Attribute | Value |
---|---|
Geography | |
Area | 751 km² |
Continent | North America |
Land area | 751 km² |
Water area | Add |
Land boundaries | 0 km |
Border countries | Add |
Coastline | 148 km |
Mean elevation | Add |
Lowest point | 0 m |
Highest point | 1,447 m |
People | |
Population | 74,243 |
Official languages |
|
Religion | Roman Catholic |
Government | |
Long country name | Commonwealth of Dominica |
Short country name | Dominica |
Long local name | Add |
Short local name | Add |
Former name | Add |
Government type | Parliamentary republic |
Capital | Roseau |
Economy | |
GDP (PPP) | 783,000,000 USD |
GDP (OER) | 557,000,000 USD |
GDP (real growth rate) | -4.7 % |
GDP - per capita (PPP) | 11,000 USD |
Gross national saving | 10.8 % of GDP |
Labor force | 25,000 |
Unemployment rate | 23 % |
Population below poverty line | 29 % |
Budget revenues | 227,800,000 USD |
Budget expenditures | 260,400,000 USD |
Military expenditures | Add |
Taxes and other revenues | 40.9 % of GDP |
Budget surplus or deficit | -5.9 % of GDP |
Public debt | 82.7 % of GDP |
Inflation rate | 0.6 % |
Central bank discount rate | 6.5 % |
Commercial bank prime lending rate | 8.08 % |
Stock of narrow money | 113,200,000 USD |
Stock of broad money | 113,200,000 USD |
Stock of domestic credit | 182,200,000 USD |
Market value of publicly traded shares | Add |
Current account balance | -70,000,000 USD |
Exports | 28,000,000 USD |
Imports | 206,600,000 USD |
Reserves of foreign exchange and gold | 212,300,000 USD |
External debt | 280,400,000 USD |
National currency | East Caribbean dollars |
National currency (code) | XCD |
National currency (symbol) | $ |
National currency rate to USD | 2.7 |
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 colonized the island in 1805. Slavery ended in 1833 and in 1835 the first three men of African descent were elected to the legislative assembly of Dominica. In 1871, Dominica became part first of the British Leeward Islands and then the British Windward Islands until 1958. In 1967 Dominica became an associated state of the UK, and formally took responsibility for its internal affairs. 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. On 18 September 2017, Hurricane Maria passed over the island causing extensive damage to structures, roads, communications, and the power supply, and largely destroying critical agricultural areas.