Skip to content

Economy of Dominica vs Georgia compared: GDP & Debt

Updated on by Georank

Dominica has a GDP of $724M compared to $38.1B for Georgia, ranking 190/197 and 106/197 by economy size, respectively.

Dominica has $743M in government debt (102.6% of GDP), compared to $13.1B (34.3% of GDP) in Georgia.

Dominica vs Georgia GDP by year

Dominica
Georgia
1x
Year GDP, current $
Dominica Georgia
2025 $723,859,259 $38,143,612,855
2024 $688,881,481 $34,189,423,333
2023 $659,311,111 $30,777,833,601
2022 $623,062,963 $24,984,568,960
2021 $562,911,111 $18,853,115,589
2020 $528,944,444 $16,010,869,216
2019 $644,259,259 $17,638,337,117
2018 $628,244,444 $17,902,544,881
2017 $563,355,556 $16,473,125,375
2016 $612,711,111 $15,444,548,902
2015 $583,177,778 $15,223,796,149
2014 $572,255,556 $17,966,015,109
2013 $545,325,926 $17,517,660,144
2012 $520,355,556 $16,894,392,033
2011 $532,081,481 $15,475,290,469
2010 $519,859,259 $12,426,907,967
2009 $515,618,519 $10,766,920,066
2008 $480,003,704 $12,795,145,131
2007 $444,685,185 $10,172,931,089
2006 $416,674,074 $7,745,250,734
2005 $391,455,556 $6,410,912,050
2004 $396,711,111 $5,125,365,192
2003 $373,318,519 $3,991,377,904
2002 $375,200,000 $3,395,766,678
2001 $377,462,963 $3,219,462,262
2000 $333,470,370 $3,057,475,335
1999 $331,759,259 $2,800,025,883
1998 $322,411,111 $3,613,497,317
1997 $302,988,889 $3,510,520,231
1996 $292,285,185 $3,094,936,177
1995 $274,522,222 $2,693,732,612
1994 $264,374,074 $2,513,867,645
1993 $245,525,926 $2,701,181,331
1992 $234,059,259 $3,690,328,964
1991 $219,762,963 $6,324,503,311
1990 $201,429,630 $7,735,927,264
1989 $185,137,243 $8,902,632,715
1988 $171,106,184 $8,833,588,173
1987 $151,868,754 $7,321,981,334
1986 $135,161,959 -
1985 $119,491,933 -
1984 $109,157,071 -
1983 $98,665,191 -
1982 $89,527,577 -
1981 $82,107,391 -
1980 $72,804,653 -
1979 $55,017,759 -
1978 $57,130,216 -
1977 $45,872,947 -

Data sources: World Bank | Economy & Growth (1977–2025, retrieved 2026-07-08).

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

GDP per capita in Dominica vs Georgia by year

Dominica
GDP per capita

GDP per capita, PPP
Georgia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominica Georgia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,989 - $9,692 -
2024 $10,405 $21,301 $8,968 $28,285
2023 $9,913 $20,286 $8,284 $25,072
2022 $9,324 $18,802 $6,730 $22,461
2021 $8,376 $15,809 $5,084 $18,916
2020 $7,828 $14,244 $4,301 $16,791
2019 $9,491 $16,021 $4,741 $16,770
2018 $9,215 $15,070 $4,804 $15,022
2017 $8,225 $12,696 $4,419 $13,719
2016 $8,803 $12,945 $4,143 $13,065
2015 $8,283 $12,093 $4,087 $12,270
2014 $8,132 $12,083 $4,830 $11,771
2013 $7,822 $11,286 $4,712 $10,797
2012 $7,529 $10,921 $4,531 $10,060
2011 $7,705 $11,123 $4,120 $8,564
2010 $7,550 $10,924 $3,282 $7,712
2009 $7,487 $10,804 $2,823 $7,119
2008 $6,971 $10,862 $3,325 $7,279
2007 $6,459 $9,949 $2,635 $6,951
2006 $6,056 $9,200 $1,996 $5,980
2005 $5,695 $8,557 $1,643 $5,272
2004 $5,779 $8,232 $1,305 $4,635
2003 $5,447 $7,714 $1,010 $4,240
2002 $5,488 $7,167 $854 $3,719
2001 $5,528 $7,291 $802 $3,441
2000 $4,867 $7,111 $750 $3,161
1999 $4,817 $6,759 $674 $2,977
1998 $4,664 $6,617 $852 $2,795
1997 $4,372 $6,290 $807 $2,616
1996 $4,211 $6,041 $689 $2,253
1995 $3,952 $5,749 $578 $1,919
1994 $3,805 $5,465 $520 $1,764
1993 $3,536 $5,352 $550 $1,898
1992 $3,376 $5,125 $757 $2,643
1991 $3,171 $4,914 $1,308 $4,727
1990 $2,893 $4,667 $1,611 $5,836
1989 $2,639 - $1,853 -
1988 $2,423 - $1,844 -
1987 $2,138 - $1,544 -
1986 $1,893 - - -
1985 $1,666 - - -
1984 $1,515 - - -
1983 $1,363 - - -
1982 $1,232 - - -
1981 $1,125 - - -
1980 $996 - - -
1979 $754 - - -
1978 $786 - - -
1977 $634 - - -

Data sources: World Bank | Economy & Growth (1977–2025, retrieved 2026-07-08).

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

Dominica's GDP per capita is $10,989, ranking 84/197, compared to $9,692 in Georgia, ranking 89/197. Adjusted for purchasing power (GDP per capita PPP), Dominica ranks 91st at $21,301, while Georgia ranks 74th at $28,285.

Economic indicators

Dominica Georgia
Gross domestic product
$724M
2025
$38.1B
2025
GDP rank
190/197
2025
106/197
2025
GDP growth
3.05%
2024-2025
7.46%
2024-2025
GDP per capita
$10,989
2025
$9,692
2025
GDP per capita rank
84/197
2025
89/197
2025
GDP per capita, PPP
$21,301
2024
$28,285
2024
GDP per capita PPP rank
91/197
2024
74/197
2024
Government debt
$743M
2025
$13.1B
2025
Debt-to-GDP ratio
102.6%
2025
34.3%
2025
Government debt per person
$11,275
2025
$3,323
2025
Government debt per person rank
54/185
2025
99/185
2025
Average annual personal income after taxes
$6,105
2026
$7,158
2026
Number of billionaires n/a
2
2026
Income share by richest 10% n/a
26.2%
2024
Income share by poorest 10% n/a
2.9%
2024
Government expenditure, % of GDP
55.4%
2025
28.4%
2025
Consumer prices inflation
2.53%
2024-2025
3.87%
2024-2025
Central bank interest rate n/a
8.25%
2026
Unemployment rate
11%
2001
8.01%
2024
Population
65501
3934050

Spending and national debt comparison by year

Dominica
Spending

Debt
Georgia
Spending

Debt
1x
Year % of GDP
Dominica Georgia
Government spending Government debt Government spending Government debt
2025 55.4% 102.6% 28.4% 34.3%
2024 67.4% 108.2% 29.9% 35.7%
2023 64.8% 101.3% 29.7% 38.9%
2022 69.7% 110% 28.5% 39.2%
2021 67% 116.3% 31.2% 49.1%
2020 66.8% 118.4% 34.1% 59.6%
2019 48.3% 97.8% 28.7% 40%
2018 63.4% 85.7% 26.7% 38.2%
2017 54% 84.2% 27.2% 38.9%
2016 48% 76.9% 27.8% 39.5%
2015 32.4% 68.2% 27% 36%
2014 32.7% 71.3% 27.5% 30.3%
2013 33.4% 73.9% 26.6% 28.9%
2012 36.2% 73.1% 27.7% 28.1%
2011 35.2% 69.7% 27.1% 27.7%
2010 39.4% 66.8% 31% 31.4%
2009 35.9% 62.5% 34.8% 33.6%
2008 34.7% 64.4% 31.8% 26.3%
2007 34.1% 71.8% 27.7% 22.5%
2006 29.7% 77.4% 22.7% 28.3%
2005 31% 82% 21.6% 35.3%
2004 30.2% 86.2% 18.9% 44.3%
2003 30.1% 94.9% 16.1% 54.6%
2002 28.6% 97.9% 16% 50.3%
2001 29.6% 98.5% 16.8% 53%
2000 38.5% 68.9% 16.9% 58.5%
1999 35.2% 61.8% 19.7% 76.5%
1998 33% 56.3% 18.7% 80%
1997 28.2% 47.7% 21.4% 48.2%
1996 28.5% 53.7% 18.4% 38.9%
1995 28.8% 57.4% 15.7% 19.8%
1994 27.2% 55.9% - -
1993 25.2% 53.4% - -
1992 27.4% 54% - -
1991 29% 56.9% - -
1990 31.5% 54.1% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1995–1999, retrieved 2026-07-08).

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

In 2025, Dominica's government spending was $401M, accounting for 55.4% of its GDP, while Georgia spent $10.8B, or 28.4% of GDP.

Debt-to-GDP ratio is 102.6% in Dominica and 34.3% in Georgia, ranking 20/185 and 147/185, respectively.

Government deficit by year

Deficit/surplus
Dominica

Georgia
1x
Year Deficit/surplus, % of GDP
Dominica Georgia
2025 -1.35% -1.46%
2024 -6.75% -2.27%
2023 -4.52% -2.33%
2022 -7.18% -2.2%
2021 -8.22% -5.97%
2020 -7.53% -9.16%
2019 -8.72% -1.82%
2018 -17.2% -0.8%
2017 -3.27% -0.45%
2016 11.6% -1.49%
2015 11.4% -1.16%
2014 -5.54% -1.78%
2013 -2.88% -1.25%
2012 -5.41% -0.71%
2011 -4.4% -0.81%
2010 -3.38% -4.48%
2009 -0.31% -6.36%
2008 0.7% -1.92%
2007 1.8% 0.81%
2006 2.93% 3.28%
2005 0.95% 2.14%
2004 -0.67% 3.59%
2003 0.85% -0.55%
2002 -4.07% -0.19%
2001 -6.54% -0.71%
2000 -8.66% -1.92%
1999 -9.18% -4.7%
1998 -5.99% -3.96%
1997 -2.24% -6.63%
1996 -1.59% -5.91%
1995 -2.88% -4.89%
1994 -3.35% -
1993 -1.41% -
1992 -2.22% -
1991 -2.99% -
1990 -4.66% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/dominica/georgia | 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 Georgia's deficit of $555M, or 1.46% of GDP.

Over the past 31 years, Dominica recorded a fiscal deficit in 24 of those years, while Georgia ran a deficit in 27 years. On average, Dominica posted an annual deficit equal to 3.17% of GDP, compared to deficit of 2.13% of GDP for Georgia.

Inflation comparison by year

Inflation
Dominica

Georgia
1x
Year Consumer prices inflation
Dominica Georgia
2025 2.53% 3.87%
2024 2.74% 1.11%
2023 5.09% 2.49%
2022 2.88% 11.9%
2021 2.23% 9.57%
2020 1.22% 5.2%
2019 1.5% 4.85%
2018 0.99% 2.62%
2017 0.3% 6.04%
2016 0.14% 2.13%
2015 -0.84% 4%
2014 0.8% 3.07%
2013 -0.05% -0.51%
2012 1.36% -0.94%
2011 1.13% 8.54%
2010 3% 7.11%
2009 0.006% 1.73%
2008 6.36% 10%
2007 3.63% 9.24%
2006 2.2% 9.16%
2005 1.68% 8.25%
2004 2.39% 5.66%
2003 1.45% 0.84%
2002 0.17% 5.59%
2001 1.3% 4.65%
2000 0.86% 4.06%
1999 1.18% 19.2%
1998 1% 3.57%
1997 2.44% 7.09%

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

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

Over the past 29 years, Dominica has recorded an average annual inflation rate of 1.71%, compared with 5.52% in Georgia. In 2025, inflation was 2.53% in Dominica and 3.87% in Georgia.

Top exports between countries

Dominica
Export category Export value
Georgia
Export category Export value
Transport & tourism services $229K
Miscellaneous $2K

Balance of trade

Dominica Georgia
Current account balance
-$275M
2025
-$1.01B
2025
Current account balance ranking
94/190
2025
116/190
2025
Current account balance, % of GDP
-38%
2025
-2.65%
2025
Goods imports
$275M
2025
$16.5B
2025
Goods exports
$29.8M
2025
$9.63B
2025
Service imports
$208M
2025
$3.85B
2025
Service exports
$181M
2025
$8.49B
2025
Imports of goods and services, % of GDP n/a
53.2%
2025
Exports of goods and services, % of GDP
8.5%
2026
47.4%
2025

Economic freedom indices

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

Dominica Georgia
Economic freedom 56.1 69.6
Economic freedom ranking 124/197 41/197
Property rights 65.8 53
Government integrity 61.2 59.9
Judicial effectiveness 77.3 53.8
Tax burden 76.1 87.8
Government spending 0 73.9
Fiscal health 45.6 89.1
Business freedom 66.2 76.6
Labor freedom 49.8 64
Monetary freedom 77.7 70.2
Trade freedom 53.2 86.8
Investment freedom 60 60
Financial freedom 40 60

Economic freedom comparison by year

Dominica
Georgia
1x
Year Economic freedom index
Dominica Georgia
2026 56.1 69.6
2025 55.3 69
2024 54 68.4
2023 59.7 68.7
2022 54.4 71.8
2021 53 77.2
2020 60.8 77.1
2019 63.6 75.9
2018 64.5 76.2
2017 63.7 76
2016 67 72.6
2015 66.1 73
2014 65.2 72.6
2013 63.9 72.2
2012 61.6 69.4
2011 63.3 70.4
2010 63.2 70.4
2009 62.6 69.8
2008 - 69.2
2007 - 69.3
2006 - 64.5
2005 - 57.1
2004 - 58.9
2003 - 58.6
2002 - 56.7
2001 - 58.3
2000 - 54.3
1999 - 52.5
1998 - 47.9
1997 - 46.5
1996 - 44.1

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Dominica is 56.1, ranking 124/197, compared to 69.6 for Georgia, ranking 41/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Dominica Georgia
Services, % of GDP
57.2%
2025
63.9%
2025
Industry, % of GDP
14.1%
2025
18.6%
2025
Agriculture, forestry, and fishing, % of GDP
12.1%
2025
5.18%
2025
GNI, Atlas method
$704M
2025
$35.4B
2025
GNI per capita, PPP
$22,130
2025
$27,570
2025
Total reserves including gold
$165M
2025
$6.16B
2025
Total reserves ranking
172/177
2025
94/177
2025
Net foreign direct investment
-$49.5M
2025
-$1.39B
2025
Net inflows of foreign direct investment
$60M
2024
$1.6B
2024
Net outflows of foreign direct investment
-$401K
2024
$462M
2024
Servicing debt to the IMF, % of GNI
9.81%
2024
15.2%
2024
Poverty at national poverty lines
29%
2020
9.4%
2024
Gross capital formation, % of GDP n/a
21.3%
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/georgia | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1977–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1995–1999, retrieved 2026-07-08)
  6. TradeMap (2022–2024, 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)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.