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Economy of Dominica vs Peru compared: GDP & Debt

Updated on by Georank

Dominica has a GDP of $724M compared to $335B for Peru, ranking 190/197 and 47/197 by economy size, respectively.

Dominica has $743M in government debt (102.6% of GDP), compared to $101B (30.2% of GDP) in Peru.

Dominica vs Peru GDP by year

Dominica
Peru
1x
Year GDP, current $
Dominica Peru
2025 $723,859,259 $334,854,659,182
2024 $688,881,481 $291,751,523,019
2023 $659,311,111 $268,025,009,709
2022 $623,062,963 $246,169,867,863
2021 $562,911,111 $226,406,075,009
2020 $528,944,444 $201,409,694,756
2019 $644,259,259 $228,346,006,004
2018 $628,244,444 $222,597,009,739
2017 $563,355,556 $211,007,984,081
2016 $612,711,111 $191,898,104,390
2015 $583,177,778 $189,802,976,286
2014 $572,255,556 $200,786,250,583
2013 $545,325,926 $201,175,543,571
2012 $520,355,556 $192,650,021,649
2011 $532,081,481 $171,761,737,047
2010 $519,859,259 $147,527,631,521
2009 $515,618,519 $120,822,986,521
2008 $480,003,704 $120,550,599,815
2007 $444,685,185 $102,170,981,144
2006 $416,674,074 $88,643,193,062
2005 $391,455,556 $76,060,606,061
2004 $396,711,111 $66,768,703,498
2003 $373,318,519 $58,731,030,122
2002 $375,200,000 $54,777,553,515
2001 $377,462,963 $52,030,158,775
2000 $333,470,370 $51,744,749,133
1999 $331,759,259 $50,187,324,568
1998 $322,411,111 $55,501,467,877
1997 $302,988,889 $58,147,522,523
1996 $292,285,185 $55,252,414,130
1995 $274,522,222 $53,312,793,687
1994 $264,374,074 $44,882,079,767
1993 $245,525,926 $34,832,077,221
1992 $234,059,259 $35,966,302,303
1991 $219,762,963 $34,341,465,998
1990 $201,429,630 $26,410,386,963
1989 $185,137,243 $22,499,558,526
1988 $171,106,184 $15,439,408,447
1987 $151,868,754 $36,889,706,593
1986 $135,161,959 $21,859,448,586
1985 $119,491,933 $15,078,736,875
1984 $109,157,071 $17,600,400,385
1983 $98,665,191 $17,345,260,564
1982 $89,527,577 $21,794,535,621
1981 $82,107,391 $21,648,214,893
1980 $72,804,653 $18,136,838,538
1979 $55,017,759 $15,954,012,439
1978 $57,130,216 $12,491,876,743
1977 $45,872,947 $14,544,913,961
1976 - $16,131,958,851
1975 - $16,931,162,355
1974 - $13,858,441,211
1973 - $10,994,381,895
1972 - $9,189,413,409
1971 - $8,289,582,884
1970 - $7,432,223,177
1969 - $6,420,909,790
1968 - $5,736,083,835
1967 - $6,194,340,080
1966 - $6,109,048,737
1965 - $5,163,008,077
1964 - $4,353,664,867
1963 - $3,598,272,493
1962 - $3,284,322,201
1961 - $2,897,852,693
1960 - $2,571,986,572

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Dominica vs Peru by year

Dominica
GDP per capita

GDP per capita, PPP
Peru
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominica Peru
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,989 - $9,684 -
2024 $10,405 $21,301 $8,526 $17,802
2023 $9,913 $20,286 $7,919 $17,011
2022 $9,324 $18,802 $7,354 $16,669
2021 $8,376 $15,809 $6,829 $15,281
2020 $7,828 $14,244 $6,133 $12,563
2019 $9,491 $16,021 $7,037 $13,564
2018 $9,215 $15,070 $6,978 $13,078
2017 $8,225 $12,696 $6,736 $12,592
2016 $8,803 $12,945 $6,217 $12,067
2015 $8,283 $12,093 $6,232 $11,600
2014 $8,132 $12,083 $6,667 $11,518
2013 $7,822 $11,286 $6,747 $11,291
2012 $7,529 $10,921 $6,519 $10,757
2011 $7,705 $11,123 $5,861 $10,463
2010 $7,550 $10,924 $5,072 $9,713
2009 $7,487 $10,804 $4,181 $8,917
2008 $6,971 $10,862 $4,198 $8,820
2007 $6,459 $9,949 $3,581 $7,982
2006 $6,056 $9,200 $3,130 $7,214
2005 $5,695 $8,557 $2,707 $6,560
2004 $5,779 $8,232 $2,397 $6,038
2003 $5,447 $7,714 $2,129 $5,657
2002 $5,488 $7,167 $2,007 $5,383
2001 $5,528 $7,291 $1,930 $5,086
2000 $4,867 $7,111 $1,945 $5,012
1999 $4,817 $6,759 $1,917 $4,847
1998 $4,664 $6,617 $2,156 $4,791
1997 $4,372 $6,290 $2,301 $4,844
1996 $4,211 $6,041 $2,227 $4,556
1995 $3,952 $5,749 $2,190 $4,435
1994 $3,805 $5,465 $1,879 $4,123
1993 $3,536 $5,352 $1,488 $3,666
1992 $3,376 $5,125 $1,567 $3,472
1991 $3,171 $4,914 $1,527 $3,484
1990 $2,893 $4,667 $1,200 $3,367
1989 $2,639 - $1,045 -
1988 $2,423 - $733 -
1987 $2,138 - $1,792 -
1986 $1,893 - $1,087 -
1985 $1,666 - $767 -
1984 $1,515 - $918 -
1983 $1,363 - $927 -
1982 $1,232 - $1,194 -
1981 $1,125 - $1,216 -
1980 $996 - $1,045 -
1979 $754 - $942 -
1978 $786 - $756 -
1977 $634 - $903 -
1976 - - $1,026 -
1975 - - $1,104 -
1974 - - $927 -
1973 - - $754 -
1972 - - $647 -
1971 - - $599 -
1970 - - $550 -
1969 - - $488 -
1968 - - $448 -
1967 - - $498 -
1966 - - $505 -
1965 - - $439 -
1964 - - $381 -
1963 - - $324 -
1962 - - $305 -
1961 - - $276.6 -
1960 - - $252.8 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Dominica's GDP per capita is $10,989, ranking 84/197, compared to $9,684 in Peru, ranking 90/197. Adjusted for purchasing power (GDP per capita PPP), Dominica ranks 91st at $21,301, while Peru ranks 104th at $17,802.

Economic indicators

Dominica Peru
Gross domestic product
$724M
2025
$335B
2025
GDP rank
190/197
2025
47/197
2025
GDP growth
3.05%
2024-2025
3.43%
2024-2025
GDP per capita
$10,989
2025
$9,684
2025
GDP per capita rank
84/197
2025
90/197
2025
GDP per capita, PPP
$21,301
2024
$17,802
2024
GDP per capita PPP rank
91/197
2024
104/197
2024
Government debt
$743M
2025
$101B
2025
Debt-to-GDP ratio
102.6%
2025
30.2%
2025
Government debt per person
$11,275
2025
$2,927
2025
Government debt per person rank
54/185
2025
107/185
2025
Average annual personal income after taxes
$6,105
2026
$7,143
2026
Market capitalization of domestic companies n/a
$105B
2025
Income share by richest 10% n/a
30.3%
2024
Income share by poorest 10% n/a
2%
2024
Government expenditure, % of GDP
55.4%
2025
21.4%
2025
Consumer prices inflation
2.53%
2024-2025
1.53%
2024-2025
Central bank interest rate n/a
4.25%
2025
Unemployment rate
11%
2001
4.32%
2025
Population
65501
35105331

Spending and national debt comparison by year

Dominica
Spending

Debt
Peru
Spending

Debt
1x
Year % of GDP
Dominica Peru
Government spending Government debt Government spending Government debt
2025 55.4% 102.6% 21.4% 30.2%
2024 67.4% 108.2% 22.2% 32.1%
2023 64.8% 101.3% 22.1% 32.4%
2022 69.7% 110% 23.1% 33.5%
2021 67% 116.3% 23.1% 35.5%
2020 66.8% 118.4% 25.7% 34.3%
2019 48.3% 97.8% 20.8% 26.5%
2018 63.4% 85.7% 21% 25.7%
2017 54% 84.2% 20.6% 24.8%
2016 48% 76.9% 20.5% 23.9%
2015 32.4% 68.2% 22% 23.7%
2014 32.7% 71.3% 22.4% 20.5%
2013 33.4% 73.9% 21.5% 19.9%
2012 36.2% 73.1% 20.3% 20.7%
2011 35.2% 69.7% 19.8% 23.1%
2010 39.4% 66.8% 21% 25.1%
2009 35.9% 62.5% 21.3% 28.2%
2008 34.7% 64.4% 19.9% 28.1%
2007 34.1% 71.8% 18.6% 31.9%
2006 29.7% 77.4% 19.2% 34.9%
2005 31% 82% 20.4% 40.4%
2004 30.2% 86.2% 19.6% 46.7%
2003 30.1% 94.9% 20.1% 49.4%
2002 28.6% 97.9% 19.6% 45.5%
2001 29.6% 98.5% 20.9% 43.8%
2000 38.5% 68.9% 21.7% 44.9%
1999 35.2% 61.8% 17.8% 41.1%
1998 33% 56.3% 16.3% 36.8%
1997 28.2% 47.7% 15.6% 34.5%
1996 28.5% 53.7% 16.5% 37.4%
1995 28.8% 57.4% 17.5% 36.8%
1994 27.2% 55.9% 16.9% 41.9%
1993 25.2% 53.4% 18.2% 49.9%
1992 27.4% 54% 19.1% 46.8%
1991 29% 56.9% 15.7% 48.3%
1990 31.5% 54.1% 20.4% 56.3%
1989 - - 12.1% 34.9%
1988 - - 12.8% 42.8%
1987 - - 15.5% 39.1%
1986 - - 16.6% 48.6%
1985 - - 17.2% 63.4%
1984 - - 18.3% 56.7%
1983 - - 19.4% 56.2%
1982 - - 17.6% 34.2%
1981 - - 18.4% 30.6%
1980 - - 19.3% 36.3%
1979 - - 16.4% 45.9%
1978 - - 19% 56%
1977 - - 19.4% 44.8%
1976 - - 21.1% 34.5%
1975 - - 19.8% 27%
1974 - - 17.7% 24%
1973 - - 19.5% 22.6%
1972 - - 15.3% 20.6%
1971 - - 15% 19%
1970 - - 14.3% 20%
1969 - - 16.4% -
1968 - - 18.4% 15.2%
1967 - - 19.1% 12.1%
1966 - - 18.6% 17%
1965 - - 18.7% 14.5%
1964 - - 16.9% 14.1%
1963 - - 16.2% -
1962 - - 14.6% -
1961 - - 14.8% 16%
1960 - - 13.3% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1999, retrieved 2026-07-08).

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

In 2025, Dominica's government spending was $401M, accounting for 55.4% of its GDP, while Peru spent $71.7B, or 21.4% of GDP.

Debt-to-GDP ratio is 102.6% in Dominica and 30.2% in Peru, ranking 20/185 and 154/185, respectively.

Government deficit by year

Deficit/surplus
Dominica

Peru
1x
Year Deficit/surplus, % of GDP
Dominica Peru
2025 -1.35% -2.36%
2024 -6.75% -3.53%
2023 -4.52% -2.74%
2022 -7.18% -1.38%
2021 -8.22% -2.49%
2020 -7.53% -8.19%
2019 -8.72% -1.37%
2018 -17.2% -1.94%
2017 -3.27% -2.79%
2016 11.6% -2.12%
2015 11.4% -2.02%
2014 -5.54% -0.19%
2013 -2.88% 0.75%
2012 -5.41% 2.07%
2011 -4.4% 2.05%
2010 -3.38% -0.02%
2009 -0.31% -1.48%
2008 0.7% 2.48%
2007 1.8% 3.35%
2006 2.93% 2.03%
2005 0.95% -0.44%
2004 -0.67% -1.03%
2003 0.85% -1.62%
2002 -4.07% -1.4%
2001 -6.54% -2.15%
2000 -8.66% -2.12%
1999 -9.18% -2.93%
1998 -5.99% -0.2%
1997 -2.24% 0.47%
1996 -1.59% -0.25%
1995 -2.88% -2.05%
1994 -3.35% -1.9%
1993 -1.41% -2.82%
1992 -2.22% -3.55%
1991 -2.99% -1.98%
1990 -4.66% -7.99%
1989 - -1.3%
1988 - -3.57%
1987 - -6.26%
1986 - -4.08%
1985 - -2.41%
1984 - -4.45%
1983 - -7.52%
1982 - -3.22%
1981 - -3.98%
1980 - -2.36%
1979 - -0.54%
1978 - -5.07%
1977 - -6.52%
1976 - -8.37%
1975 - -6.54%
1974 - -4.47%
1973 - -6.68%
1972 - -2.04%
1971 - -1.89%
1970 - -0.42%
1969 - -1.1%
1968 - -3.28%
1967 - -3.76%
1966 - -5.41%
1965 - -4.79%
1964 - -3.37%
1963 - -1.86%
1962 - 2.16%
1961 - 2.46%
1960 - 3.32%
1959 - -1.46%
1958 - -2.63%
1957 - -2.23%
1956 - -0.93%
1955 - 0.06%
1954 - -0.66%
1953 - -2.35%
1952 - 0.04%
1951 - 0.61%
1950 - 0.08%
1949 - 0.26%
1948 - -0.84%
1947 - -0.54%
1946 - -1.39%
1945 - 0%
1944 - 0%
1943 - 0.18%
1942 - -2.38%
1941 - -1.76%
1940 - 0.27%
1939 - -1.01%
1938 - -1.57%
1937 - 0.18%
1936 - 0.18%
1935 - 0.09%
1934 - 0.11%
1933 - 0.02%
1932 - -0.57%
1931 - -0.28%
1930 - -0.67%
1929 - 0.008%
1928 - -1.88%
1927 - 0%
1926 - -1.84%
1925 - -1.69%
1924 - -1.31%
1923 - -0.85%
1922 - -1.24%
1921 - -1.53%
1920 - -0.4%
1919 - -0.26%
1918 - -0.34%
1917 - -0.25%
1916 - 0.27%
1915 - -0.74%
1914 - -1.59%
1913 - -3.04%
1912 - -0.45%
1911 - 0.32%
1910 - 0.16%
1909 - -0.33%
1908 - -0.18%
1907 - 0.18%
1906 - 0.38%
1905 - 0.2%
1904 - 0.22%
1903 - 0.24%
1902 - 0.26%
1901 - 0.26%
1900 - 0%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1900–1999, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/dominica/peru | 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 Peru's deficit of $7.9B, or 2.36% of GDP.

Over the past 36 years, Dominica recorded a fiscal deficit in 29 of those years, while Peru ran a deficit in 29 years. On average, Dominica posted an annual deficit equal to 3.14% of GDP, compared to deficit of 1.44% of GDP for Peru.

Inflation comparison by year

Inflation
Dominica

Peru
1x
Year Consumer prices inflation
Dominica Peru
2025 2.53% 1.53%
2024 2.74% 2.01%
2023 5.09% 6.46%
2022 2.88% 8.33%
2021 2.23% 4.27%
2020 1.22% 2%
2019 1.5% 2.25%
2018 0.99% 1.51%
2017 0.3% 2.99%
2016 0.14% 3.56%
2015 -0.84% 3.4%
2014 0.8% 3.41%
2013 -0.05% 2.77%
2012 1.36% 3.61%
2011 1.13% 3.37%
2010 3% 1.53%
2009 0.006% 2.94%
2008 6.36% 5.79%
2007 3.63% 1.78%
2006 2.2% 2%
2005 1.68% 1.62%
2004 2.39% 3.66%
2003 1.45% 2.26%
2002 0.17% 0.19%
2001 1.3% 1.98%
2000 0.86% 3.76%
1999 1.18% 3.47%
1998 1% 7.25%
1997 2.44% 8.56%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Dominica has recorded an average annual inflation rate of 1.71%, compared with 3.39% in Peru. In 2025, inflation was 2.53% in Dominica and 1.53% in Peru.

Top exports between countries

Dominica
Export category Export value
Peru
Export category Export value
Chemicals & pharma $108K
Metals $94K
Textiles & consumer goods $31K
Animal & marine products $26K
Wood & paper products $18K
Processed food, beverages & tobacco $10K
Miscellaneous $2K
Raw materials & minerals $2K

Balance of trade

Dominica Peru
Current account balance
-$275M
2025
$12B
2025
Current account balance ranking
94/190
2025
23/190
2025
Current account balance, % of GDP
-38%
2025
+3.58%
2025
Goods imports
$275M
2025
$58.6B
2025
Goods exports
$29.8M
2025
$94B
2025
Service imports
$208M
2025
$15.9B
2025
Service exports
$181M
2025
$7.64B
2025
Imports of goods and services, % of GDP n/a
21.8%
2025
Exports of goods and services, % of GDP
8.5%
2026
30%
2025

Economic freedom indices

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

Dominica Peru
Economic freedom 56.1 66.3
Economic freedom ranking 124/197 62/197
Property rights 65.8 44
Government integrity 61.2 35
Judicial effectiveness 77.3 47.8
Tax burden 76.1 79.4
Government spending 0 84.8
Fiscal health 45.6 87.4
Business freedom 66.2 73.1
Labor freedom 49.8 64.7
Monetary freedom 77.7 77.6
Trade freedom 53.2 81.6
Investment freedom 60 60
Financial freedom 40 60

Economic freedom comparison by year

Dominica
Peru
1x
Year Economic freedom index
Dominica Peru
2026 56.1 66.3
2025 55.3 65.9
2024 54 64.8
2023 59.7 66.5
2022 54.4 66.5
2021 53 67.7
2020 60.8 67.9
2019 63.6 67.8
2018 64.5 68.7
2017 63.7 68.9
2016 67 67.4
2015 66.1 67.7
2014 65.2 67.4
2013 63.9 68.2
2012 61.6 68.7
2011 63.3 68.6
2010 63.2 67.6
2009 62.6 64.6
2008 - 63.8
2007 - 62.7
2006 - 60.5
2005 - 61.3
2004 - 64.7
2003 - 64.6
2002 - 64.8
2001 - 69.6
2000 - 68.7
1999 - 69.2
1998 - 65
1997 - 63.8
1996 - 62.5
1995 - 56.9

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Dominica is 56.1, ranking 124/197, compared to 66.3 for Peru, ranking 62/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Dominica Peru
Services, % of GDP
57.2%
2025
50.9%
2024
Industry, % of GDP
14.1%
2025
34.3%
2024
Agriculture, forestry, and fishing, % of GDP
12.1%
2025
7.47%
2024
GNI, Atlas method
$704M
2025
$291B
2025
GNI per capita, PPP
$22,130
2025
$17,540
2025
Total reserves including gold
$165M
2025
$90.4B
2025
Total reserves ranking
172/177
2025
32/177
2025
Net foreign direct investment
-$49.5M
2025
-$8.93B
2025
Net inflows of foreign direct investment
$60M
2024
$6.7B
2024
Net outflows of foreign direct investment
-$401K
2024
$1.14B
2024
Servicing debt to the IMF, % of GNI
9.81%
2024
5.54%
2024
Poverty at national poverty lines
29%
2020
27.6%
2024
Gross capital formation, % of GDP n/a
20.3%
2025

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/peru | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1900–1999, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2020–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. 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.

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.