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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 %)
Year Annual Inflation Rate (%)
2024 3.3%
2023 4.79%
2022 8.81%
2021 8.24%
2020 3.78%
2019 1.81%
2018 3.56%
2017 3.28%
2016 1.61%
2015 0.84%
2014 3%
2013 4.83%
2012 3.69%
2011 5.8%
2010 6.33%
2009 1.44%
2008 10.64%
2007 6.14%
2006 7.57%
2005 4.19%
2004 51.46%
2003 27.45%
2002 5.22%
2001 8.88%
2000 7.72%
1999 6.47%
1998 4.83%
1997 8.3%
1996 5.4%
1995 12.54%
1994 8.26%
1993 5.25%
1992 4.26%
1991 47.08%
1990 50.46%
1989 40.66%
1988 43.86%
1987 13.55%
1986 7.64%
1985 45.34%
1984 20.15%
1983 5.63%
1982 7.65%
1981 7.51%
1980 16.75%
1979 9.17%
1978 3.48%
1977 12.85%
1976 7.77%
1975 14.5%
1974 13.14%
1973 15.08%
1972 8.64%
1971 3.58%
1970 3.82%
1969 0.96%
1968 0.04%
1967 1.24%
1966 0.26%
1965 -1.89%
1964 2.11%
1963 8.58%
1962 9.16%
1961 -3.9%
1960 -3.56%
Dominican Republic Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Dominican Republic.