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PetersGrant Offline



Beiträge: 5

07.01.2023 16:52
Economy of Dominica Antworten

The country's currency is the East Caribbean Dollar. The symbol used for this currency is $ and is abbreviated as XCD. 13.8% of the country's population is unemployed. The total number of unemployed in Dominica is 10,255. Every year, Dominica exports about US$0.04 billion and imports about US$0.22 billion. Dominica has a Human Development Index (HDI) of 0.717. The Global Peace Index (GPI) for Dominica is 2,089. Dominica has a public debt equivalent to 4.8% of the country's gross domestic product (GDP) as estimated in 2013. Dominica is considered a developing country. A nation's stage of development is determined by a number of factors including, but not limited to, economic prosperity, life expectancy, income equality and quality of life. The country's main industries are soap, coconut oil, tourism, copra, furniture, cement blocks, shoes.

The total Gross Domestic Product (GDP) valued at Purchasing Power Parity (PPP) in Dominica is US$790 billion. Every year, consumers spend around $301 million. The ratio of consumer spending to GDP in Dominica is 60% and the ratio of consumer spending to world consumer market is 0.0009. Corporate income tax in Dominica is 30%. Personal income tax ranges from 0% to 35% depending on your specific situation and income level. Sales tax in Dominica is 15%. In 2013, Dominica received US$25.6 million in development assistance. In 2014, foreign aid amounted to USD 24.5.

https://www.confiduss.com/en/jurisdictions/dominica/economy/

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