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Economy of Dominica vs Nauru compared: GDP & Debt

Updated on by Georank

Dominica has a GDP of $724M compared to $176M for Nauru, ranking 190/197 and 195/197 by economy size, respectively.

Dominica has $743M in government debt (102.6% of GDP), compared to $25.8M (14.6% of GDP) in Nauru.

Dominica vs Nauru GDP by year

Dominica
Nauru
1x
Year GDP, current $
Dominica Nauru
2025 $723,859,259 $176,040,044
2024 $688,881,481 $167,833,415
2023 $659,311,111 $161,531,317
2022 $623,062,963 $180,671,357
2021 $562,911,111 $149,268,324
2020 $528,944,444 $124,685,688
2019 $644,259,259 $125,160,116
2018 $628,244,444 $130,995,566
2017 $563,355,556 $109,355,639
2016 $612,711,111 $97,541,943
2015 $583,177,778 $84,863,441
2014 $572,255,556 $99,149,244
2013 $545,325,926 $94,385,015
2012 $520,355,556 $101,055,723
2011 $532,081,481 $65,071,880
2010 $519,859,259 $47,562,845
2009 $515,618,519 $44,176,246
2008 $480,003,704 $37,602,265
2007 $444,685,185 $22,766,972
2006 $416,674,074 $29,200,359
2005 $391,455,556 $30,070,666
2004 $396,711,111 $30,587,566
2003 $373,318,519 $24,778,160
2002 $375,200,000 $21,017,424
2001 $377,462,963 $22,613,288
2000 $333,470,370 $26,930,980
1999 $331,759,259 $27,328,613
1998 $322,411,111 $29,664,451
1997 $302,988,889 $37,331,507
1996 $292,285,185 $37,458,801
1995 $274,522,222 $39,969,706
1994 $264,374,074 $39,742,511
1993 $245,525,926 $43,542,088
1992 $234,059,259 $51,133,123
1991 $219,762,963 $52,533,789
1990 $201,429,630 $55,572,376
1989 $185,137,243 $53,736,786
1988 $171,106,184 $45,931,134
1987 $151,868,754 $40,118,410
1986 $135,161,959 $39,939,391
1985 $119,491,933 $41,548,741
1984 $109,157,071 $47,363,231
1983 $98,665,191 $48,439,093
1982 $89,527,577 $52,877,742
1981 $82,107,391 $51,689,637
1980 $72,804,653 $46,947,124
1979 $55,017,759 $44,431,330
1978 $57,130,216 $41,754,147
1977 $45,872,947 $40,444,702
1976 - $40,287,427
1975 - $40,106,776
1974 - $35,994,511
1973 - $26,529,817
1972 - $21,734,269
1971 - $19,009,433
1970 - $17,570,366

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

GDP per capita in Dominica vs Nauru by year

Dominica
GDP per capita

GDP per capita, PPP
Nauru
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominica Nauru
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,989 - $14,640 -
2024 $10,405 $21,301 $14,048 $14,173
2023 $9,913 $20,286 $13,603 $13,732
2022 $9,324 $18,802 $15,310 $13,245
2021 $8,376 $15,809 $12,748 $12,112
2020 $7,828 $14,244 $10,709 $10,811
2019 $9,491 $16,021 $10,802 $10,555
2018 $9,215 $15,070 $11,414 $9,657
2017 $8,225 $12,696 $9,657 $9,650
2016 $8,803 $12,945 $8,748 $10,281
2015 $8,283 $12,093 $7,747 $9,955
2014 $8,132 $12,083 $9,230 $9,726
2013 $7,822 $11,286 $8,975 $8,429
2012 $7,529 $10,921 $9,843 $8,153
2011 $7,705 $11,123 $6,444 $6,544
2010 $7,550 $10,924 $4,736 $5,620
2009 $7,487 $10,804 $4,411 $5,568
2008 $6,971 $10,862 $3,757 $5,863
2007 $6,459 $9,949 $2,272 $4,789
2006 $6,056 $9,200 $2,910 $5,975
2005 $5,695 $8,557 $2,992 $5,336
2004 $5,779 $8,232 $3,041 $5,169
2003 $5,447 $7,714 $2,463 $5,261
2002 $5,488 $7,167 $2,085 $5,132
2001 $5,528 $7,291 $2,232 $5,587
2000 $4,867 $7,111 $2,649 $5,838
1999 $4,817 $6,759 $2,683 $6,118
1998 $4,664 $6,617 $2,909 $6,450
1997 $4,372 $6,290 $3,661 $7,231
1996 $4,211 $6,041 $3,679 $7,818
1995 $3,952 $5,749 $3,932 $8,726
1994 $3,805 $5,465 $3,921 $9,308
1993 $3,536 $5,352 $4,310 $9,513
1992 $3,376 $5,125 $5,103 $11,167
1991 $3,171 $4,914 $5,333 $13,265
1990 $2,893 $4,667 $5,776 $16,215
1989 $2,639 - $5,723 -
1988 $2,423 - $5,012 -
1987 $2,138 - $4,485 -
1986 $1,893 - $4,569 -
1985 $1,666 - $4,859 -
1984 $1,515 - $5,654 -
1983 $1,363 - $5,896 -
1982 $1,232 - $6,577 -
1981 $1,125 - $6,594 -
1980 $996 - $6,138 -
1979 $754 - $5,950 -
1978 $786 - $5,721 -
1977 $634 - $5,646 -
1976 - - $5,703 -
1975 - - $5,740 -
1974 - - $5,199 -
1973 - - $3,864 -
1972 - - $3,191 -
1971 - - $2,811 -
1970 - - $2,619 -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

Dominica's GDP per capita is $10,989, ranking 84/197, compared to $14,640 in Nauru, ranking 74/197. Adjusted for purchasing power (GDP per capita PPP), Dominica ranks 91st at $21,301, while Nauru ranks 119th at $14,173.

Economic indicators

Dominica Nauru
Gross domestic product
$724M
2025
$176M
2025
GDP rank
190/197
2025
195/197
2025
GDP growth
3.05%
2024-2025
2.14%
2024-2025
GDP per capita
$10,989
2025
$14,640
2025
GDP per capita rank
84/197
2025
74/197
2025
GDP per capita, PPP
$21,301
2024
$14,173
2024
GDP per capita PPP rank
91/197
2024
119/197
2024
Government debt
$743M
2025
$25.8M
2025
Debt-to-GDP ratio
102.6%
2025
14.6%
2025
Government debt per person
$11,275
2025
$2,145
2025
Government debt per person rank
54/185
2025
118/185
2025
Average annual personal income after taxes
$6,105
2026
$9,187
2026
Income share by richest 10% n/a
25.3%
2012
Income share by poorest 10% n/a
3.4%
2012
Government expenditure, % of GDP
55.4%
2025
128.7%
2025
Consumer prices inflation
2.53%
2024-2025
6.1%
2024-2025
Unemployment rate
11%
2001
5.06%
2021
Population
65501
12139

Spending and national debt comparison by year

Dominica
Spending

Debt
Nauru
Spending

Debt
1x
Year % of GDP
Dominica Nauru
Government spending Government debt Government spending Government debt
2025 55.4% 102.6% 128.7% 14.6%
2024 67.4% 108.2% 118.4% 16.9%
2023 64.8% 101.3% 111% 19.2%
2022 69.7% 110% 113.8% 18.9%
2021 67% 116.3% 109.5% 24.2%
2020 66.8% 118.4% 109.4% 56.3%
2019 48.3% 97.8% 106% 59.6%
2018 63.4% 85.7% 90.8% 71.1%
2017 54% 84.2% 102.3% 78%
2016 48% 76.9% 96% 86.3%
2015 32.4% 68.2% 85.4% 113%
2014 32.7% 71.3% 61.3% 147.7%
2013 33.4% 73.9% 66% 166.9%
2012 36.2% 73.1% 46% 157.3%
2011 35.2% 69.7% 44.7% 236.8%
2010 39.4% 66.8% 73.8% 298.9%
2009 35.9% 62.5% 68% 295.6%
2008 34.7% 64.4% - -
2007 34.1% 71.8% - -
2006 29.7% 77.4% - -
2005 31% 82% - -
2004 30.2% 86.2% - -
2003 30.1% 94.9% - -
2002 28.6% 97.9% - -
2001 29.6% 98.5% - -
2000 38.5% 68.9% - -
1999 35.2% 61.8% - -
1998 33% 56.3% - -
1997 28.2% 47.7% - -
1996 28.5% 53.7% - -
1995 28.8% 57.4% - -
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).

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

In 2025, Dominica's government spending was $401M, accounting for 55.4% of its GDP, while Nauru spent $227M, or 128.7% of GDP.

Debt-to-GDP ratio is 102.6% in Dominica and 14.6% in Nauru, ranking 20/185 and 176/185, respectively.

Government deficit by year

Deficit/surplus
Dominica

Nauru
1x
Year Deficit/surplus, % of GDP
Dominica Nauru
2025 -1.35% 3.51%
2024 -6.75% 28.9%
2023 -4.52% 18.2%
2022 -7.18% 20.5%
2021 -8.22% 52.4%
2020 -7.53% 42.8%
2019 -8.72% 31%
2018 -17.2% 29.6%
2017 -3.27% 16.2%
2016 11.6% 18.9%
2015 11.4% 10.7%
2014 -5.54% 29.6%
2013 -2.88% 1.71%
2012 -5.41% 8.12%
2011 -4.4% 2.73%
2010 -3.38% 0.09%
2009 -0.31% 0.37%
2008 0.7% -
2007 1.8% -
2006 2.93% -
2005 0.95% -
2004 -0.67% -
2003 0.85% -
2002 -4.07% -
2001 -6.54% -
2000 -8.66% -
1999 -9.18% -
1998 -5.99% -
1997 -2.24% -
1996 -1.59% -
1995 -2.88% -
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/nauru | 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 Nauru's surplus of $6.19M, or 3.51% of GDP.

Over the past 17 years, Dominica recorded a fiscal deficit in 15 of those years, while Nauru ran a deficit in 0 years. On average, Dominica posted an annual deficit equal to 3.75% of GDP, compared to surplus of 18.5% of GDP for Nauru.

Inflation comparison by year

Inflation
Dominica

Nauru
1x
Year Consumer prices inflation
Dominica Nauru
2025 2.53% 6.1%
2024 2.74% 9.3%
2023 5.09% 4.8%
2022 2.88% 1.1%
2021 2.23% 2%
2020 1.22% 0.9%
2019 1.5% 4.1%
2018 0.99% 1.1%
2017 0.3% 4.5%
2016 0.14% 8.1%
2015 -0.84% 9.8%
2014 0.8% 0.3%
2013 -0.05% -1.1%
2012 1.36% 0.3%
2011 1.13% -3.4%
2010 3% -2%
2009 0.006% 22.4%
2008 6.36% 1%
2007 3.63% 5.6%
2006 2.2% 19.3%
2005 1.68% 8.7%
2004 2.39% -
2003 1.45% -
2002 0.17% -
2001 1.3% -
2000 0.86% -
1999 1.18% -
1998 1% -
1997 2.44% -

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | World Economic Outlook (2005–2025, retrieved 2026-07-08).

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

Over the past 21 years, Dominica has recorded an average annual inflation rate of 1.85%, compared with 4.9% in Nauru. In 2025, inflation was 2.53% in Dominica and 6.1% in Nauru.

Balance of trade

Dominica Nauru
Current account balance
-$275M
2025
$9.73M
2024
Current account balance ranking
94/190
2025
69/190
2024
Current account balance, % of GDP
-38%
2025
+5.8%
2024
Goods imports
$275M
2025
$92.7M
2024
Goods exports
$29.8M
2025
$25.5M
2024
Service imports
$208M
2025
$88.2M
2024
Service exports
$181M
2025
$64.6M
2024
Imports of goods and services, % of GDP n/a
103.7%
2025
Exports of goods and services, % of GDP
8.5%
2026
61.8%
2025

Economic freedom indices

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

Dominica Nauru
Economic freedom 56.1 60
Economic freedom ranking 124/197 97/197
Property rights 65.8 n/a
Government integrity 61.2 n/a
Judicial effectiveness 77.3 n/a
Tax burden 76.1 n/a
Government spending 0 n/a
Fiscal health 45.6 n/a
Business freedom 66.2 n/a
Labor freedom 49.8 n/a
Monetary freedom 77.7 n/a
Trade freedom 53.2 n/a
Investment freedom 60 n/a
Financial freedom 40 n/a

Other economic metrics

Dominica Nauru
Services, % of GDP
57.2%
2025
n/a
Industry, % of GDP
14.1%
2025
n/a
Agriculture, forestry, and fishing, % of GDP
12.1%
2025
n/a
GNI, Atlas method
$704M
2025
$249M
2025
GNI per capita, PPP
$22,130
2025
$20,200
2025
Total reserves including gold
$165M
2025
n/a
Total reserves ranking
172/177
2025
n/a
Net foreign direct investment
-$49.5M
2025
$4.51M
2024
Net inflows of foreign direct investment
$60M
2024
-$5.85M
2024
Net outflows of foreign direct investment
-$401K
2024
-$1.34M
2024
Servicing debt to the IMF, % of GNI
9.81%
2024
n/a
Poverty at national poverty lines
29%
2020
n/a

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/nauru | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-07-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. LivingCost (2026, retrieved 2026-07-08)
  7. 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.