000 $1,492,427,756,382
2001 $377,462,963 $1,370,376,677,299
2000 $333,470,370 $1,360,959,069,477
1999 $331,759,259 $1,486,915,879,702
1998 $322,411,111 $1,496,906,382,032
1997 $302,988,889 $1,449,392,222,971
1996 $292,285,185 $1,598,889,216,566
1995 $274,522,222 $1,595,219,345,512
1994 $264,374,074 $1,385,822,778,828
1993 $245,525,926 $1,314,383,368,080
1992 $234,059,259 $1,389,663,073,110
1991 $219,762,963 $1,258,961,748,634
1990 $201,429,630 $1,257,649,439,827
1989 $185,137,243 $1,016,742,237,302
1988 $171,106,184 $1,010,827,662,152
1987 $151,868,754 $926,320,855,615
1986 $135,161,959 $764,946,585,851
1985 $119,491,933 $547,220,981,165
1984 $109,157,071 $525,033,325,828
1983 $98,665,191 $553,356,312,936
1982 $89,527,577 $578,152,310,610
1981 $82,107,391 $609,184,791,792
1980 $72,804,653 $694,529,183,483
1979 $55,017,759 $608,218,624,730
1978 $57,130,216 $501,724,418,605
1977 $45,872,947 $406,401,711,688
1976 - $368,363,152,144
1975 - $357,324,307,786
1974 - $282,739,225,314
1973 - $261,970,536,240
1972 - $201,738,881,664
1971 - $164,694,210,962
1970 - $147,312,861,698
1969 - $140,660,914,841
1968 - $128,710,572,572
1967 - $118,088,635,381
1966 - $109,306,730,313
1965 - $100,927,668,584
1964 - $93,424,179,943
1963 - $84,227,606,650
1962 - $75,196,980,365
1961 - $67,158,050,215
1960 - $61,959,085,885

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/dominica/france | CC BY

GDP per capita in Dominica vs France by year

Dominica
GDP per capita

GDP per capita, PPP
France
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominica France
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,989 - $48,986 -
2024 $10,405 $21,301 $46,103 $62,557
2023 $9,913 $20,286 $44,700 $60,839
2022 $9,324 $18,802 $40,989 $57,043
2021 $8,376 $15,809 $43,725 $52,517
2020 $7,828 $14,244 $39,170 $49,482
2019 $9,491 $16,021 $40,408 $51,130
2018 $9,215 $15,070 $41,418 $46,381
2017 $8,225 $12,696 $38,687 $44,469
2016 $8,803 $12,945 $37,024 $42,880
2015 $8,283 $12,093 $36,702 $40,905
2014 $8,132 $12,083 $43,148 $40,218
2013 $7,822 $11,286 $42,669 $39,583
2012 $7,529 $10,921 $40,864 $37,671
2011 $7,705 $11,123 $43,930 $37,510
2010 $7,550 $10,924 $40,695 $35,908
2009 $7,487 $10,804 $41,728 $34,685
2008 $6,971 $10,862 $45,465 $35,053
2007 $6,459 $9,949 $41,486 $34,066
2006 $6,056 $9,200 $36,432 $32,424
2005 $5,695 $8,557 $34,696 $30,431
2004 $5,779 $8,232 $33,645 $28,921
2003 $5,447 $7,714 $29,480 $28,024
2002 $5,488 $7,167 $24,145 $28,350
2001 $5,528 $7,291 $22,332 $27,347
2000 $4,867 $7,111 $22,341 $26,007
1999 $4,817 $6,759 $24,576 $24,204
1998 $4,664 $6,617 $24,869 $23,263
1997 $4,372 $6,290 $24,169 $22,190
1996 $4,211 $6,041 $26,758 $21,268
1995 $3,952 $5,749 $26,792 $20,701
1994 $3,805 $5,465 $23,360 $19,892
1993 $3,536 $5,352 $22,239 $19,094
1992 $3,376 $5,125 $23,615 $18,801
1991 $3,171 $4,914 $21,501 $18,198
1990 $2,893 $4,667 $21,586 $17,475
1989 $2,639 - $17,547 -
1988 $2,423 - $17,550 -
1987 $2,138 - $16,176 -
1986 $1,893 - $13,430 -
1985 $1,666 - $9,657 -
1984 $1,515 - $9,312 -
1983 $1,363 - $9,862 -
1982 $1,232 - $10,360 -
1981 $1,125 - $10,956 -
1980 $996 - $12,565 -
1979 $754 - $11,063 -
1978 $786 - $9,167 -
1977 $634 - $7,459 -
1976 - - $6,792 -
1975 - - $6,617 -
1974 - - $5,261 -
1973 - - $4,907 -
1972 - - $3,809 -
1971 - - $3,137 -
1970 - - $2,833 -
1969 - - $2,729 -
1968 - - $2,518 -
1967 - - $2,328 -
1966 - - $2,173 -
1965 - - $2,024 -
1964 - - $1,891 -
1963 - - $1,723 -
1962 - - $1,554 -
1961 - - $1,402 -
1960 - - $1,307 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/dominica/france | CC BY

Dominica's GDP per capita is $10,989, ranking 84/197, compared to $48,986 in France, ranking 27/197. Adjusted for purchasing power (GDP per capita PPP), Dominica ranks 91st at $21,301, while France ranks 30th at $62,557.

Economic indicators

Dominica France
Gross domestic product
$724M
2025
$3.37T
2025
GDP rank
190/197
2025
7/197
2025
GDP growth
3.05%
2024-2025
0.84%
2024-2025
GDP per capita
$10,989
2025
$48,986
2025
GDP per capita rank
84/197
2025
27/197
2025
GDP per capita, PPP
$21,301
2024
$62,557
2024
GDP per capita PPP rank
91/197
2024
30/197
2024
Government debt
$743M
2025
$3.9T
2025
Debt-to-GDP ratio
102.6%
2025
116%
2025
Government debt per person
$11,275
2025
$56,819
2025
Government debt per person rank
54/185
2025
8/185
2025
Average annual personal income after taxes
$6,105
2026
$35,062
2026
Market capitalization of domestic companies n/a
$2.37T
2018
Number of millionaires n/a
2,388,000
2026
Number of billionaires n/a
51
2026
Income share by richest 10% n/a
25%
2023
Income share by poorest 10% n/a
3%
2023
Government expenditure, % of GDP
55.4%
2025
57.5%
2025
Consumer prices inflation
2.53%
2024-2025
0.94%
2024-2025
Unemployment rate
11%
2001
7.7%
2025
Population
65501
68871753

Spending and national debt comparison by year

Dominica
Spending

Debt
France
Spending

Debt
1x
Year % of GDP
Dominica France
Government spending Government debt Government spending Government debt
2025 55.4% 102.6% 57.5% 116%
2024 67.4% 108.2% 57.3% 113.2%
2023 64.8% 101.3% 56.8% 109.6%
2022 69.7% 110% 58.4% 111.4%
2021 67% 116.3% 59.5% 112.8%
2020 66.8% 118.4% 61.7% 114.9%
2019 48.3% 97.8% 55.3% 98.2%
2018 63.4% 85.7% 56.4% 98.5%
2017 54% 84.2% 57.7% 98.8%
2016 48% 76.9% 57.4% 98.1%
2015 32.4% 68.2% 57.6% 97%
2014 32.7% 71.3% 58.4% 96.2%
2013 33.4% 73.9% 58.6% 94.6%
2012 36.2% 73.1% 57.9% 91.7%
2011 35.2% 69.7% 57% 88.7%
2010 39.4% 66.8% 57.7% 86.3%
2009 35.9% 62.5% 58% 84.1%
2008 34.7% 64.4% 54.3% 69.8%
2007 34.1% 71.8% 53.6% 65.5%
2006 29.7% 77.4% 53.7% 65.4%
2005 31% 82% 54.3% 68.2%
2004 30.2% 86.2% 54% 66.9%
2003 30.1% 94.9% 54.4% 65.4%
2002 28.6% 97.9% 53.9% 61.3%
2001 29.6% 98.5% 52.8% 59.3%
2000 38.5% 68.9% 52.6% 59.7%
1999 35.2% 61.8% 53.7% 61.4%
1998 33% 56.3% 54% 62.1%
1997 28.2% 47.7% 55.6% 62%
1996 28.5% 53.7% 56% 60.6%
1995 28.8% 57.4% 56% 57.8%
1994 27.2% 55.9% 55.9% 51.6%
1993 25.2% 53.4% 56.5% 48.2%
1992 27.4% 54% 54% 41.7%
1991 29% 56.9% 52.7% 37.8%
1990 31.5% 54.1% 51.6% 36.8%
1989 - - 48.9% 34%
1988 - - 50.1% 33.3%
1987 - - 50.7% 33.4%
1986 - - 51.3% 31.1%
1985 - - 51.9% 30.6%
1984 - - 51.2% 29%
1983 - - 50.2% 26.6%
1982 - - 49.9% 25.3%
1981 - - 48.5% 22%
1980 - - 46% 20.7%
1979 - - 44.9% 21.1%
1978 - - 44.7% 21.2%
1977 - - 21.4% 15%
1976 - - 21.7% 15.1%
1975 - - 22% 16.1%
1974 - - 19.9% 15.4%
1973 - - 19.7% 15.8%
1972 - - 19.8% 17.7%
1971 - - 20% 20.1%
1970 - - 20.5% 21%
1969 - - 21.5% 14.4%
1968 - - 22.7% 15.8%
1967 - - 21.4% 16.1%
1966 - - 21.4% 15.3%
1965 - - 21.1% 17.6%
1964 - - 21% 19.6%
1963 - - 22.6% 22.2%
1962 - - 21.7% 23.6%
1961 - - 21.9% 26.3%
1960 - - 22.2% 28.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-07-08).

GeoRank.org/economy/dominica/france | CC BY

In 2025, Dominica's government spending was $401M, accounting for 55.4% of its GDP, while France spent $1.93T, or 57.5% of GDP.

Debt-to-GDP ratio is 102.6% in Dominica and 116% in France, ranking 20/185 and 13/185, respectively.

Government deficit by year

Deficit/surplus
Dominica

France
1x
Year Deficit/surplus, % of GDP
Dominica France
2025 -1.35% -5.11%
2024 -6.75% -5.79%
2023 -4.52% -5.44%
2022 -7.18% -4.74%
2021 -8.22% -6.58%
2020 -7.53% -8.93%
2019 -8.72% -2.39%
2018 -17.2% -2.32%
2017 -3.27% -3.36%
2016 11.6% -3.76%
2015 11.4% -3.89%
2014 -5.54% -4.57%
2013 -2.88% -4.94%
2012 -5.41% -5.17%
2011 -4.4% -5.3%
2010 -3.38% -7.16%
2009 -0.31% -7.38%
2008 0.7% -3.5%
2007 1.8% -2.99%
2006 2.93% -2.66%
2005 0.95% -3.5%
2004 -0.67% -3.55%
2003 0.85% -4.09%
2002 -4.07% -3.18%
2001 -6.54% -1.42%
2000 -8.66% -1.32%
1999 -9.18% -1.55%
1998 -5.99% -2.39%
1997 -2.24% -3.71%
1996 -1.59% -3.89%
1995 -2.88% -5.11%
1994 -3.35% -5.46%
1993 -1.41% -6.4%
1992 -2.22% -4.64%
1991 -2.99% -2.89%
1990 -4.66% -2.45%
1989 - -1.9%
1988 - -2.7%
1987 - -2.13%
1986 - -3.3%
1985 - -3.08%
1984 - -2.8%
1983 - -2.58%
1982 - -2.91%
1981 - -2.39%
1980 - -0.27%
1979 - -0.36%
1978 - -1.73%
1977 - 0.9%
1976 - 1.01%
1975 - -0.28%
1974 - 3.05%
1973 - 1.97%
1972 - 1.94%
1971 - -0.13%
1970 - 0.02%
1969 - -0.49%
1968 - -2.54%
1967 - -0.8%
1966 - -0.57%
1965 - -0.07%
1964 - -0.25%
1963 - -2.24%
1962 - -1.53%
1961 - -1.36%
1960 - -1.95%
1959 - 0.56%
1958 - 0.08%
1957 - -1.99%
1956 - -2.62%
1955 - -1.04%
1954 - -0.78%
1953 - -4.79%
1952 - -6.82%
1951 - -4.42%
1950 - -5.56%
1949 - -7.31%
1948 - -9.11%
1947 - -7.6%
1946 - -8.1%
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 - -6.89%
1936 - -4.76%
1935 - -4.22%
1934 - -4.31%
1933 - -4.96%
1932 - -1.86%
1931 - -2.06%
1930 - -1.65%
1929 - 1.48%
1928 - 1.13%
1927 - -0.04%
1926 - -0.02%
1925 - -0.87%
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - 0.05%
1912 - 0.23%
1911 - 0.31%
1910 - -0.12%
1909 - -0.11%
1908 - -0.15%
1907 - 0.23%
1906 - -0.04%
1905 - 0.18%
1904 - 0.3%
1903 - 0.21%
1902 - -0.37%
1901 - -0.39%
1900 - 0.21%
1899 - 0.21%
1898 - 0.29%
1897 - 0.01%
1896 - -0.03%
1895 - -0.07%
1894 - -0.08%
1893 - -0.3%
1892 - -0.03%
1891 - 0.36%
1890 - 0.31%
1889 - 0.09%
1888 - 0.18%
1887 - -0.07%
1886 - -0.5%
1885 - -0.59%
1884 - -0.35%
1883 - -0.23%
1882 - -0.15%
1881 - 0.64%
1880 - 0.65%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/dominica/france | CC BY

In 2025, Dominica's government deficit, the difference between spending and revenue, was $9.76M, equivalent to 1.35% of GDP. This compares to France's deficit of $172B, or 5.11% of GDP.

Over the past 36 years, Dominica recorded a fiscal deficit in 29 of those years, while France ran a deficit in 36 years. On average, Dominica posted an annual deficit equal to 3.14% of GDP, compared to deficit of 4.21% of GDP for France.

Inflation comparison by year

Inflation
Dominica

France
1x
Year Consumer prices inflation
Dominica France
2025 2.53% 0.94%
2024 2.74% 2%
2023 5.09% 4.88%
2022 2.88% 5.22%
2021 2.23% 1.64%
2020 1.22% 0.48%
2019 1.5% 1.11%
2018 0.99% 1.85%
2017 0.3% 1.03%
2016 0.14% 0.18%
2015 -0.84% 0.04%
2014 0.8% 0.51%
2013 -0.05% 0.86%
2012 1.36% 1.95%
2011 1.13% 2.11%
2010 3% 1.53%
2009 0.006% 0.09%
2008 6.36% 2.81%
2007 3.63% 1.49%
2006 2.2% 1.68%
2005 1.68% 1.75%
2004 2.39% 2.14%
2003 1.45% 2.1%
2002 0.17% 1.92%
2001 1.3% 1.63%
2000 0.86% 1.68%
1999 1.18% 0.54%
1998 1% 0.65%
1997 2.44% 1.2%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/dominica/france | CC BY

Over the past 29 years, Dominica has recorded an average annual inflation rate of 1.71%, compared with 1.59% in France. In 2025, inflation was 2.53% in Dominica and 0.94% in France.

Top exports between countries

Dominica
Export category Export value
Raw agricultural goods $1.78M
Processed food, beverages & tobacco $84K
Machinery & equipment $79K
Raw materials & minerals $47K
Chemicals & pharma $35K
Textiles & consumer goods $18K
Animal & marine products $12K
Metals $3K
Wood & paper products $2K
France
Export category Export value
Processed food, beverages & tobacco $913K
Machinery & equipment $800K
Animal & marine products $290K
Metals $249K
Textiles & consumer goods $248K
Raw materials & minerals $69K
Raw agricultural goods $54K
Chemicals & pharma $49K
Miscellaneous $41K
Wood & paper products $36K

Balance of trade

Dominica France
Current account balance
-$275M
2025
-$9.24B
2025
Current account balance ranking
94/190
2025
173/190
2025
Current account balance, % of GDP
-38%
2025
-0.27%
2025
Goods imports
$275M
2025
$770B
2025
Goods exports
$29.8M
2025
$704B
2025
Service imports
$208M
2025
$370B
2025
Service exports
$181M
2025
$429B
2025
Imports of goods and services, % of GDP n/a
33.8%
2025
Exports of goods and services, % of GDP
8.5%
2026
33.4%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Dominica France
Economic freedom 56.1 64.6
Economic freedom ranking 124/197 72/197
Property rights 65.8 91.2
Government integrity 61.2 73.4
Judicial effectiveness 77.3 84.7
Tax burden 76.1 54.6
Government spending 0 0.9
Fiscal health 45.6 34.8
Business freedom 66.2 78.4
Labor freedom 49.8 59.1
Monetary freedom 77.7 73.2
Trade freedom 53.2 79.4
Investment freedom 60 75
Financial freedom 40 70

Economic freedom comparison by year

Dominica
France
1x
Year Economic freedom index
Dominica France
2026 56.1 64.6
2025 55.3 64.4
2024 54 62.5
2023 59.7 63.6
2022 54.4 65.9
2021 53 65.7
2020 60.8 66
2019 63.6 63.8
2018 64.5 63.9
2017 63.7 63.3
2016 67 62.3
2015 66.1 62.5
2014 65.2 63.5
2013 63.9 64.1
2012 61.6 63.2
2011 63.3 64.6
2010 63.2 64.2
2009 62.6 63.3
2008 - 64.7
2007 - 62.1
2006 - 61.1
2005 - 60.5
2004 - 60.9
2003 - 59.2
2002 - 58
2001 - 58
2000 - 57.4
1999 - 59.1
1998 - 58.9
1997 - 59.1
1996 - 63.7
1995 - 64.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/dominica/france | CC BY

The Economic Freedom Index for Dominica is 56.1, ranking 124/197, compared to 64.6 for France, ranking 72/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Dominica France
Services, % of GDP
57.2%
2025
70.9%
2025
Industry, % of GDP
14.1%
2025
16.8%
2025
Agriculture, forestry, and fishing, % of GDP
12.1%
2025
1.4%
2025
GNI, Atlas method
$704M
2025
$3.34T
2025
GNI per capita, PPP
$22,130
2025
$65,110
2025
Total reserves including gold
$165M
2025
$428B
2025
Total reserves ranking
172/177
2025
12/177
2025
Net foreign direct investment
-$49.5M
2025
$7.24B
2025
Net inflows of foreign direct investment
$60M
2024
$52.1B
2024
Net outflows of foreign direct investment
-$401K
2024
$41.7B
2024
Servicing debt to the IMF, % of GNI
9.81%
2024
n/a
Poverty at national poverty lines
29%
2020
15.6%
2021
Gross capital formation, % of GDP n/a
21.9%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/dominica/france | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2023–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.