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Dominica, Commonwealth of

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 econom...  More..

Economy of Dominica, Commonwealth of
SOURCE: CIA - The World Factbook
Currency East Caribbean Dollar
GDP (PPP) $743 million (2009 est.)
GDP (per capita) $10,200 (2009 est.)
Exports $94 million (2006)
Imports $296 million (2006)
Main Industries soap, coconut oil, tourism, copra, furniture, cement blocks, shoes
Exports - Commodities bananas, soap, bay oil, vegetables, grapefruit, oranges
Imports - Commodities manufactured goods, machinery and equipment, food, chemicals
Exports Partners Japan 33.5%, China 17.9%, Antigua and Barbuda 6.8%, Guyana 5.7%, Jamaica 4.7%, UK 4.7% (2008)
Imports Partners Japan 42.9%, US 16.8%, China 12%, Trinidad and Tobago 8.4% (2008)

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