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Dominican Republic GDP

Dominican Republic's GDP rose to $124.28 billion in 2024, up from $120.46 billion in 2023, according to World Bank. This represents an increase of 3.2% ($3.83 billion) from the previous year and accounts for 0.11% of the world's total GDP. Dominican Republic has GDP higher than the global median ($124.28 billion vs median $35.85 billion). Compared with the median in Americas, Dominican Republic is higher ($124.28 billion vs regional median $25.03 billion) and ranks 11th out of 44 countries in Americas.

Dominican Republic's GDP per capita rose to $9,168.29 in 2024, up from $8,809.96 in 2023.

Yearly Historical Data (1960-2024)

(in Billion USD)
Year GDP (Billion USD)
2024 124.28
2023 120.46
2022 113.48
2021 94.85
2020 78.55
2019 89.15
2018 84.99
2017 79.07
2016 75.55
2015 70.97
2014 67.01
2013 62.56
2012 60.56
2011 57.95
2010 53.8
2009 48.22
2008 48.09
2007 43.97
2006 37.88
2005 35.78
2004 22.32
2003 21.4
2002 27.14
2001 25.6
2000 24.31
1999 22.14
1998 21.67
1997 20.02
1996 18.24
1995 16.64
1994 14.64
1993 13.08
1992 11.61
1991 9.82
1990 7.07
1989 6.69
1988 5.37
1987 5.83
1986 6.12
1985 5.04
1984 11.59
1983 9.22
1982 8.27
1981 7.56
1980 6.76
1979 5.5
1978 4.73
1977 4.59
1976 3.95
1975 3.6
1974 2.93
1973 2.34
1972 1.99
1971 1.67
1970 1.49
1969 1.23
1968 1.08
1967 1.03
1966 0.98
1965 0.89
1964 1.03
1963 0.94
1962 0.82
1961 0.65
1960 0.67
Dominican Republic GDP : Definition
GDP measures the total value of all goods and services produced in Dominican Republic, measured in current US dollars. It is also called Nominal GDP.
Indicator Last Value Prior Value Period
GDP Annual Growth Rate 4.95% 2.19% 2024
GDP per Capita $9,168.29 $8,809.96 2024
GDP per Capita PPP $24,229.47 $23,282.49 2024
Real GDP $104.77B $99.83B 2024