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Economy of Dominica vs Tonga compared: GDP & Debt

Updated on by Georank

Dominica has a GDP of $724M compared to $679M for Tonga, ranking 190/197 and 191/197 by economy size, respectively.

Dominica has $743M in government debt (102.6% of GDP), compared to $186M (27.4% of GDP) in Tonga.

Dominica vs Tonga GDP by year

Dominica
Tonga
1x
Year GDP, current $
Dominica Tonga
2025 $723,859,259 $679,218,219
2024 $688,881,481 $647,488,244
2023 $659,311,111 $591,139,734
2022 $623,062,963 $556,514,556
2021 $562,911,111 $519,306,339
2020 $528,944,444 $506,571,487
2019 $644,259,259 $506,031,248
2018 $628,244,444 $493,530,767
2017 $563,355,556 $459,976,847
2016 $612,711,111 $420,828,255
2015 $583,177,778 $437,525,539
2014 $572,255,556 $440,997,735
2013 $545,325,926 $451,788,498
2012 $520,355,556 $471,122,971
2011 $532,081,481 $414,143,828
2010 $519,859,259 $366,887,375
2009 $515,618,519 $312,415,028
2008 $480,003,704 $344,438,844
2007 $444,685,185 $298,519,623
2006 $416,674,074 $292,232,703
2005 $391,455,556 $261,823,805
2004 $396,711,111 $230,678,011
2003 $373,318,519 $202,246,591
2002 $375,200,000 $182,764,281
2001 $377,462,963 $181,117,230
2000 $333,470,370 $204,848,488
1999 $331,759,259 $199,208,718
1998 $322,411,111 $191,504,893
1997 $302,988,889 $214,991,452
1996 $292,285,185 $222,100,576
1995 $274,522,222 $208,871,666
1994 $264,374,074 $195,990,986
1993 $245,525,926 $138,489,884
1992 $234,059,259 $137,066,291
1991 $219,762,963 $132,201,141
1990 $201,429,630 $113,563,822
1989 $185,137,243 $106,344,855
1988 $171,106,184 $106,657,267
1987 $151,868,754 $81,667,133
1986 $135,161,959 $68,195,856
1985 $119,491,933 $60,058,663
1984 $109,157,071 $64,248,355
1983 $98,665,191 $60,863,964
1982 $89,527,577 $62,068,161
1981 $82,107,391 $62,242,013
1980 $72,804,653 $53,260,077
1979 $55,017,759 $44,667,002
1978 $57,130,216 $41,567,472
1977 $45,872,947 $34,139,388
1976 - $30,036,417
1975 - $32,506,742

Data sources: World Bank | Economy & Growth (1975–2025, retrieved 2026-07-08).

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

GDP per capita in Dominica vs Tonga by year

Dominica
GDP per capita

GDP per capita, PPP
Tonga
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominica Tonga
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,989 - $6,547 -
2024 $10,405 $21,301 $6,215 -
2023 $9,913 $20,286 $5,652 $7,803
2022 $9,324 $18,802 $5,298 $7,296
2021 $8,376 $15,809 $4,923 $6,929
2020 $7,828 $14,244 $4,792 $6,676
2019 $9,491 $16,021 $4,789 $6,473
2018 $9,215 $15,070 $4,675 $6,393
2017 $8,225 $12,696 $4,366 $6,229
2016 $8,803 $12,945 $3,988 $5,920
2015 $8,283 $12,093 $4,124 $5,472
2014 $8,132 $12,083 $4,137 $5,336
2013 $7,822 $11,286 $4,219 $5,120
2012 $7,529 $10,921 $4,384 $4,996
2011 $7,705 $11,123 $3,850 $4,855
2010 $7,550 $10,924 $3,416 $4,465
2009 $7,487 $10,804 $2,914 $4,384
2008 $6,971 $10,862 $3,218 $4,600
2007 $6,459 $9,949 $2,797 $4,316
2006 $6,056 $9,200 $2,750 $4,327
2005 $5,695 $8,557 $2,478 $4,315
2004 $5,779 $8,232 $2,195 $4,235
2003 $5,447 $7,714 $1,936 $4,231
2002 $5,488 $7,167 $1,759 $4,171
2001 $5,528 $7,291 $1,754 $3,955
2000 $4,867 $7,111 $1,995 $3,834
1999 $4,817 $6,759 $1,952 $3,636
1998 $4,664 $6,617 $1,889 $3,527
1997 $4,372 $6,290 $2,136 $3,434
1996 $4,211 $6,041 $2,215 $3,410
1995 $3,952 $5,749 $2,084 $3,347
1994 $3,805 $5,465 $1,957 $3,088
1993 $3,536 $5,352 $1,383 $2,882
1992 $3,376 $5,125 $1,370 $2,716
1991 $3,171 $4,914 $1,323 $2,652
1990 $2,893 $4,667 $1,139 $2,416
1989 $2,639 - $1,070 -
1988 $2,423 - $1,078 -
1987 $2,138 - $830 -
1986 $1,893 - $696 -
1985 $1,666 - $613 -
1984 $1,515 - $656 -
1983 $1,363 - $621 -
1982 $1,232 - $633 -
1981 $1,125 - $636 -
1980 $996 - $545 -
1979 $754 - $458 -
1978 $786 - $428 -
1977 $634 - $353 -
1976 - - $315 -
1975 - - $349 -

Data sources: World Bank | Economy & Growth (1975–2025, retrieved 2026-07-08).

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

Dominica's GDP per capita is $10,989, ranking 84/197, compared to $6,547 in Tonga, ranking 110/197. Adjusted for purchasing power (GDP per capita PPP), Dominica ranks 91st at $21,301, while Tonga ranks 144th at $7,803.

Economic indicators

Dominica Tonga
Gross domestic product
$724M
2025
$679M
2025
GDP rank
190/197
2025
191/197
2025
GDP growth
3.05%
2024-2025
2.8%
2024-2025
GDP per capita
$10,989
2025
$6,547
2025
GDP per capita rank
84/197
2025
110/197
2025
GDP per capita, PPP
$21,301
2024
$7,803
2023
GDP per capita PPP rank
91/197
2024
144/197
2023
Government debt
$743M
2025
$186M
2025
Debt-to-GDP ratio
102.6%
2025
27.4%
2025
Government debt per person
$11,275
2025
$1,793
2025
Government debt per person rank
54/185
2025
123/185
2025
Average annual personal income after taxes
$6,105
2026
$4,104
2026
Income share by richest 10% n/a
22%
2021
Income share by poorest 10% n/a
4%
2021
Government expenditure, % of GDP
55.4%
2025
46.8%
2025
Consumer prices inflation
2.53%
2024-2025
5.59%
2024-2025
Unemployment rate
11%
2001
1.65%
2023
Population
65501
103283

Spending and national debt comparison by year

Dominica
Spending

Debt
Tonga
Spending

Debt
1x
Year % of GDP
Dominica Tonga
Government spending Government debt Government spending Government debt
2025 55.4% 102.6% 46.8% 27.4%
2024 67.4% 108.2% 44.3% 31.9%
2023 64.8% 101.3% 41.5% 37.2%
2022 69.7% 110% 41.3% 40.2%
2021 67% 116.3% 44.5% 43%
2020 66.8% 118.4% 37.1% 41.7%
2019 48.3% 97.8% 39% 41.8%
2018 63.4% 85.7% 39.3% 45.5%
2017 54% 84.2% 39.7% 44.7%
2016 48% 76.9% 37.2% 49.4%
2015 32.4% 68.2% 37.4% 51.1%
2014 32.7% 71.3% 31.5% 47.4%
2013 33.4% 73.9% 34.3% 48.9%
2012 36.2% 73.1% 32% 60%
2011 35.2% 69.7% 32.6% 51.9%
2010 39.4% 66.8% 28.4% 44.7%
2009 35.9% 62.5% 23.9% 39.7%
2008 34.7% 64.4% 24% 34%
2007 34.1% 71.8% 23.2% 37.8%
2006 29.7% 77.4% 25.6% 39.6%
2005 31% 82% 19.8% 43.3%
2004 30.2% 86.2% 19.3% 52.2%
2003 30.1% 94.9% 20% 56.2%
2002 28.6% 97.9% 21.3% 60.7%
2001 29.6% 98.5% 19.1% 53.4%
2000 38.5% 68.9% 20% 43.6%
1999 35.2% 61.8% 18.8% 38.4%
1998 33% 56.3% - -
1997 28.2% 47.7% - -
1996 28.5% 53.7% - -
1995 28.8% 57.4% - -
1994 27.2% 55.9% - -
1993 25.2% 53.4% - -
1992 27.4% 54% - -
1991 29% 56.9% - -
1990 31.5% 54.1% - -

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

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

In 2025, Dominica's government spending was $401M, accounting for 55.4% of its GDP, while Tonga spent $318M, or 46.8% of GDP.

Debt-to-GDP ratio is 102.6% in Dominica and 27.4% in Tonga, ranking 20/185 and 162/185, respectively.

Government deficit by year

Deficit/surplus
Dominica

Tonga
1x
Year Deficit/surplus, % of GDP
Dominica Tonga
2025 -1.35% 4.86%
2024 -6.75% 3.6%
2023 -4.52% 5.28%
2022 -7.18% -0.09%
2021 -8.22% -0.87%
2020 -7.53% 5.15%
2019 -8.72% 3.2%
2018 -17.2% 2.9%
2017 -3.27% 3.58%
2016 11.6% 1.47%
2015 11.4% -2.75%
2014 -5.54% 6.38%
2013 -2.88% -1.3%
2012 -5.41% -1.74%
2011 -4.4% -6.02%
2010 -3.38% -1.22%
2009 -0.31% 6.85%
2008 0.7% 2.14%
2007 1.8% 5.39%
2006 2.93% 1.34%
2005 0.95% 4.23%
2004 -0.67% 4.23%
2003 0.85% 2.37%
2002 -4.07% 2.59%
2001 -6.54% 2.23%
2000 -8.66% 1.35%
1999 -9.18% 1.55%
1998 -5.99% -
1997 -2.24% -
1996 -1.59% -
1995 -2.88% -
1994 -3.35% -
1993 -1.41% -
1992 -2.22% -
1991 -2.99% -
1990 -4.66% -

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

GeoRank.org/economy/dominica/tonga | 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 Tonga's surplus of $33M, or 4.86% of GDP.

Over the past 27 years, Dominica recorded a fiscal deficit in 20 of those years, while Tonga ran a deficit in 7 years. On average, Dominica posted an annual deficit equal to 3.17% of GDP, compared to surplus of 2.1% of GDP for Tonga.

Inflation comparison by year

Inflation
Dominica

Tonga
1x
Year Consumer prices inflation
Dominica Tonga
2025 2.53% 5.59%
2024 2.74% 3.18%
2023 5.09% 6.35%
2022 2.88% 11%
2021 2.23% 5.64%
2020 1.22% -0.35%
2019 1.5% 1.18%
2018 0.99% 5.03%
2017 0.3% 7.52%
2016 0.14% 2.58%
2015 -0.84% -1.05%
2014 0.8% 2.51%
2013 -0.05% 0.78%
2012 1.36% 1.15%
2011 1.13% 6.27%
2010 3% 3.53%
2009 0.006% 1.43%
2008 6.36% 10.4%
2007 3.63% 5.84%
2006 2.2% 6.15%
2005 1.68% 8.67%
2004 2.39% 11%
2003 1.45% 11.6%
2002 0.17% 10.4%
2001 1.3% 8.29%
2000 0.86% 6.33%
1999 1.18% 4.46%
1998 1% 3.27%
1997 2.44% 2.12%

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

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

Over the past 29 years, Dominica has recorded an average annual inflation rate of 1.71%, compared with 5.2% in Tonga. In 2025, inflation was 2.53% in Dominica and 5.59% in Tonga.

Balance of trade

Dominica Tonga
Current account balance
-$275M
2025
-$43.5M
2024
Current account balance ranking
94/190
2025
76/190
2024
Current account balance, % of GDP
-38%
2025
-6.72%
2024
Goods imports
$275M
2025
$232M
2024
Goods exports
$29.8M
2025
$10.8M
2024
Service imports
$208M
2025
$161M
2024
Service exports
$181M
2025
$93.6M
2024
Imports of goods and services, % of GDP n/a
60.7%
2024
Exports of goods and services, % of GDP
8.5%
2026
16.9%
2024

Economic freedom indices

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

Dominica Tonga
Economic freedom 56.1 58.9
Economic freedom ranking 124/197 107/197
Property rights 65.8 71.1
Government integrity 61.2 45.1
Judicial effectiveness 77.3 64.9
Tax burden 76.1 85.6
Government spending 0 31
Fiscal health 45.6 97.3
Business freedom 66.2 59.2
Labor freedom 49.8 55.9
Monetary freedom 77.7 61
Trade freedom 53.2 75.4
Investment freedom 60 40
Financial freedom 40 20

Economic freedom comparison by year

Dominica
Tonga
1x
Year Economic freedom index
Dominica Tonga
2026 56.1 58.9
2025 55.3 58.5
2024 54 59.2
2023 59.7 60
2022 54.4 60.8
2021 53 57.5
2020 60.8 58.8
2019 63.6 57.7
2018 64.5 63.1
2017 63.7 63
2016 67 59.6
2015 66.1 59.3
2014 65.2 58.2
2013 63.9 56
2012 61.6 57
2011 63.3 55.8
2010 63.2 53.4
2009 62.6 54.1

Data sources: The Heritage Foundation | Economic Freedom Index (2009–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Dominica is 56.1, ranking 124/197, compared to 58.9 for Tonga, ranking 107/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Dominica Tonga
Services, % of GDP
57.2%
2025
49.5%
2024
Industry, % of GDP
14.1%
2025
17.7%
2024
Agriculture, forestry, and fishing, % of GDP
12.1%
2025
18.6%
2024
GNI, Atlas method
$704M
2025
$709M
2025
GNI per capita, PPP
$22,130
2025
$9,240
2025
Total reserves including gold
$165M
2025
$413M
2025
Total reserves ranking
172/177
2025
162/177
2025
Net foreign direct investment
-$49.5M
2025
$13.3M
2024
Net inflows of foreign direct investment
$60M
2024
-$12.1M
2024
Net outflows of foreign direct investment
-$401K
2024
$1.25M
2024
Servicing debt to the IMF, % of GNI
9.81%
2024
6.33%
2024
Poverty at national poverty lines
29%
2020
20.6%
2021
Gross capital formation, % of GDP n/a
26.4%
2024

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/tonga | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1975–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (2009–2026, 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.