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Economy of Dominica vs Morocco compared: GDP & Debt

Updated on by Georank team

Dominica has a GDP of $689M compared to $161B for Morocco, ranking 190/197 and 58/197 by economy size, respectively.

Dominica has $713M in government debt (103.5% of GDP), compared to $109B (67.7% of GDP) in Morocco.

Dominica vs Morocco GDP by year

Dominica
Morocco
1x
Year GDP, current $
Dominica Morocco
2024 $688,881,481 $160,610,994,055
2023 $659,311,111 $146,036,093,667
2022 $623,062,963 $131,245,312,804
2021 $562,911,111 $142,022,058,447
2020 $528,944,444 $121,353,645,057
2019 $644,259,259 $128,920,266,409
2018 $628,244,444 $127,341,147,582
2017 $563,355,556 $118,540,573,368
2016 $612,711,111 $111,572,947,005
2015 $583,177,778 $110,413,823,842
2014 $572,255,556 $119,130,841,412
2013 $545,325,926 $115,739,287,305
2012 $520,355,556 $106,937,392,311
2011 $532,081,481 $110,080,631,332
2010 $519,859,259 $100,865,329,473
2009 $515,618,519 $101,154,952,241
2008 $480,003,704 $101,822,906,949
2007 $444,685,185 $86,947,913,287
2006 $416,674,074 $75,883,823,301
2005 $391,455,556 $68,852,658,069
2004 $396,711,111 $66,114,145,451
2003 $373,318,519 $58,029,363,354
2002 $375,200,000 $47,077,192,188
2001 $377,462,963 $43,831,480,208
2000 $333,470,370 $43,017,455,402
1999 $331,759,259 $46,266,428,648
1998 $322,411,111 $46,497,608,725
1997 $302,988,889 $39,147,844,526
1996 $292,285,185 $43,161,571,528
1995 $274,522,222 $39,030,285,468
1994 $264,374,074 $35,604,137,423
1993 $245,525,926 $31,655,473,664
1992 $234,059,259 $33,711,069,431
1991 $219,762,963 $32,285,573,574
1990 $201,429,630 $30,179,954,775
1989 $185,137,243 $26,314,313,191
1988 $171,106,184 $25,705,296,184
1987 $151,868,754 $21,765,195,948
1986 $135,161,959 $19,462,085,540
1985 $119,491,933 $14,991,283,216
1984 $109,157,071 $14,824,667,954
1983 $98,665,191 $16,251,408,128
1982 $89,527,577 $17,692,276,734
1981 $82,107,391 $17,788,185,479
1980 $72,804,653 $21,728,516,153
1979 $55,017,759 $15,911,994,817
1978 $57,130,216 $13,236,946,234
1977 $45,872,947 $11,049,783,872
1976 - $9,584,297,284
1975 - $8,984,853,005
1974 - $7,675,466,449
1973 - $6,242,145,880
1972 - $5,074,117,545
1971 - $4,356,669,034
1970 - $3,956,336,244
1969 - $3,651,622,669
1968 - $3,271,422,333
1967 - $3,046,345,314
1966 - $2,876,401,297
1965 - $2,948,331,090
1964 - $2,798,345,299
1963 - $2,657,252,578
1962 - $2,379,611,125
1961 - $2,025,693,540
1960 - $2,037,154,742

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Dominica vs Morocco by year

Dominica
GDP per capita

GDP per capita, PPP
Morocco
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominica Morocco
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $10,405 $21,301 $4,218 $10,415
2023 $9,913 $20,286 $3,872 $9,895
2022 $9,324 $18,802 $3,516 $9,310
2021 $8,376 $15,809 $3,843 $8,623
2020 $7,828 $14,244 $3,317 $7,705
2019 $9,491 $16,021 $3,560 $8,046
2018 $9,215 $15,070 $3,553 $7,801
2017 $8,225 $12,696 $3,344 $8,115
2016 $8,803 $12,945 $3,186 $7,853
2015 $8,283 $12,093 $3,190 $7,799
2014 $8,132 $12,083 $3,483 $7,237
2013 $7,822 $11,286 $3,425 $7,542
2012 $7,529 $10,921 $3,206 $7,308
2011 $7,705 $11,123 $3,345 $7,274
2010 $7,550 $10,924 $3,107 $6,849
2009 $7,487 $10,804 $3,158 $6,629
2008 $6,971 $10,862 $3,222 $6,437
2007 $6,459 $9,949 $2,788 $6,058
2006 $6,056 $9,200 $2,466 $5,781
2005 $5,695 $8,557 $2,268 $5,275
2004 $5,779 $8,232 $2,207 $5,025
2003 $5,447 $7,714 $1,962 $4,741
2002 $5,488 $7,167 $1,612 $4,436
2001 $5,528 $7,291 $1,521 $4,269
2000 $4,867 $7,111 $1,513 $3,930
1999 $4,817 $6,759 $1,651 $3,801
1998 $4,664 $6,617 $1,683 $3,740
1997 $4,372 $6,290 $1,439 $3,502
1996 $4,211 $6,041 $1,610 $3,551
1995 $3,952 $5,749 $1,478 $3,152
1994 $3,805 $5,465 $1,369 $3,315
1993 $3,536 $5,352 $1,236 $2,979
1992 $3,376 $5,125 $1,337 $2,979
1991 $3,171 $4,914 $1,302 $3,025
1990 $2,893 $4,667 $1,238 $2,777
1989 $2,639 - $1,099 -
1988 $2,423 - $1,094 -
1987 $2,138 - $944 -
1986 $1,893 - $861 -
1985 $1,666 - $678 -
1984 $1,515 - $687 -
1983 $1,363 - $772 -
1982 $1,232 - $862 -
1981 $1,125 - $890 -
1980 $996 - $1,117 -
1979 $754 - $839 -
1978 $786 - $716 -
1977 $634 - $613 -
1976 - - $545 -
1975 - - $524 -
1974 - - $459 -
1973 - - $382 -
1972 - - $319 -
1971 - - $280.6 -
1970 - - $261.5 -
1969 - - $247.8 -
1968 - - $228 -
1967 - - $218.1 -
1966 - - $211.5 -
1965 - - $222.7 -
1964 - - $216.9 -
1963 - - $211.3 -
1962 - - $194.2 -
1961 - - $169.8 -
1960 - - $175.2 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

Dominica's GDP per capita is $10,405, ranking 84/197, compared to $4,218 in Morocco, ranking 127/197. Adjusted for purchasing power (GDP per capita PPP), Dominica ranks 91st at $21,301, while Morocco ranks 132nd at $10,415.

Economic indicators

Dominica Morocco
Gross domestic product
$689M
2024
$161B
2024
GDP rank
190/197
2024
58/197
2024
GDP growth
2.05%
2023-2024
3.79%
2023-2024
GDP per capita
$10,405
2024
$4,218
2024
GDP per capita rank
84/197
2024
127/197
2024
GDP per capita, PPP
$21,301
2024
$10,415
2024
GDP per capita PPP rank
91/197
2024
132/197
2024
Government debt
$713M
2024
$109B
2024
Debt-to-GDP ratio
103.5%
2024
67.7%
2024
Government debt per person
$10,765
2024
$2,857
2024
Government debt per person rank
55/185
2024
104/185
2024
Average annual personal income after taxes
$6,045
2026
$5,678
2026
Market capitalization of domestic companies n/a
$74.5B
2024
Number of billionaires n/a
3
2025
Income share by richest 10% n/a
31.9%
2013
Income share by poorest 10% n/a
2.7%
2013
Government expenditure, % of GDP
60.9%
2024
33%
2024
Consumer prices inflation
2.57%
2023-2024
0.99%
2023-2024
Central bank interest rate n/a
2.25%
2025
Unemployment rate
11%
2001
11.8%
2022
Population
65539
38871720

Spending and national debt comparison by year

Dominica
Spending

Debt
Morocco
Spending

Debt
1x
Year % of GDP
Dominica Morocco
Government spending Government debt Government spending Government debt
2024 60.9% 103.5% 33% 67.7%
2023 66.8% 103.2% 32% 68.7%
2022 72.7% 108.3% 33.7% 71.4%
2021 70.1% 113.6% 31% 69.4%
2020 70.1% 118.2% 34.1% 72.2%
2019 44% 89.1% 27.6% 60.3%
2018 66.7% 90% 27.8% 60.5%
2017 55.7% 86.7% 27.9% 60.3%
2016 45.8% 72.9% 28.6% 60.1%
2015 33.5% 71.1% 28.5% 58.4%
2014 33.3% 73.5% 30.7% 58.6%
2013 34.2% 75.6% 30.4% 57.1%
2012 36.6% 74% 32.5% 52.3%
2011 34.7% 68.6% 31.2% 48.6%
2010 39.7% 67.3% 28.7% 45.3%
2009 36.1% 62.8% 28.1% 42.6%
2008 35.9% 66.5% 28.3% 42%
2007 35.6% 74.9% 26.4% 47.1%
2006 30.9% 80.4% 26% 50.6%
2005 32.1% 84.9% 28.6% 54.8%
2004 30.1% 85.8% 24.5% 54.4%
2003 31.2% 98.2% 24.1% 56.9%
2002 29% 99.4% 25.8% 59.4%
2001 29.3% 97.5% 23.7% 60.4%
2000 38.9% 69.6% 22.8% 64.9%
1999 35.3% 62% 18.4% 63.4%
1998 33.5% 57.1% 18.7% 64.5%
1997 29.1% 49.3% 18.6% 68%
1996 29% 54.7% 17.6% 65.3%
1995 29.7% 59.3% 21.3% 72.2%
1994 27.7% 57% 21.7% 69.3%
1993 26.1% 55.4% 23.1% 74.7%
1992 28% 55.3% 22.3% 67%
1991 29.9% 58.7% 20.8% 59.1%
1990 32.9% 56.6% 22.6% 70.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Dominica's government spending was $420M, accounting for 60.9% of its GDP, while Morocco spent $53.1B, or 33% of GDP.

Debt-to-GDP ratio is 103.5% in Dominica and 67.7% in Morocco, ranking 20/185 and 60/185, respectively.

Government deficit by year

Deficit/surplus
Dominica

Morocco
1x
Year Deficit/surplus, % of GDP
Dominica Morocco
2024 -2.28% -3.92%
2023 -4.66% -4.41%
2022 -7.49% -5.37%
2021 -8.61% -5.92%
2020 -7.91% -7.15%
2019 -7.95% -3.8%
2018 -18.1% -3.52%
2017 -3.37% -3.3%
2016 11% -4.49%
2015 11.8% -4.59%
2014 -5.65% -4.78%
2013 -2.95% -4.7%
2012 -5.48% -6.63%
2011 -4.34% -6.08%
2010 -3.41% -3.93%
2009 -0.31% -1.63%
2008 0.72% 0.63%
2007 1.88% -0.12%
2006 3.04% -1.8%
2005 0.98% -5.46%
2004 -0.67% -3.31%
2003 0.88% -3.74%
2002 -4.13% -4.37%
2001 -6.48% -3.79%
2000 -8.75% -1.97%
1999 -9.2% 3.21%
1998 -6.08% 1.47%
1997 -2.31% 1.5%
1996 -1.62% 0.87%
1995 -2.97% -2.54%
1994 -3.42% -2.51%
1993 -1.46% -2%
1992 -2.28% -1.84%
1991 -3.08% -0.9%
1990 -4.87% -1.32%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

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

In 2024, Dominica's government deficit, the difference between spending and revenue, was $15.7M, equivalent to 2.28% of GDP. This compares to Morocco's deficit of $6.3B, or 3.92% of GDP.

Over the past 35 years, Dominica recorded a fiscal deficit in 28 of those years, while Morocco ran a deficit in 30 years. On average, Dominica posted an annual deficit equal to 3.13% of GDP, compared to deficit of 2.92% of GDP for Morocco.

Inflation comparison by year

Inflation
Dominica

Morocco
1x
Year Consumer prices inflation
Dominica Morocco
2024 2.57% 0.99%
2023 5.09% 6.09%
2022 2.88% 6.66%
2021 2.23% 1.4%
2020 1.22% 0.71%
2019 1.5% 0.3%
2018 0.99% 1.8%
2017 0.3% 0.75%
2016 0.14% 1.64%
2015 -0.84% 1.56%
2014 0.8% 0.44%
2013 -0.05% 1.88%
2012 1.36% 1.29%
2011 1.13% 0.91%
2010 3% 0.99%
2009 0.006% 0.97%
2008 6.36% 3.71%
2007 3.63% 2.04%
2006 2.2% 3.28%
2005 1.68% 0.98%
2004 2.39% 1.49%
2003 1.45% 1.17%
2002 0.17% 2.8%
2001 1.3% 0.62%
2000 0.86% 1.89%
1999 1.18% 0.68%
1998 1% 2.75%
1997 2.44% 1.04%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Dominica has recorded an average annual inflation rate of 1.68%, compared with 1.82% in Morocco. In 2024, inflation was 2.57% in Dominica and 0.99% in Morocco.

Top exports between countries

Dominica
Export category Export value
Morocco
Export category Export value
Processed food, beverages & tobacco $1.45M
Machinery & equipment $199K
Raw materials & minerals $139K

Balance of trade

Dominica Morocco
Current account balance
-$160M
2024
-$1.87B
2024
Current account balance ranking
94/190
2024
141/190
2024
Current account balance, % of GDP
-23.2%
2024
-1.16%
2024
Goods imports
$231M
2024
$66.5B
2024
Goods exports
$22M
2024
$39.3B
2024
Service imports
$157M
2024
$14.3B
2024
Service exports
$191M
2024
$28.2B
2024
Imports of goods and services, % of GDP n/a
50.2%
2024
Exports of goods and services, % of GDP
8.5%
2025
42%
2024

Economic freedom indices

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

Dominica Morocco
Economic freedom 56.1 61.8
Economic freedom ranking 124/197 91/197
Property rights 65.8 55.2
Government integrity 61.2 35.6
Judicial effectiveness 77.3 32.5
Tax burden 76.1 65.5
Government spending 0 67.5
Fiscal health 45.6 57.5
Business freedom 66.2 72.1
Labor freedom 49.8 46.2
Monetary freedom 77.7 79.6
Trade freedom 53.2 69.8
Investment freedom 60 80
Financial freedom 40 80

Economic freedom comparison by year

Dominica
Morocco
1x
Year Economic freedom index
Dominica Morocco
2026 56.1 61.8
2025 55.3 60.3
2024 54 56.8
2023 59.7 58.4
2022 54.4 59.2
2021 53 63.3
2020 60.8 63.3
2019 63.6 62.9
2018 64.5 61.9
2017 63.7 61.5
2016 67 61.3
2015 66.1 60.1
2014 65.2 58.3
2013 63.9 59.6
2012 61.6 60.2
2011 63.3 59.6
2010 63.2 59.2
2009 62.6 57.7
2008 - 55.6
2007 - 56.4
2006 - 51.5
2005 - 52.2
2004 - 56.7
2003 - 57.8
2002 - 59
2001 - 63.9
2000 - 63.2
1999 - 63.8
1998 - 61.1
1997 - 64.7
1996 - 64.3
1995 - 62.8

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Dominica is 56.1, ranking 124/197, compared to 61.8 for Morocco, ranking 91/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Dominica Morocco
Services, % of GDP
56.9%
2024
52.7%
2024
Industry, % of GDP
13.9%
2024
25.6%
2024
Agriculture, forestry, and fishing, % of GDP
12.2%
2024
10.6%
2024
GNI, Atlas method
$677M
2024
$149B
2024
GNI per capita, PPP
$21,410
2024
$10,260
2024
Total reserves including gold
$156M
2024
$37.1B
2024
Total reserves ranking
172/177
2024
52/177
2024
Net foreign direct investment
-$36.4M
2024
-$948M
2024
Net inflows of foreign direct investment
$60M
2024
$1.64B
2024
Net outflows of foreign direct investment
-$401K
2024
$691M
2024
Servicing debt to the IMF, % of GNI
9.52%
2024
5.63%
2024
Poverty at national poverty lines
29%
2020
3.9%
2022
Gross capital formation, % of GDP n/a
30.1%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2023, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.