Dominica External Debt to GNI
External debt stocks as % of GNI DT.DOD.DECT.GN.ZS
Dominica's external debt to gni was 85.14% in 2025, ranked 13th globally. This represents a 3.4% increase from 2024. Data from World Bank, covering 1981–2025.
Overview
Dominica's external debt to gni stood at 85.14% in 2025, a rise of +2.78pp from 2024. Based on recent trends, this figure is projected to reach 85.14% by 2025. Dominica ranked 13th globally.
Dominica’s external debt-to‑GNI ratio has risen sharply over the 45‑year series, moving from a low of 17.47% in 1981 to an all‑time peak of 95.73% in 2022 before easing slightly to 85.14% in 2025, placing the country 13th worldwide. The steep ascent began in the late 1990s as fiscal deficits widened and external borrowing increased, accelerating after the 2010‑2014 commodity slump and the 2020‑2022 COVID‑19 shock, which prompted higher financing needs for health and social protection. The modest post‑peak decline reflects a combination of debt‑service restructuring and modest growth, yet the ratio remains well above the regional median and comparable to peers such as Zambia (87.07%) and North Macedonia (81.87%). Continued fiscal consolidation, diversification of export earnings, and access to concessional financing will be crucial to reverse the upward trajectory and bring the debt burden to a more sustainable level.
Data & projection
| Year | External Debt to GNI | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 82.17% | - | - |
| 2026* trend | 83.66% | - | - |
| 2025* trend | 85.14% | - | - |
| 2025 | 85.14% | +2.78pp | #13 |
| 2024 | 82.36% | −7.53pp | #97 |
| 2023 | 89.88% | −5.84pp | #102 |
| 2022 | 95.73% | +5.21pp | #105 |
| 2021 | 90.52% | +1.06pp | #97 |
| 2020 | 89.46% | +16.95pp | #96 |
| 2019 | 72.50% | −7.77pp | #93 |
| 2018 | 80.27% | −11.70pp | #99 |
| 2017 | 91.97% | +1.46pp | #103 |
| 2016 | 90.51% | +2.11pp | #103 |
| 2015 | 88.40% | +1.73pp | #104 |
| 2014 | 86.67% | −6.31pp | #105 |
| 2013 | 92.99% | +33.32pp | #107 |
| 2012 | 59.66% | +5.89pp | #88 |
| 2011 | 53.77% | +0.60pp | #85 |
Analysis
Dominica's external debt to gni was 85.14% in 2025, a rise of +2.78pp from 2024. Based on trends, estimated 85.14% by 2025.
Frequently Asked Questions
Dominica's external debt to gni was 85.14% in 2025. Ranked 13th globally. This represents a 3.4% increase from the previous year.
Dominica's external debt to gni peaked at 95.73% in 2022.
The lowest external debt to gni in Dominica was 17.47% in 1981.
Dominica ranks 13th globally in external debt to gni as of 2025.
The World Bank indicator code is DT.DOD.DECT.GN.ZS. Data sourced from World Bank.
Dominica's external debt to gni is projected to reach 85.14% by 2025 based on trend extrapolation.
The external debt to gni of Dominica in 2025 was 85.14%. This ranks 13th in the world.
Cite this page
@misc{historysaid_dominica_external-debt-to-gni,
title = {Dominica External Debt to GNI},
url = {https://historysaid.com/dominica/external-debt-to-gni/},
publisher = {HistorySaid},
year = {2026}
}