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Economy of Dominica vs Tanzania compared: GDP & Debt

Updated on by Georank

Dominica has a GDP of $724M compared to $90.1B for Tanzania, ranking 190/197 and 83/197 by economy size, respectively.

Dominica has $743M in government debt (102.6% of GDP), compared to $44.8B (49.7% of GDP) in Tanzania.

Dominica vs Tanzania GDP by year

Dominica
Tanzania
1x
Year GDP, current $
Dominica Tanzania
2025 $723,859,259 $90,143,496,090
2024 $688,881,481 $79,235,713,445
2023 $659,311,111 $79,030,935,638
2022 $623,062,963 $75,749,121,847
2021 $562,911,111 $70,655,628,148
2020 $528,944,444 $66,068,737,786
2019 $644,259,259 $61,026,731,926
2018 $628,244,444 $57,003,712,892
2017 $563,355,556 $53,274,884,533
2016 $612,711,111 $49,774,409,374
2015 $583,177,778 $47,413,919,817
2014 $572,255,556 $49,986,726,461
2013 $545,325,926 $45,648,857,242
2012 $520,355,556 $39,650,394,363
2011 $532,081,481 $34,657,140,096
2010 $519,859,259 $32,012,892,919
2009 $515,618,519 $29,400,573,554
2008 $480,003,704 $27,947,821,398
2007 $444,685,185 $21,860,434,823
2006 $416,674,074 $18,619,859,795
2005 $391,455,556 $18,395,383,647
2004 $396,711,111 $16,673,062,473
2003 $373,318,519 $15,211,487,709
2002 $375,200,000 $14,129,651,896
2001 $377,462,963 $13,563,990,022
2000 $333,470,370 $13,371,767,082
1999 $331,759,259 $12,704,334,196
1998 $322,411,111 $12,172,790,056
1997 $302,988,889 $11,158,197,942
1996 $292,285,185 $9,433,528,150
1995 $274,522,222 $7,631,431,840
1994 $264,374,074 $6,550,480,484
1993 $245,525,926 $6,182,872,708
1992 $234,059,259 $6,681,997,469
1991 $219,762,963 $7,197,768,159
1990 $201,429,630 $6,184,384,225
1989 $185,137,243 $6,418,799,007
1988 $171,106,184 $7,406,614,407
1987 $151,868,754 $7,824,193,222
1986 $135,161,959 $10,840,864,521
1985 $119,491,933 $15,328,295,175
1984 $109,157,071 $12,906,635,133
1983 $98,665,191 $14,049,883,809
1982 $89,527,577 $13,927,383,240
1981 $82,107,391 $13,161,540,378
1980 $72,804,653 $11,409,228,087
1979 $55,017,759 $9,804,637,491
1978 $57,130,216 $9,261,675,710
1977 $45,872,947 $7,732,598,995
1976 - $6,472,511,988
1975 - $5,729,917,840
1974 - $4,977,337,978
1973 - $4,144,104,535
1972 - $3,472,787,266
1971 - $3,050,673,517
1970 - $2,851,419,386
1969 - $5,142,066,811
1968 - $4,895,251,824
1967 - $4,565,132,048
1966 - $4,377,998,825
1965 - $3,817,226,546
1964 - $3,748,840,925
1963 - $3,456,579,293
1962 - $3,101,589,993
1961 - $2,826,179,031
1960 - $2,651,729,807

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

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

GDP per capita in Dominica vs Tanzania by year

Dominica
GDP per capita

GDP per capita, PPP
Tanzania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominica Tanzania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,989 - $1,278 -
2024 $10,405 $21,301 $1,156 $4,221
2023 $9,913 $20,286 $1,186 $4,019
2022 $9,324 $18,802 $1,171 $3,800
2021 $8,376 $15,809 $1,125 $3,493
2020 $7,828 $14,244 $1,084 $3,291
2019 $9,491 $16,021 $1,031 $2,982
2018 $9,215 $15,070 $992 $2,728
2017 $8,225 $12,696 $957 $2,472
2016 $8,803 $12,945 $925 $2,435
2015 $8,283 $12,093 $911 $2,317
2014 $8,132 $12,083 $993 $2,221
2013 $7,822 $11,286 $935 $2,176
2012 $7,529 $10,921 $837 $2,083
2011 $7,705 $11,123 $753 $2,211
2010 $7,550 $10,924 $715 $2,069
2009 $7,487 $10,804 $674 $1,972
2008 $6,971 $10,862 $657 $1,908
2007 $6,459 $9,949 $528 $1,820
2006 $6,056 $9,200 $462 $1,707
2005 $5,695 $8,557 $469 $1,598
2004 $5,779 $8,232 $438 $1,482
2003 $5,447 $7,714 $410 $1,379
2002 $5,488 $7,167 $391 $1,302
2001 $5,528 $7,291 $385 $1,229
2000 $4,867 $7,111 $390 $1,164
1999 $4,817 $6,759 $382 $1,120
1998 $4,664 $6,617 $375 $1,082
1997 $4,372 $6,290 $353 $1,059
1996 $4,211 $6,041 $305 $1,026
1995 $3,952 $5,749 $251.2 $981
1994 $3,805 $5,465 $222.5 $958
1993 $3,536 $5,352 $218.2 $959
1992 $3,376 $5,125 $243.4 $955
1991 $3,171 $4,914 $268.8 $952
1990 $2,893 $4,667 $236.9 $925
1989 $2,639 - $252.3 -
1988 $2,423 - $299 -
1987 $2,138 - $326 -
1986 $1,893 - $466 -
1985 $1,666 - $681 -
1984 $1,515 - $593 -
1983 $1,363 - $667 -
1982 $1,232 - $683 -
1981 $1,125 - $665 -
1980 $996 - $595 -
1979 $754 - $527 -
1978 $786 - $515 -
1977 $634 - $446 -
1976 - - $387 -
1975 - - $355 -
1974 - - $320 -
1973 - - $276.1 -
1972 - - $239.8 -
1971 - - $218.4 -
1970 - - $211.3 -
1969 - - $394 -
1968 - - $388 -
1967 - - $374 -
1966 - - $370 -
1965 - - $333 -
1964 - - $337 -
1963 - - $320 -
1962 - - $295.7 -
1961 - - $277.4 -
1960 - - $267.8 -

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

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

Dominica's GDP per capita is $10,989, ranking 84/197, compared to $1,278 in Tanzania, ranking 171/197. Adjusted for purchasing power (GDP per capita PPP), Dominica ranks 91st at $21,301, while Tanzania ranks 165th at $4,221.

Economic indicators

Dominica Tanzania
Gross domestic product
$724M
2025
$90.1B
2025
GDP rank
190/197
2025
83/197
2025
GDP growth
3.05%
2024-2025
5.85%
2024-2025
GDP per capita
$10,989
2025
$1,278
2025
GDP per capita rank
84/197
2025
171/197
2025
GDP per capita, PPP
$21,301
2024
$4,221
2024
GDP per capita PPP rank
91/197
2024
165/197
2024
Government debt
$743M
2025
$44.8B
2025
Debt-to-GDP ratio
102.6%
2025
49.7%
2025
Government debt per person
$11,275
2025
$635
2025
Government debt per person rank
54/185
2025
159/185
2025
Average annual personal income after taxes
$6,105
2026
$1,203
2026
Market capitalization of domestic companies n/a
$9.78B
2025
Number of billionaires n/a
1
2026
Income share by richest 10% n/a
33.1%
2018
Income share by poorest 10% n/a
2.9%
2018
Government expenditure, % of GDP
55.4%
2025
19.9%
2025
Consumer prices inflation
2.53%
2024-2025
3.33%
2024-2025
Central bank interest rate n/a
5.75%
2025
Unemployment rate
11%
2001
2.43%
2024
Population
65501
73639263

Spending and national debt comparison by year

Dominica
Spending

Debt
Tanzania
Spending

Debt
1x
Year % of GDP
Dominica Tanzania
Government spending Government debt Government spending Government debt
2025 55.4% 102.6% 19.9% 49.7%
2024 67.4% 108.2% 19.1% 49.9%
2023 64.8% 101.3% 19% 47.8%
2022 69.7% 110% 19.1% 44.9%
2021 67% 116.3% 18.4% 43.4%
2020 66.8% 118.4% 17.4% 41.3%
2019 48.3% 97.8% 17.3% 40.4%
2018 63.4% 85.7% 17.3% 42%
2017 54% 84.2% 16.4% 40.1%
2016 48% 76.9% 16.9% 39.8%
2015 32.4% 68.2% 17.2% 39.5%
2014 32.7% 71.3% 17.3% 36.4%
2013 33.4% 73.9% 18.8% 32.7%
2012 36.2% 73.1% 19.6% 30%
2011 35.2% 69.7% 19% 28.4%
2010 39.4% 66.8% 19.8% 27.6%
2009 35.9% 62.5% 19.6% 23.9%
2008 34.7% 64.4% 18.1% 21.6%
2007 34.1% 71.8% 17.8% 23.8%
2006 29.7% 77.4% 17.6% 17.4%
2005 31% 82% 18.3% 25.4%
2004 30.2% 86.2% 17% 44.5%
2003 30.1% 94.9% 15.4% 44.4%
2002 28.6% 97.9% 13.6% 47.4%
2001 29.6% 98.5% 12.4% 50.8%
2000 38.5% 68.9% 12.3% 55.4%
1999 35.2% 61.8% 12.8% 62.9%
1998 33% 56.3% 11.4% 62.2%
1997 28.2% 47.7% 12.8% 73.4%
1996 28.5% 53.7% 13.4% 89.6%
1995 28.8% 57.4% 15.6% 111.1%
1994 27.2% 55.9% 16.8% 126%
1993 25.2% 53.4% 16.4% 129.2%
1992 27.4% 54% 17.6% 117.6%
1991 29% 56.9% 14.2% 106.5%
1990 31.5% 54.1% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1991–2000, retrieved 2026-07-08).

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

In 2025, Dominica's government spending was $401M, accounting for 55.4% of its GDP, while Tanzania spent $18B, or 19.9% of GDP.

Debt-to-GDP ratio is 102.6% in Dominica and 49.7% in Tanzania, ranking 20/185 and 105/185, respectively.

Government deficit by year

Deficit/surplus
Dominica

Tanzania
1x
Year Deficit/surplus, % of GDP
Dominica Tanzania
2025 -1.35% -3.04%
2024 -6.75% -3.03%
2023 -4.52% -3.67%
2022 -7.18% -3.92%
2021 -8.22% -3.55%
2020 -7.53% -2.56%
2019 -8.72% -2.06%
2018 -17.2% -2.01%
2017 -3.27% -1.14%
2016 11.6% -2.08%
2015 11.4% -3.17%
2014 -5.54% -2.91%
2013 -2.88% -3.76%
2012 -5.41% -4%
2011 -4.4% -3.51%
2010 -3.38% -4.74%
2009 -0.31% -4.46%
2008 0.7% -1.92%
2007 1.8% -1.44%
2006 2.93% -3.38%
2005 0.95% -3.28%
2004 -0.67% -2.43%
2003 0.85% -1.77%
2002 -4.07% -0.73%
2001 -6.54% -0.41%
2000 -8.66% -0.73%
1999 -9.18% -1.14%
1998 -5.99% 0.13%
1997 -2.24% -0.03%
1996 -1.59% 1.57%
1995 -2.88% -2.12%
1994 -3.35% -3.74%
1993 -1.41% -2.02%
1992 -2.22% -4.96%
1991 -2.99% 0.6%
1990 -4.66% -

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

GeoRank.org/economy/dominica/tanzania | 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 Tanzania's deficit of $2.74B, or 3.04% of GDP.

Over the past 35 years, Dominica recorded a fiscal deficit in 28 of those years, while Tanzania ran a deficit in 32 years. On average, Dominica posted an annual deficit equal to 3.09% of GDP, compared to deficit of 2.33% of GDP for Tanzania.

Inflation comparison by year

Inflation
Dominica

Tanzania
1x
Year Consumer prices inflation
Dominica Tanzania
2025 2.53% 3.33%
2024 2.74% 3.06%
2023 5.09% 3.8%
2022 2.88% 4.35%
2021 2.23% 3.69%
2020 1.22% 3.29%
2019 1.5% 3.46%
2018 0.99% 3.49%
2017 0.3% 5.32%
2016 0.14% 5.17%
2015 -0.84% 5.59%
2014 0.8% 6.13%
2013 -0.05% 7.87%
2012 1.36% 16%
2011 1.13% 12.7%
2010 3% 6.2%
2009 0.006% 12.1%
2008 6.36% 10.3%
2007 3.63% 7.03%
2006 2.2% 7.25%
2005 1.68% 5.03%
2004 2.39% 4.74%
2003 1.45% 5.3%
2002 0.17% 5.32%
2001 1.3% 5.15%
2000 0.86% 5.92%
1999 1.18% 7.89%
1998 1% 12.8%
1997 2.44% 16.1%

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

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

Over the past 29 years, Dominica has recorded an average annual inflation rate of 1.71%, compared with 6.84% in Tanzania. In 2025, inflation was 2.53% in Dominica and 3.33% in Tanzania.

Balance of trade

Dominica Tanzania
Current account balance
-$275M
2025
-$2.38B
2024
Current account balance ranking
94/190
2025
144/190
2024
Current account balance, % of GDP
-38%
2025
-3%
2024
Goods imports
$275M
2025
$14.2B
2024
Goods exports
$29.8M
2025
$9.12B
2024
Service imports
$208M
2025
$2.8B
2024
Service exports
$181M
2025
$6.85B
2024
Imports of goods and services, % of GDP n/a
20%
2025
Exports of goods and services, % of GDP
8.5%
2026
19%
2025

Economic freedom indices

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

Dominica Tanzania
Economic freedom 56.1 59
Economic freedom ranking 124/197 106/197
Property rights 65.8 45.2
Government integrity 61.2 40.9
Judicial effectiveness 77.3 29.6
Tax burden 76.1 80.4
Government spending 0 89.1
Fiscal health 45.6 75
Business freedom 66.2 48.1
Labor freedom 49.8 62.3
Monetary freedom 77.7 73.4
Trade freedom 53.2 58.8
Investment freedom 60 55
Financial freedom 40 50

Economic freedom comparison by year

Dominica
Tanzania
1x
Year Economic freedom index
Dominica Tanzania
2026 56.1 59
2025 55.3 59.3
2024 54 59.1
2023 59.7 60
2022 54.4 59.5
2021 53 61.3
2020 60.8 61.7
2019 63.6 60.2
2018 64.5 59.9
2017 63.7 58.6
2016 67 58.5
2015 66.1 57.5
2014 65.2 57.8
2013 63.9 57.9
2012 61.6 57
2011 63.3 57
2010 63.2 58.3
2009 62.6 58.3
2008 - 56.5
2007 - 56.8
2006 - 58.5
2005 - 56.3
2004 - 60.1
2003 - 56.9
2002 - 58.3
2001 - 54.9
2000 - 56
1999 - 60
1998 - 59.6
1997 - 59.3
1996 - 57.5
1995 - 57.3

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

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

The Economic Freedom Index for Dominica is 56.1, ranking 124/197, compared to 59 for Tanzania, ranking 106/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Dominica Tanzania
Services, % of GDP
57.2%
2025
28.8%
2025
Industry, % of GDP
14.1%
2025
29.8%
2025
Agriculture, forestry, and fishing, % of GDP
12.1%
2025
22.9%
2025
GNI, Atlas method
$704M
2025
$87B
2025
GNI per capita, PPP
$22,130
2025
$4,370
2025
Total reserves including gold
$165M
2025
$5.05B
2018
Total reserves ranking
172/177
2025
106/177
2018
Net foreign direct investment
-$49.5M
2025
-$1.72B
2024
Net inflows of foreign direct investment
$60M
2024
$1.72B
2024
Net outflows of foreign direct investment
-$401K
2024
$0
2024
Servicing debt to the IMF, % of GNI
9.81%
2024
2.56%
2024
Poverty at national poverty lines
29%
2020
26.4%
2018
Gross capital formation, % of GDP n/a
40.7%
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/tanzania | 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 (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1991–2000, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)
  8. 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.