ROSEAU, Dominica, Mar 27, CMC – The International Monetary Fund (IMF) Friday said that Dominica’s economic growth accelerated to 4.5 per cent last year supported by robust tourism and targeted development investments.
An IMF mission, headed by Christopher Faircloth, has ended a 10-day visit here, holding discussions on the 2026 Article IV consultation with local authorities.
“Dominica’s economic expansion continued,” he said, noting that real gross domestic product (GDP) growth accelerated to 4.5 per cent in 2025 from 3.5 per cent in 2024.
He said inflation continued to ease, averaging 2.3 per cent in 2025 and that the current account (CA) deficit remained elevated relative to its estimated norm at 38 per cent of GDP in 2025, primarily reflecting high construction-related imports.
Faircloth said strong execution of macro-critical projects, including resilient roads and geothermal transmission lines, interrupted the steady fiscal adjustment of recent years by contributing to a widening of the primary deficit to 4.5 per cent of GDP in financial year 2024/25.
(Details in Business section)
CMC/2026