Dominica Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Dominica's budget deficit was -2.10% in 2025, ranked 65th globally. This represents a 4.8% increase from 2024. Data from IMF WEO, covering 1990–2025.
Overview
Dominica's budget deficit stood at -2.10% in 2025, a rise of +0.11% from 2024. The IMF projects -2.10% by 2025. Dominica ranked 65th globally.
Dominica’s budget deficit has narrowed sharply from an all‑time trough of –17.18 % of GDP in 2018 to –2.10 % in 2025, placing the country 65th globally and tying it with Seychelles at the same level. The dramatic swing follows the peak deficit of 11.59 % recorded in 2016, a period marked by heightened public spending and external shocks. Over the 36‑year series, the average deficit has moved from –4.66 % in 1990 toward a more modest shortfall, reflecting tighter fiscal consolidation and improved revenue mobilization. Compared with peers, Chile’s deficit of –2.06 % and the Netherlands’ –2.11 % illustrate that Dominica’s current position aligns with nations that maintain relatively disciplined budgets despite differing economic structures. Continued progress will depend on sustaining revenue reforms and containing expenditure growth, which could further compress the deficit and shift the trajectory toward a surplus in the medium term.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -0.35% | - | - |
| 2029* IMF | -0.87% | - | - |
| 2028* IMF | -1.18% | - | - |
| 2027* IMF | -1.35% | - | - |
| 2026* IMF | -1.75% | - | - |
| 2025* IMF | -2.10% | - | - |
| 2025 | -2.10% | +0.11% | #65 |
| 2024 | -2.20% | +2.31% | #107 |
| 2023 | -4.51% | +2.70% | #54 |
| 2022 | -7.21% | +1.01% | #22 |
| 2021 | -8.22% | −0.69% | #25 |
| 2020 | -7.53% | +1.19% | #69 |
| 2019 | -8.72% | +8.47% | #7 |
| 2018 | -17.19% | −13.92% | #2 |
| 2017 | -3.27% | −14.86% | #65 |
| 2016 | 11.59% | +0.21% | #187 |
| 2015 | 11.38% | +16.92% | #187 |
| 2014 | -5.55% | −2.66% | #32 |
| 2013 | -2.88% | +2.53% | #80 |
| 2012 | -5.41% | −1.01% | #41 |
| 2011 | -4.40% | −1.02% | #53 |
Analysis
Dominica's budget deficit was -2.10% in 2025, a rise of +0.11% from 2024. IMF projects -2.10% by 2025.
Frequently Asked Questions
Dominica's budget deficit was -2.10% in 2025. Ranked 65th globally. This represents a 4.8% increase from the previous year.
Dominica's budget deficit peaked at 11.59% in 2016.
The lowest budget deficit in Dominica was -17.19% in 2018.
Dominica ranks 65th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Dominica's budget deficit is projected to reach -2.10% by 2025 based on IMF projection.
The budget deficit of Dominica in 2025 was -2.10%. This ranks 65th in the world.
Cite this page
@misc{historysaid_dominica_budget-deficit,
title = {Dominica Budget Deficit},
url = {https://historysaid.com/dominica/budget-deficit/},
publisher = {HistorySaid},
year = {2026}
}