Imports
$207.1 million (2011 est.)Exports
$40.4 million (2011 est.)Inflation rate (consumer prices)
3.5% (2011 est.)Unemployment rate
23% (2000 est.)GDP - per capita (PPP)
$14,000 (2011 est.)National product real growth rate
1.4% (2010 est.)Internet users
28,000 (2009)Telephones - mobile cellular
98,100 (2009)Population growth rate
0.216% (2012 est.)Population
73,126 (July 2012 est.)About this country
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Historical background
Dominica was the last of the Caribbean islands to be colonized by Europeans due chiefly to the fierce resistance of the native Caribs.
France ceded possession to Great Britain in 1763, which made the island a colony in 1805.
In 1980, two years after independence, Dominica's fortunes improved when a corrupt and tyrannical administration was replaced by that of Mary Eugenia CHARLES, the first female prime minister in the Caribbean, who remained in office for 15 years.
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Economic overview
The Dominican economy has been dependent on agriculture - primarily bananas - in years past, but increasingly has been driven by tourism as the government seeks to promote Dominica as an "ecotourism" destination.
In order to diversify the island's production base, the government also is attempting to develop an offshore financial sector and has signed an agreement with the EU to develop geothermal energy resources.
In 2003, the government began a comprehensive restructuring of the economy - including elimination of price controls, privatization of the state banana company, and tax increases - to address an economic and financial crisis and to meet IMF requirements.
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Dun and Bradstreet (Altares)
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OECD
The Global Forum on Transparency and Exchange of Information for Tax Purposes is the multilateral framework within which work in the area of tax transparency and exchange of information is carried out ...
MarketLine
Introduction This PEST country analysis report on the Dominican Republic provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative ...
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