Dominica vs Italy: Economic Indicators Comparison

Italy with a GDP of $2.1T ranked the 8th largest economy in the world, while Dominica ranked 189th with $550.9M. By GDP 5-years average growth and GDP per capita, Italy and Dominica ranked 154th vs 177th and 29th vs 87th, respectively.

Gross Domestic Product & Income

Stat	Dominica	Italy
GDP	$550.9M	$2.1T
GDP growth, 1 year	-12%	0.9%
GDP growth, 5-years average	-2.8%	0.9%
Population	74k	60.3M
GDP per capita	$7.7k	$34k
GDP per capita growth	2.03%	0.95%
Purchasing Power Parity conversion factor	1.87	0.7
Price level ratio of PPP conversion factor GDP to market exchange rate	0.69	0.82
GDP per capita, PPP adjusted	$9.9k	$40k
GNI, Atlas method	$508.1M	$2T
GNI per capita	$7.1k	$34k
GNI, PPP adjusted	$735.4M	$2.6T
GNI per capita, PPP adjusted	$10k	$42k

Financial system and Human development

Stat	Dominica	Italy
Income Tax Rate	35%	43%
Corporate Tax Rate	30%	27.5%
Inflation, consumer prices	1.4%	1.2%
Inflation, GDP deflator	3.6%	0.9%
Unemployment	0%	10.2%
Economic Freedom Index	60.8	63.8
Personal Freedom Index	6.1	8.79
Human Freedom Index	6.1	8.01
Property Rights Index	59.8	75.4
Judical Effectiveness Index	62.6	51.3
Business Freedom Index	70.4	70.4
Fiscal Health Index	86.2	71.1
Labor Freedom Index	60.7	50.9
Investment Freedom Index	70	80
Financial Freedom Index	30	50
Trade Freedom Index	68.4	86.4
Monetary Freedom Index	83.5	83.2
Government Spending Index	16	28.5
Tax Burden Index	70.5	56
Government Integrity Index	51.2	62.2
Corruption Perceptions Index	57	52
Life expectancy at birth, years	76.6	83.2
Suicide mortality rate, per 100,000 people	2	8.2
Mortality caused by road traffic injury, per 100,000 people	10.9	5.6
Intentional homicides, per 100,000 people	25.7	0.7
International tourism, number of arrivals	63k	61.6M

Government debt & reserves

Stat	Dominica	Italy
Central government debt, % of GDP	83.1%	132.1%
External debt stocks, % of GNI	55.3%	N/A
External debt stocks	$279.2M	N/A
Short-term debt, % of total reserves	6.9%	N/A
Total debt service, % of exports and primary income	16.5%	N/A
Adjusted net savings including particulate emission damage, % of GNI	N/A	6%
Gross savings, % of GDP	N/A	20.8%
Gross capital formation, % of GDP	N/A	18.2%
Total reserves including gold	$191.3M	$152.4B
Foreign direct investment net inflows	$13.3M	$39.6B

Exports, imports and economic structure

Stat	Dominica	Italy
Exports of goods and services, % of GDP	42.9%	31.5%
Imports of goods and services, % of GDP	65.1%	29%
Current account balance (balance of payments)	-$225.1M	$53.8B
Revenue excluding grants, % of GDP	N/A	37.7%
Grants excluding technical cooperation, BoP	$28.3M	N/A
Personal remittances received	$49.2M	$9.9B
Industry including construction value added, % of GDP	15.8%	21.4%
Agriculture, forestry and fishing value added, % of GDP	11.1%	1.9%
Charges for the use of intellectual property, payments BoP	$662k	$5.1B
Charges for the use of intellectual property, receipts BoP	$119	$4.9B
Expense, % of GDP	N/A	41.3%
Government Expenditure, % of GDP	52.9%	48.8%