Dominica

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People - Dominica:
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Economy - Dominica:
Economy overview	The Dominican economy depends on agriculture, primarily bananas, and remains highly vulnerable to climatic conditions and international economic developments. Tourism has increased as the government seeks to promote Dominica as an ecotourism destination. Development of the tourism industry remains difficult, however, because of the rugged coastline, lack of beaches, and the absence of an international airport. The government began a comprehensive restructuring of the economy in 2003 - including elimination of price controls, privatization of the state banana company, and tax increases - to address Dominicas economic crisis and to meet IMF targets. In order to diversify the islands production base, the government is attempting to develop an offshore financial sector and is planning to construct an oil refinery on the eastern part of the island.

Gdp purchasing power parity	$485 million (2006 est.)

Gdp official exchange rate	$279 million (2005)

Gdp real growth rate	3.1% (2005 est.)

Gdp per capita ppp	$3,800 (2005 est.)

Gdp composition by sector	agriculture: 17.7% industry: 32.8% services: 49.5% (2004 est.)

Labor force	25,000 (1999 est.)

Labor force by occupation	agriculture: 40% industry: 32% services: 28%

Unemployment rate	23% (2000 est.)

Population below poverty line	30% (2002 est.)

Household income or consumption by percentage share	lowest 10%: NA% highest 10%: NA%

Inflation rate consumer prices	-0.1% (2005 est.)

Budget	revenues: $73.9 million expenditures: $84.4 million; including capital expenditures of $NA (2001)

Agriculture products	bananas, citrus, mangoes, root crops, coconuts, cocoa; forest and fishery potential not exploited

Industries	soap, coconut oil, tourism, copra, furniture, cement blocks, shoes

Industrial production growth rate	-10% (1997 est.)

Electricity production	83.88 million kWh (2004)

Electricity consumption	78.01 million kWh (2004)

Electricity exports	0 kWh (2004)

Electricity imports	0 kWh (2004)

Oil production	0 bbl/day (2004)

Oil consumption	900 bbl/day (2004 est.)

Oil exports	NA bbl/day

Oil imports	NA bbl/day

Oil proved reserves	0 bbl

Natural gas production	0 cu m (2004 est.)

Natural gas consumption	0 cu m (2004 est.)

Exports	$74 million f.o.b. (2004 est.)

Exports commodities	bananas, soap, bay oil, vegetables, grapefruit, oranges

Exports partners	UK 22.7%, Jamaica 10.3%, South Korea 9.1%, Antigua and Barbuda 9%, Guyana 7.6%, China 7.2%, Trinidad and Tobago 4.9%, Saint Lucia 4.1% (2006)

Imports	$234 million f.o.b. (2004 est.)

Imports commodities	manufactured goods, machinery and equipment, food, chemicals

Imports partners	US 24.3%, China 21.8%, Trinidad and Tobago 13.2%, South Korea 7.6% (2006)

Debt external	$213 million (2004)

Economic aid recipient	$29.2 million (2004 est.)

Currency code	East Caribbean dollar (XCD)

Exchange rates	East Caribbean dollars per US dollar - 2.7 (2006), 2.7 (2005), 2.7 (2004), 2.7 (2003), 2.7 (2002)

Communications - Dominica:
Transportation - Dominica:
Military - Dominica:

This page was last updated on 16 September, 2007
Source: CIA >>>

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An Intelligence Quotient or IQ is a score derived from one of several different standardized tests attempting to measure intelligence. Although the term "IQ" is still in common use, the scoring of modern IQ tests such as the Wechsler Adult Intelligence Scale is now based on a projection of the subject's measured rank on the Gaussian bell curve with a center value (average IQ) of 100, and a standard deviation of 15, although different tests may have different standard deviations. The average IQ scores for many populations have been rising at an average rate of three points per decade since the early 20th century with most of the increase in the lower half of the IQ range: a phenomenon called the Flynn effect. It is disputed whether these changes in scores reflect real changes in intellectual abilities, or merely methodological problems with past or present testing. (Wikipedie)

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Dominica

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Dominica

Dominica: Travel tips, articles, photos, gallery, cities database, population, pics, flags, statistics, free maps online

Back to Countries, Click to read the whole article: Dominica

Economy overview

Gdp purchasing power parity

$485 million (2006 est.)

Gdp official exchange rate

$279 million (2005)

Gdp real growth rate

3.1% (2005 est.)

Gdp per capita ppp

$3,800 (2005 est.)

Gdp composition by sector

agriculture: 17.7% industry: 32.8% services: 49.5% (2004 est.)

Labor force

25,000 (1999 est.)

Labor force by occupation

agriculture: 40% industry: 32% services: 28%

Unemployment rate

23% (2000 est.)

Population below poverty line

30% (2002 est.)

Household income or consumption by percentage share

lowest 10%: NA% highest 10%: NA%

Inflation rate consumer prices

-0.1% (2005 est.)

Budget

revenues: $73.9 million expenditures: $84.4 million; including capital expenditures of $NA (2001)

Agriculture products

bananas, citrus, mangoes, root crops, coconuts, cocoa; forest and fishery potential not exploited

Industries

soap, coconut oil, tourism, copra, furniture, cement blocks, shoes

Industrial production growth rate

-10% (1997 est.)

Electricity production

83.88 million kWh (2004)

Electricity consumption

78.01 million kWh (2004)

Electricity exports

0 kWh (2004)

Electricity imports

0 kWh (2004)

Oil production

0 bbl/day (2004)

Oil consumption

900 bbl/day (2004 est.)

Oil exports

NA bbl/day

Oil imports

NA bbl/day

Oil proved reserves

0 bbl

Natural gas production

0 cu m (2004 est.)

Natural gas consumption

0 cu m (2004 est.)

Exports

$74 million f.o.b. (2004 est.)

Exports commodities

bananas, soap, bay oil, vegetables, grapefruit, oranges

Exports partners

UK 22.7%, Jamaica 10.3%, South Korea 9.1%, Antigua and Barbuda 9%, Guyana 7.6%, China 7.2%, Trinidad and Tobago 4.9%, Saint Lucia 4.1% (2006)

Imports

$234 million f.o.b. (2004 est.)

Imports commodities

manufactured goods, machinery and equipment, food, chemicals

Imports partners

US 24.3%, China 21.8%, Trinidad and Tobago 13.2%, South Korea 7.6% (2006)

Debt external

$213 million (2004)

Economic aid recipient

$29.2 million (2004 est.)

Currency code

East Caribbean dollar (XCD)

Exchange rates

East Caribbean dollars per US dollar - 2.7 (2006), 2.7 (2005), 2.7 (2004), 2.7 (2003), 2.7 (2002)

Free IQ test online

IQ test lasts approximately 30 minutes and contains 40 questions !

In the IQ test you must focus on the maximum. Test questions are simple. In the IQ test may not use the calculator and paper.

agriculture: 17.7%
industry: 32.8%
services: 49.5% (2004 est.)

agriculture: 40%
industry: 32%
services: 28%

lowest 10%: NA%
highest 10%: NA%

revenues: $73.9 million
expenditures: $84.4 million; including capital expenditures of $NA (2001)