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Dominican Republic Poverty Rate

Dominican Republic's poverty rate rose to 1.3% in 2023, up from 1% in 2022, according to World Bank. This represents an increase of 0.3% from the previous year. Dominican Republic has poverty rate lower than the global median (1.30% vs median 1.90%). Compared with the median in Americas, Dominican Republic is lower (1.30% vs regional median 2.25%) and ranks 15th out of 22 countries in Americas.

Dominican Republic's annual unemployment rate fell to 5.47% in 2024, down from 5.56% in 2023.

Yearly Historical Data (1986-2023)

(in %)
Year Poverty Rate (%)
2023 1.3%
2022 1%
2021 1.3%
2020 1.3%
2019 1%
2018 1.1%
2017 1.5%
2016 3%
2015 3.3%
2014 4.1%
2013 4.4%
2012 5.4%
2011 5.3%
2010 5.5%
2009 6.3%
2008 7.1%
2007 7.8%
2006 8.1%
2005 9.9%
2004 14.6%
2003 10.7%
2002 9%
2001 6.6%
2000 8.3%
1997 8.1%
1996 8%
1992 10%
1989 21%
1986 8.7%
Dominican Republic Poverty Rate : Definition
Poverty Rate measures the percentage of people in Dominican Republic living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).