Dominican Republic Dominican Republic

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Dominican Republic, is a country located at Central America, it has an area of 48,670 Km2 and it may be considered quite a small country.

Dominican Republic, with a population of 11,117,873 people, it is ranked at 85º position by population of 196 countries and has a population density of 228 people per km2.

It's capital is Santo Domingo and its currency is Dominican pesos

Dominican Republic is holding the 66 position by nominal GDP. Its national debt in 2022 was 64,342 millions of euros (67,808 millions of dollars), ( 59.55% debt-to-GDP ratio) and its public debt per capita is €5,787 euros per inhabitant$6,099 dollars per inhabitant.

The last annual rate of CPI published in Dominican Republic was on April of 2024 and it was 3%.

In terms of the human development index (HDI) of Dominican Republic, which is the index used by the United Nations to measure the progress of a country, was 0.767 points in 2021, leaving it in 80th place in the table of 191 countries published.

If the reason to visit Dominican Republic are business, you must know it's in the 115th of the Doing Business ranking , which provides objective measures of business regulations for local firms.

In the tables at the bottom of the page, you can see more information about the economy and demography of Dominican Republic, if you want to see information about other countries click here

Santo Domingo: Monthly Temp.
Santo Domingo: Monthly Rainfall
Dominican Republic Economy
Gouvernement
Annual GDP [+]2022€108,051M
Annual GDP [+]2022$113,873M
GDP per capita [+]2022€9,719
GDP per capita [+]2022$10,242
Debt (M.€.) [+]202264,342
Debt ($M) [+]202267,808
Debt (%GDP) [+]202259.55%
Debt Per Capita [+]2022€5,787
Debt Per Capita [+]2022$6,099
Deficit (M.€) [+]2022-3,507
Deficit ($M) [+]2022-3,695
Deficit (%GDP) [+]2022-3.25%
Expenditure (M.€) [+]202220,001.0
Expenditure ($M) [+]202221,078.6
Education Expenditure (M.€) [+]20203,194.0
Education Expenditure ($M) [+]20203,645.2
Education Expenditure (%Bud.) [+]202118.01%
Gov. Health Exp. (M.€) [+]20172,001.8
Gov. Health Exp.($M) [+]20172,260.6
Gov. Health Exp. (%Bud.) [+]201715.60%
Defence Expenditure (M.€) [+]2022775.4
Defence Expenditure ($M) [+]2022817.2
Defence Expenditure (%Bud.) [+]20223.93%
Expenditure (%GDP) [+]202218.51%
Expenditure Per Capita [+]2022€1,799
Expenditure Per Capita [+]2022$1,896
Education Expenditure P.C [+]2020€290
Education Expenditure P.C [+]2020$331
Gov. Health Exp. P.C. [+]2017€176
Gov. Health Exp. P.C. [+]2017$199
Defence Expenditure P.C. [+]2022€70
Defence Expenditure P.C. [+]2022$74
Moody's Rating [+]08/10/2023Ba3
S&P Rating [+]12/19/2022BB
Fitch Rating [+]05/08/2020BB-
Corruption Index [+]202232
Competitiveness Ranking [+]201978º
Fragile States Index [+]201869.2
RTI Raking [+]2022123º
Innovation Ranking [+]201887º
Labour
Unemployment rate [+]2023Q45.1%
Unemployed [+]2023Q4269K
NMW [+]2013$170.9
NMW [+]2013€129.6
Human Capital Ranking [+]201793º
Markets
Euro / Dominican pesos [+]07/22/202357.2766
US Dollar exchange rate [+]07/22/202354.4403
Prices
CPI (overall index) [+]April 20243.0%
Money Market
Key rates [+]12/01/20237.00%
Business
Doing Business [+]2020115º
Passengers vehicles Year [+]December 201912,606
Annual Vehicles/ 1,000 p. [+]December 20192.11
Vehicles / 1,000 people [+]2015161.38
Taxes
Tax Revenue (%GDP) [+]202114.5%
Standard VAT [+]01/01/201318.00%
Top tax rate + SSC [+]202025.0%
Trade
Annual arrivals [+]20196,446,036
Exports [+]2023€11,962.7M
Exports [+]2023$12,935.3M
Exports % GDP [+]202212.11%
Imports [+]2023€26,547.3M
Imports [+]2023$28,705.6M
Imports % GDP [+]202227.02%
Trade balance [+]2023€-14,584.6M
Trade balance [+]2023$-15,770.3M
Trade balance % GDP [+]2022-14.91%
Socio-Demography
Global AgeWatch Ranking [+]201562º
Density [+]2021228
Global Peace Ranking [+]202383º
Remittance received ($M) [+]20176,190.5
% Immigrant [+]20205.49%
% Emigrant [+]202014.62%
Birth Rate [+]202118.43‰
Remittance sent ($M) [+]2017960.6
Crude death rate [+]20216.68‰
Fertility Rate [+]20212.27
% risk of poverty [+]202123.9%
Population [+]202111,117,873
Immigrant stock [+]2020603,794
Emigrant stock [+]20201,608,567
HDI [+]20210.767
Gender Gap Ranking [+]202381º
Life expectancy [+]202172.62
Suicides [+]2015720
Suicide rate [+]20157.22
Number of homicides [+]20221,389
Rate Homicides per 100.000 [+]202212.37
Energy and Environment
CO2 Tons per capita [+]20222.07
Consumption GWh [+]202219,087
Generation GWh [+]202221,535
Others
COVID-19 - Deaths [+]05/12/20244,384
COVID-19 - Confirmed [+]05/12/2024661,103
Fully vaccinated [+]12/28/20236,130,377
COVID-19 - Deaths per million population [+]05/12/2024394.32
Doses administered [+]12/28/202316,430,339