Economy of Dominican Republic. Statistics, Data and Indicators
Dominican Republic
| N/AN/A | Credit rank # |
| N/A | Quality of life # |
| 123 | Corruption rank#119 |
| 115 | Ease of doing business#96 |
Dominican Republic Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 114 USD Billion | 2022 |
| GDP Annual Growth Rate | 1.4 % | 1Q/23 |
| GDP Growth Rate | 1.43 % | 1Q/23 |
| GDP per capita | 8732 USD | 2022 |
| Inflation Rate YoY | 4.27 % | Aug/23 |
| Interest Rate | 7.5 % | Sep/23 |
| Unemployment Rate | 5.2 % | 1Q/23 |
| Balance of Trade | -989 USD Million | -0.989 B USD | Jun/23 |
| Current Account | -798 USD Million | -0.798 B USD | 1Q/23 |
| Foreign Exchange Reserves | 15834 USD Million | 15.834 B USD | Aug/23 |
| Government Debt | 72214 USD Million | 72.214 B USD | Jul/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 114 USD Billion | 2022 |
| GDP Annual Growth Rate | 1.4 % | 1Q/23 |
| GDP Growth Rate | 1.43 % | 1Q/23 |
| GDP per capita | 8732 USD | 2022 |
| GDP Constant Prices | 1590560 DOP Million | 28.034 B USD | 1Q/23 |
| GDP per capita PPP | 19338 USD | 2022 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 58.56 % | 2022 |
| Government Budget Value | -18141 DOP Million | -0.32 B USD | Aug/23 |
| Government Spending | 154525 DOP Million | 2.724 B USD | 1Q/23 |
| Government Debt | 72214 USD Million | 72.214 B USD | Jul/23 |
| Government Revenues | 99038 DOP Million | 1.746 B USD | Jul/23 |
| Fiscal Expenditure | 97565 DOP Million | 1.72 B USD | Aug/23 |
| Government Budget to GDP | -3.34 % | 2022 |
| Military Expenditure | 761 USD Million | 0.761 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 125 Index Points | Aug/23 |
| Food Inflation | 7.92 % | Aug/23 |
| GDP Deflator | 223 Index Points | 1Q/23 |
| Inflation Rate YoY | 4.27 % | Aug/23 |
| Inflation Rate Mom | 0.52 % | Aug/23 |
| Core Consumer Prices | 121 Index Points | Sep/23 |
| Core Inflation Rate | 4.68 % | Sep/23 |
| CPI Housing Utilities | 121 Index Points | Aug/23 |
| CPI Transportation | 132 Index Points | Aug/23 |
| Inflation Expectations | 4.24 % | Sep/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -5.8 % | 2022 |
| Balance of Trade | -989 USD Million | -0.989 B USD | Jun/23 |
| Capital Flows | -2986 USD Million | -2986000 B USD | 1Q/23 |
| Current Account | -798 USD Million | -0.798 B USD | 1Q/23 |
| Exports | 1090 USD Million | 1.09 B USD | Jun/23 |
| External Debt | 39399 USD Million | 39.399 B USD | Jul/23 |
| Foreign Exchange Reserves | 15834 USD Million | 15.834 B USD | Aug/23 |
| Imports | 2274 USD Million | 2.274 B USD | Jun/23 |
| Tourist Arrivals | 5544780 Persons | 5.545 Million Persons | Aug/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 0.57 Tonnes | 2Q/23 |
| Interest Rate | 7.5 % | Sep/23 |
| Money Supply M0 | 192417 USD Million | 192.417 B USD | Sep/23 |
| Money Supply M1 | 738776 USD Million | 738.776 B USD | Sep/23 |
| Money Supply M2 | 1825943 USD Million | 1825.943 B USD | Sep/23 |
| Money Supply M3 | 2453649 USD Million | 2453.649 B USD | Sep/23 |
| Deposit Interest Rate | 7.89 % | 2023 |
| Foreign Direct Investment | 927 USD Million | 0.927 B USD | 1Q/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Unemployment Rate | 5.2 % | 1Q/23 |
| Employment Rate | 60.4 % | 1Q/23 |
| Labor Force Participation Rate | 63.7 % | 1Q/23 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 27 % | 2023 |
| Personal Income Tax Rate | 25 % | 2023 |
| Sales Tax Rate | 18 % | 2023 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 54 Index Points | 2Q/23 |
| Corruption Index | 32 Index Points | 2022 |
| Corruption Rank | 123 place | 2022 |
| Ease of Doing Business | 115 place | 2019 |
| Competitiveness Index | 58.31 Index Points | 2019 |
| Competitiveness Rank | 78 | 2019 |
| Leading Economic Index | 2 % | Aug/23 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Spending | 1028898 DOP Million | 18.135 B USD | 1Q/23 |
