Annual GDP growth (%) in Dominican Republic
Dominican Republic: Annual GDP growth (%) was 5.0% in 2024. ◆ Volatile
Annual GDP growth in Dominican Republic, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual gdp growth in Dominican Republic stood at 5.0%.
Compared with earlier readings it is up 126.0% on the previous year and down 30.3% over ten years.
Over the whole period, annual gdp growth in Dominican Republic peaked at 14.0% in 2021 and was at its lowest, -7.9%, in 2020.
Dominican Republic ranks 51st of 230 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth (%) in Dominican Republic, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 4.7% | — |
| 2001 | 2.5% | -46.9% |
| 2002 | 4.5% | +81.7% |
| 2003 | -1.3% | -130.1% |
| 2004 | 2.6% | -291.6% |
| 2005 | 9.4% | +264.8% |
| 2006 | 9.2% | -2.8% |
| 2007 | 7.4% | -19.1% |
| 2008 | 3.3% | -55.9% |
| 2009 | 1.0% | -69.3% |
| 2010 | 8.4% | +737.2% |
| 2011 | 3.2% | -62.0% |
| 2012 | 2.8% | -13.0% |
| 2013 | 4.9% | +77.8% |
| 2014 | 7.1% | +44.1% |
| 2015 | 7.0% | -1.7% |
| 2016 | 6.7% | -3.8% |
| 2017 | 3.9% | -41.5% |
| 2018 | 7.1% | +80.4% |
| 2019 | 4.9% | -31.0% |
| 2020 | -7.9% | -262.0% |
| 2021 | 14.0% | -276.7% |
| 2022 | 5.2% | -62.6% |
| 2023 | 2.2% | -58.1% |
| 2024 | 5.0% | +126.0% |
Dominican Republic compared with similar countries
- Dominican Republic's 5.0% is above the median for upper middle income countries, which is 3.5%, 1.4× the median. (56 countries reporting)
- Dominican Republic's 5.0% is above the median for Latin America & Caribbean, which is 3.3%, 1.5× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth (%) in Dominican Republic changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +737.2% | 1.0% | 8.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.3% | -1.3% | 9.4% | 10 |
| 2010s | 5.6% | 2.8% | 8.4% | 10 |
| 2020s | 3.7% | -7.9% | 14.0% | 5 |
Countries ranked near Dominican Republic
- 48 Kazakhstan 5.0% compare
- 49 Mali 5.0% compare
- 50 China 5.0% compare
- 52 Mauritius 4.9% compare
- 53 Saint Martin (French Part) 4.9% compare
- 54 Burkina Faso 4.8% compare
More economy & growth data for Dominican Republic
- Real gdp growth, annual growth rate -57.27 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.27 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.04 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -10.75 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0003 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 3.44 units per person (2025)
- SDRs holdings, SDR, annual growth rate -15.01 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0002 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 2.51 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.54 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Dominican Republic?
- Annual gdp growth in Dominican Republic was 5.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Dominican Republic?
- The highest recorded value was 14.0% in 2021.
- What is the lowest annual gdp growth recorded in Dominican Republic?
- The lowest recorded value was -7.9% in 2020.
- How does Dominican Republic rank for annual gdp growth?
- Dominican Republic ranks 51st out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Dominican Republic?
- Over the last ten years it is down 30.3%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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