Dominica’s economy rose from 3.5% to 4.5% in 2025, driven by tourism and targeted development investments, says Finance Minister McIntyre.
Dominica: The Government of Dominica has reported that the country’s economy has grown from 3.5 percent in 2024 to 4.5 percent in 2025, reflecting Dominica’s progress and stability despite challenging global conditions.
The percentage was disclosed by the Finance Minister, Dr. Irving McIntyre, on Wednesday, June 3, 2026, during his address at the national budget consultation at the State House Conference Centre.
In his speech, the finance minister referenced the report published by the International Monetary Fund (IMF), which credited the growth to the tourism sector’s performance and the targeted development investments in Dominica.
“Over the past year, economic activity has continued to expand, current projection estimates economic growth of approximately 4.5 percent in 2025,” reported Minister McIntyre.
Finance Minister McIntyre went on to share that the economic growth is a testament of the country’s resilience, noting that due to the ongoing projects and tourism performance, the economy will continue in its upward trajectory and therefore expand the country in the long run.
“This growth has been supported largely by strong tourism performance, continued public sector and private sector construction, investment in productive sectors and significant capital expenditure across infrastructure, housing, resilience and social development,” shared the Minister, who further added, “Tourism performance remains encouraging and several strategic investments are positioning the country for long-term expansion.”
He also noted that inflation has remained “moderate,” easing at an average of 2.3 percent while the financial system remained stable and liquid.
However, despite the positive outlook, the Minister for Finance explained that Dominica still has to improve in some key areas. He mentioned tax administration, pension reform, economic diversification trade integration and connectivity as the areas of improvements.
“However, these positive indicators take only one part of the story. The reality is that while growth continues, the environment within which we operate remains extremely complex. Small island development states like ours continue to face considerable uncertainty rising from global economy conditions,” explained the Minister.