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Trading Basics

Dominican Republic

Capital
Santo Domingo
Region
Latin America & Caribbean
Income group
Upper middle income
Population
11.5 million (2025)

At a glance

  • Prices in the Dominican Republic rose 3.9% in 2025, faster than in most countries.
  • The Dominican Republic's economy grew 2.1% in 2025, slower than most economies.
  • Output per person in the Dominican Republic was US$11,059 in 2025, close to the middle of the range worldwide.
  • 5.1% of the Dominican Republic's labour force had no job in 2025, close to the middle of the range worldwide.
  • The Dominican Republic had 11.5 million people in 2025: about 0.1% of everyone on Earth, the 84th largest population of 217 countries and territories.
  • The Dominican Republic had a current account deficit of 1.4% of GDP in 2025, close to the middle of the range worldwide.

Consumer prices, change over the year (yearly average)

3.9%
World median 3.0%

Since 2000

Show the numbers
Inflation in Dominican Republic and the world median, last ten years
YearDominican RepublicWorld median
20253.9%3.0%
20243.3%3.0%
20234.8%5.7%
20228.8%8.0%
20218.2%3.5%
20203.8%1.9%
20191.8%2.2%
20183.6%2.5%
20173.3%2.3%
20161.6%1.6%

Real GDP, change over the year

2.1%
World median 3.4%

Since 2000

Show the numbers
Economic growth in Dominican Republic and the world median, last ten years
YearDominican RepublicWorld median
20252.1%3.4%
20245.0%3.4%
20232.2%3.2%
20225.2%4.3%
202114.0%5.1%
2020−7.9%−3.8%
20194.9%2.8%
20187.1%3.2%
20173.9%3.3%
20166.7%3.1%

GDP divided by population, in US dollars at current prices

US$11,059
World median US$7,882

Since 2000

Show the numbers
GDP per person in Dominican Republic and the world median, last ten years
YearDominican RepublicWorld median
2025US$11,059US$7,882
2024US$10,876US$7,853
2023US$10,630US$7,862
2022US$10,104US$7,656
2021US$8,527US$7,269
2020US$7,135US$6,433
2019US$8,183US$7,037
2018US$7,883US$6,978
2017US$7,413US$6,548
2016US$7,160US$5,982

Share of the labour force without a job (ILO modelled estimate)

5.1%
World median 5.1%

Since 2000

Show the numbers
Unemployment in Dominican Republic and the world median, last ten years
YearDominican RepublicWorld median
20255.1%5.1%
20245.3%5.1%
20235.6%5.2%
20225.5%5.3%
20217.7%6.0%
20206.1%6.4%
20196.4%5.4%
20185.9%5.4%
20175.8%5.6%
20167.3%5.9%

Everyone living in the country, mid-year

11.5 million

Since 2000

Show the numbers
Population in Dominican Republic and the world median, last ten years
YearDominican Republic
202511.5 million
202411.4 million
202311.3 million
202211.2 million
202111.1 million
202011.0 million
201910.9 million
201810.8 million
201710.7 million
201610.6 million

Current account balance, % of GDP

−1.4%
World median −0.8%

Since 2000

Show the numbers
Current account balance in Dominican Republic and the world median, last ten years
YearDominican RepublicWorld median
2025−1.4%−0.8%
2024−3.0%−1.3%
2023−3.7%−1.2%
2022−5.8%−3.0%
2021−2.8%−2.4%
2020−1.7%−1.7%
2019−1.3%−2.1%
2018−1.6%−2.9%
2017−0.2%−2.1%
2016−1.1%−2.8%

No recent World Bank figure for the Dominican Republic: government debt.

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show the Dominican Republic since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.