Roseau is the main hub of business in Dominica

Roseau is the main hub of business in Dominica

Dominica has not done well in 2013 in terms of foreign direct investments (FDI), according to data recently released in the Foreign Direct Investment in Latin America and the Caribbean report from the United Nations’ Economic Commission for Latin America and the Caribbean (ECLAC).

As a matter of fact FDI dropped by 22 percent in 2013 as compared to 2012, the report shows.

In 2013, Dominica attracted a mere US$18-million in FDI as compared to US$23-million in 2012.

The Dominican Republic topped the list with a total of US$1.991-billion, despite a 37 percent drop in 2013 as compared to 2012.

In terms of per capita, St. Kitts leads the way with a total of US$2,090 in FDI, the highest in the region.

Grenada saw the largest improvement in FDI with a 120 percent increase in 2013 as compared to 2012.

Chart below shows the ranking of all the Caribbean countries rated by ECLAC. The organization does not have data for Barbados. (Graphic by Caribbean Journal).

fdi ranking