Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1697797216661.pdf (Dominica)
• COMMONWEALTH OF DOMINICA NATIO~AL ACCOUNTS STATISTICS ~ .

:, • OF THE COMMONWEALTH OF DOMINCA 1980 - 1993 CENTRAL STATISTICAL OFFICE MINISTRY OF FINANCE ROSEAU, DOMINICA .... .. .. .. ,~..,_.-...-.,,,,,,,~------~, ~,---p' TABLE OF CONTENTS PAGE NO PREFACE DEFINlll0N OF mE COMPONENTS OF mE ACCOUNTS AND RELATED AGGREGATES NOTES ON MEmODOLOGY ANALYSIS OF mE PERFORMANCE OF mE DOMINICAN ECONOMY FOR 1993 TABLE 1.

Gross Domestic ProduL.

by Economic Activity at Factor Cost in Current Prices 1980 - 1993 2.
Gross Domestic Product by Economic Activity at Factor Cost in Constant Prices 1980 - 1993 3.

Expenditure on Gross Domestic Product in Current Prices at Purchasers Value, 1980 - 1993 4.

Gross National Disposable Income, Appropriation and Capital Finance in Current Prices 1980 - 1993 5.

Percentage Contribution of GDP by Economic Activity at Factor Cost in Current Prices 1980 - 1993 6.

Percentage Contribution of GDP by Economic Activity at Factor Cost in Constant Prices 1980 - 1993 7.
Rate of Growth of GDP by Economic Activity at Factor Cost in Current Prices 1980 - 1993 8.

Rate of Growth of GDP by Economic Activity at Factor Cost in Constant Prices 1980 - 1993 9.

Percentage Change of Expenditure Oil Gross Domestic Product in Current Prices 1 8 13 TABLE OF CONTENTS CONTINUED 10.

Gross Domestic Product Deflators by Economic Activity at Factor Cost 1980 - 1993 11.

Index of GDP by Economic Activity at Factor Cost in Current Prices 1980 - 1993 12.
Index of GDP by Economic Activity at Factor Cost in Constant Prices 1980 - 1993 13.

Gross Domestic Product and Allied Aggregates in Current Prices 1980 - 1993 14.

Gross Domestic Product and Allied Aggregates in Constant Prices 1980 - 1993 15.

Current Account of Central Government Revenue 16.

Current Account of Central Government Expenditure 17.

Current Account of Departmental Enterprises 18.

Capital Account of Central Government 19.


Current Account of Central Government Revenue as a percentage of GDP 20.

Current Account of Central Government Expenditure as a percentage of GDP 25 26 27 28 29 30 31 32 33 34 35 21.

Balance of Payments 1986 - 1993 22.

Selected Economic Irulicators 1980 - 1993 36 - 37 38 PREFACE This is the fifth publication on National Accounts issued by the Central Statistical Office.
This issue provides estimates of Gross Domestic Product in current and constant prices at factor cost, and also of expenditure on GOP at current prices, Gross National Disposable Income, Appropriation and Capital Finance.

Additionally, it includes the Balance of Payments components from 1986 to 1993.

The accounts of Central Government as well as government enterprises and some key economic indicators are also included.
In presenting this report, the standard methodology adopted for the OECS countries which is broadly consistent with the revised United Nations System for National Accounts (SNA) has been used.

However, due to serious manpower constraints and other pertinent problems, the scope of the series has been greatly restricted.

Consequently, a number of the tables which have been recommended in the SNA are not here presented.
Compilation of the Balance of Payments estimates which is undertaken with assistance from the Eastern Caribbean Central Bank follows standard procedures recommended by the International Monetary Fund's (IMF) "Blue Book".

The material presented in tt;s issue consists of revised National Accounts estimates for the period 1980 to 1992 and preliminary estimates for 1993.

Substantial revisions were made to the series to incorporate the new base year of 1990.

Previously, 1977 was used as the base year.


In the process of revising the series, some changes were made to a few of the deflators as a means of improving on the quality of the estimates.

Also, revised Balance of Payments estimates are presented from 1986 to 1993.

Heavy reliance is being placed on an annual survey of establishments which provides most of the source data for the compilation of these statistics.
The Central Statistical Office expresses sincere thanks to the many establishments which continually provide us with the relevant data.

In addition the services rendered by Mrs Hazel Corbin of the OECS and Miss Lucilla Lewis of the ECCB have gone a long way in finalizing the National Accounts and Balance of Payments statistics.
Mr Thomson Fontaine of the CSO over the past few years has greatly assisted in the development of the National Accounts statistics through data collection, compilation and analysis of the estimates and undertook responsibility for the preparation of this issue.

UJLCL' Michael Murp y rt ~ - (; Chief Statistician Central Statistical Office -rI-~ r+1J--'--~t~ Thomson Fontaine Statistician Central Statistical Office DEFINITION OF COMPONENTS OF THE ACCOUNTS AND RELATED AGGREGATES I.
COMPENSATION OF EMPLOYEES: This is defined to include all payments by resident producers of wages and salaries to their employees in cash and in kind, and of contributions paid or imputed,in respect of their employees, to social security schemes and to private pensions, family allowance, casualty insurance, life insurance and similar schemes.
(1) Wages and Salaries: This is defined to include all payments which employees receive in respect of their work deductions to whether in cash Social Security, before Included are: kind, Tax, and etc.

in ome or Inc Commissions Tips Bonuses (a) (b) (c) (d) Cost of living and dearness allowances (e) Fees to ministers of religion (f) Fees to members of boards of directors (g) Holidays and paid vacation or sick leave.

Also included is the cost to the employer of providing food, lodging, ordinary clothing etc.
either free of cost, or at a markedly reduced cost which are of clear and direct benefit to the employees as consumers.

Excluded from wages and salaries are expenditure by employers which are of benefit both to the employees and the employers.
Examples of these are outlays on: (a) Medical Examinations (b) Sport and other recreational facilities (c) Amenities at place of work (d) Reimbursement of expenses for travel and entertainment (e) Reimbursement of expenses or provision of uniforms, tools and equipment.

(2) Employers contribution to Social security Schemes: This concept is self explanatory.

(3) Employers contribution to Private Pension Funds etc.
This is defined as contributions to funds, reserves or other of family private special schemes in respect allowances, lay-off and severance pay, casaulties and maternity leave, pensions etc.

- I ­ The SNA states schemes payments of contributions in included in the schemes.
of that if in the absence of special employers reserves, this type to their employees, direct imputed respect of these obligations should be employers contribution to private make II THE OPERATING SURPLUS: This is equivalent to the excess of the value added at producer's prices over the sum of compensation of employees, indirect taxes net of subsidies and allowances for the consumption of fixed capital.
If strict income approach to estimating value added is used, operating surplus is estimated directly and value added is computed as the difference between gross output and intermediate consumption and operating surplus is calculated as the residual between value added and its other components.

Operating surplus is simply the sum of net profits and property income.
When estimates of operating surplus of establishments are derived from data on profits shown in the accounts of enterprises, care has to be taken to adjust these data, as necessary, to the national accounts definition.

If the figures from the accountants of enterprises, relate to profits before taxes, it is necessary to adjust them to remove any property incomes - interest, rent on land, royalties, etc.
- and transfers paid and received - grants to institutions and individuals, investments, subsidies and grants ­ and capital gains and losses reflected in the figures.

III THE GROSS OUTPUT OF INDUSTRIES: This is equal to the gross value of the commodities (the goods and In the case of units services) they produce during the period.

producing for the market most of the goods produced during a period are usually sold during the same period.
The rest goes into the stocks of the producers either in the form of finished goods or as work-in-progress.

Work-in-progress includes partially processed, fabricated or assembled goods, but excludes partially completed construction works, which are included in gross fixed capital formation and in the sales of the construction industry.

The increase in the value of standing timber and crops which is due to growth is excluded from gross output and work-in-progress.
Goods and services produced which are not intended for sale in the market, but are used for consumption or capital formation on own account, should also be covered in the gross output of industries.

IV INTERMEDIATE CONSUMPTION: This is made up of the purchases of goods and services on current account reduced by sales less purchases of similar second-hand goods.

The goods are valued at purchaser's values at the moment of use.
For Government, durable goods acquired primarily for - 2 ­ mili tary purposes are treated as intermediate consumption.

It should be noted that family dwellings for military personnel are not treated as a part of Government consumption but as publ ic sector investment.

The durable goods purchased for civil defense, and for military hospitals, schools, airport and roads, etc.

when given for civilian use, are not part of Government consumption but are treated as fixed capital formation.
Payments in kind of wages and salaries of such items of housing, food or clothing as in the case of industries are not treated as being the intermediate consumption of these institutions, but included as part of compensation of employees, and therefore, become part of final consumption of households.
V CONSUMPTION OF FIXED CAPITAL: This is defined as the value at current replacement cost of the reproducible fixed assets except the roads, darns and other forms of construction excluding structures of the producers of government services used up during a period of account as a result of normal wear and tear, the normal rate of accidental damage, unforeseen obsolescence, major catastrophes and the depletion of natural resources are not taken into account.
foreseen obsolescence and VI INDIRECT TAXES: These are defined as compulsory payments to Government which industries treat as part of the cost of production.
They include import and export duties, excise, sales, entertainment and turnover taxes, real estate and land taxes, unless they are merely an administrative device for collecting income tax, levies on value added and (but not social security contributions), motor vehicle, driving test, licence, airport and passport fees when paid by producers, but are considered to be compulsory fees, fines and penalties when paid by the Household Sector.
the employment of labour VII SUBSIDIES: These are all grants on current account made by Government to private industries and pUblic corporations, and grants made by the public authorities to Government enterprises in compensation for operating losses, when these losses are clearly the consequences of the policy of the Government to main prices at a level below cost of production.
Any Government grants to producers which are not connected with their productive activities but are given to them in the capacity of customers, such as social assistance grants and social security benefits should be treated as current transfers and not as subsidies.

- 3 ­ VIII GOVERNMENT FINAL CONSUMPTION: This is defined as the gross output of producers of Government services less the value of Government sales and the value of its own-accounts capital formation.
The gross output is equal to the cost of production, that is, the sum of intermediate consumption of goods and services, compensation of employees, consumption of fixed capital and direct taxes paid.

and include services, and expenditures fees and charges The Government final consumption expenditure, consists therefore of on the purchase of goods compensation of employees less the revenue received from sales.

Sales do not levied by Governments for regulatory purposes.
Examples are payments of driving tests, vehicle licences, driving permits, dog licences, passports, airport fees and fees charged for court services, all of which are defined as fees when paid by households and as indirect taxes when paid by enterprises.

Fines and penalties are also excluded from sales and classified as "fines and penalties" whether paid by households or enterprises.

These items are not to be deducted to arrive at final consumption expenditure.
from gross output that are IX GROSS FIXED CAPITAL FORMATION: The producers This consists of additions to the assets of producers of tangible reproducible goods which have an expected lifetime of use of one year or more.

industries, producers of Government services and producers of private non­ profit services to households.

The capital goods may be purchased or produced on own account.
Sales less purchases of second-hand fixed assets and sales of scrapped fixed assets by producers should be deducted from gross fixed capital formation.

Gross fixed capital formation covers the following items: in question may be (i) land, mineral deposits, Acquisitions by producers for civilian use of tangible assets which have an estimated lifetime of use of one year or more, except timber tracts and similar non-reproducible tangible assets.
Relatively inexpensive durable reproducible goods, such as certain types of office equipment, may on practical grounds be excluded.

Government outlays on construction and machinery and durable equipment primarily intended intermediate for military use, consumption rather than gross fixed capital formation.
are classified as (ii) Outlays on improvements and alterations of capital goods which significantly extend their expected lifetime of use or their producti vi ty are increase considered to be gross fixed capital formation.

substantially -4 ­ goods and services which it has received from other units, at home or abroad.

XIII GROSS DOMESTIC PRODUCT AT MARKET PRICES: This is equal to GDP at factor cost plus indirect taxes less subsidies.
XIV GNP AT MARKET PRICES: GNP at market prices is the value of the goods and services produced by the labour and capital supplied by normal residents of a country.

It is derived by adding net factor income from the rest of the world to GDP at market prices.

xv NET FACTOR INCOME FROM THE REST OF THE WORLD: the sum of is defined as two major components, net This compensation of employees, and net property and entrepreneurial income.
Net compensation of employees covers the labour income of residents abroad and non-residents in the country.

Net property and entrepreneurial income covers investment income from ownership of foreign financial claims such as interest, dividends, and non­ financial property income such as patents, copyrights, etc.

The entrepreneurial income of foreign investment in a country, i.e.

profits and dividends, could be remitted to foreign countries or The unremitted position is always treated as left unremitted.
reinvested earnings.

XVI LABOUR INCOME AND WORKER'S REMITTANCES: It should be noted that there is a distinction between those individuals whose earnings are to be classified as labour income (persons who are not residents of the economy where they work) and migrants (persons who have become residents of that economy by virtue of being expected to live there for a year or more).

This distinction is often hard to make in practice.
Data for these items are generally obtained from the balance of payments accounts, where migrants' income is classified as workers' remittances under unrequitted transfers.

Often when the distinction cannot be made labour income is aggregated with workers' remittances.

XVII NATIONAL ACCOUNTS AT CONSTANT PRICES: For analytical purposes, the national accounts at constant prices are derived by breaking current values down into a price component and quantity component.
Estimates at constant prices are usually derived indices or by extrapolating base year values by appropriate volume indices.

Both are equivalent to expressing current period quantities at base period prices.

the values by price by deflating - 5 ­ (iii) (iv) (v) outlays on the reclamation and improvement of land, on the development and extension of timber tracts, mines, plantations, orchards, and similar agricultural holdings are included in gross fixed capital formation.
Purchases and breeding of draught animals, breeding stock, dairy cattle and sheep and other animals raised for wool and hair clips should be treated as acquisitions of fixed assets.

Dealers' margins , sOlicitors' fees, stamp duties and other transfer costs of transactions in land, mineral deposi ts, timber tracts and similar non-reproducible assets in tangible non-financial assets and in second­ hand assets are covered in gross capital formation.
X INCREASE IN STOCKS: This is equal in principle to the market value at the owning establishment of the physical change during a period of account in stocks of materials, on construction projects, finished products, livestock raised for slaughter and merchandise held by resident industries and in stock of strategic materials and emergency stocks of important products held by Government services.
In practice, the closest feasible approximation may be the difference between the levels of these stocks at the beginning and end of the period, both valued at approximate average prices rUling over the period.

supplies, work-in-progress except XI EXPORTS AND IMPORTS OF GOODS AND NON-FACTOR SERVICES: in kind etc.
Military equipment This consists of the transactions of the residents of a given country with the rest of the world, and covers merchandise, transportation, travel, insurance and other non-factor services, such as Government transactions, various fees, rentals, royalties, transferred between gifts Governments may, however, go unrecorded.

Expenditure abroad by residents such as tourists and other persons, seasonal workers, and diplomatic and military personnel stationed abroad are treated as imports.
Similarly, expenditures in the domestic territory by non­ residents are considered exports.

f.o.b., while the valuation of imports is c.i.f.

The valuation of exports is XII GROSS DOMESTIC PRODUCT AT FACTOR COST: This is pertains to the value of all goods and services produced in an economy within a time period of usually one year.

It is equal to the sum of compensation of employees, consumption of fixed capital and operating surplus.
An over-riding consideration on measuring the value of a country's gross domestic product is that duplication must be avoided.

Duplication is avoided by deducting from the output of each producing unit the value of the inputs of - 6 ­ XVIII METHODOLOGY OF ESTIMATING GROSS DOMESTIC PRODUCT: The value added can be estimated by three different approaches, which are generally called the production approach, the income approach and the expenditure approach.
The production approach is designed to evaluate the value of intermediate output.

consumption from the value of output.

The production approach is useful for estimation of value added for the commodity producing sectors, viz.

agriculture, livestock, forestry, fishing and mining.

is estimated by deducting The value The income approach is used to estimate the value added by aggregating compensation of employees, operating surplUS and consumption of fixed capital.
This approach is most commonly used in the case of service sectors, since data on gross output and intermediate consumption in the service sectors may not be readily available.

The expenditure approach, is used to estimate the gross domestic product according to categories of final use.
This consists of estimates of expenditure of final consumption of households, consumption expenditure of Government, private non-profit services serving households and gross capital formation adjusted for imports and exports of goods and service.

- 7 ­ AGRICULTURE NOTES ON METHODOLOGY " This sector comprises of crops, livestock, forestry and fishing.
CROPS Estimates on production from crops cover output of thirty one different crops of which bananas are the principle crop accounting for about 20% of total agricultural production at farm-gate prices.

Other important agro-industrial crops are coconuts, grapefruits, limes, oranges and bay oil.

Value added is estimated by the production approach.

The value of including output consists of exports and sUbsistence, which vary from crop to crop.
The output of the various crops are estimated in consultation with the Ministry of Agriculture.

The farm-gate prices are obtained by adjusting export f.o.b.

and market prices for trade and transport margins.

These prices are checked for consistency with prices paid by Banana Growers Association, and Dominica Coconut Products to the banana and coconut growers, and those paid by Dominica Agricultural Marketing Board for several other crops.
local consumption, The cost of material inputs consists of imported inputs such as seeds, fertilizers, pesticides and insecticides.

The c.i.f.

value of these imports are adjusted upwards to include duty, consumption tax and trade and transport margins.

Additionally, in consultation with the Ministry of Agriculture, local inputs of materials and costs of repairs and maintenance of agricultural machinery and tools are estimated at 10% of the value of output.
The double deflation method is used to obtain the 1977 constant prices.

Production of all agricultural crops are revalued at 1977 prices.

Imported inputs are deflated by an index of potassic fertilizer prices, and local inputs are taken to be 10% of constant price outputs.

LIVESTOCK livestock is estimated by the production The value added for approach.

The livestock Division of the Ministry of Agriculture provides estimates of beef, pork, mutton, poultry, meat, eggs and milk production.
Estimates of meat production are based on slaughter permits and an upward adjustment is made for unrecorded slaughter.

Estimates on poultry an egg production are obtained These are cross-checked for from consistency with the Ministry of the estimates provided by Agriculture.

Material inputs consist mostly of imported livestock feed which amounts to about 25% of the gross value of output.

Local inputs are estimated at 5% of output.

The constant series is obtained by the double deflation method.
the maj or poultry farms. "

- 8 ­ ELECTRICITY AND WATER The value added in this sector is estimated by the income approach.

the Dominica The main source of data are Electricity services and the water Supply Authority.

The constant price estimates are extrapolated from the base year estimates on the basis of electricity sold and water supply.

the accounts of CONSTRUCTION The value added in construction is estimated by the commodity flow approach.
The estimates are essentially based on imports data, since domestic output of construction material is negligible.

The c. i. f. values of imports of construction material are adjusted downwards for any re-exports and for non-construction purposes; and adjusted upwards for duty, consumption tax, trade and transport The value of construction materials used as inputs is margins.

assumed to be 65% of the gross value of output.


This proportion has been derived on the basis of discussions with the Ministry of Communications and Works and private contractors.

For the constant price estimates, the deflator used is an index of c.i.f.

import prices of construction materials (based on SITC Rev.2 section 6 and 2) • WHOLESALE AND RETAIL TRADE in the trade sector is estimated by income The main source of data are the accounts of trading Value added approach.
establishments available at the Inland Revenue Office.

For non­ response, adjustments are made on the basis of data on employment and remuneration available from the Social Security Department.

The small traders (self-employed) and vendor trade are assumed to The constant price be a very small percentage of the total.
estimates have been obtained by extrapolating the base year estimate by an index of traded goods valued at 1977 prices, covering outputs of Agriculture, Mining and Manufacturing sectors and imports.

the HOTELS AND RESTAURANTS The value added estimates are obtained by the income approach.

The main sources of data are the accounts at the Inland Revenue Office.

To cover small hotels and restaurants the above is adjusted by 5%.
The constant price estimates are derived by extrapolating the base year value added by an index of the total number of visitor arrivals.

TRANSPORT The transport sector comprised of road transport, water transport and air transport.

- 9 ­ FORESTRY The value of output covers bamboo, wood, firewood and charcoal.

The estimates are obtained in consultation with the Ministry of Agriculture Forestry Department.

Material inputs are estimated at 20% of gross value of output.
The constant price series is obtained by the double deflation method.

FISHING fishing, the Ministry of Agriculture Fisheries Division For Since December 1983, landed catch.

provided estimates of enumerators from the Ministry are collecting detailed monthly data on catch at major fishing ports.

Data are also obtained from the cooperatives.

For the previous years, output has been estimated on non-mechanized boats and the basis of number of mechanized and average catch per boat.
The Department of Fisheries conducted an ad hoc survey in 1981 and estimated that there were 350 mechanized and 259 non-mechanized boats in fishing and they caught 8,000 lbs and 2,080 lbs of fish per boat respectively.

The retail price of fish is taken as the producers' price since most of the fish is usually sold at the point of landing.

The material inputs consist of expenses on fuel, bait, nets, repairs and maintenance of boats, etc.
which amounts to 48.7% of the value of output for mechanized The constant price boats and 5.2% for non-mechanized boats.

estimates are obtained by valuing output at 1977 prices and deducting input in the same proportion as in the current series.

MINING AND QUARRYING This is a relatively small sector and consists of only one private company and the government engaged in quarrying.

The output covers production of gravel, stone, pumice and sand.
Due to the lack of more comprehensive data for this sector, in recent years the value in Mining has been assumed to be about 10% of the value in construction in both current and constant prices.

MANUFACTURING interest, Value added in the Manufacturing sector is estimated by the income approach.

The main source of data is the Inland Revenue Office.

The available income tax returns are analyzed and data on wages and and profits, which salaries, rent, depreciation consti tute the value added, are compiled.
The non-response is estimated on the basis of data on wages and salaries available from the Social Security Department.

The contribution of the small scale industries and handicrafts are assumed to be 10% of the total value added.

The constant price estimates are worked out by extrapolating the base year estimate on the basis of quantities of manufacturing output.

- 10 ­ ROAD TRANSPORT The estimates of value added are obtained on the basis of earnings per vehicle and number of vehicles.
The vehicles covered are hired trucks, buses, taxis, and hired jeeps, and their number is obtained from the licensing authorities.

The earnings per vehicle are obtained on the basis of inquiries from various operators.

The constant price estimates are extrapolated by the number of vehicles in each category.
WATER TRANSPORT The income approach is used to derive value added estimates for water transport, which are obtained from the accounts of port authority, shipping agents and lighter owners, and private shipping companies.

The constant price estimates are derived on the basis of volume of cargo traffic.

AIR TRANSPORT This sector covers LIAT, air travel and airport administration.
The income of travel agents and airport administration have been obtained from their accounts, and 5% of LIAT's operating surplus is being included representing the share of equity capital held by Dominica.

The constant price estimates are based on the index of volume of passenger arrivals.

COMMUNICATIONS The estimates cover the operations of the Post Office and Cable and Wireless.
The accounts of the Post Office which are available from the Government budget are analyzed to obtain compensation of employees and the constant price estimates are based on the volume of postal traffic.

The accounts of Cable and Wireless for Dominica's operation are analyzed to obtain the value added in current prices.

The constant price estimates are based on the number of minutes of overseas calls.

BANKING AND INSURANCE The value added estimates are obtained by the income approach.
The accounts of 5 commercial banks, 22 credit unions and insurance companies re analyzed to obtain the data.

For the banking sub­ sector, the constant price estimates are based on a combined index of cheques cleared and employment for (50:50 weights), insurance the deflator used is the Consumer Price Index.

and REAL ESTATE AND DwELLINGS The value added estimates for owner-occupied dwellings are calculated on the basis of number of houses and average rent per house.
One month's rent is subtracted as cost of repairs and maintenance.

The number of dwellings is projected on the basis of - 11 ­ 1970 and 1981 population census data on housing and the growth of the population.

The rate of rent per house for the island as a whole is assumed to be half of the low cost housing as most of the houses are of low quality.
The value added at constant prices are derived first with population growth, and then inflated by the total Consumer Price Index to obtain current price estimates.

The constant price value added for 1979 has been adjusted downwards on account of destruction of houses by Hurricane David.

The Roseau Market Authority is engaged in real estate.

The contribution to value added is very small as is based on compensation of employees.
GOVERNMENT SERVICES and salaries, pensions The value added at current prices are obtained from analysis of the data on actual expenditure available from the computer printouts.

and gratuities comprise The wages compensation of employees.

The operations of the post office, airport, broadcasting and construction are excluded and allocated to their appropriate sectors.

The major accounts in the government local government and Social thus refer to central government, Security Administration.
Fiscal year data of central and local governments are adjusted to correspond to the calendar year.

The constant price estimates are obtained by eliminating the effect of wage increase due to cost of living.

OTHER SERVICES This sector covers business, entertainment and personal services, individual such as services of accounting firms, professionals, domestic maids, barbers and beauty salons etc.

Broadcasting and recently Cable TV have also been included.
The data are based on a benchmark estimate compiled for 1977-1978 from the Inland Revenue Office accounts and Social Security data on employment and remuneration.

The constant price series is derived on the basis of population growth, and the current price series obtained by inflating the above with the Consumer Price Index.
legal firms , IMPUTED BANKING SERVICE CHARGES According to the recommendation of the UN SNA, the imputed banking service charges, which consists of the difference between interest earned on loans and interest paid on deposits, have been deducted from the GDP in a single line, and not allocated to individual sectors.

by extrapolating the base year figure with an index of cheques cleared and employment (50:50 weights) as was the case for the Banking Sector.
constant price estimates are obtained The - 12 ­ ANALYSIS OF THE PERFORMANCE OF THE DOMINICA ECONOMY FOR 1993 (The Dominica Economy grows by 1.8 percent) OVERVIEW: The Dominica economy grew by 1.8% in real terms in 1993, despite a 1.7% drop within the agriculture sector.

At the same time, there was steady growth within the Hotels and Restaurant sector (12.6%), the Communications sector (5%), the Banking and Insurance sector (2%) and the Construction sector (4%).
The rate of inflation as measured by the Consumer Price Index (CPI) stood at 1.6 %, the lowest level in well over twenty years.

Export earnings were estimated to have dropped by about five percent whilst import levels increased only marginally by about one percent.

At the same time, visitor arrivals (excluding cruiseship visitors) into Dominica increased by 5.2 percent with cruiseship visitors falling slightly by 2.2 percent.
CONSUMER PRICES: A 1.6 percent increase was rt:corded in the Consumer Price Index in 1993 over 1992, the lowest for more than two decades.

Throughout the year the monthly movements in the All Items Index were either negative or reflected increases of less than 1 percent.

In June, a high of 3.61 percent was registered as a result of an unusual increase in the food group index particularly the vegetables and fruits sub-group.
Between July 1984 and July 1993, 50 to 90 percent price increases were ooted in such items as beef, tuna, cheese, redbeans, cigarettes, women casual shoes and television fees.

Over 100 percent increases were noted in salted fish, whisky, water rates, women dresses and doctors fees.

Over 200 pa-cent increases were recorded in carrots and pre-school fees.
Chicken wings, eggs, :urn, kerosene, petro: and refrigerators were among the items reflecting increases of less than 10 percent AGRICULTURE SECTOR: The agriculture sector was the only sector within the Dominica economy to register negative real grovth in 1993.

This was largely as a result of the drop in production within the dominant banana industry.

1he level of banana exports by the Dominica Banana Marketing Corporation fell by 4.2 ~ from 57,938 tomes in 1992 to 55,486 tonnes in 1993.
This, coupled with an average 14.3 percert drop in the gre'n wholesale price of bananas led to a 16.6 miIlion drop in export revenue from EC$ 82.03 million in 192 to EC$ 65.42 million in 1993.

Overall output within the agriculture sector declined by 2.2 percent with Agriculture's contribution t( GOP for 1993 standing at 23.49%.

The livestock, forestry and tishing sectors contributed 1.68 %, 0.79 % and 1.

75 % r~pectively to real GOP.


- 13 ­ HOTEL AND RESTAURANT SECTOR: Activity within the tourism sector is largely reflected in changes in the hotel and restaurant sector and as such, this is sometimes used as a proxy in estimating tourism contribution to overall GDP.

For the year under review, the contribution of the hotel and restaurant sector to real GDP was 2.6 percent.
In addition, the sector recorded the largest increase in real GDP among the other sectors of the economy growing by 12.6 percent when compared to 1992.

The number of tourist arrivals (stay-over visitors) into Dominica increased by 11 percent in 1993, moving from 46,959 arrivals in 1992 to 52,200 in 1993.

Fifty-six percent of tourist arrivals originated from the caribbean region with twenty-eight percent coming from the French West Indies.
Europe accounted for twenty-two percent whilst sixteen percent came from the United States.

During 1993, cruiseship arrivals into Dominica fell to 87,836 visitors from 215 calls compared to 90,049 visitors from 193 calls in 19Q2.

At the same time, total visitor arrivals (excluding cruiseship visitors) was recorded at 57,539 in 1993 compared to 55,211 in 1992.

MANUFACTURING: Real growth of 1.5 percent WiS recorded within the manufacturing sector for 1993.
This put the overall contribution of this sector to GDP at 7.6 percent which equalled the contribution in 1992.

Most of this gro"th was registered within soap manufacture, toiletries, paint, furniture and shoe manufacture.

COfliSTRUCTION, MINING AND QUARRYING: The number of construction starts at the end of 1993 stood at 182 with a value of EC$32.8 million comJared with 189 and a value of EC$29.8 million in 1992.
Construction permits issued by the Housing autlurity increased from 543 with a value of EC$85.3 million in 1992 to 556 and a value of EC$105.9 millon in 1993.

At the same time, the percentage contribution of construction to real GDP was 7.5 penent growing at a raU of four percent in 1993 following the negative growth of just under one percent in 992.

Mhing and quarrying generally kept pace with the stepped up level of construction activity throughout thl Island.
Activity within this sector grew by 4.1 percent and pushed the overall contribution to GDP toO.77 percent.

Prier,OS of aggregate generally remained steady during 1993. rANKING AND INSURANCE: "his sector is the third largest contributor to GDP after agriculture and government.

The overall ontribution to GDP in 1993 stood at 12.3 percent which equalled the 1992 contribution.
The financial nstitutions increas:d their lending to manufacturing concerns, the distributive trades, the tourism sector as well as personatJoans for house and land purchases.

Rates for the various types of insurance generally remained at the 1992 level and increased activity was recorded within that sector for the period under review.

- 14 ­ ELECTRICITY AND WATER: During 1993, the percentage contribution of this sector to real GDP was 3.39 percent with a growth rate of 1.98 percent.
Electricity generated in 1993 was up 5 percent over the 1992 level.

A rise in the number of first time users would have impacted positively on the level of consumption.

At the same time, consumers benefitted from a much reduced fuel surcharge.

Water consumption by domestic households was on the rise.

TRANSPORT AND COMMUNICATION: The percentage contribution of this sector to real GDP in 1993 was estimated at 17.9 percent with a growth rate of 7.9 percent over 1992.
The communication sector continues to expand appreciably within the domestic economy with .m increasing use by the populace of telecommunication facilities.

Increased visitor arrivals into Dominica and the expansion of carrier services, contributed favorably to air transport growth in 1993.
Central Statistical Office - 15 ­ Tablol COMMONWEALTH OF DOMINICA GROSS DOMESTIC PRODUCT BY ECONOMIC ACTNITY, AT FACTOR COST IN CURRENT PRICES (EC$ Mll..LION) 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 Agriculture Crops LIvestock Forestry Fishing Mining & Quarrying 1.17 1.30 1.40 1.33 1.50 1.46 1.38 1.76 2.57 2.91 3.08 3.03 3.31 3.44 Manufacturing 6.93 10.23 13.39 14.12 12.36 14.37 16.88 18.25 20.99 24.53 26.43 30.71 35.55 37.53 Electricity & Water 3.47 4.88 5.00 5.23 5.92 6.24 6.68 7.39 8.97 10.04 11.18 11.49 17.19 18.05 Construction 18.48 14.56 13.69 12.58 17.17 15.00 11.82 14.42 21.05 24.97 28.16 31.09 32.51 34.35 Wholesale & Retail 13.16 13.39 13.79 14.12 14.68 21.08 25.80 30.24 33.21 38.59 41.07 44.36 48.11 50.59 Hotel & Restaurants 1.22 1.31 1.56 1.86 2.21 2.62 3.05 3.81 4.77 5.00 7.63 8.82 10.05 12.56 Transport Road Sea Air 18.04
1.83 9.79 2.15 9.98 2.72 12.80 15.41 17.02 18.04 3.44 3.79 4.03 4.52 Communications 1.49 3.14 4.59 7.23 8.88 9.40 10.85 15.36 19.41 23.37 23.66 28.39 31.66 33.64 Banks & Insurance 8.99 9.22 9.68 11.73 16.70 18.33 19.83 22.06 28.56 34.61 41.65 47.21 48.63 49.77 Real Estate & Housing 7.18 8.05 8.61 9.13 9.41 9.71 10.18 10.99 11.54 12.66 13.51 14.74 16.40 16.68 Government Services 33.74 35.41 37.05 40.63 47.05 50.12 54.36 57.63 59.52 66.98 69.01 80.64 80.07 82.47 Other Services 1.62 1.91 2.18 2.31 2.40 2.49 2.66 2.91 3.08 3.63 3.90 4.21 4.39 4.61 Less Imputed
 Service Charge 6.76 7.20 7.23 7.38 10.03 9.87 10.36 12.05 15.39 21.11 28.11 34.44 34.79 35.59 , TOTAL GROWfHRATE 143.74 152.91 163.60 18Q.42 202.69 223.28 253.27 283.63 319.22 337.56 369.84 407.36 436.70 447.53 35.86 6.38 6.99 10.28 12.34 10.16 13.43 11.99 12.55 5.75 9.56 10.14 7.20 2.48 SOURCE: CENTRAL STA TlSTlCAL OFFICEl OECSIEAS 1993 DATA PROVISIONAL 26 FEBRUARY 1994 - 16 - TABLE 2 Agriculture Crops Livestock Forestry Fishing COMMONWEALTH OF DOMINICA GROSS DOMESTIC PRODUCT BY ECONOMIC ACTIVITY, AT FACTOR COST IN CONSTANT (1990) PRICES (EC$ MILLION) Mining & Quarrying 1.48 1.62 1.64 1.62 2.05 2.11 2.00 2.32 2.85 3.01 3.08 2.60 2.92 3.04 .
Manufacturing 13.58 15.99 18.43 18.79 17.59 19.89 20.74 21.97 24.20 25.66 26.43 27.49 29.60 30.04 Electricity & Water 5.64 6.11 6.17 6.58 7.08 7.56 7.99 8.56 9.22 9.91 11.18 11.92 13.15 13.41 Construction 21.15 17.92 15.56 14.69 20.70 18.45 15.58 17.56 22.93 24.19 28.16 28.70 28.50 29.64 Wholesale & Retail 23.93 25.22 25.16 24.68 25.01 27.27 30.00 33.40 36.08 39.48 41.07 42.30 43.48 44.66 Hotel & Restaurants 3.07 2.97 3.26 3.73 3.83 3.70 4.17 4.57 5.28 5.52 7.63 8.82 8.96 10.09 Transport Road Sea Air 18.42 16.42 18.09 21.54 22.85 24.68 27.36 28.98 31.72 31.90 36.18 34.94 36.72 37.78 12.42 4.57 1.43 9.4:.
3.5Q .
3.67 3.84 Communications 6.87 8.54 9.52 10.34 10.92 12.09 13.46 18.59 20.45 23.21 23.66 28.38 31.61 33.19 Banks & Insurance 28.00 28.64 28.79 28.94 29.54 31.03 31.97 33.56 36.44 38.82 41.65 48.88 47.81 48.78 Real Estate & Housing 11.28 11.48 11.54 11.76 11.88 12.00 12.14 12.38 12.74 13.12 13.51 13.77 13.91 13.95 Government Services 54.51 56.68 58.39 59.27 60.46 61.96 62.58 64.15 66.06 66.86 69.01 70.07 70.07 71.47 Other Services 2.85 2.88 3.06 3.11 3.16 3.21 3.32 3.42 3.55 3.76 3.90 3.98 4.06 4.14 less Imputed Service Charge 14.05 14.61 14.56 14.65 15.25 16.02 16.51 17.32 21.24 24.27 28.11 36.03 36.40 37.13 TOTAL 240.85 256.30 262.44 267.93 282.29 287.05 306.69 327.55 351.72 347.78 369.84 378.31 389.04 396.09 GROWTH RATE 16.35 6.41 2.40 2.09 5.36 1.69 6.84 6.80 7.38 -1.12 6.34 2.29 2.84 1.81 SOURCE: CENTRAL STA TlSTICAL OFFICE, OECSIEAS 1993 DATA PROVISIONAL 26 FEBRUARY 1994 - 17 - TABLE J COMMONWEALTH OF DOMINICA EXPENDITURE ON GROSS DOMESTIC PRODUCT IN CURRENT PRICES AT PURCHASERS' VALUE (EC$ Million) 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 TOTAL CONSUMPTION 191.01 197.02 189.54 197.13 232.72 252.67 250.36 297.99 332.81 381.70 395.11 434.00 457.51 488.51 Private General Government GROSS CAPITAL i=ORMATlON Land Development Transport Equipment Other Equipment Construction Increase In Stocks GOODS AND NON­ FACTOR SERVICES Exports of Goods Exports of NFS Imports of Goods Imports of NFS 147.47 151.55 141.79 144.86 172.49 192.78 188.29 229.84 257.78 294.99 303.25 331.50 354.31 383.21
40.12
36.11 39.45 79.96 80.02 5.15 6.12 30.12 40.12 82.13 7.05 -112.60 -78.90 -55.10 -41.90 -79.50 -62.31 -15.27 -36.18 -65.21 -138.26 -129.23 -100.63 -99.29 -123.47 26.30 51.76 68.01 74.17 69.23 76.n 117.20 129.50 150.00 125.00 151.38 147.28 147.34 135.59 8.80 10.04 14.19 14.63 17.17 20.50 35.98 46.02 55.38 64.62 83.52 10,'- GOP AT MARKEr PRICES 159.57 178.79 194.54 215.80 242.59 266.18 302.80 341.14 388.17 414.11 449.07 487.34 519.20 530.71 Indirect Taxes Subsidies 23.93 30.78 33.14 37.18 42.10 44.56 61.18 59.28 70.80 78.49 80.66 81.63 84.25 8.10 4.90 2.20 1.80 2.20 1.66 1.85 1.n 1.85 1.94 1.43 1.65 1.75 85.02 1.84 GOP AT FACTOR COST 143.74 152.91 163.60 180.42 202.69 223.28 253.27 283.63 319.22 337.56 369.84 407.36 436.70 447.53 SOURCE: Dominica Central Statistical Office JOECSJEAS 1992/93 Data ProvisIonal - 18 - TABLE 4 COMMONWEALTH OF DOMINICA GROSS NATIONAL DISPOSABLE INCOME, APPROPRIATION AND CAPITAL FINANCE IN CURRENT PRICES (EC$ MILLION) 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 A.INCOME GDPAT FACTOR COST 143.74 152.91 163.60 180.42 202.69 223.28 253.27 283.63 319.22 337.56 369.84 407.36 436.70 447.53 Net Indirect Taxes 15.83 25.88 30.94 35.38 39.90 42.90 49.33 57.51 68.95 76.55 79.23 79.98 82.50 83.18 GOP AT MARKET PRICES 159.57 178.79 194.54 215.80 242.59 266.18 302.60 341.14 388.17
 414.11 449.07 487.34 519.20 530.71 Net Factor Incomes From Abroad 0.81 1.62 0.54 1.08 -2.70 -3.40 -6.51 -6.33 -4.22 -10.77 -13.34 -20.69 -19.87 -21.23 GROSS NATIONAL PRODUCT 160.38 180.41 195.08 216.88 239.89 262.78 296.09 334.81 383.95 403.34 435.73 466.65 499.33 509.48 Net Current Transfers from Abroad 17.00 15.70 28.60 23.00 17.01 17.55 18.09 20.50 22.70 31.60 34.49 34.32 33.02 32.25 GROSS NAT.
DISPOSABLE INC. 1n.38 196.11 223.68 239.88 256.90 280.33 314.18 355.31 406.65 434.94 470.22 500.97 532.35 541.73 8.
APPROPRIATION Private Final Consumption 147.47 151.55 141.79 144.86 172.49 192.78 188.29 229.84 257.78 294.99 303.25 331.50 354.31 383.21 Government Final Consumption 43.54 '5.47 47.75 52.27 60.23 69.89 62.07 68.15 75.03 86.71 91.86 102.50 103.20 105.30 Total Consumption 191.01 197.02 189.54 197.13 232.72 252.87 250.36 297.99 332.81 381.70 395.11 434.00 457.51 488.51 GROSS NATIONAL SAVING -13.63 -0.91 34.14 42.75 24.18 27.66 63.82 57.32 73.84 53.24 75.11 66.97 74.84 53.22 C. CAPITAL FINANCE Gross Capital Formation 81.16 60.67 60.10 60.57 89.37 75.82 67.51 79.33 120.57 170.67 183.19 153.97 160.98 165.67 Gross National Saving -13.63 -0.91 34.14 42.75 24.18 27.66 6382 57.32 73.84 53.24 75.11 66.97 74.84 53.22 FOREIGN SAVING 94.79 61.58 25.96 17.82 65.19 48.16 3.69 22.01 46.73 117.43 108.08 87.00 86.14 112.45 - 19 - TABLE S COMMONweALTH OF DOMINICA PERCENTAGE CONTRIBUTION OF GROSS DOMESTIC PRODUCT AT FACTOR COST IN CURRENT PRICES 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 Agriculture Crops Livestock Forestry Fishing Mining & Quarrying 0.81 0.85 0.86 0.74 0.74 0.65 0.54 0.62 0.81 0.86 0.83 0.74 0.76 0.77 Manufacturing
 4.82 6.69 8.18 7.83 6.10 6.44 6.66 6.43 6.58 7.27 7.15 7.54 8.14 8.39 Electricity & Water 2.41 3.19 3.08 2.90 2.92 2.79 2.64 2.61 2.81 2.97 3.02 2.82 3.94 4.03 Construction 12.86 9.52 8.37 6.97 8.47 6.72 4.67 5.08 6.59 7.40 7.61 7.63 7.44 7.68 Wholesale & Retail 9.18 8.76 8.43 7.83 7.24 9.44 10.19 10.66 10.40 11.43 11.10 10.89 11.02 11.30 Hotel & Restaurants 0.85 0.86 0.95 1.03 1.09 1.17 1.20 1.34 1.49 1.48 2.06 2.17 2.30 2.81 Transport Road Sea Air 6.26 4.23 1.84 0.19 5.38 3.43 1.68 0.27 6.18 3.98 1.89
Communications 1.04 2.05 2.81 4.01 4.38 4.21 4.28 5.42 6.08 6.92 6.40 6.97 7.25 7.52 Banks & Insurance 6.25 6.03 5.92 6.50 8.24 8.21 7.83 7.78 8.95 10.25 11.26 11.59 11.14 11.12 Real Estate & Housing 5.00 5.26 5.26 5.06 4.64 4.35 4.02 3.87 3.62 3.75 3.65 3.62 3.78 3.73 Government Services 23.47 23.16 22.65 22.52 23.21 22.45 21.46 20.32 18.65 19.84 18.66 19.80 18.34 18.43 Other Services 1.13 1.25 1.33 1.28 1.18 1.12 1.05 1.03 0.96 1.08 1.05 1.03 1.01 1.03 Less Imputed Service Charge 4.70 4.71 4.42 4.09 4.95 4.42 4.09 4.25 4.82 6.25 7.60 8.45 7.97 7.95 TOTAL 100.00 100.0~ 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 - 20 - TABLE 6 COMMONWEALTH OF DOMINICA PERCENTAGE CO GROSS DOMESTIC PRODUCT BY ECONOMIC ACTIVITY AT FACTOR COST,IN CONSTANT (1990) PRICES 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 Agriculture Crops Livestock Forestry Fishing 0.75
0.75 2.25 1.75 0.77 2.23 1.70 0.75 1.56 1.71 0.75 1.68 1.70 0.79 1.76 1.68 0.79 1.75 Mining & Quarrying 0.61 0.59 0.62 0.60 0.73 0.74 0.65 0.71 0.81 0.87 0.83 0.69 0.75 0.77 ,Manufacturing 5.64 6.24 7.02 7.01 6.23 6.93 6.76 6.71 6.88 7.38 7.15 7.27 7.61 7.58 Electricity & Water 2.34 2.38 2.35 2.46 2.51 2.63 2.61 2.61 2.62 2.85 3.02 3.15 3.38 3.39 Construction 8.78 6.99 5.93 5.48 7.33 6.43 5.08 5.36 6.52 6.96 7.61 7.59 7.33 7.48 Wholesale & Retail 9.94 9.84 9.59 9.21 8.86 9.50 9.78 10.20 10.26 11.35 11.10 11.18 11.18 11.28 Hotel & Restaurants 1.27 1.16 1.24
 1.39 1.36 1.29 1.36 1.40 1.50 1.59 2.06 2.33 2.30 2.55 Transport Road Sea Air Communications 2.85 3.33 3.63 3.86 3.87 4.21 4.39 5.68 5.81 6.67 6.40 7.50 8.13 8.38 Banks & Insurance 11.63 11.17 10.97 10.80 10.46 10.81 10.42 10.25 10.36 11.16 11.26 12.92 12.29 12.32 Real Estate & Housing 4.68 4.48 4.40 4.39 4.21 4.18 3.96 3.78 3.62 3.77 3.65 3.64 3.58 3.52 Government Services 22.63 22.11 22.25 22.12 21.42 21.59 20.40 19.58 18.78 19.22 18.66 18.52 18.01 18.04 Other Services 1.18 1.12 1.17 1.16 1.12 1.12 1.08 1.04 1.01 1.08 1.05 1.05 1.04 1.05 Less Imputed Service Charge 5.83 5.6b 5.55 5.47 5.40 5.58 5.38 5.29 6.04 6.98 7.60 9.52 9.36 9.37 TOTAL 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.0u 100.00 100.00 - 21 - TABLE 7 COMMONWEALTH OF DOMINICA RATE OF GROWTH OF GROSS DOMESTIC PRODUCT BY ECONOMIC ACTIVITY AT FACTOR COST IN CURRENT PRICES 0.59 1.87 9.94 ,.'
3.93 AgrIculture Crops Livestock Forestry Fishing 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 26.65 10.06 22.61 5.64 2.68 0.46 5.46 4.39 8.19 9.84 22.84 10.20 7.54 -10.89 14.27 6.74 12.60 30.18 11.00 8.08 -13.31 17.35 4.78 4.37 1.59 -7.02 0.16 -9.52 43.90 33.90 16.n 17.07 0.69 8.05 7.02 11.76 87.37 12.36 0.00 5.00 -22.86 -32.10 105.33 -3.25 5.03 12.14 37.89 15.08 3.77 8.55 8.18 3.63 5.13 3.36 2.96 8.13 6.09 6.06 2.56 4.51 2.52 12.63 5.01 -1.59 -6.62 10.03 13.84 Mining &Quarrying 27.17 11.11 7.69 -5.00 12.78 -2.67 -5.48 27.54 46.02 13.23 5.84 -1.62 9.24 Manufacturing 38.05 47.62 30.89 5.45 -12.46 16.26 17.47 8.12 15.01 18.87 7.75 16.19 15.76 5.57 Electricity &Water 80.73 40.63 2.46 4.60 13.19 5.41 7.05 10.63 21.38 11.93 11.35 2.77 49.61 5.00 Construction 139.611 -21.21 -5.98 -8.11 36.49 -12.64 -21.20 22.00 45.98 18.82 12.78 10.40 4.57 5.66 Wholesale &Retail 62.07 1.75 2.99 2.39 3.97 43.60 22.39 17.21 9.82 16.20 6.43 8.01 8.45 5.15 Hotel & Restaurants 22.00 7.38 19.08 19.23 18.82 18.55 18.41 24.92 25.20 4.82 52.80 15.60 13.95 24.98 Transport Road Sea Air 47.54 -8.56 22.84 48.66 17.37 13.04 17.85 12.34 14.05 1.10 18.86 11.11 12.36 36.32 -13.82 24.24 48.69 7.13 17.45 18.80 10.16 13.99 -2.37 12.40 5.32 14.86 104.65 -2.65 20.23 50.16 29.96 4.31 17.81 16.46 13.44 1.94 28.26 20.39 10.45 6.02 5.02 5.99 -20.00 50.00 21.43 3&.22 74.65 18.55 10.20 12.96 17.49 26.51 26.47 10.17 6.33 12.16 Communications -20.32 110.74 46.18 57.52 22.82 5.86 15.43 41.57 26.37 20.40 1.24 19.99 11.52 6.25 Banks &
 Insurance 53.15 2.56 4.99 21.18 42.37 9.78 8.18 11.25 29.47 21.18 20.34 13.35 3.01 2.34 Real Estate & Housing 45.05 12.12 6.96 6.04 3.07 3.19 4.84 7.96 5.00 9.71 6.71 9.10 11.26 1.71 Government Services 7.90 4.95 4.63 9.66 15.80 6.52 8.46 6.02 3.28 12.53 3.03 16.85 -0.71 3.00 Other Services 33.88 17.90 14.14 5.96 3.90 3.75 6.83 9.40 5.84 17.86 7.44 7.95 4.28 5.01 Less Imputed Service Charge 36.84 6.5' 0.42 2.07 35.91 -1.60 4.96 16.31 27.72 37.17 33.16 22.52 1.02 2.30 TOTAL 35.86 6.38 6.99 10.28 12.34 10.16 13.43 11.99 12.55 5.75 9.56 10.14 7.20 2.48 - 22 ­ TABLE 8 COMMONWEALTH OF DOMINICA RATE OF GROWTH OF GROSS DOMESTIC PRODUCT BY ECONOMIC ACTIVITY AT FACTOR COST IN CONSTANT PRICES 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 Agriculture .
Crops Livestock Forestry Fishing 2.33 19.21 -5.31 19.53 18.39 33.01 0.60 45.56 1.24 1.73 8.52 2.44 0.18 0.05 0.90 0.00 6.37 -4.06 16.14 3.83 6.32 -14.62 6.79 0.00 2.34 -1.71 6.25 -7.24 19.52 2.00 19.17 5.12 1.98 2.72 -3.03 4.12 2.78 1.17 2.56 7.00 -17.40 10.80 -1.08 1.68 -2.29 2.03 1.93 1.00 1.89 2.96 3.35 4.07 -2.27 -25.32 3.19 2.52 9.86 2.47 8.07 7.56 0.60 0.97 1.46 175.56 2.42 -8.82 1.21 12.97 10.12 1.78 Mining & Quarrying 0.00 2.70 7.89 -1.22 26.54 2.93 -5.21 16.00 22.84 5.61 2.33 -15.58 12.31 4.11 Manufacturing 27.87 17.75 15.26 1.95 -6.39 13.08 4.27 5.93 10.15 6.03 3.00 4.01 7.68 1.49 Electricity & Water 3.30 8.33 0.98 6.65 7.60 6.78 5.69 7.13 7.71 7.48 12.82 6.62 10.32 1.98 Construction 79.24 -15.27 -13.17 -5.59 40.91 -10.87 -15.56 12.71 30.58 5.49 16.41 1.92 -0.70 4.00 Wholesale & Retail 50.60 5.39 -0.24 -1.91 1.34 9.04 10.01 11.33 8.02 9.42 4.03 2.99 2.79 2.71 Hotel & Restaurants -9.17 -3.26 9.76 14.42 2.68 -3.39 12.70 9.59 15.54 4.55 38.22 15.60 1.59 12.61 Transport , Road Sea Air 10.04 -10.86 10.17 19.07 6.08 8.01 10.86 4.81 -23.91 16.19 25.68 1.96 15.42 9.91 5.92 2.13 9.45 0.57 13.42 -3.43 8.06 -2.74 4.07 3.01 34.81 22.76 0.00 8.73 14.75 -3.86 14.41 13.38 6.87 4.29 31.55 -15.23 -4.67 -4.90 10.29 9.33 8.54 -3.93 5.85 11.60 34.16 11.07 14.29 3.20 5.09 3.02 9.59 3.38 2.89 2.50 3.03 4.63 Communications 13.55 24.31 11.48 8.61 5.61 10.71 11.33 38.11 10.01 13.50 1.94 19.95 11.38 5.00 Banks & Insurance 12.18 2.29 0.52 0.52 2.07 5.04 3.03 4.97 8.58 6.53 7.29 17.36 -2.19 2.03 Real Estate & Housing 44.80 1.77
 0.52 1.91 1.02 1.01 1.17 1.98 2.91 2.98 2.97 1.92 1.02 0.29 Government Services 3.99 3.98 3.02 1.51 2.01 2.48 1.00 2.51 2.98 1.21 3.22 1.54 0.00 2,00 Other Services 17.28 1.0!> 6.25 1.63 1.61 1.58 3.43 3.01 3.80 5.92 3.72 2.05 2.01 1.97 Less Imputed Service Charge -4.29 3.27 0.34 0.62 4.10 5.05 3.06 4.91 22.63 14.27 15.82 28.18 1.03 2.01 TOTAL 16.35 6.41 2.40 2.09 5.36 1.69 6.84 6.80 7.38 -1.12 6.34 2.29 2.84 1.81 - 23 - TABLE 9 COMMONWeAL.TH OF DOMINICA PERCENTAGE CHANGE OF EXPENDITURE ON GROSS DOMESTIC
 PRODUCT IN CURRENT PRICES 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 TOTAL CONSUMPTION 24.99 3.15 -3.80 4.00 18.05 8.57 -0.91 19.02 11.68 14.69 3.51 9.84 5.42 6.78 Private 31.33 2.77 -6.44 2.17 19.07 11.76 -2.33 22.07 12.16 14.43 2.80 9.32 , General Government 7.43 4.43 5.01 9.47 15.23 -0.56 3.64 9.80 10.10 15.57 5.94 11.58 6.88 0.68 8.16 2.03 GROSS CAPITAL FORMATION 92.87 -25.25 -0.94 0.78 47.55 -15.16 -10.96 17.51 51.99 41.55 7.34 -15.95 4.55 2.91 Land Development 35.51 149.66 43.37 -18.30 -24.76 -11.91 -8.90 9.77 121.71 9.31 -45.81 43.90 13.75 Transport Equipment 117.92 -50.35 10.68 19.86 150.41 -38.86 -27.36 58.55 77.04 32.79 11.23 -30.55 Other Equipment Construction 133.78 8.05 -4.56 22.69 33.48 3.60 17.50 -2.80 37.51 72.18 8.66 -42.33 139.64 -21.23 -5.96 -8.10 36.48 -12.62 -21.25 22.02 45.99 18.64 12.79 10.41 6.96 9.25 0.08 3.48 2.62 1.70 2.64 Increase In Stocks -30.00 -100.00 -23.85 4.04 18.83 15.20 GOODS AND NON­ FACTOR SERVICES Exports of Goods Exports of NFS Imports of Goods Imports of NFS 49.54 -29.93 -30.16 -23.96 89.74 -21.62 -75.49 136.94 80.24 112.02 -6.53 -22.13 -1.33 24.35 3.58 96.81 27.53 12.36 -6.66 10.89 52.66 10.49 15.83 -16.67 21.09 -2.71 0.05 -7.97 8.51 14.09 41.33 3.10 17.36 19.39 75.51 27.90 20.34 16.68 29.25 19.80 35.18 -6.78 -4.41 -5.05 28.26 -4.30 -11.14 19.73 31.23 22.24 10.09 -7.19 6.05 1.07 8.47 3.65 61.09 71.43 7.73 26.44 9.01 4.08 250.10 47.77 17.55 17.59 14.41 4.82 2.28 13.20 GOP AT MARKET PRICES 33.42 12.04
 8.81 10.93 12.41 9.72 13.68 12.74 13.79 6.68 8.44 8.52 6.54 2.22 Indirect Taxes Subsidies 26.61 28.63 7.67 12.19 13.23 5.84 14.86 15.83 19.43 10.86 2.76 1.20 3.21 58.82 -39.51 -55.10 -18.18 22.22 -24.55 11.45 -4.32 4.52 4.86 -26.29 15.38 6.06 0.91 5.14 GOP AT FACTOR COST 35.86 6.38 6.99 10.28 12.34 10.16 13.43 11.99 12.55 5.75 9.56 10.14 7.20 2.48 - 24 - TABLE 10 COMMONWEALTH OF DOMINICA GROSS DOMESTIC PRODUCT DEFLATORS BY ECONOMIC ACTIVITY, AT FACTOR COS T 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989
 1990 1991 1992 1993 Agriculture Crops Livestock Forestry Fishing Mining & Quarrying 79.05 85.53 85.37 82.10 73.17 69.19 89.00 75.88 90.18 96.68 100.00 116.54 113.36 113.18 Manufacturing 51.03 63.98 72.65 75.15 70.27 72.25 81.39 83.07 86.74 95.60 100.00 111.71 120.10 124.93 Electricity & Water 81.52 79.87 81.04 79.48 83.62 82.54 83.60 86.33 97.29 101.31 100.00 96.39 130.72 134.60 Construction 87.38 81.25 87.98 85.64 82.95 81.30 75.87 82.12 91.80 103.22 100.00 108.33 114.07 115.89 Wholesale & Retail 54.99 53.09 54.81 57.21 58.70 77.30 86.00 90.54 92.05 97.75 100.00 104.87 110.65 113.28 Hotel & Restaurants 39.74 44.11 47.85 49.87 57.70 70.81 73.14 83.37 90.34 90.58 100.00 100.00 112.17 124.48 Transport Road Sea Air 79.34
30.88 34.00 43.29 69.66 85.96 89.50 90.59 79.34 90.37 100.00 106.76 109.81 117.71 Communications 21.69 36.77 48.21 69.92 81.32 77.75 80.61 82.63 94.91 100.69 100.00 100.04 100.16 101.36 Banks & Insurance 32.11 32.19 33.62 40.53 56.53 59.07 62.03 65.73 78.38 89.16 100.00 96.58 101.72 102.03 , Real Estate & Housing 63.65 70.12 74.61 77.64 79.21 80.92 83.86 88.77 90.58 96.49 100.00 107.04 117.90 119.57 Government Services 61.90 62.47 63.45 68.55 77.82 80.89 86.86 89.84 90.10 100.18 100.00 115.08 114.27 115.39 Other Services 56.84 66.32 71.24 74.28 75.95
 77.57 80.12 85.09 86.76 98.54 100.00 105.78 108.13 111.35 Less Imputed Service Charge 48.11 49.62 49.66 50.38 65.77 61.61 62.75 69.57 72.46 86.98 100.00 95.59 95.58 95.85 TOTAL 59.68 59.66 62.34 67.34 71.80 77.78 82.58 86.59 90.76 97.06 100.00 107.68 112.25 112.99 - 25 - TABLE 11 COMMONWEALTH OF DOMINICA INDEX OF GROSS DOMESTIC PRODUCT BY ECONOMIC ACTIVITY AT FACTOR COST IN CURRENT PRICES 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 Agriculture Crops Livestock Forestry Fishing Mining & Quarrying 37.99 42.21 45.45 43.18 48.70 47.40 44.81 57.14 83.44 94.48 100.00 98.38 107.47 111.69 Manufacturing 26.22 38.71 50.66 53.42 46.77 54.37 63.87 69.05 79.42 92.81 100.00 116.19 134.51 142.00 Electricity &Water 31.04 43.65 44.72 46.78 52.95 55.81 59.75 66.10 80.23 89.80 100.00 102.77 153.76 161.45 Construction 65.63 51.70 48.62 44.67 60.97 53.27 41.97 51.21 74.75 88.67 100.00 110.40 115.45 121.98 Wholesale & Retail 32.04 32.60 33.58 34.38 35.74 51.33 62.82 73.63 80.86 93.96 100.00 108.01 117.14 123.18 Hotel
 &Restaurants 15.99 17.1" 20.45 24.38 28.96 34.34 39.97 49.93 62.52 65.53 100.00 115.60 131.72 164.61 Transport Road Sea Air Communications 6.30 13.27 19.40 30.56 37.53
 39.73 45.86 64.92 82.04 98.77 100.00 119.99 133.81 142.18 Banks & Insurance 21.58 22.14 23.24 28.16 40.10 44.01 47.61 52.97 68.57 83.10 100.00 113.35 116.76 119.50 Real Estate & Housing 53.15 59.59 63.73 67.58 69.65 71.87 75.35 81.35 85.42 93.71 100.00 109.10 121.39 123.46 Government Services 48.89 51.31 53.69 58.88 68.18 72.63 78.77 83.51 86.25 97.06 100.00 116.85 116.03 119.50 Other Services 41.54 48.97 55.90 59.23 61.54 63.85 68.21 74.62 78.97 93.08 100.00 107.95 112.56 118.21 Less Imputed Service Charge 24.05 25.61 25.72 26.25 35.68 35.11 36.86 42.87 54.75 75.10 100.00 122.52 123.76 126.61 TOTAL 38.87 41.34 44.24 48.78 54.80 60.37 68.48 76.69 86.31 91.27 100.00 110.14 118.08 121.01 26 ­ TABLE 12 COMMONWEALTH OF DOMINICA INDEX OF GROSS DOMESTIC PRODUCT BY ECONOMIC ACTIVITY AT FACTOR COST IN CONSTANT PRICES 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 Agriculture Crops Livestock Forestry Fishing 71.n Mining & Quarrying 48.05 49.35 53.25 52.60 66.56 68.51 64.94 75.32 92.53 97.73 100.00 84.42 94.81 98.70
 Manufacturing 51.38 60.50 69.73 71.09 66.55 75.26 78.47 83.13 91.56 97.09100.00104.01111.99113.66 Electricity &Water 50.45 54.85 55.19 58.88 63.33 67.62 71.47 76.57 82.47 88.64 100.00 106.62 117.62 119.95 Construction 75.11 63.64 55.26 52.17 73.51 65.52 55.33 62.36 81.43 85.90 100.00 101.92 101.21 105.26 Wholesale & Retail 58.27 61.4.
61.26 60.09 60.90 68.40 73.05 81.32 87.85 98.13 100.00 102.99 105.87 108.74 Hotel & Restaurants 40.24 38.93 42.73 48.89 50.20 48.49 54.65 59.90 69.20 72.35 100.00 115.60 117.43 132.24 Transport Road Sea Air 84.n 92.89 95.70 41.57 39.53 43.80 47.67 51.74 49.71 52.62 58.72 78.78 87.50 100.00 103.20 106.69 111.63 Communications 29.04 36.09 40.24 43.70 46.15 51.10 56.89 78.57 86.43 98.10 100.00 119.95 133.60 140.28 Banks & Insurance 67.23 88.76 69.12 69.48 70.92 74.50 78.76 80.58 87.49 93.21 100.00 117.36 114.79 117.12 Real Estate &Housing 83.49 84.97 85.42 87.05 87.93 88.82 89.88 91.64 94.30 97.11 100,00 101.92 102.98 103.28 Government Services 78.99 82.13 84.61 85.89 87.61 89.78 90.68 92.96 95,73 96.88 100.00 101.54 101.54 103.56 Other Services 73.08 73.85 78.46 79.74 81.03 82.31 85.13 87.69 91,03 96.41 100.00 102.05 104.10 106.15 less Imputed Service Charge 49.98 51.62 51.80 52,12 54.25 56.99 58,73 61.62 75.56 86.34 100.00 128.18 129.49 132.09 TOTAL 65.12 69.30 70.98 72.44 76.33 77.61 82.93 88.57 95.10 94.04 100.00 102.29 105.19 107.10 - 27 - TABLE 13 COMMONWEALTH OF DOMINICA GROSS DOMESTIC PRODUCT & ALLIED AGGREGATES IN CURRENT PRICES (EC$ MILLION) 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 Gross Domestic Product at Factor Cost 143.74 152.91
 163.60 180.42 202.69 223.28 253.27 283.63 319.22 337.56 369.84 407.36 436.70 447.53 Net Indir:fet Taxes Indirect Taxes Subsidies 15.83 23.93 8.10 25.88 30.78 4.90 30.94 33.14 2.20 35.38 37.18 1.80 39.~ 42.10 2.20 42.90 44.56 1.66 49.33 51.18 1.85 57.51 59.28 1.77 68.95 70.80 1.85 76.55 78.49 1.94 79.23 80.66 1.43 79.98 81.63 1.65 82.50 84.24 1.74 83.18 85.14 1.96 Grass Domestic Product at Uarket Prices 159.57 178.79 194.54 215.80 242.59 266.18 302.60 341.14 388.17 414.11 449.07 487.34 519.20 530.71 Nfl!
Factor income Payments from Abroad 0.81 1.62 0.54 1.08 -2.70 -3.40 -6.51 -6.33 -4.22 -10.77 -13.34 -20.69 -19.87 -21.23 Grass National Product at Market Prices 160.38 180.41 195.08 216.88 239.89 262.78 296.09 334.81 383.95 403.34 435.73 466.65 499.33 509.48 , co N I TABLE 14 COMMONWEALTH OF DOMINICA GROSS DOMESTIC PRODUCT &ALLIED AGGREGATES IN CONSTANT (1990) PRICES (EC$ MILLION) 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 Gross Domestic Product at Factor Cost 240.85 256.30 262.44 267.93 282.29 287.05 306.69 327.55 351.72 347.78 369.84 378.31 389.04 396.09 Net Indirect Taxes aJ Indirect Taxes Subsidies Gross Domestic Product at Market Prices 267.38 299.68 312.07 320.47 337.87 342.21 366.43 393.97 427.69 426.65 449.07 452.59 462.54 469.71 Net Factor income Payments from Abroad bl 1.28 2.25 0.72 1.38 -3.38 -4.17 -7.75 -7.19 -4.69 -11.11 -13.34 -19.62 -17.86 -18.79 I 0'\ N Gross National Product at Market Prices 268.66 301.93 312.79 321.85 334.49 338.04 358.68 386.78 423.00 415.54 435.73 432.97 444.68 450.92 aI Current values deflated by Implicit Deflator of GDP at Factor Cost b/ Deflated by the Consumer Price Index SOURCE: Central Statistical Office TABLE 15 COMMONWEALTH OF DOMINICA CURRENT ACCOUNT OF CENTRAL GOVERNMENT REVENUE (Thousands of East
 Caribbean Dollars) 80/81 81/82 82/83 83/84 84/85 85/86 86/87 87/88 88/89 89/90 90/91 91/92 92/93 Direct Taxes 14,758 15,990 18,815 18,839 22,448 25,781 23,691 28,702 27,539 32,328 38,812 43,587 42,882 Personal Income Tax 11,758 13,802 14,801 15,984 17,825 18,361 15,966 15,311 15,435 13,907 14,242 14,750 16,500 Company Income Tax 2,911 2,087 1,732 2,749 4,470 7,405 7,721 9,080 9,041 14,n8 13,749 18,272 17,000 Other Direct Taxes 87 101 82 106 153 15 4 4,311 3,063 3,843 8,821 10,545 9,382 Indirect Taxes 28,285
 33,267 33,011 41,350 42,841 46,284 56,072 62,489 79,117 79,014 82,315 80,616 83,694 Import Duties Export Duties Consumption Tax Other Indirect Taxes 14,9n 13,945 13,805 Property Income 206 380 821 1,009 886 1,353 772 1,152 889 1,315 1,132 2,911 2,900 Rent of Land Dividends Interest Current Transfers From Households 340 466 559 736 1,124 1,197 1,801 3,078 3,837 3,728 3,836 5,224 4,822 Social Security Contributio 0 0 0 0 458 692 705 875 649 741 1,100 2,410 2,500 Profit Currency Authority 1,597 2,585 2,680 3,443 1,959 1,006 1,076 1,958 1,871 1,035 2,201 2,368 2,400 Profits Government Corp. 0 0 0 350 0 250 0 0 0 0 0 0 0 Surplus of Departmental Enterprises 361 997 690 276 447 (636) (696) (611) (249) (809) (920) (1,127) (933) Total Recurrent Revenue 45,545 53,685 54,376 66,003 70,163 75,927 83,421 97,643 113,653 117,352 126,476 136,176 138,071 Figures for 1992/93 are revised estimates - 30 - TABLE 16 COMMONWEALTH OF DOMINICA CURRENT ACCOUNT OF CENTRAL GOVERNMENT EXPENDITURE (Thousands of East Caribbean Dollars) 80/81 81/82 82/83 83/84 84/85 85/86 86/87 87/88
 88/89 89/90 90/91 91/92 92/93 Personal Emoluments 35,874 37,591 34,927 38,389 41,302 46,117 47,799 51,451 56,370 58,977 71,703 68.520 76,706 Pensions & Gratuities 2,914 3,350 4,362 4,283 5,008 4,949 5,515 5,814 6.293 6.687 7,703 7.570 8,000 Miscellaneous Goods & Services 9,514 12,358 10,962 14,698 14,698 12,546 15,826 17,251 20,181 23,553 24,461 27,280 27,542 Less Fees & Sales 855 899 1,028 1,350 1,682 6,013 6,829 7,073 5,489 2,366 2,142 5,422 5,153 Government Final Consumption Expenditure 47,447 52,400
 49,223 56,020 59,326 57,599 62,311 67,443 77,355 86,851 101,725 97,948 104,201 Current Transfer To: 2,139 5,582 5,707 6,492 6,850 7,776 7,385 10,487 7,937 8,346 10,092 13,170 11,808 Households Local Authorities Non Profit Making Bodies Abroad-Caricom Abroad - Non-Caricom Interest 4,711 3,898 4,663 6,284 7,290 7,653 6,845 6,587 7,429 6,834 8,078 10,008 10,812 Grants and Contributions 4,593 734 620 320 443 447 108 455 171 324 268 1,118 3,561 SUbsidy 5.615 959 436 683 765 752 771 822 1.022 1,343 1,468 1,822 2,140 Total Expenditure 64,505 63,573 60,649 69,799 74,674 74,227 77,420 85,794 97,183 104,596 121,631 124,066 132,522 Surplus on Current Accoun (18,960) (9,888) (6,273) (3,796) (4,511) 1.700 6.001 11,849 16,470 12,756 4,845 12,110 5,549 Figures for 1992/93 are revised estimates - 31 - TABLE 17 COMMONWEALTH OF DOMINICA CURRENT ACCOUNT OF DEPARTMENTAL ENTERPRISES (Thousands of East Caribbean Dollars) RECEIPTS 80/81 81/82 82/83 83/84 84/85 85/86 86/87 87/88 88/89 89/90 90/91 91/92 92/93 Sale of Goods & Services 1,683 2,890 2,080 1,585 1,736 948 1,109 1,268 1,515 1,340 1,547 1,550 1.890 Misce.
Other Receipts 103 205 296 439 539 87 57 148 488 214 296 327 382 Total Receipts 1,788 3,095 2,376 2.024 2,275 1,035 1,166 1,416 2,003 1,554 1,843 1,877 2,272 EXPENDITURE Personal Emoluments 824 815 946 1,287 1,331 1,319 1,438 1,559 1,619 1,756 2.088 2.304 2.364 Rent Paid 171 157 155 152 156 151 158 158 222 177 197 169 218 Other Operational Expense 430 1,126 585 309 341 201 268 312 411 430 478 531 623 Surplus on Current Accoun 381 997 690 276 447 (636) (696) (611) (249) (809) (920) (1,127) (933 Total Expenditure 1,425 2,098 1,686 1,748 1,828 1.671 1,862 2,027 2,252 2,363 2,763 3,004 3,205 Note: The Departmental Enterprises are: Airport Post Office Figures for 1992/93 are revised estimates 3 18 COMMONWEALTH OF DOMINICA CAPITAL ACCOUNT OF CENTRAL GOVERNMENT (Thousands of East Caribbean Dollars) 80/81 81/82 82/83 83/84 84/85 85/86 86/87 87/88 88/89 89/90 90/91 91/92 92/93 SOURCES OF FUNDS 1.
Surplus on Current Acc (18,960) (9,888) (6,273) (3,796) (4,511) 1,700 6,001 11,849 16,470 12,756 4,845 12,110 5,549 2.

Sale of land 25 38 513 392 415 571 2,283 3,523 6,482 368 2,945 4,000 3,100 3.

Loan Receipts 270 7,748 14,709 10,338 10,347 6,897 5,416 15,302 9,913 37,767 25,688 24,731 18,885 4.

Loan Repayments o o o 448 796 689 917 942 667 96 344 2,100 212 5.

Development Aid Funds 9,937 6,968 7,217 26,074 30,412 39,679 4,752 19,763 6,786 19,799 12,241 28,424 28,207 6.

BDA Grants 319 0 o 7.


Other Grants 11,946 6,048 2,487 o o o o o o o o o o o o o o o o o o o o 8.

Borrowing 10,743 28,800 3,837 5,875 5,735 (4,968) (3,648) (3,286) 22,117 (5,440) 22,529 (15,219) (11,480) 9.

Finance of Capital .

Expenditure USES OF FUNDS 14,280 39,714 22,490 39,331 43,194 44,568 15,721 48,093 62,435 65.346 68.592 56.146 44,473 1.. Purchase of Land 82 0 o o 0 o o o o o o o o 2.

Land Development 1,642 5,588 4,795 3,678 2,705 2,919 2,202 6,088 7,709 3,310 4,074 5,251 3,646 3.
Construction 10,681 32,240 13,910 31.238 37.310 38,122 8,924 32,395 41,011 51.829 57,062 36,395 23,489 Residential Buildings 2,n5 1,801 890 64 104 821 240 3,960 186 4.195 1,045 837 2.003 Non-Residential Buildi 1.794 6.861 Other 6,112 23,578 3.286 9,734 4,215 3.525 3,023 2,463 7,691 11,928 8,791 4.133 9.310 14,835 26,959 33,681 34,278 6,221 20,744 28,897 38,843 51,884 26,248 6,651 4.

Transport Equipment 240 68 28 315 32 158 55 23 347 1,872 118 100 173 5.
Other Equipment 135 380 385 414 557 706 648 2,331 1,465 2,484 783 675 956 6.

Purchase of Financial Assets 7.

Purchase of Buildings 8.

Sinking Fund and o o 96 0 48 834 o o 7 0 182 276 34 7,260 1,088 1,500 1,000 1,000 o o o 60 o o o o Repayment of Loans 1,500 1,342 3,324 2,852 2.583 2,481 3,616 7,222 4,583 4,763 5,055 6,902 9,386 9.

Total Capital Expend.
14,280 39,714 22,490 39,331 43,194 44.688 15,721 48,093 82,435 85,348 88.592 68.148 44,473 - 33 - TABLE 19 COMMONWEALTH OF DOMINICA CURRENT ACCOUNT OF CENTRAL GOVERNMENT REVENUE AS A PERCENTAGE OF GDP 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 Direct Taxes 10.27 10.46 10.18 10.44 11.08 11.55 9.35 10.12 8.63 9.58 9.95 10.69 9.82 Personal Income Tax Company Income Tax Other Direct Taxes Indirect Taxes 19.68 21.76 20.18 22.92 21.14 20.73 22.14 22.03 24.78 23.41 22.26 19.79 19.17 Import Duties Export Duties Consumption Tax Other Indirect Taxes Property Income 0.14 0.25 0.50 0.56 0.44 0.61 0.30 0.41 0.28 0.39 0.31 0.71 0.66 Rent 01 Land Dividends Interest Current Translers From Households 0.4\ 0.24 0.30 0.34 0.41 0.55 0.54 0.71 1.09 1.20 1.10 1.04 1.28 1.10 Social Sec.
Contributions 0.00 0.00 0.00 0.00 0.23 0.31 0.28 0.31 0.20 0.22 0.30 0.59 0.57 Prolit Currency Authority 1.11 1.69 1.64 1.91 0.97 0.45 0.42 0.69 0.59 0.31 0.60 0.58 0.55 Profits Government Corp. 0.00 0.00 0.00 0.19 0.00 0.11 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Surplus 01 Departmental Enterprises 0.25 0.65 0.42 0.15 0.22 -0.28 -0.27 -0.22 -0.08 -0.24 -0.25 -0.28 -0.21 Total Recurrent Revenue 31.69 35.11 33.24 36.58 34.62 34.01 32.94 34.43 35.60 34.76 34.20 33.43 31.62 - 34 - TABLE 20 COMMONWEALTH OF DOMINICA CURRENT ACCOUNT OF CENTRAL GOVERNMENT EXPENDITURE AS A PERCENTAGE OF GDP 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 Personal Emoluments 24.96 24.5S 21.35 21.28 20.38 20.65 18.87 18.14 17.66 17.47 19.39 16.82 17.56 Pensions & Gratuities 2.03 2.19 2.67 2.37 2.47 2.22 2.18 2.05 1.97 1.98 2.08 1.86 1.83 Miscellaneous Goods & Services 6.62 8.08 6.70 8.15 7.25 5.62 6.25 6.08 6.32 6.98 6.61 6.70 6.31 Less Fees & Sales 0.59 0.59 0.63 0.75 0.83 2.69 2.70 2.49 1.72 0.70 0.58 1.33 1.18 Government Final Consumption Expenditure 33.01 34.27 30.09 31.05 29.27 25.80 24.60 23.78 24.23 25.73 27.51 24.04 23.86 Current Transfer To: 1.49 3.65 3.49 3.60 3.38 3.48 2.92 3.70 2.49 2.47 2.73 3.23 2.70 Households Local Authorities Non Profit Making Bodies Abroad -Caricom Abroad-Non-Caricom 0.46
Interest 3.28 2.55 2.85 3.48 3.60 3.43 2.70 2.32 2.33 2.02 2.18 2.46 2.48 Grants and Contributions 3.20 0.48 0.38 0.18 0.22 0.20 0.04 0.16 0.05 0.10 0.07 0.27 0.82 ,Subsidy 3.91 0.63 0.27 0.38 0.38 0.34 0.30 0.29 0.32 0.40 0.40 0.45 0.49 Total Expenditure 44.88 41.58 37.07 38.69 36.84 33.24 30.57 30.25 30.44 30.99 32.89 30.46 30.35 - 35 - TABLE 21 THEBALANCEOFPAYMENTSOFDOM~CA SUMMARY 1986 -1993 EC$ Million ITEM 1986 1987 1988 1989 CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CURRENT ACCOUNT 228.71 213.77 238.15 246.39 285.45 301.06 269.12 356.94 Merchandise Exports(fob) Imports(fob) Services Balance 120.35 132.74 133.07 158.93 153.98 208.56 125.00 254.94 120.35 0.00 133.07 0.00 153.98 0.00 125.00 0.00 0.00 132.74 0.00 158.93 0.00 208.56 254.94 44.86 65.61 53.18 74.56 67.Q7 77.94 74.34 93.43 Non-Factor Services Shipment and Insurance on Imports Other Transportation Travel Other Goods Services & Inc.(exclud.
labor inc) Factor Services Investment Income Other Factor Services Transfers Private Official CAPITAL ACCOUNT 25.40 24.94 72.01 40.87 49.62 36.11 101.79 11.97 Long Term Capital Foreign Direct Investment Public Sector Borrowing Other Private Long-term BASIC BALANCE Other Capital Of which: Commercial Banks - Short Term Capital Miscellaneous Capital Flows 0.00 7.60 1.50 10.94 0.00 9.08 30.80 0.00 0.00 0.70 22.90 22.09 1.43 2.53 0.00 0.00 FINANCING ITEMS (INCREASE=-) Public Sector Arrears Change In IMF Position Change in Gov't Foreign Assets Change In Imputed Reserves - THE BALANCE
5.60 7.60 0.00 6.10 1.50 0.00 36 - THE BALANCE OF PAYMENTS OF DOMINICA SUMMARY 1986 ­ 1993 EC$ Million 1990 1991 1992 1993 CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT ITEM 314.41 398,05 328.27 385,54 322,24 390,19 340,02 416,70 CURRENT ACCOUNT 151.36 280,66 150.00 260.48 147,33 263.28 151.50 272,89 Merchandise 151,36 0,00 150,00 0,00 147,33 0,00 151,50 0,00 Exports(fob) 0,00 280,66 0.00 260.48 0,00 263,28 0,00 272.89 Imports(fob) 94.40 107,87 108.01 114,65 115,10 115,75 121.52 133.21 Services Balance 83,52 0,00 8.05 83.45 100.98 86,93 108,35
 89,13 115.10 101,27 Non-Factor Services 38,10 9,23 0,00 9.07 35,52 0.00 35,90 11,57 10,78 16,18 0.00 9,88 37,21 13,76 Shipment and Insurance on Imports Other Transportation 55,16 11.90 85,20 12,49 68,40 15,24 71,82 13,50 Travel 20.31 24.22 26,71 27,35 29,17 21,81 33,40 36.80 Other Goods Services & Inc.(exclud, lab or inc) 10.88 24,22 9,72 1,16 23,78 0.44 7.03 5,95 1,08 27,72 27.18 0.54 6.75 6.09 0,66 26.82 26,29 0,33 6,42 5,82 0,60 31,94 31,74 0.20 Factor Services Investment Income Other Factor Services 68,65 38.41 30.24 9.72 3.92 5.80 70,26 10,41 59.81 11,16 67,00 10,60 Transfers 38,53 31.73 4,21 6,20 37,54 22.27 4.52 6,64 39,00 28,00 4,00 6,60 Private Official 112.69 15,15 80,61 11.25 86.59 11.16 95,24 9,73 CAPITAL ACCOUNT Long Term Capital Foreign Direct Investment Public Sector Borrowing Other Private Long-term 381,34 412.77 399,51 395,26 397.59 401.35 424.46 426,36 BASIC BALANCE 45,76 0.43 9,37 1,53 11,24 0,00 10,80 0,07 Other Capital Of which: 29.10 16.66 0.00 0,43 8,25 1.12 0.00 1,53 2.44 8.80 0.00 0,00 2.00 8.80 0,00 0,07 Commercial Banks - Short Term Capital Miscellaneous Capital Flows FINANCING
0,00 6.89 0,00 0.00 0.00 0,00 0,00 8.83 FINANCING ITEMS (INCREASE=-) 2,03 PUblic Sector Arrears 2.00 Change In IMF Position 0,50 Change in Gov't Foreign Assets 4.30 Change In Imputed Reserves - 37 - TABLE 22 CURRENT PRICES COMMONWEALTH OF DOMINICA SELECTED ECONOMIC INDICATORS UNIT 1980 1981 1982 1983 1984 1965 1986 1987 1988 1989 1990 1991 1992 1993 GOP at Factor Cost GOP at Market Prices GNP at Market Prices Per Capita GOP at Factor Cost Per Capita GOP at Market Prices Per Capita GNP at Market Prices EC$M EC$M EC$M EC$ EC$ EC$ 143.74 152.91 163.60 180.42
EC$M EC$M EC$ EC$ EC$ S>9.48 1,945 2,160 2,171 2,072 2,423 2.445 2,225 2,646 2,653 2,462 2,945 2.960 2,TT7 3,323 3,286 3,070 3,659 3,613 3,496 4.177 4,087 3,927 4,724 4,636 4,436 5,394 5,336 4,708 5,n6 5,625 5,1n 6.286 6,099 5,723 6,101 6,140 6,847 7,253 7,281 6.556 6.976 6.990 CONSTANT PRICES w 100 GOP at Factor Cost GOP at Market Prices GNP at Market Prices Per Capita GOP at Factor Cost Per Capita GOP at Market Prices Per Capita GNP at Market Prices EC$M EC$M EC$M EC$ EC$ EC$ 5,1n 6,286 6,099 5,315 5,435 5,434 6,358 6,462 6,444 6,083 6,212 6,186 Ib Mid Year Population '000 EC$M Value of Exports (FOB) Value of Imports (CIF) EC$M Construction Imports EC$M Consumer Price Index (July 1984=1 INDEX Implicit Deflator of GOP (1990=100) INDEX Government Recurrent Revenue la
 EC$M Government Recurrent Expenditure EC$ M Total Visitor Arrivals NO.
Total Passenger Arrivals NO.
Electricity Generated OOOKW Banana Production ONNE Commercial Bank Loans (Outstandi EC$M 73.89 26.30 73.80 51.75 73.53 66.00 73.27 74.17 73.00 69.22 72.74 76.76 72.45 72.22 71.96 71.70 71.44 71.18 71.58 72.89 117.24 129.59 146.40 121.n n.a 140.3 303.2 n.a la These figures relate to the fiscal years beginning 1971178 Ib Estimated Mid-year Population " , CONTACT US FOR MORE INFORMATION TRADE STATISTICS TOURISM STATISTICS CONSUMER PRICE INDEX , NA TIONAL ACCOUNTS BALANCE OF PA YMENTS ~.
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I POPULATION STATISTICS " EDUCA TlON STATISTICS L'.,, :} I ::, \.. \ : ,;t, .. O:V.

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