Dominican Republic Economic Statistics and Indicators

16, Nov 2018, EST. Welcome to the Dominican Republic economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Dominican Republic › Change country
National or Regional Currency: Dominican Republic Peso, DOP
Year of data: 2015 › Change year
Number of Indicators Listed: 38
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 10,349,741 (July 2014 est.)
Area: total: 48,670 sq km ; land: 48,320 sq km ; water: 350 sq km
Natural Resources: nickel, bauxite, gold, silver
Capital: name: Santo Domingo ; geographic coordinates: 18 28 N, 69 54 W ; time difference: UTC-4 (1 hour ahead of Washington, DC, during Standard Time)

The Dominican Republic has long been viewed primarily as an exporter of sugar, coffee, and tobacco, but in recent years the service sector has overtaken agriculture as the economy's largest employer, due to growth in telecommunications, tourism, and free trade zones. The economy is highly dependent upon the US, the destination for approximately half of exports. Remittances from the US amount to about 5% of GDP, equivalent to about a third of exports and two-thirds of tourism receipts. The country suffers from marked income inequality; the poorest half of the population receives less than one-fifth of GDP, while the richest 10% enjoys nearly 40% of GDP. High unemployment and underemployment remains an important long-term challenge. The Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) came into force in March 2007, boosting investment and exports and reducing losses to the Asian garment industry. The Dominican Republic's economy rebounded from the global recession in 2010-13, and the fiscal situation is improving. A tax reform package passed in November 2012 and a reduction in government spending helped to narrow the central government budget deficit from 6.6% of GDP in 2012 to below 3% in 2013. A successful government bond placement in 2013 helped finance the deficit.
More on the Dominican Republic Economy
More on the Dominican Republic Export, Import and Trade

Economic Indicator Listing
  For Dominican Republic in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 7 %
GDP (Current Prices, National Currency)DOP 3,036.42 Billion.
GDP (Current Prices, US Dollars)US$ 67.492 Billion
GDP Deflator 145.723 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)DOP 208,570.80 .
GDP Per Capita (Current Prices, National Currency)DOP 303,934.59 .
GDP Per Capita (Current Prices, US Dollars)US$ 6,755.74
GDP (PPP), US DollarsUS$ 149.692 Billion
GDP Per Capita (PPP), US DollarsUS$ 14,983.65
GDP Share of World Total (PPP) 0.132 %
Implied PPP Conversion Rate 20.284
Investment (% of GDP) 22.35 %
Gross National Savings (% of GDP) 20.425 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 119.205 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 0.837 %
Inflation, End of Year (Indexed to Year 2000) 120.92 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 2.344 %
Import Volume of All Items Including Goods and Services (Percent Change) 9.839 %
Import Volumes of Goods Only (Percent Change) 10.469 %
Export Volume of All Items Including Goods and Services (Percent Change) 5.791 %
Export Volumes of Goods Only (Percent Change) 3.701 %
Unemployment Rate (% of Labour Force) 5.94 %
Population 9.99 Million
General government revenue (National Currency)DOP 547.928 Billions.
General government revenue (% of GDP) 18.045 %
General government total expenditure (National Currency)DOP 545.854 Billions.
General government total expenditure (% of GDP) 17.977 %
Total Government Net Lending/ Borrowing (National Currency)DOP 2.073 Billions.
Total Government Net Lending/ Borrowing (% of GDP) 0.068 %
General Government Structural Balance (National Currency)DOP -81.104 Billion.
General Government Structural Balance (% Potential GDP) -2.707 %
Fiscal Year Gross Domestic Product, Current PricesDOP 3,036.42 Billions.
Current Account Balance (US Dollars)US$ -1.299 Billion
Current Account Balance (% GDP) -1.924 %
Economic Indicators for Dominican Republic 2015

GDP (Constant Prices, National Currency) for Dominican Republic in year 2015 is DOP 2,083.70 Billion.

GDP Growth (Constant Prices, National Currency) for Dominican Republic in year 2015 is 7 %.

GDP (Current Prices, National Currency) for Dominican Republic in year 2015 is DOP 3,036.42 Billion.

GDP (Current Prices, US Dollars) for Dominican Republic in year 2015 is US$ 67.492 Billion.

GDP Deflator for Dominican Republic in year 2015 is 145.723 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Dominican Republic in year 2015 is DOP 208,570.80 .

GDP Per Capita (Current Prices, National Currency) for Dominican Republic in year 2015 is DOP 303,934.59 .

GDP Per Capita (Current Prices, US Dollars) for Dominican Republic in year 2015 is US$ 6,755.74 .

GDP (PPP), US Dollars for Dominican Republic in year 2015 is US$ 149.692 Billion.

GDP Per Capita (PPP), US Dollars for Dominican Republic in year 2015 is US$ 14,983.65 .

GDP Share of World Total (PPP) for Dominican Republic in year 2015 is 0.132 %.

Implied PPP Conversion Rate for Dominican Republic in year 2015 is 20.284 .

Investment (% of GDP) for Dominican Republic in year 2015 is 22.35 %.

Gross National Savings (% of GDP) for Dominican Republic in year 2015 is 20.425 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Dominican Republic in year 2015 is 119.205 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Dominican Republic in year 2015 is 0.837 %.

Inflation, End of Year (Indexed to Year 2000) for Dominican Republic in year 2015 is 120.92 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Dominican Republic in year 2015 is 2.344 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Dominican Republic in year 2015 is 9.839 %.

Import Volumes of Goods Only (Percent Change) for Dominican Republic in year 2015 is 10.469 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Dominican Republic in year 2015 is 5.791 %.

Export Volumes of Goods Only (Percent Change) for Dominican Republic in year 2015 is 3.701 %.

Unemployment Rate (% of Labour Force) for Dominican Republic in year 2015 is 5.94 %.

Population for Dominican Republic in year 2015 is 9.99 Million .

General government revenue (National Currency) for Dominican Republic in year 2015 is DOP 547.928 Billions.

General government revenue (% of GDP) for Dominican Republic in year 2015 is 18.045 %.

General government total expenditure (National Currency) for Dominican Republic in year 2015 is DOP 545.854 Billions.

General government total expenditure (% of GDP) for Dominican Republic in year 2015 is 17.977 %.

Total Government Net Lending/ Borrowing (National Currency) for Dominican Republic in year 2015 is DOP 2.073 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Dominican Republic in year 2015 is 0.068 %.

General Government Structural Balance (National Currency) for Dominican Republic in year 2015 is DOP -81.104 Billion.

General Government Structural Balance (% Potential GDP) for Dominican Republic in year 2015 is -2.707 %.

Fiscal Year Gross Domestic Product, Current Prices for Dominican Republic in year 2015 is DOP 3,036.42 Billions.

Current Account Balance (US Dollars) for Dominican Republic in year 2015 is US$ -1.299 Billion.

Current Account Balance (% GDP) for Dominican Republic in year 2015 is -1.924 %.

* Source: IMF
Aggregate Indicators for Dominican Republic
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Dominican Republic
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Dominican Republic
  Natural Resources, Agricultural Products, Land Use and Water Use for Dominican Republic
  Nationality, Ethnic Groups, Languages and Religions for Dominican Republic
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Dominican Republic
  Age Structure, Median Age, Gender and Urbanization for Dominican Republic
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Dominican Republic
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Dominican Republic
  HIV, AIDS and Other Major Infectious Disease Rates for Dominican Republic
  Literacy Rate, Educational Expenditure and School Life Expectancy for Dominican Republic
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Dominican Republic
  Industries and Industrial Growth Production Rate for Dominican Republic
  Labor Force by Occupation for Dominican Republic
  Poverty Line, Gini Index, Household Income and Consumption for Dominican Republic
  National Budget and Public Debt for Dominican Republic
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Dominican Republic
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Dominican Republic
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Dominican Republic
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Dominican Republic
  Foreign Exchange Reserves and Gold Reserves for Dominican Republic
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Dominican Republic
  Exchange Rate Statistics for Dominican Republic
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Dominican Republic
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Dominican Republic
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Dominican Republic
  Television and Radio Statistics (TV Stats, Radio Stats) for Dominican Republic
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Dominican Republic
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Dominican Republic
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Dominican Republic
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Dominican Republic
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Dominican Republic
* Source: CIA
Internet Indicators for Dominican Republic
Indicators
  Number of Internet Users for Dominican Republic
  Internet Penetration Rate for Dominican Republic
  Number of Facebook Accounts for Dominican Republic
  Facebook Penetration Rate for Dominican Republic
* Source: IWS
Economic Freedom Indicators for Dominican Republic
Indicators
  Economic Freedom World Rank for Dominican Republic
  Government Spending for Dominican Republic
  Monetary Freedom for Dominican Republic
  Investment Freedom for Dominican Republic
  Financial Freedom for Dominican Republic
  Property Rights for Dominican Republic
  Economic Freedom Regional Ranking for Dominican Republic
  Freedom from Corruption for Dominican Republic
  Labor Freedom for Dominican Republic
  Tariff Rate for Dominican Republic
  Income Tax Rate for Dominican Republic
  Corporate Tax Rate for Dominican Republic
  Tax Burden % of GDP for Dominican Republic
  Government Expenditure % of GDP for Dominican Republic
  Business Freedom for Dominican Republic
  Trade Freedom for Dominican Republic
  Fiscal Freedom for Dominican Republic
  2016 Score for Dominican Republic
* Source: HFO
Dominican Republic Economic Indicators in other Years
  Dominican Republic Economic Indicators for Year 2021 (Forecast)
  Dominican Republic Economic Indicators for Year 2020 (Forecast)
  Dominican Republic Economic Indicators for Year 2019 (Forecast)
  Dominican Republic Economic Indicators for Year 2018 (Forecast)
  Dominican Republic Economic Indicators for Year 2017 (Forecast)
  Dominican Republic Economic Indicators for Year 2016 (Forecast)
Dominican Republic Economic Indicators for Year 2015 (Current)
  Dominican Republic Economic Indicators for Year 2014
  Dominican Republic Economic Indicators for Year 2013
  Dominican Republic Economic Indicators for Year 2012
  Dominican Republic Economic Indicators for Year 2011
  Dominican Republic Economic Indicators for Year 2010
  Dominican Republic Economic Indicators for Year 2009
  Dominican Republic Economic Indicators for Year 2008
  Dominican Republic Economic Indicators for Year 2007
  Dominican Republic Economic Indicators for Year 2006
  Dominican Republic Economic Indicators for Year 2005
  Dominican Republic Economic Indicators for Year 2004
  Dominican Republic Economic Indicators for Year 2003
  Dominican Republic Economic Indicators for Year 2002
  Dominican Republic Economic Indicators for Year 2001
  Dominican Republic Economic Indicators for Year 2000
  Dominican Republic Economic Indicators for Year 1999
  Dominican Republic Economic Indicators for Year 1998
  Dominican Republic Economic Indicators for Year 1997
  Dominican Republic Economic Indicators for Year 1996
  Dominican Republic Economic Indicators for Year 1995
  Dominican Republic Economic Indicators for Year 1994
  Dominican Republic Economic Indicators for Year 1993
  Dominican Republic Economic Indicators for Year 1992
  Dominican Republic Economic Indicators for Year 1991
  Dominican Republic Economic Indicators for Year 1990
  Dominican Republic Economic Indicators for Year 1989
  Dominican Republic Economic Indicators for Year 1988
  Dominican Republic Economic Indicators for Year 1987
  Dominican Republic Economic Indicators for Year 1986
  Dominican Republic Economic Indicators for Year 1985
  Dominican Republic Economic Indicators for Year 1984
  Dominican Republic Economic Indicators for Year 1983
  Dominican Republic Economic Indicators for Year 1982
  Dominican Republic Economic Indicators for Year 1981
  Dominican Republic Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International