Indicators of economy in the Dominican Republic

The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,230 USD per capita. GDP in the Dominican Republic, on the other hand, reached USD 8,477 per capita, or 94.24 billion USD for the whole country. The Dominican Republic is therefore currently ranked 66 of the major economies. If this is calculated per inhabitant, taking purchasing power parity into account, then the Dominican Republic ranks 74th in the list of the richest countries.

Inflation in the Dominican Republic in 2021 was around 8.24%. Within the EU, the average in the same year was 2.55 percent. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 54.2 percent lower.
The index for perceived corruption in the public sector is 30, which is rather poor by global standards.


Back to overview: Dominican Republic