Dominican Republic: Economy

Economic Trivia

Tourism; Sugar Processing; Ferronickel and Gold Mining; Textiles

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2015): United States, China, and Haiti
Top 3 Exported Goods (2015): Precious Stones & Metals, Precision Instruments, and Tobacco

Top Industries Source: CIA World Factbook

Tourism; Sugar Processing; Ferronickel and Gold Mining; Textiles

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $149,626,592,866 (2015)
GDP Growth Rate (annual %) 6.953% (2015)
GDP Per Capita, PPP (current international) $14,212 (2015)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 72/193 (2015)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) 0.837% (2015)
External debt stocks, total (DOD, current US$) $26,707,974,000 (2014)
Total tax rate (% of commercial profits) 42.4% (2015)
Real Interest Rate (5 year average %) 13.237% (2015)
Manufacturing, value added (% of GDP) 15.238% (2015)
Current Account Balance (BoP, current US$) ($1,306,668,676) (2015)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 4,710,194 (2014)
Employment in Agriculture (% of total employment) 14.5% (2014)
Employment in Industry (% of total employment) 17.4% (2014)
Employment in Services (% of total employment) 41.9% (2014)
Unemployment Rate 15% (2014)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $19,414,084,462 (2015)
Exports of goods and services (current US$) $16,532,204,073 (2015)
Total Merchandise Trade (% of GDP) 42.421% (2014)
FDI, net inflows (BoP, current US$) $2,243,900,000 (2015)
Commercial Service Exports (current US$) $6,690,800,000 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Dominican Republic’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary