Skip to content

Economy of Dominica vs Myanmar compared: GDP & Debt

Updated on by Georank team

Dominica has a GDP of $689M compared to $74.1B for Myanmar, ranking 190/197 and 85/197 by economy size, respectively.

Dominica has $713M in government debt (103.5% of GDP), compared to $44B (59.3% of GDP) in Myanmar.

Dominica vs Myanmar GDP by year

Dominica
Myanmar
1x
Year GDP, current $
Dominica Myanmar
2024 $688,881,481 $74,068,349,524
2023 $659,311,111 $66,757,619,000
2022 $623,062,963 $62,253,049,903
2021 $562,911,111 $66,345,291,149
2020 $528,944,444 $79,006,113,670
2019 $644,259,259 $75,065,106,243
2018 $628,244,444 $67,860,515,993
2017 $563,355,556 $66,053,040,475
2016 $612,711,111 $63,298,361,984
2015 $583,177,778 $59,607,290,408
2014 $572,255,556 $65,531,374,210
2013 $545,325,926 $60,269,732,855
2012 $520,355,556 $59,937,796,648
2011 $532,081,481 $59,977,326,086
2010 $519,859,259 $49,540,813,342
2009 $515,618,519 $36,906,181,381
2008 $480,003,704 $31,862,554,102
2007 $444,685,185 $20,182,477,481
2006 $416,674,074 $14,502,553,710
2005 $391,455,556 $11,986,972,419
2004 $396,711,111 $10,567,354,056
2003 $373,318,519 $10,467,109,978
2002 $375,200,000 $6,777,632,512
2001 $377,462,963 $6,477,790,688
2000 $333,470,370 $8,905,066,164
1999 $331,759,259 $8,486,832,801
1998 $322,411,111 $6,459,461,639
1997 $302,988,889 $4,722,288,496
1996 $292,285,185 $6,123,556,717
1995 $274,522,222 $5,289,174,943
1994 $264,374,074 $4,432,257,174
1993 $245,525,926 $3,163,020,035
1992 $234,059,259 $2,411,552,289
1991 $219,762,963 $2,069,832,687
1990 $201,429,630 $2,115,193,513
1989 $185,137,243 $2,013,448,229
1988 $171,106,184 $1,541,088,312
1987 $151,868,754 $1,562,448,077
1986 $135,161,959 $1,582,873,750
1985 $119,491,933 $1,478,908,173
1984 $109,157,071 $1,304,063,253
1983 $98,665,191 $1,381,573,615
1982 $89,527,577 $1,481,165,468
1981 $82,107,391 $1,111,000,765
1980 $72,804,653 $1,038,225,167
1979 $55,017,759 $952,265,043
1978 $57,130,216 $935,408,775
1977 $45,872,947 $873,579,932
1976 - $1,204,699,849
1975 - $1,061,107,354
1974 - $1,225,589,878
1973 - $719,754,655
1972 - $662,213,083
1971 - $587,448,405
1970 - $563,555,631
1969 - $571,854,215
1968 - $559,956,130
1967 - $420,359,036
1966 - $293,103,479
1965 - $367,053,117
1964 - $411,419,906
1963 - $598,998,419
1962 - $634,528,872
1961 - $605,581,577
1960 - $545,098,448

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

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

GDP per capita in Dominica vs Myanmar by year

Dominica
GDP per capita

GDP per capita, PPP
Myanmar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominica Myanmar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $10,405 $21,301 $1,359 $5,997
2023 $9,913 $20,286 $1,233 $5,953
2022 $9,324 $18,802 $1,158 $5,732
2021 $8,376 $15,809 $1,243 $5,178
2020 $7,828 $14,244 $1,490 $5,741
2019 $9,491 $16,021 $1,426 $6,101
2018 $9,215 $15,070 $1,298 $5,581
2017 $8,225 $12,696 $1,273 $4,706
2016 $8,803 $12,945 $1,229 $4,460
2015 $8,283 $12,093 $1,167 $4,459
2014 $8,132 $12,083 $1,293 $4,376
2013 $7,822 $11,286 $1,199 $4,144
2012 $7,529 $10,921 $1,203 $3,845
2011 $7,705 $11,123 $1,214 $3,579
2010 $7,550 $10,924 $1,011 $3,348
2009 $7,487 $10,804 $758 $3,040
2008 $6,971 $10,862 $658 $2,748
2007 $6,459 $9,949 $419 $2,459
2006 $6,056 $9,200 $303 $2,153
2005 $5,695 $8,557 $252.7 $1,860
2004 $5,779 $8,232 $224.5 $1,601
2003 $5,447 $7,714 $224.3 $1,385
2002 $5,488 $7,167 $146.6 $1,204
2001 $5,528 $7,291 $141.5 $1,069
2000 $4,867 $7,111 $196.6 $949
1999 $4,817 $6,759 $189.5 $825
1998 $4,664 $6,617 $146 $742
1997 $4,372 $6,290 $108 $702
1996 $4,211 $6,041 $141.9 $661
1995 $3,952 $5,749 $124.1 $618
1994 $3,805 $5,465 $105.4 $573
1993 $3,536 $5,352 $76.2 $529
1992 $3,376 $5,125 $58.9 $494
1991 $3,171 $4,914 $51.2 $447
1990 $2,893 $4,667 $53.1 $441
1989 $2,639 - $51.3 -
1988 $2,423 - $39.9 -
1987 $2,138 - $41.1 -
1986 $1,893 - $42.4 -
1985 $1,666 - $40.4 -
1984 $1,515 - $36.3 -
1983 $1,363 - $39.3 -
1982 $1,232 - $43 -
1981 $1,125 - $32.8 -
1980 $996 - $31.2 -
1979 $754 - $29.2 -
1978 $786 - $29.3 -
1977 $634 - $27.9 -
1976 - - $39.2 -
1975 - - $35.2 -
1974 - - $41.4 -
1973 - - $24.8 -
1972 - - $23.3 -
1971 - - $21.1 -
1970 - - $20.7 -
1969 - - $21.5 -
1968 - - $21.5 -
1967 - - $16.5 -
1966 - - $11.8 -
1965 - - $15.1 -
1964 - - $17.3 -
1963 - - $25.8 -
1962 - - $27.9 -
1961 - - $27.3 -
1960 - - $25.1 -

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

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

Dominica's GDP per capita is $10,405, ranking 84/197, compared to $1,359 in Myanmar, ranking 165/197. Adjusted for purchasing power (GDP per capita PPP), Dominica ranks 91st at $21,301, while Myanmar ranks 153rd at $5,997.

Economic indicators

Dominica Myanmar
Gross domestic product
$689M
2024
$74.1B
2024
GDP rank
190/197
2024
85/197
2024
GDP growth
2.05%
2023-2024
-0.97%
2023-2024
GDP per capita
$10,405
2024
$1,359
2024
GDP per capita rank
84/197
2024
165/197
2024
GDP per capita, PPP
$21,301
2024
$5,997
2024
GDP per capita PPP rank
91/197
2024
153/197
2024
Government debt
$713M
2024
$44B
2024
Debt-to-GDP ratio
103.5%
2024
59.3%
2024
Government debt per person
$10,765
2024
$806
2024
Government debt per person rank
55/185
2024
150/185
2024
Average annual personal income after taxes
$6,045
2026
$1,646
2026
Income share by richest 10% n/a
25.5%
2017
Income share by poorest 10% n/a
3.8%
2017
Government expenditure, % of GDP
60.9%
2024
20.7%
2024
Consumer prices inflation
2.57%
2023-2024
8.83%
2018-2019
Unemployment rate
11%
2001
1.48%
2020
Population
65539
55292116

Spending and national debt comparison by year

Dominica
Spending

Debt
Myanmar
Spending

Debt
1x
Year % of GDP
Dominica Myanmar
Government spending Government debt Government spending Government debt
2024 60.9% 103.5% 20.7% 59.3%
2023 66.8% 103.2% 21.4% 59.1%
2022 72.7% 108.3% 21.3% 56.1%
2021 70.1% 113.6% 20.9% 63.4%
2020 70.1% 118.2% 21.3% 49.1%
2019 44% 89.1% 20.5% 37.6%
2018 66.7% 90% 18.7% 39.9%
2017 55.7% 86.7% 19.7% 41.9%
2016 45.8% 72.9% 21.3% 35.7%
2015 33.5% 71.1% 23.7% 36.6%
2014 33.3% 73.5% 24.7% 34.5%
2013 34.2% 75.6% 23.9% 44.8%
2012 36.6% 74% 20% 48%
2011 34.7% 68.6% 15.6% 49.9%
2010 39.7% 67.3% 15.8% 54.4%
2009 36.1% 62.8% 14.4% 56.4%
2008 35.9% 66.5% 14.4% 59.8%
2007 35.6% 74.9% 15.7% 77.4%
2006 30.9% 80.4% 15.6% 103.1%
2005 32.1% 84.9% 14.6% 119%
2004 30.1% 85.8% 14.6% 126.6%
2003 31.2% 98.2% 14.3% 146%
2002 29% 99.4% 15.3% 190.6%
2001 29.3% 97.5% 19.1% 262%
2000 38.9% 69.6% 21.4% 164.5%
1999 35.3% 62% 22.8% 150.7%
1998 33.5% 57.1% 25.2% 208.6%
1997 29.1% 49.3% - -
1996 29% 54.7% - -
1995 29.7% 59.3% - -
1994 27.7% 57% - -
1993 26.1% 55.4% - -
1992 28% 55.3% - -
1991 29.9% 58.7% - -
1990 32.9% 56.6% - -

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

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

In 2024, Dominica's government spending was $420M, accounting for 60.9% of its GDP, while Myanmar spent $15.3B, or 20.7% of GDP.

Debt-to-GDP ratio is 103.5% in Dominica and 59.3% in Myanmar, ranking 20/185 and 81/185, respectively.

Government deficit by year

Deficit/surplus
Dominica

Myanmar
1x
Year Deficit/surplus, % of GDP
Dominica Myanmar
2024 -2.28% -5.06%
2023 -4.66% -5.18%
2022 -7.49% -2.82%
2021 -8.61% -2.47%
2020 -7.91% -6.5%
2019 -7.95% -4.7%
2018 -18.1% -2.77%
2017 -3.37% -3.42%
2016 11% -2.53%
2015 11.8% -4.33%
2014 -5.65% -1.06%
2013 -2.95% -1.53%
2012 -5.48% -2.7%
2011 -4.34% -4.82%
2010 -3.41% -5.4%
2009 -0.31% -3.55%
2008 0.72% -2.73%
2007 1.88% -3.52%
2006 3.04% -3.42%
2005 0.98% -3.49%
2004 -0.67% -4.62%
2003 0.88% -4.24%
2002 -4.13% -4.01%
2001 -6.48% -6.34%
2000 -8.75% -6.03%
1999 -9.2% -4.46%
1998 -6.08% -4.89%
1997 -2.31% -
1996 -1.62% -
1995 -2.97% -
1994 -3.42% -
1993 -1.46% -
1992 -2.28% -
1991 -3.08% -
1990 -4.87% -

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

GeoRank.org/economy/dominica/myanmar | 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 Myanmar's deficit of $3.75B, or 5.06% of GDP.

Over the past 27 years, Dominica recorded a fiscal deficit in 20 of those years, while Myanmar ran a deficit in 27 years. On average, Dominica posted an annual deficit equal to 3.24% of GDP, compared to deficit of 3.95% of GDP for Myanmar.

Inflation comparison by year

Inflation
Dominica

Myanmar
1x
Year Consumer prices inflation
Dominica Myanmar
2024 2.57% -
2023 5.09% -
2022 2.88% -
2021 2.23% -
2020 1.22% -
2019 1.5% 8.83%
2018 0.99% 6.87%
2017 0.3% 4.57%
2016 0.14% 6.93%
2015 -0.84% 9.45%
2014 0.8% 4.95%
2013 -0.05% 5.64%
2012 1.36% 1.47%
2011 1.13% 5.02%
2010 3% 7.72%
2009 0.006% 1.47%
2008 6.36% 26.8%
2007 3.63% 35%
2006 2.2% 20%
2005 1.68% 9.37%
2004 2.39% 4.53%
2003 1.45% 36.6%
2002 0.17% 57.1%
2001 1.3% 21.1%
2000 0.86% -0.11%
1999 1.18% 18.4%
1998 1% 51.5%
1997 2.44% 29.7%

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

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

Over the past 23 years, Dominica has recorded an average annual inflation rate of 1.43%, compared with 16.2% in Myanmar. In 2019, inflation was 2.57% in Dominica and 8.83% in Myanmar.

Balance of trade

Dominica Myanmar
Current account balance
-$160M
2024
$67.7M
2019
Current account balance ranking
94/190
2024
71/190
2019
Current account balance, % of GDP
-23.2%
2024
+0.09%
2019
Goods imports
$231M
2024
$13.7B
2019
Goods exports
$22M
2024
$10.8B
2019
Service imports
$157M
2024
$3.66B
2019
Service exports
$191M
2024
$6.68B
2019
Exports of goods and services, % of GDP
8.5%
2025
24.3%
2025

Economic freedom indices

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

Dominica Myanmar
Economic freedom 56.1 44.5
Economic freedom ranking 124/197 180/197
Property rights 65.8 5.7
Government integrity 61.2 18.1
Judicial effectiveness 77.3 3.9
Tax burden 76.1 88.6
Government spending 0 86.6
Fiscal health 45.6 62.7
Business freedom 66.2 37.9
Labor freedom 49.8 53.2
Monetary freedom 77.7 57.5
Trade freedom 53.2 69.4
Investment freedom 60 30
Financial freedom 40 20

Economic freedom comparison by year

Dominica
Myanmar
1x
Year Economic freedom index
Dominica Myanmar
2026 56.1 44.5
2025 55.3 43.7
2024 54 42.2
2023 59.7 46.5
2022 54.4 49.6
2021 53 55.2
2020 60.8 54
2019 63.6 53.6
2018 64.5 53.9
2017 63.7 52.5
2016 67 48.7
2015 66.1 46.9
2014 65.2 46.5
2013 63.9 39.2
2012 61.6 38.7
2011 63.3 37.8
2010 63.2 36.7
2009 62.6 37.7
2008 - 39.5
2007 - 41
2006 - 40
2005 - 40.5
2004 - 43.6
2003 - 44.9
2002 - 45.5
2001 - 46.1
2000 - 47.9
1999 - 46.4
1998 - 45.7
1997 - 45.4
1996 - 45.1

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Dominica is 56.1, ranking 124/197, compared to 44.5 for Myanmar, ranking 180/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Dominica Myanmar
Services, % of GDP
56.9%
2024
41.4%
2024
Industry, % of GDP
13.9%
2024
37.8%
2024
Agriculture, forestry, and fishing, % of GDP
12.2%
2024
20.8%
2024
GNI, Atlas method
$677M
2024
$65.9B
2024
GNI per capita, PPP
$21,410
2024
$5,890
2024
Total reserves including gold
$156M
2024
$9.34B
2023
Total reserves ranking
172/177
2024
81/177
2023
Net foreign direct investment
-$36.4M
2024
-$1.74B
2019
Net inflows of foreign direct investment
$60M
2024
$1.1B
2024
Net outflows of foreign direct investment
-$401K
2024
$0
2024
Servicing debt to the IMF, % of GNI
9.52%
2024
1.31%
2024
Poverty at national poverty lines
29%
2020
24.8%
2017

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/myanmar | 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 (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 (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. 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.