Gross domestic product (GDP) in Dominican Republic
Dominican Republic: Gross domestic product (GDP) was 261.55 billion international-$ in 2021 prices in 2023. ◆ Volatile
Latest (2023)
261.55 billion international-$ in 2021 prices
Change on year
up 2.5%
World rank
66th
of 184 countries
All-time high
261.55 billion international-$ in 2021 prices
in 2023
All-time low
6.66 billion international-$ in 2021 prices
in 1951
Years of data
73
1951–2023
Gross domestic product (GDP) in Dominican Republic, 1951–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
In 2023, gross domestic product (gdp) in Dominican Republic stood at 261.55 billion international-$ in 2021 prices. That is the highest value across all 73 years on record.
The figure is up 2.5% on the previous year and up 78.7% over ten years.
Over the whole period, gross domestic product (gdp) in Dominican Republic peaked at 261.55 billion international-$ in 2021 prices in 2023 and was at its lowest, 6.66 billion international-$ in 2021 prices, in 1951.
That places Dominican Republic 66th out of 184 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic product (GDP) in Dominican Republic, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1951 | 6.66 billion international-$ in 2021 prices | — |
| 1952 | 6.97 billion international-$ in 2021 prices | +4.7% |
| 1953 | 7.01 billion international-$ in 2021 prices | +0.6% |
| 1954 | 7.70 billion international-$ in 2021 prices | +9.8% |
| 1955 | 7.76 billion international-$ in 2021 prices | +0.8% |
| 1956 | 8.36 billion international-$ in 2021 prices | +7.7% |
| 1957 | 8.96 billion international-$ in 2021 prices | +7.2% |
| 1958 | 8.81 billion international-$ in 2021 prices | -1.7% |
| 1959 | 9.86 billion international-$ in 2021 prices | +11.9% |
| 1960 | 11.72 billion international-$ in 2021 prices | +18.9% |
| 1961 | 11.51 billion international-$ in 2021 prices | -1.8% |
| 1962 | 12.71 billion international-$ in 2021 prices | +10.5% |
| 1963 | 12.36 billion international-$ in 2021 prices | -2.8% |
| 1964 | 12.78 billion international-$ in 2021 prices | +3.4% |
| 1965 | 11.95 billion international-$ in 2021 prices | -6.5% |
| 1966 | 12.31 billion international-$ in 2021 prices | +3.0% |
| 1967 | 12.71 billion international-$ in 2021 prices | +3.3% |
| 1968 | 12.47 billion international-$ in 2021 prices | -1.9% |
| 1969 | 13.49 billion international-$ in 2021 prices | +8.2% |
| 1970 | 15.50 billion international-$ in 2021 prices | +14.9% |
| 1971 | 16.76 billion international-$ in 2021 prices | +8.1% |
| 1972 | 20.12 billion international-$ in 2021 prices | +20.0% |
| 1973 | 22.10 billion international-$ in 2021 prices | +9.8% |
| 1974 | 22.04 billion international-$ in 2021 prices | -0.3% |
| 1975 | 23.07 billion international-$ in 2021 prices | +4.7% |
| 1976 | 26.22 billion international-$ in 2021 prices | +13.7% |
| 1977 | 26.01 billion international-$ in 2021 prices | -0.8% |
| 1978 | 26.19 billion international-$ in 2021 prices | +0.7% |
| 1979 | 27.19 billion international-$ in 2021 prices | +3.8% |
| 1980 | 26.50 billion international-$ in 2021 prices | -2.5% |
| 1981 | 30.17 billion international-$ in 2021 prices | +13.8% |
| 1982 | 30.75 billion international-$ in 2021 prices | +1.9% |
| 1983 | 32.33 billion international-$ in 2021 prices | +5.2% |
| 1984 | 35.95 billion international-$ in 2021 prices | +11.2% |
| 1985 | 36.82 billion international-$ in 2021 prices | +2.4% |
| 1986 | 39.14 billion international-$ in 2021 prices | +6.3% |
| 1987 | 43.72 billion international-$ in 2021 prices | +11.7% |
| 1988 | 46.39 billion international-$ in 2021 prices | +6.1% |
| 1989 | 43.47 billion international-$ in 2021 prices | -6.3% |
| 1990 | 40.33 billion international-$ in 2021 prices | -7.2% |
| 1991 | 41.05 billion international-$ in 2021 prices | +1.8% |
| 1992 | 47.89 billion international-$ in 2021 prices | +16.7% |
| 1993 | 52.49 billion international-$ in 2021 prices | +9.6% |
| 1994 | 54.95 billion international-$ in 2021 prices | +4.7% |
| 1995 | 56.21 billion international-$ in 2021 prices | +2.3% |
| 1996 | 58.54 billion international-$ in 2021 prices | +4.2% |
| 1997 | 64.87 billion international-$ in 2021 prices | +10.8% |
| 1998 | 72.75 billion international-$ in 2021 prices | +12.1% |
| 1999 | 77.76 billion international-$ in 2021 prices | +6.9% |
| 2000 | 78.64 billion international-$ in 2021 prices | +1.1% |
| 2001 | 86.84 billion international-$ in 2021 prices | +10.4% |
| 2002 | 87.33 billion international-$ in 2021 prices | +0.6% |
| 2003 | 81.28 billion international-$ in 2021 prices | -6.9% |
| 2004 | 84.49 billion international-$ in 2021 prices | +3.9% |
| 2005 | 95.00 billion international-$ in 2021 prices | +12.4% |
| 2006 | 107.19 billion international-$ in 2021 prices | +12.8% |
| 2007 | 118.02 billion international-$ in 2021 prices | +10.1% |
| 2008 | 121.09 billion international-$ in 2021 prices | +2.6% |
| 2009 | 128.95 billion international-$ in 2021 prices | +6.5% |
| 2010 | 140.53 billion international-$ in 2021 prices | +9.0% |
| 2011 | 144.05 billion international-$ in 2021 prices | +2.5% |
| 2012 | 145.99 billion international-$ in 2021 prices | +1.3% |
| 2013 | 146.39 billion international-$ in 2021 prices | +0.3% |
| 2014 | 156.03 billion international-$ in 2021 prices | +6.6% |
| 2015 | 170.76 billion international-$ in 2021 prices | +9.4% |
| 2016 | 184.89 billion international-$ in 2021 prices | +8.3% |
| 2017 | 190.98 billion international-$ in 2021 prices | +3.3% |
| 2018 | 203.85 billion international-$ in 2021 prices | +6.7% |
| 2019 | 225.28 billion international-$ in 2021 prices | +10.5% |
| 2020 | 216.03 billion international-$ in 2021 prices | -4.1% |
| 2021 | 244.76 billion international-$ in 2021 prices | +13.3% |
| 2022 | 255.12 billion international-$ in 2021 prices | +4.2% |
| 2023 | 261.55 billion international-$ in 2021 prices | +2.5% |
Dominican Republic compared with similar countries
- Dominican Republic's 261.55 billion international-$ in 2021 prices is above the median for upper middle income countries, which is 148.60 billion international-$ in 2021 prices, 1.8× the median. (51 countries reporting)
- Dominican Republic's 261.55 billion international-$ in 2021 prices is above the median for Latin America & Caribbean, which is 42.33 billion international-$ in 2021 prices, 6.2× the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1950s | 8.01 billion international-$ in 2021 prices | 6.66 billion international-$ in 2021 prices | 9.86 billion international-$ in 2021 prices | 9 |
| 1960s | 12.40 billion international-$ in 2021 prices | 11.51 billion international-$ in 2021 prices | 13.49 billion international-$ in 2021 prices | 10 |
| 1970s | 22.52 billion international-$ in 2021 prices | 15.50 billion international-$ in 2021 prices | 27.19 billion international-$ in 2021 prices | 10 |
| 1980s | 36.52 billion international-$ in 2021 prices | 26.50 billion international-$ in 2021 prices | 46.39 billion international-$ in 2021 prices | 10 |
| 1990s | 56.68 billion international-$ in 2021 prices | 40.33 billion international-$ in 2021 prices | 77.76 billion international-$ in 2021 prices | 10 |
| 2000s | 98.88 billion international-$ in 2021 prices | 78.64 billion international-$ in 2021 prices | 128.95 billion international-$ in 2021 prices | 10 |
| 2010s | 170.88 billion international-$ in 2021 prices | 140.53 billion international-$ in 2021 prices | 225.28 billion international-$ in 2021 prices | 10 |
| 2020s | 244.37 billion international-$ in 2021 prices | 216.03 billion international-$ in 2021 prices | 261.55 billion international-$ in 2021 prices | 4 |
Countries ranked near Dominican Republic
- 63 Sri Lanka 292.66 billion international-$ in 2021 prices compare
- 64 Finland 289.58 billion international-$ in 2021 prices compare
- 65 Kuwait 266.11 billion international-$ in 2021 prices compare
- 67 Belarus 261.41 billion international-$ in 2021 prices compare
- 68 Ecuador 255.13 billion international-$ in 2021 prices compare
- 69 New Zealand 243.95 billion international-$ in 2021 prices 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -114.00 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -9.9 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.92 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 9.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0386 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 426.96 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 9.71 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Dominican Republic?
- Gross domestic product (gdp) in Dominican Republic was 261.55 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Dominican Republic?
- The highest recorded value was 261.55 billion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in Dominican Republic?
- The lowest recorded value was 6.66 billion international-$ in 2021 prices in 1951.
- How does Dominican Republic rank for gross domestic product (gdp)?
- Dominican Republic ranks 66th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Dominican Republic?
- Over the last ten years it is up 78.7%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 73 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.