Annual growth of the gross capital formation in Dominican Republic
Dominican Republic: Annual growth of the gross capital formation was 2.6% in 2024. ◆ Volatile
Annual growth of the gross capital formation in Dominican Republic, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for annual growth of the gross capital formation in Dominican Republic is 2.6%, measured in 2024.
The figure is up 87.6% on the previous year and down 71.7% over ten years.
Over the whole period, annual growth of the gross capital formation in Dominican Republic peaked at 29.6% in 2021 and was at its lowest, -25.7%, in 2003.
That places Dominican Republic 90th out of 167 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Dominican Republic, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 8.7% | — |
| 2001 | 2.4% | -72.0% |
| 2002 | 3.6% | +47.1% |
| 2003 | -25.7% | -815.9% |
| 2004 | 3.7% | -114.4% |
| 2005 | 22.7% | +515.7% |
| 2006 | 16.8% | -26.0% |
| 2007 | 14.0% | -16.8% |
| 2008 | 8.1% | -42.0% |
| 2009 | -18.5% | -328.2% |
| 2010 | 20.8% | -212.4% |
| 2011 | -5.5% | -126.5% |
| 2012 | -0.6% | -88.9% |
| 2013 | -1.6% | +162.3% |
| 2014 | 9.1% | -666.9% |
| 2015 | 18.5% | +104.2% |
| 2016 | 11.8% | -36.2% |
| 2017 | -2.0% | -117.3% |
| 2018 | 21.3% | -1138.5% |
| 2019 | 5.0% | -76.3% |
| 2020 | -9.1% | -280.0% |
| 2021 | 29.6% | -426.6% |
| 2022 | 6.7% | -77.3% |
| 2023 | 1.4% | -79.6% |
| 2024 | 2.6% | +87.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.6% | -25.7% | 22.7% | 10 |
| 2010s | 7.7% | -5.5% | 21.3% | 10 |
| 2020s | 6.2% | -9.1% | 29.6% | 5 |
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)
- Total reserves minus gold (current US$), annual growth rate 9.5 % change on previous year (2025)
- Total reserves minus gold (current US$), per unit of GDP 0.1154 current US$ per US$ of GDP (2025)
- Total reserves minus gold (current US$), per capita 1,276 current US$ per person (2025)
- General government final consumption expenditure (current US$) 3.93 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1167 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 1,290 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 8.15 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 7.23 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of the gross capital formation in Dominican Republic?
- Annual growth of the gross capital formation in Dominican Republic was 2.6% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of the gross capital formation recorded in Dominican Republic?
- The highest recorded value was 29.6% in 2021.
- What is the lowest annual growth of the gross capital formation recorded in Dominican Republic?
- The lowest recorded value was -25.7% in 2003.
- How does Dominican Republic rank for annual growth of the gross capital formation?
- Dominican Republic ranks 90th out of 167 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Dominican Republic?
- Over the last ten years it is down 71.7%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of the gross capital formation. Statizoid updates them automatically from the source API.
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About this data
Annual growth of the gross capital formation (%).