Page 77 - Caribbean-Central America Profile 2018

DOMINICA

CARIBBEAN-CENTRAL AMERICA PROFILE 2018

TAXES Country Profile
• Companies and individuals residing in 1990 2000 2010 2016
Dominica are subject to taxes on their income. World view
• There is no capital gains tax Population, total (millions) 0.07 0.07 0.07 0.07
Population growth (annual %) -0.4 -0.3 0.3 0.5
• Companies are provided with a further tax Surface area (sq. km) (thousands) 0.8 0.8 0.8 0.8
concession effective at the end of the tax Population density (people per sq. km of land area) 94.6 92.9 95.3 98.1
holiday period. In effect, it is a rebate of a Poverty headcount ratio at national poverty lines (% of population) .. .. .. ..
portion of the income tax paid based on export Poverty headcount ratio at $1.90 a day (2011 PPP) (% of population) .. .. .. ..
profits as a percentage of total profits. GNI, Atlas method (current US$) (billions) 0.16 0.25 0.48 0.50
GNI per capita, Atlas method (current US$) 2,300 3,600 6,670 6,750
• Dominica has a tax treaty with Great Britain, GNI, PPP (current international $) (billions) 0.30 0.40 0.70 0.78
the United States, and CARICOM countries to GNI per capita, PPP (current international $) 4,220 5,720 9,800 10,610
prevent double taxation of income earned in People
Dominica. Income share held by lowest 20% .. .. .. ..
Life expectancy at birth, total (years) 74 77 .. ..
Fertility rate, total (births per woman) 2.5 1.9 .. ..
GOVERNMENT Adolescent fertility rate (births per 1,000 women ages 15-19) .. .. .. ..
Dominica is a republic with an executive branch Contraceptive prevalence, any methods (% of women ages 15-49) 50 50 .. ..
composed of a President and a Prime Minister. Births attended by skilled health staff (% of total) 17 .. 100 100 100
21
19
Mortality rate, under 5 (per 1,000 live births)
15
The House of Assembly elects the president for Prevalence of underweight, weight for age (% of children under 5) .. .. .. ..
a term of four years. The Prime Minister and Immunization, measles (% of children ages 12-23 months) 88 99 99 96
the leader of the opposition jointly nominate a Primary completion rate, total (% of relevant age group) 101 119 83 111
presidential candidate. The President appoints School enrollment, primary (% gross) 103.5 120.4 108.8 116.0
as Prime Minister the elected member of the School enrollment, secondary (% gross) 70 1 106 1 97 1 100 1
School enrollment, primary and secondary (gross), gender parity index (GPI)
House who commands the support of a majority Prevalence of HIV, total (% of population ages 15-49) .. .. .. ..
of its elected members. He also appoints other Environment
ministers on the advice of the Prime Minister. Forest area (sq. km) (thousands) 0.5 0.5 0.4 0.4
Terrestrial and marine protected areas (% of total territorial area) 0.6 0.6 .. 0.6
Executive authority is vested in the President, but Annual freshwater withdrawals, total (% of internal resources) .. 8.3 10.0 10.0
in most matters he heeds the advice of the Cabinet Improved water source (% of population with access) .. 95 94 ..
81
81
and acts as a constitutional head of state. In the Improved sanitation facilities (% of population with access) 2.2 .. -0.2 0.7 0.9 ..
Urban population growth (annual %)
unicameral legislature, the House of Assembly, Energy use (kg of oil equivalent per capita) 299 .. 606 ..
there are 30 members: one elected representative CO2 emissions (metric tons per capita) 0.83 1.47 1.95 1.86
from each of 21 constituencies, one elected Electric power consumption (kWh per capita) .. .. .. ..
member and nine Senators who are appointed Economy
(five on the advice of the Prime minister and four GDP (current US$) (billions) 0.17 0.34 0.49 0.53
0.4
on the advice of the Leader of the Opposition). GDP growth (annual %) 5.3 25.0 0.7 0.9
Inflation, GDP deflator (annual %)
0.7
3.0
0.3
There is also a Speaker of the House. The normal Agriculture, value added (% of GDP) 25 13 14 16
term of Parliament is five years. Industry, value added (% of GDP) 19 18 14 13
Services, etc., value added (% of GDP) 56 69 72 71
The legal system is based on English common Exports of goods and services (% of GDP) 55 43 36 42
law. There are three local levels of judiciary Imports of goods and services (% of GDP) 81 55 54 55
courts, and the British Caribbean Court of Appeal. Gross capital formation (% of GDP) 41 20 18 15
Revenue, excluding grants (% of GDP) .. 23.6 26.4 26.1
Net lending (+) / net borrowing (-) (% of GDP) .. -5.2 -6.3 -3.8
ELECTIONS States and markets
General Election was held in Dominica on 08 Time required to start a business (days) .. .. 13 12
December 2014, to elect the 21 Representatives of Domestic credit provided by financial sector (% of GDP) 59.6 61.2 51.1 37.3
the House of Assembly. The incumbent Dominica Tax revenue (% of GDP) .. 20.1 24.6 21.9
Labour Party (DLP) won 15 seats, winning a Military expenditure (% of GDP) .. .. .. ..
fourth consecutive term. The Opposition United Mobile cellular subscriptions (per 100 people) 0.0 1.7 148.3 107.4
8.8
0.0
67.0
47.5
Individuals using the Internet (% of population)
Workers Party (UWP) won the other 6 seats. The High-technology exports (% of manufactured exports) 2 7 0 ..
next General Elections are due in 2019. Overall level of statistical capacity (scale 0-100) .. .. 47 58
Global links
GOVERNMENT LEADERS Merchandise trade (% of GDP) 104 60 53 51
President Net barter terms of trade index (2000 = 100) .. 100 112 105
Charles Savarin External debt stocks, total (DOD, current US$) (millions) 91 183 271 314
State House, Victoria Street Total debt service (% of exports of goods, services and primary income) 6.6 .. 7.4 .. 9.2 .. 10.8 ..
Net migration (thousands)
Roseau, Dominica Personal remittances, received (current US$) (millions) 14 14 23 24
Tel: (767) 266 3333 Foreign direct investment, net inflows (BoP, current US$) (millions) 13 18 24 36
Fax: (767) 449 8366 Net official development assistance received (current US$) (millions) 19.6 15.3 32.5 11.4
Email: presidentoffice@cwdom.dm Figures in italics refer to periods other than those specified. Source: World Development Indicators database.
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