DOMINICA

Country risk rating

C3

SENSITIVE RISK

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

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GDP USD0.563bn (World ranking 192, World Bank 2017)
Population 10.528mn (World ranking 86, World Bank 2015)
Form of state Parliamentary Democracy
Head of government Roosevelt SKERRIT (Prime Minister)
Next elections 2019, presidential
  • Resilient economic growth
  • Robust tourism sector
  • Good infrastructure network
  • Sound banking sector indicators
  • Free Trade Agreement with the US (CAFTA-DR)
  • Political stability
  • Weak rule of law
  • High levels of red tape and corruption
  • Persistent income inequality is a breeding ground for social unrest

Trade structure by destination/origin

(% of total)

Exports Rank Imports
United States 54%
1
41% United States
Haiti 12%
2
13% China
Canada 8%
3
5% Mexico
India 7%
4
3% Brazil
Netherlands 2%
5
3% Spain

Trade structure by product

(% of total)

Exports Rank Imports
Gemstones & precious metals 20%
1
16% Mineral fuels
Optical and apparatus thereof 12%
2
8% Industrial machinery
Tobacco 9%
3
8% Electrical machinery
Electrical machinery 7%
4
7% Vehicles
Clothing 6%
5
7% Plastics

Contact Euler Hermes

Economic Research Team

research@eulerhermes.com

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