Annual gdp growth in Dominican Republic
Dominican Republic: Annual gdp growth was 2.36 in 2023. ◆ Volatile
Latest (2023)
2.36
Change on year
down 51.4%
World rank
125th
of 211 countries
All-time high
12.27
in 2021
All-time low
-6.72
in 2020
Years of data
24
2000–2023
Annual gdp growth in Dominican Republic, 2000–2023
Source: Our World in Data.
Analysis
Dominican Republic recorded 2.36 for annual gdp growth in 2023.
Compared with earlier readings it is down 51.4% on the previous year and down 51.6% over ten years.
Over the whole period, annual gdp growth in Dominican Republic peaked at 12.27 in 2021 and was at its lowest, -6.72, in 2020.
Dominican Republic ranks 125th of 211 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.3 | -1.35 | 9.43 | 10 |
| 2010s | 5.64 | 2.72 | 8.34 | 10 |
| 2020s | 3.19 | -6.72 | 12.27 | 4 |
Countries ranked near Dominican Republic
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)
- Taxes less subsidies on products (current US$), annual growth rate 0.6392 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0688 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 761 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 4.73 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 4.27 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 47,172 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0115 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 86.69 (2025)
Frequently asked questions
- What is annual gdp growth in Dominican Republic?
- Annual gdp growth in Dominican Republic was 2.36 in 2023, according to Our World in Data.
- What is the highest annual gdp growth recorded in Dominican Republic?
- The highest recorded value was 12.27 in 2021.
- What is the lowest annual gdp growth recorded in Dominican Republic?
- The lowest recorded value was -6.72 in 2020.
- How does Dominican Republic rank for annual gdp growth?
- Dominican Republic ranks 125th out of 211 countries with data for 2023.
- Is annual gdp growth rising or falling in Dominican Republic?
- Over the last ten years it is down 51.6%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from Our World in Data, published as part of Annual gdp growth. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).