Dominica vs the Gambia: Economic Indicators Comparison
The Gambia with a GDP of $1.6B ranked the 178th largest economy in the world, while Dominica ranked 189th with $550.9M. By GDP 5-years average growth and GDP per capita, the Gambia and Dominica ranked 80th vs 177th and 183rd vs 87th, respectively.
Gross Domestic Product & Income
| Stat |  Dominica |  Gambia |
|---|---|---|
| GDP | $550.9M | $1.6B |
| GDP growth, 1 year | -12% | 6.6% |
| GDP growth, 5-years average | -2.8% | 3.3% |
| Population | 74k | 2.1M |
| GDP per capita | $7.7k | $716 |
| GDP per capita growth | 2.03% | 3.45% |
| Purchasing Power Parity conversion factor | 1.87 | 13.2 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.69 | 0.27 |
| GDP per capita, PPP adjusted | $9.9k | $2.8k |
| GNI, Atlas method | $508.1M | $1.6B |
| GNI per capita | $7.1k | $710 |
| GNI, PPP adjusted | $735.4M | $5.8B |
| GNI per capita, PPP adjusted | $10k | $2.6k |
Financial system and Human development
| Stat | Dominica | Gambia |
|---|---|---|
| Income Tax Rate | 35% | 35% |
| Corporate Tax Rate | 30% | 32% |
| Inflation, consumer prices | 1.4% | 6.5% |
| Inflation, GDP deflator | 3.6% | 5.2% |
| Unemployment | 0% | 8.9% |
| Economic Freedom Index | 60.8 | 56.3 |
| Personal Freedom Index | 6.1 | 5.86 |
| Human Freedom Index | 6.1 | 6.52 |
| Property Rights Index | 59.8 | 43.9 |
| Judical Effectiveness Index | 62.6 | 43.4 |
| Business Freedom Index | 70.4 | 53.5 |
| Fiscal Health Index | 86.2 | 25.3 |
| Labor Freedom Index | 60.7 | 67.4 |
| Investment Freedom Index | 70 | 65 |
| Financial Freedom Index | 30 | 50 |
| Trade Freedom Index | 68.4 | 64.6 |
| Monetary Freedom Index | 83.5 | 63.3 |
| Government Spending Index | 16 | 85.6 |
| Tax Burden Index | 70.5 | 74.6 |
| Government Integrity Index | 51.2 | 39.2 |
| Corruption Perceptions Index | 57 | 37 |
| Life expectancy at birth, years | 76.6 | 61.4 |
| Suicide mortality rate, per 100,000 people | 2 | 5.1 |
| Mortality caused by road traffic injury, per 100,000 people | 10.9 | 29.7 |
| Intentional homicides, per 100,000 people | 25.7 | 9.1 |
| International tourism, number of arrivals | 63k | 552k |
Government debt & reserves
| Stat | Dominica | Gambia |
|---|---|---|
| Central government debt, % of GDP | 83.1% | 83.2% |
| External debt stocks, % of GNI | 55.3% | 42.7% |
| External debt stocks | $279.2M | $681.4M |
| Short-term debt, % of total reserves | 6.9% | 9.4% |
| Total debt service, % of exports and primary income | 16.5% | 16.8% |
| Adjusted net savings including particulate emission damage, % of GNI | N/A | -12.7% |
| Gross savings, % of GDP | N/A | 8.6% |
| Gross capital formation, % of GDP | N/A | 17% |
| Total reserves including gold | $191.3M | $191.8M |
| Foreign direct investment net inflows | $13.3M | $33M |
Exports, imports and economic structure
| Stat | Dominica | Gambia |
|---|---|---|
| Exports of goods and services, % of GDP | 42.9% | 21.9% |
| Imports of goods and services, % of GDP | 65.1% | 41.5% |
| Current account balance (balance of payments) | -$225.1M | -$78.6M |
| Revenue excluding grants, % of GDP | N/A | 10.1% |
| Grants excluding technical cooperation, BoP | $28.3M | $126M |
| Personal remittances received | $49.2M | $203.6M |
| Industry including construction value added, % of GDP | 15.8% | 15.6% |
| Agriculture, forestry and fishing value added, % of GDP | 11.1% | 19.9% |
| Charges for the use of intellectual property, payments BoP | $662k | N/A |
| Charges for the use of intellectual property, receipts BoP | $119 | N/A |
| Expense, % of GDP | N/A | 10.7% |
| Government Expenditure, % of GDP | 52.9% | 21.9% |
