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COMMONWEALTH OF DOMINICA NATIONAL ACCOUNTS STATISTICS OF THE COMMONWEALTH OF DOMINICA 1983 -1996 Central Statistics Office Ministry of Finance Roseau, Dominica TABLE OF CONTENTS PAGE PREFACE Definition of the Components of the Accounts and Related Aggregates Notes on Methedology Analysis of the Perfomance of the Dominican Economy for 1996 TABLE 1 Gross Domestic Product By Economic Activity at Factor Cost in Current Prices 1983-1996 2 Gross Domestic Product By Economic Activity at Factor Cost in Constant Prices 1983-1996 3 Expenditure On Gross Domestic Product in Current Prices at Purchaser's Value 1983-1996 4 Gross National Disposable Income, Appropriation and Capital Finance in Current Prices 1983-1996 5 Percentage Contribution of GDP By Economic Activity at Factor Cost in Current Prices 6 Percentage Contribution of GDP BYEconomic Activity at Factor Cost in Constant Prices 7 Rate of Growth ofGDP by Economic Activity at Factor Cost in Current Prices 8 Rate of Growth of GDP by Economic Activity at Factor Cost in Constant Prices 9 Percentage Change ofExpenditure on Gross Domestic Product in Current Prices 1 8 13 Gross Domestic Product Deflators By Economic Activity at Factor Cost 1983-1996 11 Index of GDP By Economic Activity at Factor Cost in Current Prices 1983-1996 12 Index of GDP By Economic Activity at Factor Cost in Constant Prices 1983-1996 13 Gross Domestic Production and Allied Aggregate in Current Prices 1983-1996 14 Gross Domestic Product and Allied Aggregates in Constant
 Prices 1983-1996 15 Current Account ofCentral Government Revenue 16 Current Account ofCentral Government Expenditure 17 Current Account ofDeparmental Enterprises 18 Capital Account ofCemtral Government 19 Current Account ofCentral Government Revenue as a Percentage of GDP 20 Current Account ofCentral Government Expenditure as a Percentage ofGDP 21 Balance ofPayments ofDominica 1987-1996 22 Selected Economic Indicators CHART 1 GDP at Factor Cost in Current & Constant Prices 2 Perc.entage Contribution ofGDP by Economic Activity at Factor Cost in Constant Prices 3 Rate of Growth ofGDP in Current & Constant Prices 1983':""'1996 4 Surplus on Current Account of Central Government 25 26 27 28 29 30 31 32 33 34 35 36 38 39 40 41 42 PREFACE This is the eighth 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 GDP at current prices, Gross National Disposable Finance.

Additionally, it includes the Balance of Payments components from 1987 to 1996.

The accounts of Central Government as well as government enterprises and some key economic indicators are also included.
Appropriation Capital Income, and In presenting this report, the standard methodology adopted for the OECS countries which is broadly consistent with the revised united Nations System of 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) fifth edition Balance of Payment Manual.

The material presented in this issue consists of revised National Accounts estimates for the period 1983 to 1995 and preliminary estimates for 1996.

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 1987 to 1995 and preliminary estimates for 1996.

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 In addition, the services rendered by Mrs. Hazel corbin and data.

Miss Miriam Blanchard of the ECCB and Miss Cisne Pascal of the Inter~ational Business unit have gone a long way in finalizing the National Accounts and Balance of Payments statistics.

t1 i' .cf.

": ~ .~-!-~::t~~;l ....... 1 MIchael Murp y~' Chief statistician statistical Office ·.~{l,(f(l-l-;CA').~' .
Julietta Beaupierre Administrative Cadet 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 whether in cash or in kind, and before deductions to Social Security, Income Tax, etc.
Included are: (a) Commissions (b) Tips (c) Bonuses (d) Cost of living and dearness allowances (e) Fees to ministers of religion (f) Fees to members of boards of directors (e) Holidays and paid vacations of 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 private funds, reserves or other special schemes in respect of family allowances, lay-off and severance pay, casualties and maternity leave, pensions etc.

The SNA states that if in the absence of special schemes of reserves, employers make direct payments of this type to their I employees, should be schemes.

imputed contributions in respect of these obligations to private included in the employers contribution 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 suit the to be taken to adjust these data, as necessary, 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 services) they produce during the period.

In the case of units produced 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 military 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 pUblic sector investment.

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

when 2 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, dams 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, foreseen obsolescence.

Major catastrophes and the depletion of natural resources are not taken into account.
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 land taxes, unless they are merely an taxes, real estate and administrative device for collection income tax, levies on value added and (but not social security contributions), motor vehicle, driving test, license, 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 maintain 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 transfers and not as subsidies.

treated as current 3 VIII.

GOVERNMENT FINAL CONSUMPTION This is def ined 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 fixed capital and direct taxes paid.

and include services, fees and charges The Government final consumption expenditure, consists therefore of the purchase of goods and expenditures on 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 licenses, driving permits, dog licenses, 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 an penalties are also excluded from sales and classified as "fines and penalties" whether These items are not to be paid by households or enterprises.

from gross output ~to arrive at final consumption deducted expenditure.

that are IX.
that are IX.

GROSS FIXED CAPITAL FORMATION: 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.

The producers in question may be 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 fixes assets by producers should Gross fixed be deducted from gross fixed capital formation.

capital formation covers the following items: (i) (ii) (iii) Acquisitions by producers of civilian use of tangible assets which have an estimated lifetime of use of one year of more, except land, mineral deposits, 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 for military use, are classified as intermediate consumption rather than gross fixed capital formation.
Outlays on improvements and alterations of capital goods which significantly extend their expected lifetime of use of substantially increase their productivity are considered to be gross fixed capital formation.

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.
4 (iv) (v) 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.

Dealer's margins, solicitors' fees, stamp duties and other transfer costs of transactions in land, mineral deposits, 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 owing establishment of the physical change during a period of account in stocks of materials, on construction projects, finished products, livestock raised for slaughter an 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 res idents such as tour ists 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 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 goods and services which it has recieved from other units, at home or abroad.

5 XIII GROSS DOMESTIC PRODUCT AT MARKET PRICES This is equal to GOP 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 GOP 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 left unremitted.
The unremitted position is always treated as 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 unrequited transfers.

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

XVII NATIONAL ACCOUNTS AS 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 by deflating 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 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 output.

intermediate 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 income approach, The 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 BOTBS OB MBTHODOLOGY 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 principles crop accounting for about 20% of total agricultural production at farm-gate prices.

other important agro-industrial crops are coconuts, grapefruits, limes, oranges and root crops-such as yams, dasheens and tannias.

Value added is estimated by the production approach.

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

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 Dominica Banana Marketing Corporation, and Dominica Coconut Products to the banana and coconut growers.

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 1D% of the value of output.

The double deflation method is used to obtain the 1990 constant prices.

Production of all agricultural crops are revalued at 1990 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% or output.

The constant series is obtained by the double deflation method.

the major pOUltry farms.

8 ELECTRICITY AND WATER The value added in this sector is estimated by the income approach.
The main source of data are the Dominica Electricity Services and the Dominica Water & Sewage Company.

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

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 margins.

The value of construction materials used as inputs is 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 such as cement, wood iron and steel.

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.

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 be a very small percentage of the total.

The constant price estimates have been obtained by extrapolating the base year estimate by an index of traded goods valued at 1990 prices, covering outputs of Agriculture, Mining and Manufacturing sectors and imports.

For non­ 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 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 and passenger arrivals and departures by sea transport.

AIR TRANSPORT This sector covers LIAT, Carib Express, air travel and airport travel agents and airport administration.
administration have been obtained The their accounts.

from constant price estimates are based on the index of volume of passenger arrivals by air transport.

income of The 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 I s operation are analyzed to obtain the value added in current prices.

The constant price estimates are based on the a combined index of overseas call rates.

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 are analyzed to obtain the data.
For the banking sub­ sector, the constant price estimates are based on the prime lending rate and credit union membership and for insurance the deflator was based on a combined index (85: 15 weights), of car and property insurance rates.

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 One month I s rent is subtracted as cost of repairs and house.

10 maintenance.
10 maintenance.

The number of dwellings is projected on the basis of 1970, 1981 and 1991 population census data on housing and the The rate of rent per house for the growth of the population.

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 to obtain current price the by 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 is based on contribution compensation of employees.

total Consumer Price is very small as to value added Index 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.
The wages comprise and gratuities The operations of the post office, compensation of employees.

airport, broadcasting and construction are excluded and allocated to their appropriate sectors.

The major accounts in the government thus refer to central government, local government and Social 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 SERVICE This sector covers business, entertainment and personal services, such as services of accounting firms, individual professionals, domestic maids, barbers and beauty salons etc.

Broadcasting and recently Cable TV have also been included.
The data re based on a bench-mark estimate compiled for 1977-1978 from the Inland Revenue Office accounts and Social data on employment The constant price series is derived on the and remuneration.

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.

The constant price estimates are obtained by using an average interest rate index extrapolating base year figures, as was the case for the Banking Sector.
11 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 For the Ministry of Agriculture Fisheries Division For fishing, provided estimates of Since December 1983, landed catch.
enumerators from the Ministry are collected in detailed monthly data on catch at major fishing ports.

Data are also obtained from the previous years, output has been the cooperatives.

estimated on the basis of number of mechanized and non-mechanized boats 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 or boats, etc.

which amounts to 48.7% of the value of output for mechanized boats and 5.2% for non-mechanized boats.

The constant price estimates are obtained by valuing output at 1990 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 two private companies.

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 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 are salaries, depreciation and net profits, which constitute 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.

12 ANALYSIS OF THE PERFORMANCE OF THE DOMINICA ECONOMY - 1996 (The Dominica Economy grew by 3.71 per cent) OVERVIEW: The Dominica Economy grew by 3.71 per cent in real terms in 1996, despite a 5.40 per cent and 2.99 per cent drop within the Hotel and Restaurant and Construction sectors respectively.
At the same time, there was significant growth within the Agriculture sector(6.21%), Manufacturing Sector (6.01%), Electricity and Water sector (7.20%), Transport sector(5.64%), Communication sector(4.23%) and Other Services sector (4.17%).

It must be noted that this is the first year since 1991 that the economy has achieved a growth rate above three per cent.

AGRICULTURE SECTOR: registered positive growth in 1996.
The Agriculture sector, after experiencing two consecutive years of negative growth This sector grew by 6.21 per cent in 1996, in contrast to a decline of 8.13 per cent in 1995.

This expected increase was as a result of the increase in production in banana and the fishing industry.

the This destruction caused by Hurricanes Marilyn and Luis and storm Iris.
this sector recovery of following indicates the Banana exports according the Dominica Banana Marketing Corporation reports increased by 21 per cent, moving from 32,667 tonnes in 1995 to 39,915 tonnes in 1996.

Total revenue from the banana exported was valued at EC$46.47 million, Ec$1.68 more than 1995. to industry experienced the largest increase in the The fishing agriculture sector, with a 13.07 growth in 1996.

The Livestock and forestry sub-sectors grew by 1.3 per cent, and 1.55 per cent respectively.
Overall, Agriculture contribution to real GDP for 1996 was 20.76 per cent.

13 HOTEL AND RESTAURANT SECTOR: Activity within the tourism sector is largely reflected in the changes in the Hotel and Restaurant sector, and as such, this is used as a proxy in estimating tourism contribution to overall GOP.

For the year under review, the contribution of the hotel and restaurant sector to real GOP was 2.59 per cent in contrast to 2.84 per cent in 1995.
This sector registered the largest decline in real growth in 1996.

This decline is attributed to the sharp fall of 22.1 percent in the number of tourists in hotel accommodations and 35.6 percent in excursionists over the year 1995.

However, the number of cruiseship passenger to the island increased by 43.4 per cent compared to 7.47 per cent in 1995, thus reflecting the success of the increased promotion of the island.
MANUFACTURING SECTOR: Real growth of 6.01 per cent was recorded within the manufacturing sector for 1996.

This growth came largely from increased activity in soap manufacture and toiletries.

In addition, 1996 saw the re­ opening of the card box manufacturing plant and the production of beer and guinness.

The overall contribution of this sector to GOP stood at 6.92 per cent.

CONSTRUCTION, MINING AND QUARRYING SECTOR: The construction sector registered a negative growth of 2.99 per cent.
sector over 1995, is due to the unusually large construction projects which were completed in 1995, The decline in this The percentage contribution of estimated to account for 8.38 per cent of total GOP.

the construction sector was Mining and Quarrying, a sector which generally moves in the same direction as the construction sector, declined by 2.99 per cent and contributed 0.84 percent to GOP.

BANKING AND INSURANCE SECTOR: This sector recorded a decline of 2.61 per cent in real growth.
This decline can be attributed to the sluggishness experienced in the construction activity in 1996.

Its overall contribution to GOP was 12.30 per cent in 1996.

It is the fourth largest contributor to GOP preceded by wholesale and retail trade, government services and agriculture.

14 COMMUNICATION SECTOR: This sector registered real growth of 4.23 per cent and contributed 9.37 per cent to GDP in 1996.

Contributing to the growth of this sector is the introduction of the internet service.
TRANSPORT SECTOR: The percentage contribution of this sector to real GOP in 1996 was estimated at 10.13 per cent with a growth rate of 5.64 over 1995.

This sector benefitted from the increase in cruise ship visitors.

Of the three sub-sectors, sea transport recorded the highest growth of 8.64 per cent, followed by Air transport of 4.51 and road transport of 4.00 per cent.
WHOLESALE , RETAIL SECTOR: The wholesale and retail trade which feeds off the gains made in the tourism industry recorded a 3.59 per cent real growth and contributed 12.33 per cent to real GDP .
Central Statistical Office 15 TABLE 1 COMMONWEALTHOF DOMINICA GROSS DOMESTIC PRODUCT BY ECONOMIC ACTIVITY, AT FACTOR COST IN CURRENT PRICES (EC$ MILLION) 1983 1%4 1985 1986 1987 1988 1989 1990 1991 1992R 1993R 1994 1995 1996 Agriculture Crops Livestock Forestry Fishing 52.50 56.80 62.39 76.64 84.46 90.83 80.94 92.49 96.91 40.67 43.4~ Mining & Quarrying 1.33 1.50 1.46 1.38 1.76 2.57 2.91 3.08 3.03 3.31 3.44 4.08 4.70 4.65 Manufacturing 14.12 12.36 14.37 16.88 18.25 20.99 24.53 26.43 30.71 35.55 37.53 35.27 37.17 39.43 Electricity & Water 5.23 5.92 6.24 6.68 7.39 8.97 10.04 11.18 11.49 17.19 18.87 20.02 24.78 26.56 Construction 12.58 17.17 15.00 11.82 14.42 21.05 24.97 28.16 31.09 32.51 34.35 40.83 46.96 46.46 Wholesale & Retail Trade 14.12 14.68 21.08 25.80 30.24 33.21 38.59 41.07 44.36 48.11 50.14 55.99 58.62 61.76 Hotels & Restaurants 1.86 2.21 2.62 3.05 3.81 4.77 5.00 7.63 8.82 10.05 12.56 13.38 15.06 14.49 Transport Road Transport Sea Transport Air Transport Communications 48.13
Banks & Insurance 11.73 16.70 18.33 19.83 22.06 28.56 34.61 41.65 47.21 48.63 50.94 55.03 59.85 61.24 Real Estate & Housing 9.13 9.41 9.71 10.18 10.99 11.54 12.66 13.51 14.74 16.40 16.68 17.29 17.81 18.39 Government Services 40.63 47.05 50.12 54.36 57.63 59.52 66.98 69.01 80.64 80.07 84.54 96.76 93.71 101.7 Other Services 2.31 2.40 2.49 2.66
 2.91 3.08 3.63 3.90 4.21 4.39 4.74 6.78 7.65 8.11 Less Imputed Service Charge 7.38 10.03 9.87 10.36 12.05 15.39 21.11 28.11 34.44 34.79 35.09 40.75 46.32 43.73 TOTAL 180.42 202.69 223,28 253.27 283.63 319.22 337.56 369.84 407.36 435.87 456.35 494.06 513.84 541.25 GROWTH RATE 10.28 12.34 10.16 13.43 11.99 12.55 5.75 9.56 10.14 7.00 4.70 8.26 4.00 5.33 SOURCE: Dominica Central Statistical Office I ECCn 1996 Data Provisional April 11,1997 R- Revised 16 TABLE 2 COMMONWEALTHOF DOMINICA G ROSS DOMESTIC PRODUCT BY ECONOMIC ACTIVITY, AT FACTOR COST IN CONSTANT PRICES (EC$ MILLION) 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992R 1993R 1994 1995 1996 Agriculture Crops Livestock Forestry Fishing Mining & Quarrying 1.62 2.05 2.11 2.00 2.32 2.85 3.01 3.08 2.60 2.92 3.04 3.26 3.68 3.57 Manufacturing 18.79 17.59 19.89 20.74 21.97 24.2 25.66 26.43 27.49 29.60 30.04 27.1'5 27.77 29.44 Electricity & Water 6.58 7.08 7.56 7.99 8.56 9.22 9.91 11.18 11.92 13.15 12.73 13.60 14.44 15.48 Construction 14.69 20.70 18.45 15.58 17.56 22.93 24.19 28.16 28.70 28.50 29.64 32.60 36.76 35.66 Wholesale & Retail Trade 24.68
 25.01 27.27 30.00 33.40 36.08 39.48 41.07 42.30 43.48 44.66 49.02 50.66 52.48 Hotels & Restaurants 3.73 3.83 3.70 4.17 4.57 5.28 5.52 7.63 8.82 9.02 10.67 11.37 11.66 11.03 Transport Road Transport Sea Transport Air Transport Communications 24.16
Banks & Insurance 28.94 29.54 31.03 31.97 33.56 36.44 38.82 41.65 48.88 47.81 47.02 49.58 53.73 52.33 Real Estate & Housing 11.76 11.88 12.00 12.14 12.38 12.74 13.12 13.51 13.77 13.91 113.95 14.23 14.47 14.69 Government Services 59.27 60.46 61.96 62.58 64.15 66.06 66.86 69.01 70.07 70.07 71.60 72.05 71.09 72.74 Other Services 3.11 3.16 3.21 3.32 3.42 3.55 3.76 3.9 3.98 4.06 4.31 4.74 5.28 5.50 Less Imputed Service Charge 14.65 15.25 16.02 16.51 17.32 21.24 24.27 28.11 36.03 36.40 36.18 36.41 41.47 38.72 TOTAL 267.93 282.29 287.05 306.69 327.55 351.72 347.78 369.84 377.78 388.14 395.35 403.84 410.31 425.53 GROWTH RATE 2.09 5.36 1.69 6.84 6.80 7.38 -1.12 6.34 2.15 2.74 1.86 2.15 1.60 3.71 SOURCE: Dominica Central Statistical Office / ECCR 1996 Data Provisional April 11,1997 R-Revised 17 TABLE 3 COMMONWEALTH OF DOMINICA EXPENDITURE ON GROSS DOMESTIC PRODUcr IN CURRENT PRICES AT PURCHASERS' VALUE (EO MILLION) 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 TOTAL CONSUMPTION Private General Go-..emment GROSS CAPITAL FORMATION Land Development Transport Equipment Other Equipment Construction Increase in Stock 59.89
358.45 408.57 432.79 491.39 52.27 60.23 59.89 62.07 68.
36.
11 79.96 5.15 6.04 4.73 7.72 29.35 29.43 28.00 39.45 31.85 33.59 72.02 71.80 79.13 6.12 7.05 8.11 11.53 26.57 50.02 98.29 9.33 1.50 22.99 33.59 97.25 10.73 GOODS AND NON­ FACTOR SERVICES -41.90 -79.50 -62.31 -15.27 -36·18 -65.21 -138.26 -129.23 -132.78 -139.31 -78.37 -98.26 -150.41 -153.47 74.17 69.23 76.77 117.20 129.50 150.00 125.00 151.36 138.92 140.02 126.57 119.14 14.63 17.17 20.50 35.98 46.02 55.38 64.62 83.52 100.06 106.

11 126.71 141.46 121.71 156.10 149.38 132.


74 158.93 208.56 254.94 280.66 284.29 295.98 253.23 260.24 8.99 9.80 10.20 35.
Exports of Goods Exports ofNFS Imports of Goods Imports ofNFS GDPAT MARKET PRICES Indirect Taxes Subsidies GDPAT FACTOR COST SOURCE: CSO/ECCB 1996 Data Pro~sional 18 TABLE 4 COMMONWEALTH OF DOMINICA GROSS DISPOSABLE INCOME, APPROPRIATION AND CAPITAL FINANCE IN CURRENT PRICES (EC$ MILLION) 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 A: INCOME GDP AT FACTOR COST 180.42 202.69 223.28 253-27 283.63 319.22 337.56 369.84 407.36 436.70 456.35 494.06 513.84 541.25 Net Indirect Taxes 35.38 39.90 42.90 49.33 57.51 68.95 76.55 79.23 79.98 82.50 80.82 85.35 87.43 89.67 GDP AT MARKET PRICES 215.80 242.59 266.18 302.60 341.14 388.17 414.11 449.07 487.34 519.20 537.17 579.41 601.27 630.92 Net Factor Income from Abroad GROSS NATIONAL PRODUCT 1.08 -2.70 -3.40 -6.51 -6.33 -4.22 -10.77 -13.34 -20.69 -19.87 -17.85 -29.65 -36.02 -37.44 216.88 239.89 262.78 296.09 334.81 383.95 403.34 435.73 466.65 499.33 519.32 549.76 565.25 593.48 Net Transfers from Abroad 23.00 17.01 17.55 18.09 20.50 22.70 31.60 34.49 34.32 33.02 36.97 26.23 35.73 30.05 GROSS NATIONAL
 DISPOSABLE INCOME B: APPROPRIATION 239.88 256.90 280.33 314.18 355.31 406.65 434.94 470.22 500.97 532.35 556.29 575.99 600.98 623.53 Private Consumption 144.86 172.49 192.78 188.29 229.84 257.78 294.99 303.25 331.50 402.33 358.45 408.57 432.79 491.39 Govemment Consumption 52.27 60.23 59.89 62.07 68.15 75.03 86.71 91.86 102.50 103.20 112.23 117.42 123.15 126.94 Total Consumption 197.13 232.72 252.67 250.36 297.99 332.81 381.70 395.11 434.00 505.53 470.68 525.99 555.94 618.33 GROSS NATIONAL SAVING C: CAPITAL
 FINANCE Gross Capital Formation Gross Natinal SaVing FORIEGN SAVING 17.82 65.19 48.16 3.69 22.01 46.73 117.43 108.08 87.00 134.16 59.25 106.55 150.70 160.86 19 TABLES COMMONWEALTHOF DOMINICA PERCENTAGE CONTRIBUTION OF GROSS DOMESTIC PRODUCT BY ECONOMIC ACTIVITY, AT FACTOR COST IN CURRENT PRICE 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 Agriculture Crops Livestock Forestry Fishing Mining & Quarrying 0.74 0.74 0.65 0.54 0.62 0.81 0.86 0.83 0.74 0.76 0.75 0.83 0.91 0.86 Manufacturing 7.83 6.10 6.44 6.66 6.43 6.58 7.27 7.15 7.54 8.16 8.22 7.14 7.23 7.28 Electricity & Water 2.90 2.92 2.79 2.64 2.61 2.81 2.97 3.02 2.82 3.94 4.13 4.05 4.82 4.91 Construction 6.97 8.47 6.72 4.67 5.08 6.59 7.40 7.61 7.63 7.46 7.53 8.26 9.14 8.58 Wholesale & Retail Trade 7.83 7.24 9.44 10.19 10.66 10.40 11.43 11.10 10.89 11.04 10.99 11.33
 11.41 11.41 Hotels & Restaurants 1.03 1.09 1.17 1.20 1.34 1.49 1.48 2.06 2.17 2.31 2.75 2.71 2.93 2.68 Transport Road Transport Sea Transport Air Transport Communications 6.90
4.38 4.21 4.28 5.42 6.08 6.92 6.40 6.97 7.26 6.90 6.56 7.46 7.38 Banks & Insurance 6.50 8.24 8.21 7.83 7.78 8.95 10.25 11.26 11.59 11.16 11.16 11.14 11.65 11.31 Real Estate & Housing 5.06 4.64 4.35 4.02 3.87 3.62 3.75 3.65 3.62 3.76 3.66 3.50 3.47 3.40 Government Services 22.52 23.21 22.45 21.46 20.32 18.65 19.84 18.66 19.80 18.37 18.53 19.58 18.24 18.80 Other Services 1.28 1.18 1.12 1.0-5 1.03 0.96 1.08 1.05 1.03 1.01 1.04 1.37 1.49 1.50 Less Imputed Service Charge 4.09 4.95 4.42 4.09 4.25 4.82 6.25 7.60 8.45 7.98 7.69 8.25 9.01 8.08 TOTAL 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 20 TABLE 6 COMMONWEALTH OF DOMINICA PERCENTAGE CONTRIBUTION OF GROSS DOMESTIC PRODUCT BY ECONOMIC ACTIVITY, AT FACTOR COST IN CONSTANT PRICES 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 Agriculture Crops Livestock Forestry Fishing Mining & Quarrying 0.60 0.73 0.74 0.65 0.71 0.81 0.87 0.83 0.69 0.75 0.77 0.81 0.90 0.84 Manufacturing 7.01 6.23 6.93 6.76 6.71 6.88 7.38 7.15 7.28 7.63 7.60 6.72 6.77 6.92 Electricity & Water 2.46 2.51 2.63 2.61 2.61 2.62 2.85 3.02 3.16 3.39 3.22 3.37
 3.52 3.64 Construction 5.48 7.33 6.43 5.08 5.36 6.52 6.96 7.61 7.60 7.34 7.50 8.07 8.96 8.38 Wholesale & Retail Trade 9.21 8.86 9.50 9.78 10.20 10.26 11.35 11.10 11.20 11.20 11.30 12.14 12.35 12.33 Hotels & Restaurants 1.39 1.36 1.29 1.36 1.40 1.50 1.59 2.06 2.33 2.32 2.70 2.82 2.84 2.59 Transport Road Transport Sea Transport Air Transport 5.44
Communications 3.86 3.87 4.21 4.39 5.68 5.81 6.67 6.40 7.51 8.14 7.96 8.02 9.32 9.37 Banks & Insurance 10.80 10.46 10.81 10.42 10.25 10.36 11.16 11.26 12.94 12.32 11.89 12.28 13.09 12.30 Real Estate & Housing 4.39 4.21 4.18 3.96 3.78 3.62 3.77 3.65 3.64 3.58 3.53 3.52 3.53 3.45 Government Services 22.12 21.42 21.59 20.40 19.58 18.78 19.22 18.66 18.55 18.05 18.11 17.84 17.33 17.09 Other Services 1.16 1.12 1.12 1.08 1.04 1.01 1.08 1.05 1.05 1.05 1.09 1.17 1.29 1.29 Lcss Imputed Service Charge 5.47 5.40 5.58 5.38 5.29 6.04 6.98 7.60 9.54 9.38 9.15 9.02 10.11 9.10 TOTAL 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 21 TABLE 7 COMMONWEALTH OF DOMINICA GROWTH RATE OF GROSS DOMESTIC PRODUCT BY ECONOMIC ACTIVITY, AT FACTOR COST IN CURRENT PRICES 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 Agriculture Crops Livestock Forestry Fishing 5.46 4.39 17.07 0.00 12.14 8.19 6.74 0.69 12.60 30.18 11.00 8.05 7.02 8.55 8.18 5.00 -22.86 -32.10 8.08 5.13 3.36 5.01 9.84 22.84 10.20 7.54 -10.89 14.27 4.78 0.73 0.40 9.52 -3.07 -13.31 17.35 2.96 8.13 6.09 4.51 4.37 6.06 2.50 2.52 12.63 0.16 -0.52 10.00 -4.13 0.64 1.87 5.83 1.83 2.07 3.00 3.19 2.49 1.35 1.46 37.89 15.08 3.77 3.63 -1.59 -6.62 10.03 0.79 11.08 11.10 1.52 13.08 Mining & Quarrying -5.00 12.78 -2.67 -5.48 27.54 46.02 13.23 5.84 - 1.62 9.24
 3.93 18.60 15.20 -1.06 Manufacturing 5.45 -12.46 16.26 17.47 8.12 15.01 16.87 7.75 16.19 15.76 5.57 -6.02 5.39 6.08 Electricity & Water 4.60 13.19 5.41 7.05 10.63 21.38 11.93 11.35 2.77 49.61 9.77 6.09 23.78 7.18 Construction -8.11 36.49 -12.64 -21.20 22.00 45.98 18.62 12.78 10.40 4.56 5.66 18.86 15.01 -1.06 Wholesale & Retail Trade 2.39 3.97 43.60 22.39 17.21 9.82 16.20 6.43 8.01 8.46 4.21 11.67 4.70 5.36 Hotels & Restaurants 19.23 18.82 18.55 16.41 24.92 25.20 4.82 52.60 15.60 13.95 24.98 6.53 12.56 -3.78
 Transport Road Transport Sea Transport Air Transport Communications 48.66 48.69 50.16 39.22 17.37 7.13 29.96 74.65 13.04 17.45 17.85 12.34 14.05 1.10 18.86 11.11 12.36 18.80 10.16 13.99 - -7.20 -2.41 22.47 12.30 57.52 22.82 5.86 15.43 41.57 26.37 20.40 1.24 19.97 11.54 -0.47 2.92 18.16 4.23 Banks & Insurance 21.18 42.37 9.76 8.18 11.25 29.47 21.18 20.34 13.35 3.01 4.75 8.03 8.76 2.32 Real Estate & Housing 6.04 3.07 3.19 4.84 7.96 5.00 9.71 6.71 9.10 11.28 1.69 3.66 3.01 3.26 Government Services 9.66 15.80 6.52 8.46 6.02 3.28 12.53 3.03 16.85 -0.71 5.58 14.45 -3.15 8.57 Other Services 5.96 3.90 3.75 6.83 9.40 5.84 17.86 7.44 7.95 4.30 7.95 43.04 12.83 6.01 Less Imputed Service Charge 2.07 35.91 -1.60 4.96 16.31 27.72 37.17 33.16 22.52 1.02 0.86 16.13 13.67 -5.59 TOTAL 10.28 12.34 10.16 13.43 11.99 12.55 5.75 9.56 10.14 7.00 4.70 8.26 4.00 5.33 22 TABLES Agriculture Crops Livestock Forestry Fishing COMMONWEALTH OF DOMINICA GROWTH RATE OF GROSS DOMESTIC PRODUcr BY ECONOMIC ACTIVITY, AT FACTOR COSTIN CONSTANT PRICES 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 0.18 0.05 0.90 0.00 6.37 6.25 2.00 1.98 -4.06 -7.24 19.17 16.14 19.52 5.12 4.12 2.78 2.72 -3.03 1.17 3.83 6.32 -14.62 6.79 -0.57 1.88 0.38 -3.72 -8.13 6.21 7.00 -17.40 10.80 -1.08 1.68 -0.51 -5.69 -10.47 2.03 1.93
 1.00 1.89 2.96 3.35 2.47 8.07 0.60 0.97 1.80 1.61 2.06 1.90 6.19 1.30 1.55 1.21 12.97 10.12 1.78 2.56 4.07 -2.27 -25.32 0.86 11.75 11.43 1.50 13.07 3.19 2.52 0.69 Mining & Quarrying -1.22 26.54 2.93 -5.21 16.00 22.84 5.61 2.33 -15.58 12.31 4.11 7.24 12.88 -2.99 Manufacturing 1.95 -6.39 13.08 4.27 5.93 10.15 6.03 3.00 4.01 7.68 1.49 -9.62 2.28 6.01 Electricity & Water 6.65 7.60 6.78 5.69 7.13 7.71 7.48 12.82 6.62 10.32 -3.19 6.83 6.18 7.20 Construction -5.59 40.91 -10.87 -15.56 12.71 30.58 5.49 16.41 1.92
 -0.70 4.00 9.99 12.76 -2.99 Wholesale & Retail Trade -1.91 1.34 9.04 10.01 11.33 8.02 9.42 4.03 2.99 2.79 2.71 9.76 3.35 3.59 Hotels & Restaurants 14.42 2.68 -3.39 12.70 9.59 15.54 4.55 38.22 15.60 2.27 18.29 6.56 2.55 -5.40 Transport Road Transport Sea Transport Air Transport Communications 19.07 25.68 6.08 1.96 8.73 14.75 9.33 8.54 8.01 10.86 5.92 2.13 9.91 14.41 13.38 15.42 -3.86 -3.93 9.45 7.95 6.87 0.57 13.42 -3.43 -2.64 4.07 3.01 5.09 3.02 4.47 2.50 4.29 31.55 -15.23 9.59 11.77 3.55 4.98 2.63 5.85 11.60 34.16 11.07 14.29 3.20 3.38 -7.90 -2.07 2.69 2.02 2.71 7.25 5.64 4.00 8.64 4.51 8.61 5.61 10.71 11.33 38.11 10.01 13.50 1.94 19.95 11.38 -0.47 2.92 18.16 4.23 Banks & Insurance 0.52 2.07 5.04 3.03 4.97 8.58 6.53 7.29 17.36 -2.19 -1.65 5.44 8.37 -2.61 Real Estate & Housing 1.91 1.02 1.01 1.17 1.98 2.91 2.98 2.97 1.92 '1.02 0.29 2.01 1.69 1.52 Government Services 1.51 2.01 2.48 1.00 2.51 2.98 1.21 3.22 1.54 0.00 2.18 0.63 -1.33 2.32 Other Services 1.63 1.61 1.58 3.43 3.01 3.80 5.92 3.72 2.05 2.01 6.16 9.98 11.39 4.17 Less Imputed Service Charge 0.62 4.10 5.05 3.06 4.91 22.63 14.27 15.82 28.18 1.03 -0.60 0.64 13.90 -6.63 TOTAL 2.09 5.36 1.69 6.84 6.80 7.38 -1.12 6.34 2.15 2.74 1.86 2.15 1.60 3.71 23 TABLE 9 COMMONWEALTH OF DOMINICA PERCENTAGE CHANGES OF EXPENDITURE ON GDP IN CURRENT PRICES 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 TOTAL CONSUMPTION 4.00 1&05 8.57 -0.91 19.02 11.68 14.69 3.51 9.84 16.48 -6.89 11.75 5.69 11.22 Private
 General Govemment 2.17 9.47 19.07 11.76 -2.33 '12.07 12.16 1523 -0.56 3.64 9.80 10.10 14.43 15.57 2.80 5.94 9.32 21.37 -10.91 11.58 0.68 8.75 13.98 4.62 5.93 4.88 13.54 3.08 GROSS CAPITAL FORMATION Land Development Transport Equipment Other Equipment Construction Increase in Stock GOODS AND NON­ FACTOR SERVICES Exports of Goods Eports of NSF Imports of Goods Imports ofNSF 0.78 47.55 -15.16 -10.96 17.51 51.99 41.55 7.34 -15.95 -0.64 -5.31 8.07 25.03 -15.16 -18.30 -24.76 -11.91 -8.90 9.n 19.86 150.41 -38.86
 -27.36 58.55 121.71 n.04 9.31 -45.81 43.90 13.75 -21.69 63.21 49.35 -86.99 32.79 11.23 -30.55 6.96 0.27 -4.86 -5.11 -13.47 '12.69 33.48 3.60 17.50 -2.80 37.51 72.18 8.66 -42.33 9.25 -19.26 5.46 -8.10 36.48 -12.62 -21.25 '12.02 45.99 18.64 12.79 10.41 -9.93 -0.31 10.21 48.91 24.21 -23.85 4.04 18.83 15.20 15.04 15.04 -32.85 -1.06 15.01 -23.96 89.74 -21.62 -75.49 136.94 8Q.24 112.02 -6.53 2.75 4.92 -43.74 25.38 53.07 2.03 12.36 -6.66 10.89 52.66 10.49 15.83 -16.67 21.09 -822 3.10 17.36 19.39 75.51 27.90 20.34 16.68 29.25 19.80 0.79 6.05 -5.05 2826 -4.30 -11.14 26.44 9.01 4.08 250.10 19.73 47.n 3123 '12.24 17.55 17.59 10.09 14.41 1.29 4.82 -9.61 -5.87 -1.02 19.41 4.11 -14.44 11.64 2.n 11.52 21.85 1422 4.86 10.61 2.28 -12.34 25.76 10.52 -5.65 GOP AT MARKET PRICES 10.93 12.41 9.72 13.68 12.74 13.79 6.68 8.44 8.52 6.54 3.46 8.77 2.91 4.93 Indirect Taxes Subsidies 12.19 1323 5.84 14.86 15.83 19.43 10.86 2.76 1.20 -18.18 '1222 -24.55 11.45 -4.32 4.52 4.86 -26.29 15.38 3.21 6.06 -0.74 4.74 2.66 60.57 -20.28 11.16 3.06 20.48 GOP AT FACTOR COST 10.28 12.34 10.16 13.43 11.99 12.55 5.75 9.56 10.14 7.20 4.50 9.33 2.99 5.33 24 TABLE 10 COMMONWEALTH OF DOMINICA GROSS DOMESTIC PRODUCT DEFLATORS BY ECONOMIC ACTIVITY, AT FACTOR COST 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 Agriculture Crops Livestock Forestry Fishing 67.72 68.87 78.85 83.40 88.52 89.54 93.45 100.00 105.38 104.19 104.21 118.54 125.06 121.50 62.91 63.20 76.71 83.55 89.07 89.97 94.42 100.00
Mining & Quarrying 82.10 73.17 69.19 69.00 75.86 90.18 96.68 100.00 116.54 113.36 113.16 125.15 127.72 130.25 Man u facturing 75.15 70.27 72.25 81.39 83.07 86.74 95.60 100.00 111.71 120.10 124.93
 129.91 133.85 133.93 Electricity & Water 79.48 83.62 82.54 83.60 86.33 97.29 101.31 100.00 96.39 130.72 148.23 147.21 171.61 171.58 Construction 85.64 82.95 81.30 75.87 82.12 91.80 103.22 100.00 108.33 114.07 115.89 125.25 127.75 130.29 Wholesale & Retail Trade 57.21 58.70 77.30 86.00 90.54 92.05 97.75 100.00 104.87 110.65 112.27 114.22 115.71 117.68 Hotels & Restaurants 49.87 57.70 70.81 73.14 83.37 90.34 90.58 100.00 100.00 111.42 117.71 117.68 129.16 131.37 Transport Road Transport Sea Transport Air Transport Comm unications 69.66"'­ 85.96 89.50 90.59 79.34 90.37 100.00 106.76 109.81 110.65 110.27 125.92 135.31 69.92 81.32 77.75 80.61 82.63 94.91 100.69 100.00 100.02 100.16 100.16 100.15 100.16 100.15 Banks & Insurance 40.53 56.53 59.07 62.03 65.73 78.38 89.16 100.00 96.58 101.72 108.34 110.99 111.39 117.03 Real Estate & Housing 77.64 79.21 80.92 83.86 88.77 90.58 96.49 100.00 107.04 117.92 119.57 121.50 123.08 125.19 Government Services 68.55 77.82 80.89 86.86 89.84 90.10 100.18 100.00 115.08 114.27 118.07 134.30 131.82 139.87 Other Services 74.28 75.95 77.57 80.12 85.09 86.76 96.54 100.00 105.78 108.15 109.98 143.04 144.89 147.45 Less Imputed Service Charge 50.38 65.77 61.61 62.75
 69.57 72.46 86.98 100.00 95.59 95.58 96.99 111.92 111.70 112.94 TOTAL 67.34 71.80 77.78 82.58 86.59 90.76 97.06 100.00 107.83 112.30 115.43 122.34 125.23 127.19 25 TABLE 11 COMMONWEALTH OF DOMINICA INDEX OF GROSS DOMESTIC PRODUcr BY ECONOMIC ACTIVITY, AT FACTOR COST IN CURRENT PRICES 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 Agriculture Crops Livestock Forestry Fishing 56.76 61.41 67.46 82.86 91.32 98.21 87.51 100.00 104.78 105.54 105.97 116.06 112.49 116.08
 52.3755.9062.9481.9390.9598.3085.22 Mining & Quarrying 43.1848.7047.4044.8157.1483.4494.48 100.00 98.38 107.47 111.69 132.47 152.60 150.97 Manufacturing 53.42 46.77 54.37 63.87 69.05 79.42 92.81 100.00 116.19 134.51 142.00 133.45 140.64 149.19 Electricity & Water 46.78 52.95 55.81 59.75 66.10 80.23 89.80 100.00 102.77 153.76 168.78 179.07 221.65 237.57 , Construction 44.6760.9753.2741.9751.2174.7588.67 100.00 110.40 115.44 121.98 144.99 166.76 164.99 Wholesale & Retail Trade 34.38 35.74 51.33 62.82 73.63 80.86 93.96 100.00 108.01 117.15 122.08 136.33 142.73 150.38 Hotels & Restaurants 24.3828.9634.3439.9749.9362.5265.53 100.00 115.60 131.72 164.61 175.36 197.38 189.91 Transport Road Transport Sea Transport Air Transport Communications 20.64360542.73470953.2062.5079.07 100.00 110.17 117.15 108.72 106.10 129.94 145.93 30.56 37.53 39.73 45.86 64.92 82.04 98.77 100.00 119.97
 133.81 133.18 137.07 161.96 168.81 Danks & Insurance 2816 40.10 4401 47.61 52.97 68.57 83.10 100.00 113.35 11676 122.30 132.12 143.70 147.03 Real Estate & Housing 67.58 69.65 71.87 75.35 81.35 85.42 93.71 100.00 109.10 121.41 123.46 127.98 131.83 136.12 Government Services 58.88 68.18 72.63 78.77 83.51 86.25 97.06 100.00 116.85 116.03 122.50 140.21 135.79 147.43 Other Services 59.23 61.54 63.85 68.21 74.62 78.97 9308 100.00 10795 112.59 121.54 173.85 196.15 207.95 Less Imputed Service Charge 26.25 35.68
 35.11 36.86 42.87 54.75 75.10 100.00 122.52 123.76 124.83 144.97 164.78 155.57 TOTAL 48.78 54.80 60.37 68.48 76.69 86.31 91.27 100.00 110.14 117.85 123.39 133.59 138.94 146.35 26 TABLE 12 COMMONWEALTH OF DOMINICA INDEX OF GROSS DOMESTIC PRODUCT BY ECONOMIC ACTIVITY, AT FACTOR COST IN COSTANT PRICES 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 Agriculture Crops Livestock Forestry Fishing 83.83 89.17 85.54 99.35 103.16 109.68 93.64 100.00 99.43 101.30 101.69 97.90 89.94 95.53 83.25 88.45 82.05 98.07102.11109.26 Mining & Quarrying 52.60 66.56 68.51 64.94 75.32 92.53 97.73 100.00 84.42 94.81 98.70 105.84 119.48 115.91 Manufacturing 71.0966.5575.2678.4783.1391.5697.09 100.00 104.01 111.99 113.66 102.72 105.07 111.39 Electricity & Water 58.86 63.33 67.62 71.47 76.57 82.47 88.64 100.00 106.62 117.62 113.86 121.65 129.16 138.46 Construction 52.17 73.51 65.52 55.33 62.36 81.43 85.90 100.00 101.92 101.21 105.26 115.77 130.54 126.63 Wholesale & Retail Trade 60.09 60.90 66.40 73.05 81.32 87.85 96.13 100.00 102.99 105.87 108.74 119.36 123.35 127.78 Hotels & Restaurants 48.89 50.20 48.49 54.65 59.90 69.20 72.35 100.00 115.60
 118.22 139.84 149.02 152.82 144.56 Transport Road Transport Sea Transport Air Transport Communications 43.70 46.15 51.1 0 56.89 78.57 86.43 98.10 100.00
 119.95 133.60 132.97 136.86 161.71 168.55 Danks & Insurance 69.48 70.92 74.50 76.76 80.58 87.49 93.21 100.00 117.36 114.79 112.89 119.04 129.00 125.64 Real Estate & Housing 87.05 87.93 88.82 89.86 91.64 94.30 97.11 100.00 101.92 102.96 103.26 105.33 107.11 108.73 Govern men t Services 85.89 87.61 89.78 90.68 92.96 95.73 96.88 100.00 101.54 101.54 103.75 104.41 103.01 105.41 Other Services 79.74 81.03 82.31 85.13 87.69 91.03 96.41 100.00 102.05 104.10 110.51 121.54 135.38 141.03 Less Imputed Service Charge 52.12 54.25 56.99 58.73 61.62 75.56 86.34 100.00 128.18 129.49 128.71 129.53 147.53 137.74 TOTAL 72.44 76.33 77.61 82.93 88.57 95.10 94.04 100.00 102.15 104.95 106.90 109.19 110.94 115.06 27 TABLE 13 COMMONWEALTH OF DOMINICA GROSS DOMESTIC PRODUcr & ALLIED AGGREGATES IN CURRENT PRICES (EO MILLION) 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 GROSS DOM ESTIC PRODUCT AT FACTOR COST 180.42 202.69 223.28 253.21 283.63 319.22 331.56 369.84 401.36 436.10 456.35 494.06 513.84 541.25 tv 00 NET INDIRECT TAXES 35.38 39.90 42.90 49.33 51.51 68.95 16.55 19.23 19.98 82.50 80.82 85.35 81.43 89.61 Indirect Taxes Subsidies 37.18 1.80 42.10 44.56 51.18 59.28 70.80 2.20 1.66 1.85 1.77 1.85 78.49 1.94 80.66 81.63 84.24 83.63 87.59 1.43 1.65 1.74 2.81 2.24 89.92 2.49 92.67 3.00 GROSS DOMESTIC PRODUCT AT MARKET PRICES 215.80 242.59 266.18 302.60 341.14 388.11 414.11 449.01 481.34 519.20 531.11 519.41 601.21 630.92 NET FACTOR INCOME PAYMENTS FROM ABROAD 1.08
 -2.10 -3.40 -6.51 -6.33 -4.22 -10.11 -13.34 -20.69 -19.81 -11.85 -29.65 -36.02 -31.44 GROSS NATIONAL PRODUCT AT MARKET PRICES 216.88 239.89 262.18 296.09 334.81 383.95 403.34 435.13 466.65 499.33 519.32 549.16 565.25 593.48 TABLE 14 COMMONWEALTII OF DOMINICA GROSS DOMESTIC PRODUcr & ALLIED AGGREGATES IN CONSTANT (1990) PRICES (EO MIlLION) 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 GROSS DOM ESTIC PRODUCT AT FACTOR COST 267.93 282.29 287.05 306.69 327.55 351.72 347.78 369.84
 377.78 388.14 395.35 403.84 410.31 425.53 NET INDIRECT TAXES al Indirect Taxes Subsides tv \.0 GROSS DOM ESTIC PRODUCT AT MARKET PRICES 320.47 337.87 342.21 366.43 393.97 427.69 426.65 449.07 452.06 461.64 465.37 473.60 480.13 496.03 NET FACTOR INCOME PAYMENTS FROM ABROAD bl 1.38 -3.38 -4.17 -7.75 -7.19 -4.69 -11.11 -13.34 -19.62 -17.86 -17.57 -29.18 -35.56 -36.81 GROSS NATIONAL PRODUCT AT MARKET PRICES 321.85 334.49 338.04 358.68 386.78 423.00 415.54 435.73 432.44 443.78 447.80 444.42 444.57 459.22 al -Current values are deflated by the Implicit Deflator of GOP at Factor Cost bl -Deflated by the Consumer Price Index SOURCE: Central Stsatistical Office TABLE 15 COMMONWEALTH OF DOMINICA CURRENT ACCOUNT OF CENTRAL GOVERNMENT REVENUE (Thousand of East Caribbean Dollars) 83/84 84/85 85/86 86/87 87/88 88/89 89/90 90/91 91/92 92/93 93/94 94/95 95/96 Direct Taxes 18,839 22,448 25,781 23,691 28,702 27,539 32,328 36,812 43,567 39,830 39,243 41,393 47,63 Personal Income Tax Company Income Tax Other Direct Taxes 5,414
15 4 4,311 3,063 3,643 8,821 10,545 7,015 5,414 5,828 5,80 Indirect Taxes 41,350 42,841 46,284 56,072 62,489 79,117 79,014 82,315 80,616 86,635 88,544 91,298 94,03 Import Duties Export Duties Consumption Tax Other Indirect Taxes Property Income 1,009 886 1,353
18,057 17,80 Property Income 1,009 886 1,353 772 1,152 889 1,315 1,132 2,911 2,833 5,235 2,006 3,69 Rent of Land DiviC\ends Interest Current Transfers From Households Social Security Contributions Profit Currency Authority Profits Government Corporations SurplUS of Departmental Enterprises Total Recurrent Revenue 736 1,124 1,197 1,801 3,078 3,837 3,728 3,836 5,224 5,800 5,388 5,615 6,41 o 458 692 705 875 649 741 1,100 2,410 2,893 3,000 2,613 1,60 3,443 1,959 1,006 1,076 1,958 1,871 1,035 2,201 2,368 2,253 2,184 2,242 2,00 350 o 250 o o o o o o o o o 276 447 (636) (696) (611 ) (249) (809) (920) (1,255) (744) (720) (274) (15 66,003 70,163 75,927 83,421 97,643 113,653 117,352 126,476 135,841 139,500 142,874 144,893 155,220 Figures for 1995/96 are revised estimates 30 TABLE 16 COMMONWEALTII OF DOMINICA CURRENT ACCOUNT OF CENTRAL GOVERNMENT EXPENDITURE (Thousand of East Caribbean Dollars) 83/84 84/85 85/86 86/87 87/88 88/89 89/90 90/91 91/92 92/93 93/94 94/95 95/% Personal Emoluments 38,389 41,302 46,117 47,799 51,451 56,370 58,977 71,703 68,520 76,960 83,583 81,601 87,19 Pensions & Gratuities 4,283 5,008 4,949 5,515 5,814 6,293 6,687 7,703 7,570 8,744 9,235 9,180 10,10 Miscellaneous Goods & Services 14,698 14,698 12,546 15,826 17,251 20,181 23,553 24,461 27,280 30,217 36,141 36,884 40,53 Less Fees & Sales 1,350 1,682 6,013 6,829 7,073 5,489 2,366 2,142 5,422
 4,779 5,264 5,079 6,53 Government Final Consumption Expenditur 56,020 59,326 57,599 62,311 67,443 77,355 86,851 101,725 97,948 111,142 123,695 122,586 131,29 Current Transfer To: 6,492 6,850 7,776 7,385 10,487 7,937 8,346 10,092 13,170 10,701 13,538 6,163 8,38 Households Local Authorities Non Profit Making Bodie Abroad Caricom Abroad Non - Caricom 2,218
In terest Grants and Contributions Subsidy Total Expenditure 69,799 74,674 74.227 77,420 85,794 97,183 104,596 121.631 124,066 137,085 153.363 146,284 159,531 Surplus on Curren t Accoun t (3.796) (4,511) 1,700 6.001 11,849 16,470 12,756 4,845 11.775 2.415 (10,489) (1.391) (4,311 Figures for 1995/96 are revised estimates 31 TABLEt7 RECEIPTS COMMONWEALTH OF DOMINICA CURRENT ACCOUNT OF DEPARTMENTALENTERPRISES (Thousand of East Caribbean Dollars) 83/84 84/85 85/86 86/87 87/88 88/89 89/90 90/91 91/92 92/93 93/94 94/95 95/96 Sale of Goods & Services 1.585 1,736 948 1,109 1.268 1.515 1,340 1.547 1,550 2.051 2,043 2.179 2,315 Miscellaneous Other Receipts 439 539 87 57 148 488 214 296 338 331 408 758 941 Total Receipts 2,024 2,275 1,035 1,166 1,416 2,003 1,554 1,843 1,888 2,382 2,451 2,937 3,256 EXPENDITURE Personal Emoluments 1,287 1.331 1.319 1.438 1.559 1.619 1.756 2.088 2,309 2.357 1.837 1.922 1,983 Rent Paid 152 156 151 158 156 222 177 197 218 15 16 23 30 Other Operational Expenses 309 341 201 266 312 411 430 478 616 754 1,318 1,266 1.397 Surplus on Current Account 276 447 (636) (696)
 (611) (249) (809) (920) (1,255) (744) (720) (274) (154) Total Expenditure 1,748 1,828 1,671 1,862 2,027 2,252 2,363 2,763 3,143 3,126 3,171 3,211 3,410 Note: The Departmental Enterprises are: Airport Post Office Figures for 1995/96 are revised estimates 32 TABLE 18 COMMONWEALTH OF DOMINICA CAPITAL ACCOUNT OF CENTRAL GOVERNMENT (Thousand of East Caribbean Dollars) 83/84 84/85 85/86 86/87 87/88 88/89 89/90 90/91 91/92 92/93 93/94 94/95 95/96 SOURCES OF FUNDS 1.
Surplus aD Current Account 2.

Sale of land 3.

Loan Receipts (3,796) (4,511) 1,700 6,001 11,849 16,470 12,756 4,845 11,775 2,415 (10,489) (1,391) (4,311 392 415 571 2,263 3,523 6,482 368 2,945 4,000 3,100 3,100 6,561 8.000 10,338 10,347 6,697 5,416 15,302 9,913 37,767 25,688 24,731 16,885 29,953 24,895 28,790 4.

Loan Repaymen ts 448 796 689 917 942 667 96 344 2,100 3,689 4,139 6,251 3,818 5.

Development Aid Funds 26,074 30,412 39,679 4,752 19,763 6,786 19,799 12,241 28,424 28,207 43,228 15,824 38,701 6.
BDA Grants 7, Other Grants 8.

Borrowing 9.

Finance of Capital Expenditure USES OF FUNDS 0 0 0 0 0 0 o o 0 0 o o 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5,675 5,735 (4,968) (3,648) (3,286) 22,117 (5,440) 22,529 (25,283) (23,810) (32,428) 27,142 (24,171 39.331 43,194 44,568 15.721 48,093 62,435 65,346 68,592 45,747 32,486 37,503 79,282 50,827 1.

Purchase of Land o o o o o o o o o o o o o 2.

Land Development 3,678 2,705 2,919 2,202 6,088 7,709 3,310 4,074 6,543 2,922 7,909 11,525 1,504 3.
Construction Residential Build ings NonResidential Buildings Other Transport Equipment 315 32 158 55 23 347 1,872 118 124 191 o 84 50 5.
Other Equipment 414 557 706 646 2,331 1,465 2,464 783 1,458 821 493 794 662 6.

Purchase of Financial Assets 7.

Purchase of Eu ildings 8.

Sinking Fund and 834 o 7 o 162 276 34 7,260 1,088 1,500 1,000 1,000 1,000 1,000 o o o 60 o o o o o o o o Repayment of Loans 2,652 2,583 2,481 3,616 7,222 4,563 4,763 5,055 6,163 8,662 6,664 14,813 12,129 9.
Total Capital Expenditure 39,331 43,194 44,568 15.721 48,093 62,435 65,346 68.592 45,747 32,486 37,503 79,282 50,827 33 TABLE 19 COMMONWEALTHOF DOMINICA CURRENT ACCOUNT OF CENTRAL GOVERNMENT REVENUE AS A PERCENTAGE OF GROSS DOMESTIC PRODUCT 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 Direct Taxes 10.44 11.08 11.55 9.35 10.12 6.63 9.58 9.95 10.69 9.14 8.60 6.30 9.27 Personal Income Tax Company Income Tax Other Direct Taxes Indirect Taxes 22.92 21.14 20.73 22.14 22.03 24.78 23.41 22.26 19.79 19.88 19.40 18.30 16.30 Import Duties Export Duties Consumption Tax Other Indirect Taxes Property Income 0.56 044 0.61 0.30 0.41 0.28 0.39 0.31 0.71 0.65 1.15 0.40 0.72 Rent of Land Dividends In terest Current Transfers From Households Social Security Contributions 0.00 0.23 0.31 0.28 0.31
 0.20 0.22 0.30 0.59 0.66 0.66 0.52 0.31 Profit Currency Authority 1.91 0.97 0.45 0.42 069 0.59 0.31 0.60 0.58 0.52 0.48 0.45 0.39 Profits Government Corporatiol 0.19 c.oo 0.11 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Surplus of Departmental Enterprises 0.15 0.22 -0.26 -0.27 -0.22 -0.08 -0.24 -0.25 -0.31 -0.17 -0.16 -0.05 -0.03 Total Recurrent Revenue 36.58 34.62 34.01 32.94 34.43 35.60 34.76 34.20 33.35 31.94 31.31 29.0.
30.21 Figures for 1995/96 are revised estimates 34 TABLE 20 COMMONWEALTH OF DOMINICA CURRENT ACCOUNT OF CENTRAL GOVERNMENT EXPENDITURE AS A PERCENTAGE OF GROSS DOMESTIC PRODUCT 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 Personal Emoluments 21.28 20.38 20.65 18.87 18.14 17.66 1.98 19.39 16.82 17.66 18.32 16.36 16.97 Pension & Gratuities 2.37 2.47 2.22 2.18 2.05 17.66 17.47 2.08 1.86 2.01 2.02 1.84 1.97 Miscel1aneous Goods & Services 8.15 7.25 5.62 6.25 6.08 6.32 6.98 6.61 6.70 6.93 7.92 7.39 7.89 Less Fees & Sales 0.75 0.83 2.69 2.70 2.49 1.72 0.70 0.58 1.33 1.10 1.15 1.02 1.27 Government Final Consumption Expenditure 31.05 29.27 25.80 24.60 23.78 24.23 25.73 27.51 24.04 25.50 27.11 24.57 25.55 Current Transfer To: 3.60 3.38 3.48 2.92 3.70 2.49 2.47 2.73 3.23 2.46 2.97 1.24 1.63 Household Local Authorities Non Profit Making Bodies Abroad - Caricom Abroad -Non- Caricom Interest 3.48 3.60 3.43 2.70 2.32 2.33 2.02 2.18 2.46 2.78 2.75 2.81 2.85 Grants & Contributions 0.18 0.22 0.20 0.04 0.16 0.05 0.10 0.07 0.27 0.24 0.26 0.19 0.34 Subsidy 0.38 0.38 0.34 0.30 0.29 0.32 0.40 0.40 0.45 0.48 0.53 0.51 0.67 Total Expenditure 38.69 36.84 33.24 30.57 30.25 30.44 30.99 32.89 30.46
 31.45 33.61 29.32 31.05 Figures for 1995/96 are revised estimates 35 TABLE 21 CURRENT ACCOUNT THE BALANCE OF PAYMENTS OF DOMINCA SUMMARRY 1987-1996 1987 1988 1989 1990 1991 CREDI1 DEBI1 CREDI1 DEBI1 CREDI1 DEBIT CREDI1 DEBI1 CREDI1 DEBIT 288.46 379.22 398.11 280.46 352.69 247.80 290.82 212.15 231.08 229.81 GOODS AND SERVICES 178.99 209.25 210.41 267.00 192.38 324.70 241.51 361.66 251.18 341.06 A Goods Merchandise Stores and Bunkers B.
Service Transportation Travel Insurance Service Financial Service Other Business Services Government Services C. Income Compensation of Employees Investment Income D. Current Transfers General Government Other Sectors na 7.60 1.70 50.32 26.26 6.50 3.96 n 11.30 2.30 56.41 6.30 35.32 2.75 na 58.44 32.70 6.00 6.27 n 10.24 12.07 1.80 1.40 67.36 7.74 42.39 5.60 na 9.78 1.85 69.76 39.88 9.64 8.52 n 9.92 1.80 90.12 81.00 9.65 41.11 101.01 10.82 80.58 41.17 55.16 11.90 65.20 12.49 10.06 na 14.13 1.12 9.61 n CAPITAL AND FINANCIAL ACCOUNl 91.93 48.28 88.32 40.98 142.03 18.88 136.50 20.87 120.42 18.43 A.
Capital Account Capital Transfers Acquisition & Disposition of Nonprod Nonproduce Non -Financial Assets B.
Financial Account Direct Investment Portfolio Investment Other Invesment Public Sector Long Term Loans Other Public Sector Capital Commercial Banks Other OVERALL BALANCE 22.90 -2.10 FINANCING Change in SDR Holdings Change in Reserve Position with the IMF Change in Government Foreign Assets Change in Imputed Reserves 12.0~ 0.00 0.00 0.00 0.00 0.00 13.90 0.00 3.50 2.50 7.90 0.05 0.00 0.00 0.05 0.00 12.1 00 2.4 O.C 9.; Provisional data 1996 Source: ECCB 36 TABLE 21 THE BALANCE OF PAYMENTS OF DOMINCA SUMMARRY 1987 -1996 1992 1993 1994 1995 1996 CREDIT DEBIT CREDIT DEBIT CREDIT DEBIT CREDI" DEBI1 CREDr DEBIT 306.32 411.05 335.27 457.17 295.95 371.97 304.19 373.86 351.13 433.71 CURRENT ACCOUNT 268.07 338.11 254.39 336.04 258.01 355.61 282.61 387.62 305.31 368.45 GOODS AND
 SERVICES 148.18 250.54 127.68 253.46 118.74 258.74 124.86 278.63 139.89 265.61 A Goods 147.32 250.54 127.30 253.26 116.91 258.54 122.16 278.63 137.19 265.36 1.44 000 0.38 0.20 1.83 0.20 2.70 0.00 2.70 0.25 Merchandise Stores and Bunkers B.
Service Transportation Travel Insurance Service Financial Service Other Business Services Government Services C. Income Compensation of Employees Investment Income 29.37 5.13 24.24 9.13 5.53 3.60 33.54 10.06 40.01 17.70 43.90 24.77 38.78 18.78 D. Current Transfers 3.69 29.85 6.45 3.61 8.90 5.32 10.00 8.62 4.88 8.62 31.11 12.38 33.90 16.15 33.90 10.16 General Government Other Sectors 110.50 18.46 95.80 20.82 115.64 25.91 232.55 89.50 122.31 50.66 CAPITAL AND FINANCIAL ACCOUN1 4.
1 13.44 19.23 15.62 17.47 17.16 4.59 0.00 5.71 9.36 0.00 3.02 0.00 17.69 32.25 11.28 0.00 9.51 0.00 26.97 6.43 A.

Capital Account Capital Transfers Acquisition & Disposition of Nonprod Nonprod uce Non - Financial Assets B.
Financial Account Direct Investment Portfolio Investment Other Invesment Public Sector Long Term Loans Other Public Sector Capital Commerciai Banks Other -8.74 21.50 7.44 OVERALL BALANCE 12.00 0.00 0.00 0.00 12.00 3.26 0.00 2.16 1.10 0.00 0.00 0.00 0.00 0.00 0.00 21.15 0.00 1.81 1.32 18.02 0.00 0.00 0.00 0.00 0.00 7.44 FINANCING 0.00 Change in SDR Holdings Change in Reserve Position with the IMF Change in Government Foreign Assets Change in Imputed Reserves 2.20 1.75 3.49 Provisional data 1996 Source: ECCB 37 TABLE 22 CURRENT PRTCES GDP at Factor Cost GDP at Markel Prices GNP at Market Prices Per Capita GDP at ractorCost Per Capita GDP at Market Prices Per Capita GNP at Market Prices CONST ANT PRICES GDP at Factor Cost GDP at Market Prices GNP at Market Prices Per Capita GDP at Factor Cost Per Capita GDPat Market Prices Per Capita GNP at Market Prices W co Mid Year Population/b Value of Exports(FOB) Value of Imports(CIF) Construction Imports Consumer Price Index(FEB 1994 =100) Implicit Deflator of GDP(l990 =100) Government Recurrent Revenue/a Government Recurrent Expenditure Total Visitor Arrivals Total Passenger Arrivals Electricity Generated Banana Production Commercial Bank Loans (Outstanding) a These figures relate to the fiscal years b Estimated Mid-year Population COMMONWEALTH OF DOMINICA SELECTED ECONOMIC
 INDICATORS 6.286
n.a.
n.a.

n.a.

n.a.

23.80 71.45 21.60 73.62 25.50 77.20 36.70 49.80 46.30 38.70 n.a.
w \.0 C 0'­--'­~ V7 U ~ 600 , 500 400 300 200 100 o CHART1: GDPATFACfORCOSTINCURRENT&CONSTANTPRlCES • 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 Year • GDP - Current Prices GDP - Contant Prices CHART 2: PERCENTAGE CONTRIBUTION OF ECONOMIC ACfIVITY IN CONSTANT PRICES Electricity & Water (3.1 %) Constuction (6.9%) Manufacturing (5.8%) Mining & Quarrying (0.7%) Wholesale & Retail Trade (10.4%) Agriculture (18.5%) *'" o Hotels & Restaurants (2.2 %) Transport (8.6%) Communications (8.0%) Banks & Insurance (10.1 %) Real Estate & Housing (2.8%) Government Services
 (14.1 %) Imputed Service Charge (7.7%) Other Services (1.1 %) CHART 3: CONSTANT & CURRENT RATE OF GROWTH 15 10 / ~V~ tf­ ..0 ~ 1-1 o ..... o ...., CIJ ~ Q) / 5 V ~V ....... ----­ ~ ~~\/ --II ~~ \ I \ \1/~ ...--­ -' / ~\ ~ ..--I_ \ ~ Y'~ o -5 ~~j ,4 ~ ~,) N) I ~: ~,~ ~,~ YV '1 'f, ''> ~Iq ''> '0 _____ Current Rate of Growth ----+- Constant Rate of Growth Year CHART 4: SURPLUS ON CURRENT ACCOUNT OF CENTRAL GOVERNMENT .p.
IV \iA U Li1 til ::l 0... I-< :; rJ) '""0 c:: '" '";:) 0 ..c Eo-< 20 15 10 5 0 -5 -10 -15 I I I / ~ I I 83 ,)~ ) / ) / ~ ~ ) \ \ V \ \ ~ \ / ~, \:/.. V ) ~Vi 84 85 86 87 88 89 90 91 - .
92 93 94 95 96- - Fiscal Year Contact U~ for more information... External Trade Statistics Travel Statistics Consumer Price Index National Accounts Economic Indicators Balance of Payments Population Statistics Demographic Statistics Education Statistics Central Statistical Office Ministry of Finance Tel: (809)-448-2401 Ext 3400-3407 Fax: (809)-448-5200 Price: EC$25.00