Source
Central bank

Central Bank of the Dominican Republic

International Reserves

US$ 4.117 billion (Source: IMF; Data updated: 2012)

Source
Gross Domestic Product - GDP

US$ 59.429 billion (2010 estimate)

GDP (Purchasing Power Parity)

98.835 billion of International dollars (2010 estimate)

Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
1.8% 5.8% -0.3% 1.3% 9.3% 10.7% 8.5% 5.3%
2009 2010 2011 2012*        
3.5% 7.8% 4.5% 4.5%        

*Estimate

GDP per capita - current prices

US$ 5,805 (2004 estimate)

GDP per capita - PPP

$9,655 International Dollars (2004 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
0.09% 0.09% 0.11% 0.12% 0.12%

**Forecast

 
 
Source
GDP - composition by sector

(Data released on February 2012)

  • agriculture: 7.3% 
  • industry: 27.9% 
  • services: 64.8% (2011 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
1.4%(2008) 6.3% 8.5% 5.5%

*Estimate

Unemployment rate
2009 2010 2011 2012*
14.9% 14% 14.6%(2009) 13%

*Estimate

Household saving rates

N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
24.7% 28.4% 28.7% 29.3% 29.9%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-3% -3.5% -2.5% -2.5% -2.3%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: B+

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
N/A N/A N/A
Largest companies in The Dominican Republic

N/A

 
 
Source
Current account balance

US$ -4.1 billion (2010 estimate)(After 2008)

Current account balance by percentage of GDP

-6.9% of GDP (2010 estimate)(2009)

Exports as percent of GDP(Exports of goods and services)

22.3% (2010)

(Data released on April 2012)

Shares in world total merchandising export

0.05%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export

0.12% (2011)(2007)

(Data were released in 2012)

Total exports

US$9.467 billion (2012 estimate) 

Export commodities

ferronickel, sugar, gold, silver, coffee, cocoa, tobacco, meats, consumer goods

Total imports

US$18.2 billion (2012 estimate) 

 
 
Source
Import commodities

foodstuffs, petroleum, cotton and fabrics, chemicals and pharmaceuticals

Exports - major partners

US 49.3%, Haiti 16.9% (2011)

Imports - major partners

US 43.4%, Venezuela 7.1%, Mexico 6%, China 5.7% (2011)

FDI inflows
2009 2010 2011
US$2,165 million US$1,896 million(2009) US$2,371 million(2009)
FDI outflows
2009 2010 2011  
US$-32 million US$-23 million US$-25 million  
Value of cross-border M&A;, by country of purchaser
2008 2009 2010 2011
US$-25 million N/A(2009) US$31 million(2009) N/A
Cross-border M&A; deals worth over $3 billion completed in 2010(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2011(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project (Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 116 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 137 out of 185 countries(2009)

Enforcing Contracts: 84 out of 185 countries

Registering Property: 110 out of 185 countries

Getting credit: 83 out of 185 countries

Protecting investors: 100 out of 185 countries

Trading across border: 46 out of 185 countries

Paying Taxes: 98 out of 185 countries

Dealing with Construction Permits: 108 out of 185 countries

Getting Electricity: 122 out of 185 countries

Resolving Insolvency: 156 out of 185 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

105

(2012)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 89 Score: 60.2 (Moderately Free) (2009)

(100=totally free 0=totally repressed )

 
 
Source
Total area

48,310 km2 (2006)

Capital

Santo Domingo (2009)

Currency

Dominican pesos (DOP) (2009)

Government type

democratic republic (2009)

Languages

Spanish

Religions

Roman Catholic 95%, other 5%

Total population
1980 1990 2000 2012* 2017**
5.68 million 7.15 million 8.26 million 10.24 million 11.2 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
30.2% 51.3% 62.4% 69.6%
Population median age

25 years (2010)

Population growth rate

1.3% (2011)

Life expectancy

73 years (2010)

% of population living on less than $2 a day

13.63% (2011)

Inequality of wealth distribution (Gini index)

47.2 (2010)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:2
Civil Liberties:2 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

97.6% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

35.5% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Santo Domingo: 162nd (2011)

Source
CO2 emissions(Metric tons of CO2 per capita)

2.0756 (Data were released in 2012 and refer to 2009)

World's Best Developed & Emerging Markets Banks

World’s Best Treasury & Cash Management Providers

World's Best Internet Banks

World's Best Subcustodian Banks

World's Best Banks By Region

World's Best Banks

2013

Best of…

Additional Awards