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 (2021): United States, China, and India
Top 3 Exported Goods (2021): Precious Stones & Metals, Tobacco, and Electrical Machinery

Top Industries Source: CIA World Factbook

Tourism; Sugar Processing; Ferronickel and Gold Mining; Textiles

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $256,393,573,500 (2022)
GDP Growth Rate (annual %) 4.858% (2022)
GDP Per Capita, PPP (current international) $22,834 (2022)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 65/197 (2022)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 8.811% (2022)
External debt stocks, total (DOD, current US$) $43,711,557,718 (2021)
Total tax rate (% of commercial profits) 48.8% (2019)
Real Interest Rate (5 year average %) 1.026% (2022)
Manufacturing, value added (% of GDP) 14.915% (2022)
Current Account Balance (BoP, current US$) ($6,326,800,000) (2022)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 5,277,616 (2022)
Employment in Agriculture (% of total employment) 8.268% (2021)
Employment in Industry (% of total employment) 20.334% (2021)
Employment in Services (% of total employment) 71.398% (2021)
Unemployment Rate 7.121% (2022)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $38,933,643,979 (2022)
Exports of goods and services (current US$) $25,072,497,925 (2022)
Total Merchandise Trade (% of GDP) 39% (2022)
FDI, net inflows (BoP, current US$) $3,961,600,000 (2022)
Commercial Service Exports (current US$) $11,010,200,000 (2022)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank