Source
Central bank

Central Bank of the Dominican Republic

International Reserves

USD 6.1 billion (2016)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 75.4 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 171.7 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
10.7% 8.5% 3.1% 0.9% 8.3% 2.8% 2.6%
2013 2014 2015* 2016* 2017*    
4.8% 7.3% 7% 5.9% 4.5%    

*Estimate

GDP per capita - current prices

USD 7,393.6 (2017, estimate)

GDP per capita - PPP

Intl$ 16,838.7 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0.11% 0.10% 0.11% 0.12% 0.1%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 5.1% 
  • industry: 32.8% 
  • services: 62.2%

(2016 estimate)

Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2013 2014 2015 2016* 2017*
4.8% 3.0% 0.8% 2.3% 4.0%

*Estimate

Unemployment rate
2013 2014 2015 2016* 2017*
7.0% 6.4% 5.9% 5.2% 5.3%

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015 2016* 2017*
34.6% 34.4% 34.9% 35.8% 36.7%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015 2016* 2017*
-3.6% -3% -0.4% -3.7% -3.9%

*Estimate

Government bond ratings

Standard & Poor's: BB-

Moody': B1

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies in The Dominican Republic

N/A

 
 
Source
Current account balance

US$ -2.838 billion (2014 estimate)

Current account balance by percentage of GDP

-4.519% of GDP (2014 estimate)

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

26.0% (2013)

(Data released on October 2014)

Shares in world total merchandising export

0.05% (2012)

 

Shares in world total commercial services export

0.13% (2012)

(Data were released in 2014)

Total exports

US$9.825 billion (2013 estimate) 

Export commodities

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

Total imports

US$16.8 billion (2013 estimate) 

 
 
Source
Import commodities

foodstuffs, petroleum, cotton and fabrics, chemicals and pharmaceuticals

Exports - major partners

US 47%, Haiti 16.1%, China 4.3% (2012)

Imports - major partners

US 43.3%, Venezuela 7.7%, China 6.3%, Mexico 5.3%, Colombia 4.1% (2012)

FDI inflows
2011 2012 2013
US$2,275 million US$3,142 million US$1,991 million
FDI outflows
2011 2012 2013  
US$-25 million US$-27 million US$-21 million  
Value of cross-border M&A;, by country of purchaser
2010 2011 2010 2011
US$31 million US$ 0 US$0 US$ 0
Cross-border M&A; deals worth over $3 billion completed in 2012(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 2013(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(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 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 117 out of 189 countries(2013)

Subcategories:

Starting a business: 144 out of 189 countries

Enforcing Contracts: 81 out of 189 countries

Registering Property: 115 out of 189 countries

Getting credit: 86 out of 189 countries

Protecting investors: 98 out of 189 countries

Trading across border: 33 out of 189 countries

Paying Taxes: 106 out of 189 countries

Dealing with Construction Permits: 121 out of 189 countries

Getting Electricity: 127 out of 189 countries

Resolving Insolvency: 159 out of 189 countries

(2013)

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

101

(2014-2015)

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 80 Score: 61.3 (Moderately Free) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC-4

Total area

48,670 sq km

Capital

Santo Domingo

Currency

Dominican pesos (DOP)

Government type

democratic republic

Languages

Spanish (official)

Religions

Roman Catholic 95%, other 5%

Total population
1990 2000 2010 2014* 2019**
6.849 million 8.263 million 9.874 million 10.602 million 11.587 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
30.2% 51% 62% 77%
Population median age

27.1 years (est. 2014)

Population growth rate

1.25% (2014 est.)

Life expectancy

77.8 years (2014 estimate)

Adult literacy

90.1% (2011 estimate)

% of population living on less than $2 a day

8.8% (2012)

Inequality of wealth distribution (Gini index)

45.7 (2012)
(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 2
Civil Liberties: 3 (2014)

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

Total telephone subscribers as % of population

Fixed 11.3%  Mobile 88.4%
(2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

45.90% (2013)

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 173rd (2014)

CO2 emissions(Metric tons of CO2 per capita)

2.1 (2010)

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2013

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