Dominican Republic Annual Inflation Rate
Dominican Republic's annual inflation rate fell to 3.3% in 2024, down from 4.79% in 2023, according to World Bank. This represents a decrease of 1.49% from the previous year. Dominican Republic has annual inflation rate higher than the global median (3.30% vs median 3.16%). Compared with the median in Americas, Dominican Republic is higher (3.30% vs regional median 3.29%) and ranks 17th out of 35 countries in Americas.
Yearly Historical Data (1960-2024)
(in %)Dominican Republic Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Dominican Republic.