Projected Economic Performance: Dominica is expected to see robust economic growth in FY2023/24, driven by strong tourism inflows and infrastructure investments like the transition to geothermal energy and the construction of a new airport. This will help reduce dependence on fossil fuels and improve international connectivity, supporting economic resilience and growth.

Financial System: The financial sector in Dominica remains stable, well-capitalized, and liquid, with ongoing efforts to recapitalize credit unions. Despite tighter global financing conditions, bank deposit and lending rates remain unaffected due to abundant liquidity and limited exposure to foreign capital markets​ (IMF)​. Public Debt: Dominica's public debt is set to decline gradually due to prudent fiscal management aimed at reducing current spending and improving tax collection. Efforts to strengthen fiscal consolidation are crucial for meeting long-term debt targets​ (IMF)​. Tourism and External Position: Tourism is a significant contributor to Dominica's economy, and the country expects an increase in tourism exports, which will help narrow the current account deficit. The tourism sector's recovery has been vital in driving GDP growth and is expected to support a sound international reserves position​ (IMF)​. Inflation: Inflation, which spiked due to high global commodity prices, is expected to moderate as international fuel prices stabilize. The country aims to align its inflation within manageable limits to ensure economic stability​ (IMF)​.

Annual GDP: 700 million USD

Annual Tourists: approx 200,000

Total Population: appprox 0.074629 million

Total Working Population: approx NaN

Population Density: Approx. 95 persons per square kilometer

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