Dominica vs Palau: Economic Indicators Comparison

Dominica with a GDP of $550.9M ranked the 189th largest economy in the world, while Palau ranked 192nd with $284M. By GDP per capita, Dominica and Palau ranked 87th vs 60th, respectively.

Gross Domestic Product & Income

Stat	Dominica	Palau
GDP	$550.9M	$284M
GDP growth, 1 year	-12%	1.71%
GDP growth, 5-years average	-2.8%	N/A
Population	74k	22k
GDP per capita	$7.7k	$16k
GDP per capita growth	2.03%	1.14%
Purchasing Power Parity conversion factor	1.87	0.86
Price level ratio of PPP conversion factor GDP to market exchange rate	0.69	0.86
GDP per capita, PPP adjusted	$9.9k	$19k
GNI, Atlas method	$508.1M	$309.4M
GNI per capita	$7.1k	$17k
GNI, PPP adjusted	$735.4M	$349.4M
GNI per capita, PPP adjusted	$10k	$20k

Financial system and Human development

Stat	Dominica	Palau
Income Tax Rate	35%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	1.4%	1.3%
Inflation, GDP deflator	3.6%	-2.5%
Unemployment	0%	1.4%
Economic Freedom Index	60.8	62
Personal Freedom Index	6.1	6.4
Human Freedom Index	6.1	6.4
Property Rights Index	59.8	N/A
Judical Effectiveness Index	62.6	N/A
Business Freedom Index	70.4	N/A
Fiscal Health Index	86.2	N/A
Labor Freedom Index	60.7	N/A
Investment Freedom Index	70	N/A
Financial Freedom Index	30	N/A
Trade Freedom Index	68.4	N/A
Monetary Freedom Index	83.5	N/A
Government Spending Index	16	N/A
Tax Burden Index	70.5	N/A
Government Integrity Index	51.2	N/A
Corruption Perceptions Index	57	49
Life expectancy at birth, years	76.6	69.1
Suicide mortality rate, per 100,000 people	2	21.7
Mortality caused by road traffic injury, per 100,000 people	10.9	4.8
Intentional homicides, per 100,000 people	25.7	3.1
International tourism, number of arrivals	63k	106k

Government debt & reserves

Stat	Dominica	Palau
Central government debt, % of GDP	83.1%	67.5%
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	N/A
Gross savings, % of GDP	N/A	10.7%
Gross capital formation, % of GDP	N/A	26.7%
Total reserves including gold	$191.3M	N/A
Foreign direct investment net inflows	$13.3M	$21.5M

Exports, imports and economic structure

Stat	Dominica	Palau
Exports of goods and services, % of GDP	42.9%	47%
Imports of goods and services, % of GDP	65.1%	76.3%
Current account balance (balance of payments)	-$225.1M	-$51.8M
Revenue excluding grants, % of GDP	N/A	27.3%
Grants excluding technical cooperation, BoP	$28.3M	$81.2M
Personal remittances received	$49.2M	$2.2M
Industry including construction value added, % of GDP	15.8%	8%
Agriculture, forestry and fishing value added, % of GDP	11.1%	3.2%
Charges for the use of intellectual property, payments BoP	$662k	N/A
Charges for the use of intellectual property, receipts BoP	$119	N/A
Expense, % of GDP	N/A	41.4%
Government Expenditure, % of GDP	52.9%	N/A