2020 Annual Economic and Financial Review

2020 Annual Economic and Financial Review

STATISTICAL TABLES

Table 23

Dominica

External Sector - Analytical Summary 2016 to 2020

2017 2018 R

2019 P

2020 P

2016

I. Current account

(119.32)

(124.85)

(645.70)

(600.79)

(375.02)

Goods 1

(438.92)

(435.38)

(736.96)

(709.50)

(465.83)

Exports

68.65

35.12

31.24

49.04

41.31

Imports

507.56

470.50

768.20

758.54

507.14

Services

277.53

158.93

26.28

86.26

(2.88)

of which Travel

469.84

381.93

183.71

275.41

71.26

Primary income

(57.05)

4.90

(1.59)

(26.70)

37.28

Of which:

Compensation of employees

(17.94)

(22.77)

5.75

7.64

6.72

Investment income

(39.10)

27.68

(7.35)

(34.33)

30.56

Secondary income

99.12

146.70

66.57

49.15

56.41

Of which: Workers' remittances

77.58

85.44

77.98

79.28

78.42

II. Capital account

396.78

989.16

397.49

131.39

128.87

Net lending (+) / net borrowing (-) (balance from current and capital account) 2

277.46

864.31

(248.21)

(469.39)

(246.15)

III. Financial Account 3

264.74

790.32

(322.62)

(614.54)

(167.25)

Direct investment

(111.73)

(61.38)

(206.57)

(160.33)

(67.85)

Portfolio investment 4

(34.16)

15.58

6.35

(9.07)

20.78

Financial derivatives (other than reserves) and employee stock options

-

-

-

-

-

Other investment 5

152.20

862.25

(65.88)

(378.86)

(146.68)

of which: Deposit Taking Insititutions

122.76

360.10

225.78

(248.61)

(69.97)

Imputed Reserve Assets 6

258.43

(26.13)

(56.52)

(66.27)

26.50

IV. Net errors and omissions 7

(12.72)

(73.99)

(74.41)

(145.15)

78.90

Source: Eastern Caribbean Central Bank and Central Statistical Office, Dominica

R-Revised, P-Preliminary (Not based on Survey data)

Notes

The balance of payments is a statement that summarizes economic transactions between residents and nonresidents during a specific time period

1 Excludes freight and insurance cost which are reported under services 2. This represents the surplus(net lending) or deficit(net borrowing) that an economy has with the rest of the world.

3. Explains how the net balance on the current and capital account is financed. It represents the increase in the net external position: +ve / decrease in net external position: -ve . Conceptually the current and capital account balance should be equal to the financial account balance.

4. Includes tradable debt securities i.e. T-bills and bonds 5. Includes in particular loans, currency and deposits, trade credits, other accounts receivable and payables 6. Includes Special Drawing Rights (SDR) allocations.

7. These refer to statistical errors and omissions which result fromdifferences in the current an capital account and financial account balance as mentioned in note 3.

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