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Economy of Dominica vs United Arab Emirates compared: GDP & Debt

Updated on by Georank

Dominica has a GDP of $724M compared to $552B for the United Arab Emirates, ranking 190/197 and 31/197 by economy size, respectively.

Dominica has $743M in government debt (102.6% of GDP), compared to $193B (34.3% of GDP) in the United Arab Emirates.

Dominica vs United Arab Emirates GDP by year

Dominica
United Arab Emirates
1x
Year GDP, current $
Dominica UAE
2025 $723,859,259 -
2024 $688,881,481 $552,324,919,096
2023 $659,311,111 $522,622,268,401
2022 $623,062,963 $511,403,404,642
2021 $562,911,111 $422,441,282,436
2020 $528,944,444 $357,161,776,271
2019 $644,259,259 $433,926,218,686
2018 $628,244,444 $440,560,003,161
2017 $563,355,556 $403,365,056,079
2016 $612,711,111 $381,717,208,621
2015 $583,177,778 $381,973,135,513
2014 $572,255,556 $424,935,834,104
2013 $545,325,926 $409,632,574,703
2012 $520,355,556 $392,793,559,051
2011 $532,081,481 $368,881,033,963
2010 $519,859,259 $307,736,348,527
2009 $515,618,519 $253,547,358,747
2008 $480,003,704 $315,474,615,741
2007 $444,685,185 $257,916,148,767
2006 $416,674,074 $222,116,532,963
2005 $391,455,556 $180,617,467,954
2004 $396,711,111 $147,824,249,958
2003 $373,318,519 $124,346,476,180
2002 $375,200,000 $109,816,091,079
2001 $377,462,963 $103,311,631,797
2000 $333,470,370 $104,337,463,730
1999 $331,759,259 $84,445,399,335
1998 $322,411,111 $75,674,384,205
1997 $302,988,889 $78,838,886,862
1996 $292,285,185 $73,571,217,377
1995 $274,522,222 $65,743,604,966
1994 $264,374,074 $59,305,111,228
1993 $245,525,926 $55,625,269,485
1992 $234,059,259 $54,239,188,746
1991 $219,762,963 $51,552,058,250
1990 $201,429,630 $50,701,374,187
1989 $185,137,243 $41,464,966,302
1988 $171,106,184 $36,275,613,877
1987 $151,868,754 $36,384,802,310
1986 $135,161,959 $33,943,568,481
1985 $119,491,933 $40,603,631,079
1984 $109,157,071 $41,807,931,453
1983 $98,665,191 $42,803,373,390
1982 $89,527,577 $46,622,715,281
1981 $82,107,391 $49,333,471,895
1980 $72,804,653 $43,599,134,193
1979 $55,017,759 $31,225,557,022
1978 $57,130,216 $23,775,718,541
1977 $45,872,947 $24,871,660,292
1976 - $19,213,212,475
1975 - $14,720,729,969
1974 - $11,651,505,689
1973 - $4,231,243,616
1972 - $1,415,086,929
1971 - $939,893,600
1970 - $685,986,701

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

GeoRank.org/economy/dominica/united-arab-emirates | CC BY

GDP per capita in Dominica vs United Arab Emirates by year

Dominica
GDP per capita

GDP per capita, PPP
United Arab Emirates
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominica UAE
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,989 - - -
2024 $10,405 $21,301 $50,274 $79,229
2023 $9,913 $20,286 $49,851 $77,955
2022 $9,324 $18,802 $50,760 $75,072
2021 $8,376 $15,809 $44,118 $68,580
2020 $7,828 $14,244 $37,992 $66,791
2019 $9,491 $16,021 $45,939 $79,816
2018 $9,215 $15,070 $47,135 $77,446
2017 $8,225 $12,696 $43,734 $70,282
2016 $8,803 $12,945 $42,721 $69,987
2015 $8,283 $12,093 $44,910 $73,986
2014 $8,132 $12,083 $52,725 $87,478
2013 $7,822 $11,286 $53,247 $87,526
2012 $7,529 $10,921 $53,142 $89,198
2011 $7,705 $11,123 $51,922 $89,665
2010 $7,550 $10,924 $44,795 $85,120
2009 $7,487 $10,804 $37,803 $84,780
2008 $6,971 $10,862 $50,054 $94,628
2007 $6,459 $9,949 $45,855 $100,813
2006 $6,056 $9,200 $44,343 $106,814
2005 $5,695 $8,557 $38,719 $101,301
2004 $5,779 $8,232 $33,377 $98,661
2003 $5,447 $7,714 $29,660 $92,636
2002 $5,488 $7,167 $27,754 $88,467
2001 $5,528 $7,291 $27,745 $90,370
2000 $4,867 $7,111 $29,866 $92,899
1999 $4,817 $6,759 $25,856 $87,658
1998 $4,664 $6,617 $24,889 $90,229
1997 $4,372 $6,290 $27,983 $96,009
1996 $4,211 $6,041 $28,323 $94,620
1995 $3,952 $5,749 $27,003 $93,702
1994 $3,805 $5,465 $25,473 $89,959
1993 $3,536 $5,352 $25,033 $86,330
1992 $3,376 $5,125 $25,648 $87,509
1991 $3,171 $4,914 $25,691 $87,250
1990 $2,893 $4,667 $26,710 $88,455
1989 $2,639 - $23,167 -
1988 $2,423 - $21,570 -
1987 $2,138 - $23,113 -
1986 $1,893 - $23,132 -
1985 $1,666 - $29,468 -
1984 $1,515 - $32,012 -
1983 $1,363 - $34,650 -
1982 $1,232 - $39,972 -
1981 $1,125 - $44,855 -
1980 $996 - $42,925 -
1979 $754 - $34,238 -
1978 $786 - $29,379 -
1977 $634 - $35,020 -
1976 - - $31,197 -
1975 - - $27,117 -
1974 - - $23,823 -
1973 - - $9,696 -
1972 - - $3,675 -
1971 - - $2,805 -
1970 - - $2,394 -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

GeoRank.org/economy/dominica/united-arab-emirates | CC BY

Dominica's GDP per capita is $10,989, ranking 84/197, compared to $50,274 in the United Arab Emirates, ranking 25/197. Adjusted for purchasing power (GDP per capita PPP), Dominica ranks 91st at $21,301, while the United Arab Emirates ranks 16th at $79,229.

Economic indicators

Dominica UAE
Gross domestic product
$724M
2025
$552B
2024
GDP rank
190/197
2025
31/197
2024
GDP growth
3.05%
2024-2025
3.99%
2023-2024
GDP per capita
$10,989
2025
$50,274
2024
GDP per capita rank
84/197
2025
25/197
2024
GDP per capita, PPP
$21,301
2024
$79,229
2024
GDP per capita PPP rank
91/197
2024
16/197
2024
Government debt
$743M
2025
$193B
2024
Debt-to-GDP ratio
102.6%
2025
34.3%
2025
Government debt per person
$11,275
2025
$17,568
2024
Government debt per person rank
54/185
2025
37/185
2024
Average annual personal income after taxes
$6,105
2026
$40,096
2026
Market capitalization of domestic companies n/a
$1.11T
2025
Number of millionaires n/a
183,000
2026
Number of billionaires n/a
6
2026
Income share by richest 10% n/a
20.5%
2018
Income share by poorest 10% n/a
2.8%
2018
Government expenditure, % of GDP
55.4%
2025
22.6%
2025
Consumer prices inflation
2.53%
2024-2025
1.3%
2024-2025
Central bank interest rate n/a
3.65%
2025
Unemployment rate
11%
2001
1.88%
2024
Population
65501
11885001

Spending and national debt comparison by year

Dominica
Spending

Debt
United Arab Emirates
Spending

Debt
1x
Year % of GDP
Dominica UAE
Government spending Government debt Government spending Government debt
2025 55.4% 102.6% 22.6% 34.3%
2024 67.4% 108.2% 21.4% 34.9%
2023 64.8% 101.3% 22.7% 31.9%
2022 69.7% 110% 22.7% 31.5%
2021 67% 116.3% 25.9% 35.7%
2020 66.8% 118.4% 30.5% 30.1%
2019 48.3% 97.8% 27.4% 25.8%
2018 63.4% 85.7% 25.9% 20.7%
2017 54% 84.2% 27.2% 21.2%
2016 48% 76.9% 31.7% 18.6%
2015 32.4% 68.2% 26.4% 15.6%
2014 32.7% 71.3% 31.4% 13.5%
2013 33.4% 73.9% 28.9% 15.3%
2012 36.2% 73.1% 27.8% 20.2%
2011 35.2% 69.7% 29.6% 20.4%
2010 39.4% 66.8% 30.4% 18.3%
2009 35.9% 62.5% 35% 21.1%
2008 34.7% 64.4% 22% 8.95%
2007 34.1% 71.8% 17.7% 8.89%
2006 29.7% 77.4% 15.6% 5.05%
2005 31% 82% 15.7% 4.48%
2004 30.2% 86.2% 17.7% 4.08%
2003 30.1% 94.9% 20% 3.33%
2002 28.6% 97.9% 21.3% 3.43%
2001 29.6% 98.5% 25.2% 2.69%
2000 38.5% 68.9% 21.8% 3.12%
1999 35.2% 61.8% 24.3% 4.73%
1998 33% 56.3% 25.8% 4.18%
1997 28.2% 47.7% 22.6% 2.86%
1996 28.5% 53.7% 27.6% 3.48%
1995 28.8% 57.4% 26.1% 5.06%
1994 27.2% 55.9% 30.1% 5.58%
1993 25.2% 53.4% 31.5% 6.01%
1992 27.4% 54% 29.6% 5.31%
1991 29% 56.9% 36% 4.97%
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 (1991–1998, retrieved 2026-07-08).

GeoRank.org/economy/dominica/united-arab-emirates | CC BY

In 2025, Dominica's government spending was $401M, accounting for 55.4% of its GDP, while the United Arab Emirates spent $118B, or 22.6% of GDP.

Debt-to-GDP ratio is 102.6% in Dominica and 34.3% in the United Arab Emirates, ranking 20/185 and 146/185, respectively.

Government deficit by year

Deficit/surplus
Dominica

United Arab Emirates
1x
Year Deficit/surplus, % of GDP
Dominica UAE
2025 -1.35% 5.15%
2024 -6.75% 6.41%
2023 -4.52% 5.82%
2022 -7.18% 9.8%
2021 -8.22% 3.96%
2020 -7.53% -2.42%
2019 -8.72% 2.5%
2018 -17.2% 3.65%
2017 -3.27% -0.16%
2016 11.6% -2.95%
2015 11.4% -6.35%
2014 -5.54% 1.74%
2013 -2.88% 7.99%
2012 -5.41% 8.59%
2011 -4.4% 5.05%
2010 -3.38% 0.52%
2009 -0.31% -6.13%
2008 0.7% 17.6%
2007 1.8% 17.1%
2006 2.93% 20.2%
2005 0.95% 16%
2004 -0.67% 6.4%
2003 0.85% 2.35%
2002 -4.07% -1.24%
2001 -6.54% 1.21%
2000 -8.66% 10.7%
1999 -9.18% 1.31%
1998 -5.99% 1%
1997 -2.24% 6.71%
1996 -1.59% 0.92%
1995 -2.88% 3.58%
1994 -3.35% -1.78%
1993 -1.41% -2.89%
1992 -2.22% 3.34%
1991 -2.99% 3.89%
1990 -4.66% -

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

GeoRank.org/economy/dominica/united-arab-emirates | CC BY

In 2024, Dominica's government deficit, the difference between spending and revenue, was $46.5M, equivalent to 6.75% of GDP. This compares to the United Arab Emirates' surplus of $35.4B, or 6.41% of GDP.

Over the past 34 years, Dominica recorded a fiscal deficit in 27 of those years, while the United Arab Emirates ran a deficit in 8 years. On average, Dominica posted an annual deficit equal to 3.14% of GDP, compared to surplus of 4.25% of GDP for the United Arab Emirates.

Inflation comparison by year

Inflation
Dominica

United Arab Emirates
1x
Year Consumer prices inflation
Dominica UAE
2025 2.53% 1.3%
2024 2.74% 1.7%
2023 5.09% 1.6%
2022 2.88% 4.8%
2021 2.23% -0.1%
2020 1.22% -2.1%
2019 1.5% -1.9%
2018 0.99% 3.1%
2017 0.3% 2%
2016 0.14% 1.6%
2015 -0.84% 4.1%
2014 0.8% 2.3%
2013 -0.05% 1.1%
2012 1.36% 0.7%
2011 1.13% 0.9%
2010 3% 0.9%
2009 0.006% -4.7%
2008 6.36% 12.3%
2007 3.63% 11.1%
2006 2.2% 9.3%
2005 1.68% 6.2%
2004 2.39% 5%
2003 1.45% 3.1%
2002 0.17% 2.9%
2001 1.3% 2.8%
2000 0.86% 1.3%
1999 1.18% 2.1%
1998 1% 2%
1997 2.44% 3%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/dominica/united-arab-emirates | CC BY

Over the past 29 years, Dominica has recorded an average annual inflation rate of 1.71%, compared with 2.7% in the United Arab Emirates. In 2025, inflation was 2.53% in Dominica and 1.3% in the United Arab Emirates.

Top exports between countries

Dominica
Export category Export value
Metals $221K
Processed food, beverages & tobacco $5K
Raw agricultural goods $3K
Chemicals & pharma $2K
Textiles & consumer goods $1K
UAE
Export category Export value
Machinery & equipment $1.53M
Textiles & consumer goods $870K
Precious metals & jewellery $224K
Wood & paper products $107K
Processed food, beverages & tobacco $84K
Metals $68K
Chemicals & pharma $46K
Raw materials & minerals $27K
Miscellaneous $10K

Balance of trade

Dominica UAE
Current account balance
-$275M
2025
$80B
2024
Current account balance ranking
94/190
2025
9/190
2024
Current account balance, % of GDP
-38%
2025
+14.5%
2024
Goods imports
$275M
2025
$400B
2024
Goods exports
$29.8M
2025
$467B
2024
Service imports
$208M
2025
$117B
2024
Service exports
$181M
2025
$181B
2024
Imports of goods and services, % of GDP n/a
92.2%
2023
Exports of goods and services, % of GDP
8.5%
2026
106.8%
2023

Economic freedom indices

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

Dominica UAE
Economic freedom 56.1 71.9
Economic freedom ranking 124/197 29/197
Property rights 65.8 62.9
Government integrity 61.2 65.3
Judicial effectiveness 77.3 34.4
Tax burden 76.1 99.9
Government spending 0 85.1
Fiscal health 45.6 97.6
Business freedom 66.2 84.5
Labor freedom 49.8 63.2
Monetary freedom 77.7 81.2
Trade freedom 53.2 78.6
Investment freedom 60 50
Financial freedom 40 60

Economic freedom comparison by year

Dominica
United Arab Emirates
1x
Year Economic freedom index
Dominica UAE
2026 56.1 71.9
2025 55.3 71.6
2024 54 71.1
2023 59.7 70.9
2022 54.4 70.2
2021 53 76.9
2020 60.8 76.2
2019 63.6 77.6
2018 64.5 77.6
2017 63.7 76.9
2016 67 72.6
2015 66.1 72.4
2014 65.2 71.4
2013 63.9 71.1
2012 61.6 69.3
2011 63.3 67.8
2010 63.2 67.3
2009 62.6 64.7
2008 - 62.6
2007 - 62.6
2006 - 62.2
2005 - 65.2
2004 - 67.2
2003 - 73.4
2002 - 73.6
2001 - 74.9
2000 - 74.2
1999 - 71.5
1998 - 72.2
1997 - 71.9
1996 - 71.6

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

GeoRank.org/economy/dominica/united-arab-emirates | CC BY

The Economic Freedom Index for Dominica is 56.1, ranking 124/197, compared to 71.9 for the United Arab Emirates, ranking 29/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Dominica UAE
Services, % of GDP
57.2%
2025
54.9%
2024
Industry, % of GDP
14.1%
2025
44.3%
2024
Agriculture, forestry, and fishing, % of GDP
12.1%
2025
0.77%
2024
GNI, Atlas method
$704M
2025
$566B
2024
GNI per capita, PPP
$22,130
2025
$81,640
2024
Total reserves including gold
$165M
2025
$292B
2025
Total reserves ranking
172/177
2025
14/177
2025
Net foreign direct investment
-$49.5M
2025
$31.5B
2024
Net inflows of foreign direct investment
$60M
2024
$45.6B
2024
Net outflows of foreign direct investment
-$401K
2024
$77.2B
2024
Servicing debt to the IMF, % of GNI
9.81%
2024
n/a
Poverty at national poverty lines
29%
2020
19.5%
2020
Gross capital formation, % of GDP n/a
26.6%
2023

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/united-arab-emirates | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2025, 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. TradeMap (2021–2024, retrieved 2026-07-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1991–1998, retrieved 2026-07-08)
  7. Central Intelligence Agency (CIA) (2020, retrieved 2026-07-08)
  8. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  9. LivingCost (2026, 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.