As of 2023, Dominica's GDP is primarily composed of Services at 38.96%, followed by Agriculture, hunting, forestry, and fishing at 18%, and Transport, storage, and communication at 15.89%. The Wholesale, retail trade, restaurants, and hotels sector contributes 13.51%, while Mining, Manufacturing, and Utilities contribute 8.96%. Construction represents 4.69% of the GDP. Over the last two years, key sectors like Services and Transport experienced moderate growth, with the Agrarian economy showing slight expansion. The 5-year CAGR indicates a stable trend across most sectors, although Wholesale and Construction show some volatility.
Future trends to watch include:
- Growth in the Services sector driven by tourism recovery.
- Expansion in Agriculture supported by sustainable practices.
- Potential investments in Infrastructure boosting the Construction sector.
- Technological advancements in Transport and Communication.
Top countries in GDP Composition by Sector
| # | 6 Countries | Percent | Last Year | |
|---|---|---|---|---|
| 1 | 1 Services | 38.96 | 2016 | |
| 2 | 2 Agriculture, hunting, forestry, fishing | 18 | 2016 | |
| 3 | 3 Transport, storage and communication | 15.89 | 2016 | |
| 4 | 4 Wholesale, retail trade, restaurants and hotels | 13.51 | 2016 | |
| 5 | 5 Mining, Manufacturing, Utilities | 8.96 | 2016 | |
| 6 | 6 Construction | 4.69 | 2016 |