Skip to content

Economy of Dominica vs Portugal compared: GDP & Debt

Updated on by Georank

Dominica has a GDP of $724M compared to $347B for Portugal, ranking 190/197 and 46/197 by economy size, respectively.

Dominica has $743M in government debt (102.6% of GDP), compared to $312B (89.9% of GDP) in Portugal.

Dominica vs Portugal GDP by year

Dominica
Portugal
1x
Year GDP, current $
Dominica Portugal
2025 $723,859,259 $346,639,825,142
2024 $688,881,481 $313,656,884,871
2023 $659,311,111 $292,323,800,949
2022 $623,062,963 $256,898,677,175
2021 $562,911,111 $256,055,879,091
2020 $528,944,444 $229,618,773,423
2019 $644,259,259 $240,115,970,063
2018 $628,244,444 $242,092,894,543
2017 $563,355,556 $220,862,990,767
2016 $612,711,111 $206,305,431,242
2015 $583,177,778 $199,038,523,120
2014 $572,255,556 $230,078,616,300
2013 $545,325,926 $226,677,408,292
2012 $520,355,556 $216,536,676,772
2011 $532,081,481 $245,426,767,676
2010 $519,859,259 $238,443,864,993
2009 $515,618,519 $244,667,762,836
2008 $480,003,704 $263,416,394,624
2007 $444,685,185 $240,496,147,317
2006 $416,674,074 $208,756,449,276
2005 $391,455,556 $197,253,876,705
2004 $396,711,111 $189,382,122,532
2003 $373,318,519 $165,226,175,537
2002 $375,200,000 $134,795,565,549
2001 $377,462,963 $121,604,107,165
2000 $333,470,370 $118,605,192,877
1999 $331,759,259 $127,470,385,557
1998 $322,411,111 $123,946,327,916
1997 $302,988,889 $117,016,535,163
1996 $292,285,185 $122,630,089,680
1995 $274,522,222 $118,122,007,430
1994 $264,374,074 $99,688,641,304
1993 $245,525,926 $95,009,751,901
1992 $234,059,259 $107,592,098,307
1991 $219,762,963 $89,233,599,278
1990 $201,429,630 $78,713,860,217
1989 $185,137,243 $60,594,092,182
1988 $171,106,184 $56,347,250,696
1987 $151,868,754 $48,182,925,857
1986 $135,161,959 $38,745,901,354
1985 $119,491,933 $27,115,807,742
1984 $109,157,071 $25,217,969,050
1983 $98,665,191 $27,239,650,742
1982 $89,527,577 $30,527,754,793
1981 $82,107,391 $31,977,276,873
1980 $72,804,653 $32,896,519,824
1979 $55,017,759 $26,622,819,672
1978 $57,130,216 $23,487,614,051
1977 $45,872,947 $21,439,523,311
1976 - $20,332,831,565
1975 - $19,347,607,843
1974 - $17,512,391,476
1973 - $15,090,564,186
1972 - $11,239,117,865
1971 - $9,201,604,240
1970 - $8,108,235,704
1969 - $7,287,555,035
1968 - $6,644,693,214
1967 - $6,002,607,030
1966 - $5,370,108,031
1965 - $4,901,711,248
1964 - $4,429,202,657
1963 - $4,084,251,593
1962 - $3,835,883,663
1961 - $3,573,719,085
1960 - $3,339,150,158

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

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

GDP per capita in Dominica vs Portugal by year

Dominica
GDP per capita

GDP per capita, PPP
Portugal
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominica Portugal
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,989 - $32,082 -
2024 $10,405 $21,301 $29,328 $51,680
2023 $9,913 $20,286 $27,635 $49,353
2022 $9,324 $18,802 $24,621 $45,250
2021 $8,376 $15,809 $24,711 $38,658
2020 $7,828 $14,244 $22,299 $35,967
2019 $9,491 $16,021 $23,343 $37,866
2018 $9,215 $15,070 $23,541 $34,897
2017 $8,225 $12,696 $21,442 $32,971
2016 $8,803 $12,945 $19,980 $31,589
2015 $8,283 $12,093 $19,216 $29,608
2014 $8,132 $12,083 $22,121 $28,765
2013 $7,822 $11,286 $21,676 $27,966
2012 $7,529 $10,921 $20,593 $26,476
2011 $7,705 $11,123 $23,247 $26,803
2010 $7,550 $10,924 $22,552 $27,292
2009 $7,487 $10,804 $23,151 $26,472
2008 $6,971 $10,862 $24,949 $26,666
2007 $6,459 $9,949 $22,811 $25,738
2006 $6,056 $9,200 $19,839 $24,677
2005 $5,695 $8,557 $18,780 $22,725
2004 $5,779 $8,232 $18,064 $21,476
2003 $5,447 $7,714 $15,798 $20,850
2002 $5,488 $7,167 $12,937 $20,357
2001 $5,528 $7,291 $11,735 $19,529
2000 $4,867 $7,111 $11,526 $18,883
1999 $4,817 $6,759 $12,475 $17,718
1998 $4,664 $6,617 $12,199 $16,688
1997 $4,372 $6,290 $11,576 $15,789
1996 $4,211 $6,041 $12,185 $14,922
1995 $3,952 $5,749 $11,781 $14,406
1994 $3,805 $5,465 $9,977 $13,578
1993 $3,536 $5,352 $9,535 $13,202
1992 $3,376 $5,125 $10,811 $13,182
1991 $3,171 $4,914 $8,959 $12,739
1990 $2,893 $4,667 $7,885 $11,780
1989 $2,639 - $6,056 -
1988 $2,423 - $5,624 -
1987 $2,138 - $4,804 -
1986 $1,893 - $3,862 -
1985 $1,666 - $2,705 -
1984 $1,515 - $2,523 -
1983 $1,363 - $2,735 -
1982 $1,232 - $3,080 -
1981 $1,125 - $3,246 -
1980 $996 - $3,368 -
1979 $754 - $2,756 -
1978 $786 - $2,457 -
1977 $634 - $2,267 -
1976 - - $2,173 -
1975 - - $2,128 -
1974 - - $2,000 -
1973 - - $1,748 -
1972 - - $1,302 -
1971 - - $1,065 -
1970 - - $934 -
1969 - - $832 -
1968 - - $752 -
1967 - - $676 -
1966 - - $601 -
1965 - - $545 -
1964 - - $490 -
1963 - - $452 -
1962 - - $426 -
1961 - - $400 -
1960 - - $377 -

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

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

Dominica's GDP per capita is $10,989, ranking 84/197, compared to $32,082 in Portugal, ranking 43/197. Adjusted for purchasing power (GDP per capita PPP), Dominica ranks 91st at $21,301, while Portugal ranks 42nd at $51,680.

Economic indicators

Dominica Portugal
Gross domestic product
$724M
2025
$347B
2025
GDP rank
190/197
2025
46/197
2025
GDP growth
3.05%
2024-2025
1.86%
2024-2025
GDP per capita
$10,989
2025
$32,082
2025
GDP per capita rank
84/197
2025
43/197
2025
GDP per capita, PPP
$21,301
2024
$51,680
2024
GDP per capita PPP rank
91/197
2024
42/197
2024
Government debt
$743M
2025
$312B
2025
Debt-to-GDP ratio
102.6%
2025
89.9%
2025
Government debt per person
$11,275
2025
$28,843
2025
Government debt per person rank
54/185
2025
26/185
2025
Average annual personal income after taxes
$6,105
2026
$16,647
2026
Market capitalization of domestic companies n/a
$61.9B
2018
Number of millionaires n/a
181,000
2026
Number of billionaires n/a
1
2026
Income share by richest 10% n/a
26.9%
2023
Income share by poorest 10% n/a
2.7%
2023
Government expenditure, % of GDP
55.4%
2025
43.7%
2025
Consumer prices inflation
2.53%
2024-2025
2.34%
2024-2025
Unemployment rate
11%
2001
6%
2025
Population
65501
10788071

Spending and national debt comparison by year

Dominica
Spending

Debt
Portugal
Spending

Debt
1x
Year % of GDP
Dominica Portugal
Government spending Government debt Government spending Government debt
2025 55.4% 102.6% 43.7% 89.9%
2024 67.4% 108.2% 42.5% 93.5%
2023 64.8% 101.3% 41.9% 96.9%
2022 69.7% 110% 43.9% 111.2%
2021 67% 116.3% 47.3% 123.9%
2020 66.8% 118.4% 49.1% 134.1%
2019 48.3% 97.8% 42.5% 116.1%
2018 63.4% 85.7% 43.3% 121.1%
2017 54% 84.2% 45.5% 126%
2016 48% 76.9% 44.9% 131.2%
2015 32.4% 68.2% 48.2% 131%
2014 32.7% 71.3% 51.7% 132.5%
2013 33.4% 73.9% 50% 130.8%
2012 36.2% 73.1% 48.8% 128.6%
2011 35.2% 69.7% 50% 114%
2010 39.4% 66.8% 51.9% 100.1%
2009 35.9% 62.5% 50.3% 87.8%
2008 34.7% 64.4% 45.5% 75.6%
2007 34.1% 71.8% 44.6% 72.7%
2006 29.7% 77.4% 45.2% 73.7%
2005 31% 82% 46.7% 72.2%
2004 30.2% 86.2% 46% 67.1%
2003 30.1% 94.9% 45.3% 63.9%
2002 28.6% 97.9% 44.2% 60%
2001 29.6% 98.5% 44.1% 57.4%
2000 38.5% 68.9% 42.8% 54.2%
1999 35.2% 61.8% 42.5% 55.4%
1998 33% 56.3% 42.6% 55.6%
1997 28.2% 47.7% 42.4% 58.7%
1996 28.5% 53.7% 43% 63.3%
1995 28.8% 57.4% 42.6% 62.2%
1994 27.2% 55.9% 42.8% 60.4%
1993 25.2% 53.4% 46.5% 57.2%
1992 27.4% 54% 48.2% 58.1%
1991 29% 56.9% 45.9% 63.9%
1990 31.5% 54.1% 42.2% 60.2%
1989 - - 36.2% 55.4%
1988 - - 36.2% 56.8%
1987 - - 37.5% 57.2%
1986 - - 38.9% 59.8%
1985 - - 37.5% 59.4%
1984 - - 34.6% 51.3%
1983 - - 34.7% 46.7%
1982 - - 35.8% 43%
1981 - - 35.3% 39.3%
1980 - - 32.4% 31%
1979 - - 30.8% 35.2%
1978 - - 31.7% 31.4%
1977 - - 35.1% 26.9%
1976 - - 38.2% 24.5%
1975 - - 31.9% 19.2%
1974 - - 25.8% 13.5%
1973 - - 25.7% 13.6%
1972 - - 22.8% 14.5%
1971 - - 15.5% 15.7%
1970 - - 15.5% 16.5%
1969 - - 14.9% 16.8%
1968 - - 14.3% 17.2%
1967 - - 14.1% 18.5%
1966 - - 14.4% 20.2%
1965 - - 13.4% 20.4%
1964 - - 13.9% 21.9%
1963 - - 14.6% 20.8%
1962 - - 14.5% 18.7%
1961 - - 14.6% 17.1%
1960 - - 14.3% 16.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1989, retrieved 2026-07-08).

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

In 2025, Dominica's government spending was $401M, accounting for 55.4% of its GDP, while Portugal spent $152B, or 43.7% of GDP.

Debt-to-GDP ratio is 102.6% in Dominica and 89.9% in Portugal, ranking 20/185 and 30/185, respectively.

Government deficit by year

Deficit/surplus
Dominica

Portugal
1x
Year Deficit/surplus, % of GDP
Dominica Portugal
2025 -1.35% 0.31%
2024 -6.75% 0.5%
2023 -4.52% 1.26%
2022 -7.18% -0.31%
2021 -8.22% -2.83%
2020 -7.53% -5.75%
2019 -8.72% 0.12%
2018 -17.2% -0.43%
2017 -3.27% -3%
2016 11.6% -1.94%
2015 11.4% -4.37%
2014 -5.54% -7.32%
2013 -2.88% -5.21%
2012 -5.41% -6.2%
2011 -4.4% -7.73%
2010 -3.38% -11.4%
2009 -0.31% -9.87%
2008 0.7% -3.81%
2007 1.8% -2.91%
2006 2.93% -4.06%
2005 0.95% -6.05%
2004 -0.67% -5.91%
2003 0.85% -5.57%
2002 -4.07% -3.7%
2001 -6.54% -4.68%
2000 -8.66% -3.32%
1999 -9.18% -2.93%
1998 -5.99% -4.3%
1997 -2.24% -3.65%
1996 -1.59% -4.63%
1995 -2.88% -5.14%
1994 -3.35% -7.37%
1993 -1.41% -8.06%
1992 -2.22% -5.19%
1991 -2.99% -7.93%
1990 -4.66% -6.82%
1989 - -2.86%
1988 - -3.52%
1987 - -6.79%
1986 - -7.45%
1985 - -8.35%
1984 - -5.23%
1983 - -4.86%
1982 - -7.02%
1981 - -8.34%
1980 - -6.92%
1979 - -6.08%
1978 - -7.15%
1977 - -7.5%
1976 - -10.2%
1975 - -7.1%
1974 - -3.2%
1973 - -5.39%
1972 - -7.72%
1971 - -0.23%
1970 - -0.24%
1969 - -1.53%
1968 - -1.24%
1967 - -0.46%
1966 - -2%
1965 - -0.03%
1964 - -1.93%
1963 - -3.33%
1962 - -1.69%
1961 - -3.17%
1960 - -3.13%
1959 - -1.73%
1958 - -0.52%
1957 - 0.08%
1956 - -0.18%
1955 - -0.31%
1954 - -0.58%
1953 - -0.35%
1952 - -0.34%
1951 - 0.94%
1950 - -0.83%
1949 - -0.46%
1948 - -2.04%
1947 - -1.65%
1946 - -2.32%
1945 - -2.38%
1944 - -1.44%
1943 - 0.03%
1942 - -0.35%
1941 - -0.08%
1940 - -1.74%
1939 - -0.73%
1938 - -0.08%
1937 - -0.09%
1936 - 0.08%
1935 - 0.75%
1934 - 0.6%
1933 - -0.07%
1932 - -0.03%
1931 - 0.04%
1930 - 0.79%
1929 - 1.86%
1928 - 0.2%
1927 - -2.27%
1926 - -4.21%
1925 - -1.48%
1924 - -3.16%
1923 - -3.47%
1922 - -10%
1921 - -6.5%
1920 - -5.66%
1919 - -8.83%
1918 - -8.3%
1917 - -5.49%
1916 - -
1915 - -
1914 - -
1913 - -0.34%
1912 - -0.02%
1911 - -0.73%
1910 - -0.19%
1909 - -0.82%
1908 - -0.56%
1907 - -0.69%
1906 - -0.45%
1905 - -0.75%
1904 - -0.26%
1903 - -0.91%
1902 - -0.5%
1901 - -0.69%
1900 - -0.35%
1899 - -0.77%
1898 - -0.5%
1897 - -0.93%
1896 - -1.35%
1895 - -0.2%
1894 - -0.16%
1893 - -0.02%
1892 - -0.8%
1891 - -2.15%
1890 - -2.01%
1889 - -1.95%
1888 - -2.14%
1887 - -0.67%
1886 - -1.43%
1885 - -1.68%
1884 - -1.48%
1883 - -1.1%
1882 - -0.39%
1881 - -1.2%
1880 - -1.63%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/dominica/portugal | 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 Portugal's surplus of $1.07B, or 0.31% of GDP.

Over the past 36 years, Dominica recorded a fiscal deficit in 29 of those years, while Portugal ran a deficit in 32 years. On average, Dominica posted an annual deficit equal to 3.14% of GDP, compared to deficit of 4.45% of GDP for Portugal.

Inflation comparison by year

Inflation
Dominica

Portugal
1x
Year Consumer prices inflation
Dominica Portugal
2025 2.53% 2.34%
2024 2.74% 2.42%
2023 5.09% 4.31%
2022 2.88% 7.83%
2021 2.23% 1.27%
2020 1.22% -0.01%
2019 1.5% 0.34%
2018 0.99% 0.99%
2017 0.3% 1.37%
2016 0.14% 0.61%
2015 -0.84% 0.49%
2014 0.8% -0.28%
2013 -0.05% 0.27%
2012 1.36% 2.77%
2011 1.13% 3.65%
2010 3% 1.4%
2009 0.006% -0.84%
2008 6.36% 2.59%
2007 3.63% 2.45%
2006 2.2% 3.11%
2005 1.68% 2.28%
2004 2.39% 2.37%
2003 1.45% 3.22%
2002 0.17% 3.6%
2001 1.3% 4.37%
2000 0.86% 2.85%
1999 1.18% 2.34%
1998 1% 2.57%
1997 2.44% 2.34%

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

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

Over the past 29 years, Dominica has recorded an average annual inflation rate of 1.71%, compared with 2.17% in Portugal. In 2025, inflation was 2.53% in Dominica and 2.34% in Portugal.

Top exports between countries

Dominica
Export category Export value
Portugal
Export category Export value
Machinery & equipment $725K
Metals $194K
Textiles & consumer goods $183K
Raw materials & minerals $16K
Processed food, beverages & tobacco $3K

Balance of trade

Dominica Portugal
Current account balance
-$275M
2025
$6.51B
2024
Current account balance ranking
94/190
2025
30/190
2024
Current account balance, % of GDP
-38%
2025
+2.08%
2024
Goods imports
$275M
2025
$109B
2024
Goods exports
$29.8M
2025
$81.4B
2024
Service imports
$208M
2025
$27.9B
2024
Service exports
$181M
2025
$62.7B
2024
Imports of goods and services, % of GDP n/a
42.7%
2025
Exports of goods and services, % of GDP
8.5%
2026
43.7%
2025

Economic freedom indices

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

Dominica Portugal
Economic freedom 56.1 71.2
Economic freedom ranking 124/197 33/197
Property rights 65.8 88.9
Government integrity 61.2 63.4
Judicial effectiveness 77.3 90.1
Tax burden 76.1 60.6
Government spending 0 44.6
Fiscal health 45.6 82
Business freedom 66.2 83.1
Labor freedom 49.8 54.8
Monetary freedom 77.7 77.7
Trade freedom 53.2 79.4
Investment freedom 60 70
Financial freedom 40 60

Economic freedom comparison by year

Dominica
Portugal
1x
Year Economic freedom index
Dominica Portugal
2026 56.1 71.2
2025 55.3 70.5
2024 54 68.7
2023 59.7 69.5
2022 54.4 70.8
2021 53 67.5
2020 60.8 67
2019 63.6 65.3
2018 64.5 63.4
2017 63.7 62.6
2016 67 65.1
2015 66.1 65.3
2014 65.2 63.5
2013 63.9 63.1
2012 61.6 63
2011 63.3 64
2010 63.2 64.4
2009 62.6 64.9
2008 - 63.9
2007 - 64
2006 - 62.9
2005 - 62.4
2004 - 64.9
2003 - 64.9
2002 - 65.4
2001 - 66
2000 - 65.5
1999 - 65.6
1998 - 65
1997 - 63.6
1996 - 64.5
1995 - 62.4

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

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

The Economic Freedom Index for Dominica is 56.1, ranking 124/197, compared to 71.2 for Portugal, ranking 33/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Dominica Portugal
Services, % of GDP
57.2%
2025
66.6%
2025
Industry, % of GDP
14.1%
2025
18.3%
2025
Agriculture, forestry, and fishing, % of GDP
12.1%
2025
1.96%
2025
GNI, Atlas method
$704M
2025
$323B
2025
GNI per capita, PPP
$22,130
2025
$52,240
2025
Total reserves including gold
$165M
2025
$68.8B
2025
Total reserves ranking
172/177
2025
39/177
2025
Net foreign direct investment
-$49.5M
2025
-$6.64B
2024
Net inflows of foreign direct investment
$60M
2024
$13.5B
2024
Net outflows of foreign direct investment
-$401K
2024
$6.84B
2024
Servicing debt to the IMF, % of GNI
9.81%
2024
n/a
Poverty at national poverty lines
29%
2020
16.4%
2021
Gross capital formation, % of GDP n/a
21%
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/portugal | 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 (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, 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 (2022–2025, 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.