Annual GDP growth in Dominican Republic
Dominican Republic: Annual GDP growth was 5.0% in 2024. ◆ Volatile
Latest (2024)
5.0%
Change on year
up 126.0%
World rank
41st
of 196 countries
All-time high
14.0%
in 2021
All-time low
-7.9%
in 2020
Years of data
25
2000–2024
Annual GDP growth in Dominican Republic, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
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 41st of 196 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 | Value | 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% |
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
- 38 Kazakhstan 5.0% compare
- 39 Mali 5.0% compare
- 40 China 5.0% compare
- 42 Mauritius 4.9% compare
- 43 Saint Martin (French part) 4.9% compare
- 44 Burkina Faso 4.8% compare
More economy & growth data for Dominican Republic
- 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)
- Services, value added (constant LCU), per capita 284,670 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 4.47 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 2.66 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9312 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 10,298 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.83 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 57.72 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 638,350 current LCU per person (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 41st out of 196 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.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).