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Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about The Dominican Republic economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of country best banks and safest banks are also available.
Despite hurricane damage, average economic growth in the Caribbean is expected to top the Latin American average according to the IMF. However, Dominica's GDP is expected to decline and weak growth is likely in Puerto Rico and the U.S. Virgin Islands where pre-existing macroeconomic weaknesses were compounded by storm damage.
USD 6.1 billion (2016)
International Monetary Fund (IMF), data retrieved January 2017
USD 75.4 billion (2017, estimate)
Intl$ 171.7 billion (2017, estimate)
| 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
| 1980 | 1990 | 2000 | 2010 | 2017* |
| 0.11% | 0.10% | 0.11% | 0.12% | 0.1% |
*Estimate
(2016 estimate)
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 4.8% | 3.0% | 0.8% | 2.3% | 4.0% |
*Estimate
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 7.0% | 6.4% | 5.9% | 5.2% | 5.3% |
*Estimate
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 34.6% | 34.4% | 34.9% | 35.8% | 36.7% |
*Estimate
| 2013 | 2014 | 2015 | 2016* | 2017* |
| -3.6% | -3% | -0.4% | -3.7% | -3.9% |
*Estimate
Standard & Poor's: BB-
Moody': B1
Standard & Poor's / Moody's (Updated January 2017)
| 2013 | 2014 | 2015 |
| N/A | N/A | N/A |
-2.7% (2017 estimate)
24.7% (2015)
0.06% (2015)
0.2% (2015)
Gold, silver, cocoa, sugar, coffee, tobacco, meats, consumer goods
Petroleum, foodstuffs, cotton and fabrics, chemicals and pharmaceuticals
US 42.5%, Haiti 16.5%, Canada 8.1%, India 4.8% (2015)
US 42%, China 9.2%, Venezuela 5.6%, Trinidad and Tobago 4.5%, Mexico 4.4% (2015)
| 2013 | 2014 | 2015 |
| USD 1,991 million | USD 2,208 million | USD 2,222 million |
| 2013 | 2014 | 2015 |
| USD -391 million | USD 177 million | USD 22 million |
| 2012 | 2013 | 2014 | 2015 |
| N/A | N/A | N/A | USD 34.0 million |
N/A
N/A
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking: 103 out of 190 countries (2016)
Subcategories:
Starting a business: 115 out of 190 countries
Enforcing Contracts: 131 out of 190 countries
Registering Property: 82 out of 190 countries
Getting credit: 101 out of 190 countries
Protecting investors: 87 out of 190 countries
Trading across border: 58 out of 190 countries
Paying Taxes: 129 out of 190 countries
Dealing with Construction Permits: 45 out of 190 countries
Getting Electricity: 148 out of 190 countries
Resolving Insolvency: 160 out of 190 countries
92 out of 138 countries
(2016-2017)
Ranking: 88 / Score: 61.01 (Moderately free) (2017)
(100=totally free 0=totally repressed)
Presidential republic
| 1990 | 2000 | 2010 | 2016* | 2021* |
| 7.118 million | 8.398 million | 9.479 million | 10.088 million | 10.646 million |
*Estimate
| 1960 | 1980 | 2000 | 2015 |
| 30% | 51% | 62% | 79% |
Total population: 91.8%
Male: 91.2%
Female: 92.3% (2015 est.)
(age 15 and over can read and write)
2.4% (2013)
47.1 (2013)
(0=perfect equality, 100=absolute inequality)
Political Rights: 3
Civil Liberties: 3 (2017)
(1 represents the most free, 7 the least free rating)
Fixed 12.25% Mobile 82.59% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)