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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.
Banco Popular Dominicano CEO Christopher Paniagua advocates innovation to develop an “orange economy.”
USD 7.6 billion (2018)
International Monetary Fund (IMF), data retrieved October 2019
Intl$ 189.2 billion (2018, estimate)
2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
7.4% | 3.2% | 0.9% | 8.3% | 3.1% | 2.7% | 4.9% |
2014 | 2015 | 2016 | 2017* | 2018* | ||
7.6% | 7% | 6.6% | 4.6% | 7% |
*Estimate
1980 | 1990 | 2000 | 2010 | 2019* |
0.11% | 0.10% | 0.11% | 0.12% | 0.14% |
*Estimate
(2018 estimate)
2015 | 2016 | 2017 | 2018* | 2019* |
0.8% | 1.6% | 3.3% | 3.6% | 1.8% |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
7.3% | 7.1% | 5.5% | 5.7% | 5.5% |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
44.7% | 46.6% | 48.9% | 50.5% | 52.7% |
*Estimate
2015 | 2016 | 2017 | 2018* | 2019* |
0% | -3.1% | -3.3% | -2.3% | -3.1% |
*Estimate
Standard & Poor's: BB-
Moody': Ba3
Standard & Poor's / Moody's
2016 | 2017 | 2018 |
N/A | N/A | N/A |
-1.4 % (2018 estimate)
25.1% (2018)
0.06% (2018)
0.16% (2018)
Gold, silver, cocoa, sugar, coffee, tobacco, meats, consumer goods
Petroleum, foodstuffs, cotton and fabrics, chemicals and pharmaceuticals
US 50.3%, Haiti 9.1%, Canada 8.2%, India 5.6% (2017)
US 41.4%, China 13.9%, Mexico 4.5%, Brazil 4.3% (2017)
2016 | 2017 | 2018 |
USD 2,407 million | USD 3,571 million | USD 2,535 million |
2016 | 2017 | 2018 |
N/A | N/A | N/A |
2015 | 2016 | 2017 | 2018 |
USD 34 million | N/A |
USD 165 million |
N/A |
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:
115 out of 190 countries
Subcategories:
Starting a Business: 112 out of 190 countries
Dealing with Construction Permits: 80 out of 190 countries
Getting Electricity: 116 out of 190 countries
Registering Property: 74 out of 190 countries
Getting Credit: 119 out of 190 countries
Protecting Minority Investors: 143 out of 190 countries
Paying Taxes: 150 out of 190 countries
Trading across Borders: 66 out of 190 countries
Enforcing Contracts: 133 out of 190 countries
Resolving Insolvency: 124 out of 190 countries
78 out of 141 countries
(2019)
Ranking: 89 / Score: 61 (Moderately free)
(100=totally free 0=totally repressed)
Presidential republic
Roman Catholic 47.8%, Protestant 21.3%, other 2.2%, none 28%, don't know/no response .7%(2017 est.)
1990 | 2000 | 2010 | 2015 | 2020* |
7.12 million | 8.4 million | 9.48 million | 9.98 million | 10.47 million |
*Estimate
1960 | 1980 | 2000 | 2018 |
30.2% | 51.3% | 61.8% | 81.1% |
Total population: 93.8%
Male: 93.8%
Female: 93.8%
Definition: age 15 and over can read and write (2016 est.)
5.9% (last available estimate, 2016)
45.7 (last available estimate, 2016)
(0=perfect equality, 100=absolute inequality)
Partly Free
Political Rights: 3
Civil Liberties: 3 (2019)
(1 represents the most free, 7 the least free rating)
Fixed: 12%
Mobile: 84.1%
(2018)
(fixed-telephone subscribers and mobile-cellular subscribers)