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Economy of Dominica vs Syria compared: GDP & Debt

Updated on by Georank

Dominica has a GDP of $724M compared to $20B for Syria, ranking 190/197 and 134/197 by economy size, respectively.

Dominica has $743M in government debt (102.6% of GDP), compared to $18.4B (30% of GDP) in Syria.

Dominica vs Syria GDP by year

Dominica
Syria
1x
Year GDP, current $
Dominica Syria
2025 $723,859,259 -
2024 $688,881,481 -
2023 $659,311,111 $19,993,439,950
2022 $623,062,963 $23,737,634,644
2021 $562,911,111 $14,892,885,528
2020 $528,944,444 $12,501,503,673
2019 $644,259,259 $22,583,046,645
2018 $628,244,444 $21,497,779,248
2017 $563,355,556 $16,369,842,725
2016 $612,711,111 $12,597,854,088
2015 $583,177,778 $16,466,861,435
2014 $572,255,556 $21,502,061,466
2013 $545,325,926 $21,361,254,635
2012 $520,355,556 $43,190,318,033
2011 $532,081,481 $67,539,433,544
2010 $519,859,259 $61,390,833,273
2009 $515,618,519 $54,111,721,044
2008 $480,003,704 $52,557,913,397
2007 $444,685,185 $40,465,331,020
2006 $416,674,074 $33,751,812,959
2005 $391,455,556 $28,858,937,499
2004 $396,711,111 $25,086,910,448
2003 $373,318,519 $21,828,144,686
2002 $375,200,000 $20,786,986,580
2001 $377,462,963 $20,078,599,626
2000 $333,470,370 $18,937,031,610
1999 $331,759,259 $15,873,875,969
1998 $322,411,111 $15,200,846,154
1997 $302,988,889 $14,505,233,463
1996 $292,285,185 $13,789,560,878
1995 $274,522,222 $11,396,706,587
1994 $264,374,074 $10,122,020,000
1993 $245,525,926 $13,695,962,055
1992 $234,059,259 $13,253,565,861
1991 $219,762,963 $12,981,833,333
1990 $201,429,630 $12,308,624,418
1989 $185,137,243 $9,853,395,762
1988 $171,106,184 $10,577,041,645
1987 $151,868,754 $11,356,215,543
1986 $135,161,959 $13,293,205,278
1985 $119,491,933 $16,403,539,893
1984 $109,157,071 $17,503,078,174
1983 $98,665,191 $17,589,277,143
1982 $89,527,577 $16,298,929,011
1981 $82,107,391 $15,518,201,335
1980 $72,804,653 $13,062,420,382
1979 $55,017,759 $9,929,681,529
1978 $57,130,216 $9,275,200,458
1977 $45,872,947 $7,696,011,396
1976 - $7,633,528,867
1975 - $6,826,980,444
1974 - $5,159,557,148
1973 - $3,239,487,516
1972 - $3,059,681,698
1971 - $2,589,851,325
1970 - $2,140,384,010
1969 - $2,245,011,515
1968 - $1,753,746,430
1967 - $1,580,229,799
1966 - $1,342,287,553
1965 - $1,472,036,540
1964 - $1,339,494,267
1963 - $1,200,447,408
1962 - $1,110,565,881
1961 - $945,244,972
1960 - $857,704,413

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

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

GDP per capita in Dominica vs Syria by year

Dominica
GDP per capita

GDP per capita, PPP
Syria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominica Syria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,989 - - -
2024 $10,405 $21,301 - -
2023 $9,913 $20,286 $847 $4,650
2022 $9,324 $18,802 $1,057 $4,772
2021 $8,376 $15,809 $689 $4,593
2020 $7,828 $14,244 $594 $3,738
2019 $9,491 $16,021 $1,110 $3,502
2018 $9,215 $15,070 $1,098 $3,456
2017 $8,225 $12,696 $852 $3,265
2016 $8,803 $12,945 $656 -
2015 $8,283 $12,093 $848 -
2014 $8,132 $12,083 $1,061 -
2013 $7,822 $11,286 $986 -
2012 $7,529 $10,921 $1,898 -
2011 $7,705 $11,123 $2,952 -
2010 $7,550 $10,924 $2,731 -
2009 $7,487 $10,804 $2,462 -
2008 $6,971 $10,862 $2,429 -
2007 $6,459 $9,949 $1,938 -
2006 $6,056 $9,200 $1,719 -
2005 $5,695 $8,557 $1,534 -
2004 $5,779 $8,232 $1,368 -
2003 $5,447 $7,714 $1,220 -
2002 $5,488 $7,167 $1,190 -
2001 $5,528 $7,291 $1,178 -
2000 $4,867 $7,111 $1,138 -
1999 $4,817 $6,759 $978 -
1998 $4,664 $6,617 $961 -
1997 $4,372 $6,290 $941 -
1996 $4,211 $6,041 $918 -
1995 $3,952 $5,749 $780 -
1994 $3,805 $5,465 $712 -
1993 $3,536 $5,352 $993 -
1992 $3,376 $5,125 $990 -
1991 $3,171 $4,914 $1,000 -
1990 $2,893 $4,667 $978 -
1989 $2,639 - $809 -
1988 $2,423 - $898 -
1987 $2,138 - $997 -
1986 $1,893 - $1,208 -
1985 $1,666 - $1,544 -
1984 $1,515 - $1,706 -
1983 $1,363 - $1,776 -
1982 $1,232 - $1,703 -
1981 $1,125 - $1,676 -
1980 $996 - $1,458 -
1979 $754 - $1,146 -
1978 $786 - $1,108 -
1977 $634 - $951 -
1976 - - $976 -
1975 - - $904 -
1974 - - $707 -
1973 - - $459 -
1972 - - $448 -
1971 - - $393 -
1970 - - $335 -
1969 - - $364 -
1968 - - $293.3 -
1967 - - $272.9 -
1966 - - $239.3 -
1965 - - $270.8 -
1964 - - $254.2 -
1963 - - $234.9 -
1962 - - $223.9 -
1961 - - $196.3 -
1960 - - $183.5 -

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

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

Dominica's GDP per capita is $10,989, ranking 84/197, compared to $847 in Syria, ranking 185/197. Adjusted for purchasing power (GDP per capita PPP), Dominica ranks 91st at $21,301, while Syria ranks 160th at $4,650.

Economic indicators

Dominica Syria
Gross domestic product
$724M
2025
$20B
2023
GDP rank
190/197
2025
134/197
2023
GDP growth
3.05%
2024-2025
-1.85%
2022-2023
GDP per capita
$10,989
2025
$847
2023
GDP per capita rank
84/197
2025
185/197
2023
GDP per capita, PPP
$21,301
2024
$4,650
2023
GDP per capita PPP rank
91/197
2024
160/197
2023
Government debt
$743M
2025
$18.4B
2010
Debt-to-GDP ratio
102.6%
2025
30%
2010
Government debt per person
$11,275
2025
$820
2010
Government debt per person rank
54/185
2025
150/185
2010
Average annual personal income after taxes
$6,105
2026
$693
2026
Income share by richest 10% n/a
20.9%
2022
Income share by poorest 10% n/a
3.8%
2022
Government expenditure, % of GDP
55.4%
2025
28.6%
2010
Consumer prices inflation
2.53%
2024-2025
13.4%
2018-2019
Unemployment rate
11%
2001
14.9%
2011
Population
65501
26956472

Spending and national debt comparison by year

Dominica
Spending

Debt
Syria
Spending

Debt
1x
Year % of GDP
Dominica Syria
Government spending Government debt Government spending Government debt
2025 55.4% 102.6% - -
2024 67.4% 108.2% - -
2023 64.8% 101.3% - -
2022 69.7% 110% - -
2021 67% 116.3% - -
2020 66.8% 118.4% - -
2019 48.3% 97.8% - -
2018 63.4% 85.7% - -
2017 54% 84.2% - -
2016 48% 76.9% - -
2015 32.4% 68.2% - -
2014 32.7% 71.3% - -
2013 33.4% 73.9% - -
2012 36.2% 73.1% - -
2011 35.2% 69.7% - -
2010 39.4% 66.8% 28.6% 30%
2009 35.9% 62.5% 26.7% 31.2%
2008 34.7% 64.4% 22.9% 37.3%
2007 34.1% 71.8% 25.7% 42.7%
2006 29.7% 77.4% 26.3% 45%
2005 31% 82% 28.2% 50.7%
2004 30.2% 86.2% 31.3% 113%
2003 30.1% 94.9% 32.6% 133.4%
2002 28.6% 97.9% 28.5% 132.4%
2001 29.6% 98.5% 28% 144.5%
2000 38.5% 68.9% 27.4% 152.1%
1999 35.2% 61.8% 28% 147.7%
1998 33% 56.3% 28.8% 151.2%
1997 28.2% 47.7% 29% 147.6%
1996 28.5% 53.7% 27.7% 141.5%
1995 28.8% 57.4% 29.8% 152.6%
1994 27.2% 55.9% 30.3% 163%
1993 25.2% 53.4% 29.4% 171.9%
1992 27.4% 54% 34.2% 173.6%
1991 29% 56.9% 34.3% 182.4%
1990 31.5% 54.1% 28.3% 189.8%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Dominica's government spending was $401M, accounting for 55.4% of its GDP, while Syria spent $17.6B, or 28.6% of GDP.

Debt-to-GDP ratio is 102.6% in Dominica and 30% in Syria, ranking 20/185 and 155/185, respectively.

Government deficit by year

Deficit/surplus
Dominica

Syria
1x
Year Deficit/surplus, % of GDP
Dominica Syria
2025 -1.35% -
2024 -6.75% -
2023 -4.52% -
2022 -7.18% -
2021 -8.22% -
2020 -7.53% -
2019 -8.72% -
2018 -17.2% -
2017 -3.27% -
2016 11.6% -
2015 11.4% -
2014 -5.54% -
2013 -2.88% -
2012 -5.41% -
2011 -4.4% -
2010 -3.38% -7.79%
2009 -0.31% -2.89%
2008 0.7% -2.86%
2007 1.8% -2.99%
2006 2.93% -1.12%
2005 0.95% -4.41%
2004 -0.67% -4.18%
2003 0.85% -2.7%
2002 -4.07% -2.02%
2001 -6.54% 2.3%
2000 -8.66% -1.36%
1999 -9.18% -1.47%
1998 -5.99% -2.81%
1997 -2.24% -1.78%
1996 -1.59% -2.83%
1995 -2.88% -3.81%
1994 -3.35% -6%
1993 -1.41% -4.96%
1992 -2.22% -7.26%
1991 -2.99% -6.57%
1990 -4.66% -3.92%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2010, Dominica's government deficit, the difference between spending and revenue, was $17.6M, equivalent to 3.38% of GDP. This compares to Syria's deficit of $4.78B, or 7.79% of GDP.

Over the past 21 years, Dominica recorded a fiscal deficit in 16 of those years, while Syria ran a deficit in 20 years. On average, Dominica posted an annual deficit equal to 2.52% of GDP, compared to deficit of 3.4% of GDP for Syria.

Inflation comparison by year

Inflation
Dominica

Syria
1x
Year Consumer prices inflation
Dominica Syria
2025 2.53% -
2024 2.74% -
2023 5.09% -
2022 2.88% -
2021 2.23% -
2020 1.22% -
2019 1.5% 13.4%
2018 0.99% 0.94%
2017 0.3% 18.1%
2016 0.14% 47.7%
2015 -0.84% 38.5%
2014 0.8% 10.9%
2013 -0.05% 40%
2012 1.36% 36.7%
2011 1.13% 4.75%
2010 3% 4.4%
2009 0.006% 2.92%
2008 6.36% 15.7%
2007 3.63% 3.91%
2006 2.2% 10%
2005 1.68% 7.24%
2004 2.39% 4.43%
2003 1.45% 5.8%
2002 0.17% -0.13%
2001 1.3% 3%
2000 0.86% -3.85%
1999 1.18% -3.7%
1998 1% -0.8%
1997 2.44% 1.89%

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

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

Over the past 23 years, Dominica has recorded an average annual inflation rate of 1.43%, compared with 11.4% in Syria. In 2019, inflation was 2.53% in Dominica and 13.4% in Syria.

Balance of trade

Dominica Syria
Current account balance
-$275M
2025
-$367M
2010
Current account balance ranking
94/190
2025
99/190
2010
Current account balance, % of GDP
-38%
2025
-0.6%
2010
Goods imports
$275M
2025
$15.9B
2010
Goods exports
$29.8M
2025
$12.3B
2010
Service imports
$208M
2025
$3.53B
2010
Service exports
$181M
2025
$7.33B
2010
Imports of goods and services, % of GDP n/a
28.7%
2022
Exports of goods and services, % of GDP
8.5%
2026
6.78%
2022

Economic freedom indices

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

Dominica Syria
Economic freedom 56.1 51.2
Economic freedom ranking 124/197 155/197
Property rights 65.8 4
Government integrity 61.2 3.6
Judicial effectiveness 77.3 3.7
Tax burden 76.1 87.3
Government spending 0 78.5
Fiscal health 45.6 13.8
Business freedom 66.2 33.8
Labor freedom 49.8 37.2
Monetary freedom 77.7 80
Trade freedom 53.2 47
Investment freedom 60 0
Financial freedom 40 20

Economic freedom comparison by year

Dominica
Syria
1x
Year Economic freedom index
Dominica Syria
2026 56.1 -
2025 55.3 -
2024 54 -
2023 59.7 -
2022 54.4 -
2021 53 -
2020 60.8 -
2019 63.6 -
2018 64.5 -
2017 63.7 -
2016 67 -
2015 66.1 -
2014 65.2 -
2013 63.9 -
2012 61.6 51.2
2011 63.3 51.3
2010 63.2 49.4
2009 62.6 51.3
2008 - 47.2
2007 - 48.3
2006 - 51.2
2005 - 46.3
2004 - 40.6
2003 - 41.3
2002 - 36.3
2001 - 36.6
2000 - 37.2
1999 - 39
1998 - 42.2
1997 - 43
1996 - 42.3

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Dominica is 56.1, ranking 124/197, compared to 51.2 for Syria, ranking 155/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Dominica Syria
Services, % of GDP
57.2%
2025
44.7%
2022
Industry, % of GDP
14.1%
2025
11.9%
2022
Agriculture, forestry, and fishing, % of GDP
12.1%
2025
42.9%
2022
GNI, Atlas method
$704M
2025
$18.2B
2023
GNI per capita, PPP
$22,130
2025
$4,480
2023
Total reserves including gold
$165M
2025
$20.6B
2010
Total reserves ranking
172/177
2025
66/177
2010
Net foreign direct investment
-$49.5M
2025
-$1.47B
2010
Net inflows of foreign direct investment
$60M
2024
$0
2024
Net outflows of foreign direct investment
-$401K
2024
$0
2024
Servicing debt to the IMF, % of GNI
9.81%
2024
0.15%
2023
Poverty at national poverty lines
29%
2020
35.2%
2007
Gross capital formation, % of GDP n/a
16%
1969

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/syria | CC BY

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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. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, 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.

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.