IMF Staff Country Reports

Dominica: Recent Economic Developments

Publication Date:

July 20, 2001

Electronic Access:

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Summary:

The economy is predominantly agricultural, although some degree of diversification has taken place in recent years toward tourism, communications, and financial services. The performance of the main agricultural activity, banana production and exports, has steadily deteriorated since the early 1990s and has adversely affected developments in other sectors. In the external sector, the current account of the balance of payments has shown a marked deterioration in recent years. The saving-investment balance showed a marked deterioration during 1999–2000.

Series:

Country Report No. 2001/104

Subject:

Agricultural commodities Commercial banks Commodities Exports Financial institutions International trade Loans