Top 10 Caribbean Nations Based on Gross National Income

By ABS Contributor | Published on December 19, 2013 | Updated on January 31, 2017 11:28 AM EST

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8. Dominica $6,460 (GNI)Bananas and other crops dominate Dominica’s economy, and nearly one-third of the labor force works in agriculture. In 2008, Dominica had one of the lowest per capita gross domestic product rates of Eastern Caribbean states. The country nearly had a financial crisis in 2003 and 2004, but its economy grew by 3.5 percent in 2005 and 4.0 percent in 2006, following a decade of poor performance.

Growth in 2006 was attributed to gains in tourism, construction, offshore and other services, and some sub-sectors of the banana industry. The International Monetary Fund recently praised the government of Dominica for its successful macroeconomic reforms.

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