Gross Domestic Product — Value Standard Local Currency in Dominican Republic
Dominican Republic: Gross Domestic Product — Value Standard Local Currency was 7.46 million million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency in Dominican Republic, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
Dominican Republic recorded 7.46 million million SLC for gross domestic product — value standard local currency in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 9.4% on the previous year and up 155.1% over ten years.
Over the whole period, gross domestic product — value standard local currency in Dominican Republic peaked at 7.46 million million SLC in 2024 and was at its lowest, 1,859 million SLC, in 1970.
Dominican Republic ranks 66th of 218 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.
Gross Domestic Product — Value Standard Local Currency in Dominican Republic, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 1,859 million SLC | — |
| 1971 | 2,086 million SLC | +12.2% |
| 1972 | 2,487 million SLC | +19.3% |
| 1973 | 2,935 million SLC | +18.0% |
| 1974 | 3,662 million SLC | +24.8% |
| 1975 | 4,504 million SLC | +23.0% |
| 1976 | 4,945 million SLC | +9.8% |
| 1977 | 5,741 million SLC | +16.1% |
| 1978 | 5,925 million SLC | +3.2% |
| 1979 | 6,882 million SLC | +16.1% |
| 1980 | 8,298 million SLC | +20.6% |
| 1981 | 9,095 million SLC | +9.6% |
| 1982 | 9,968 million SLC | +9.6% |
| 1983 | 10,792 million SLC | +8.3% |
| 1984 | 12,960 million SLC | +20.1% |
| 1985 | 17,486 million SLC | +34.9% |
| 1986 | 19,749 million SLC | +12.9% |
| 1987 | 24,450 million SLC | +23.8% |
| 1988 | 35,484 million SLC | +45.1% |
| 1989 | 53,055 million SLC | +49.5% |
| 1990 | 81,182 million SLC | +53.0% |
| 1991 | 125,238 million SLC | +54.3% |
| 1992 | 146,179 million SLC | +16.7% |
| 1993 | 164,587 million SLC | +12.6% |
| 1994 | 185,525 million SLC | +12.7% |
| 1995 | 214,123 million SLC | +15.4% |
| 1996 | 235,250 million SLC | +9.9% |
| 1997 | 280,363 million SLC | +19.2% |
| 1998 | 318,649 million SLC | +13.7% |
| 1999 | 350,520 million SLC | +10.0% |
| 2000 | 393,303 million SLC | +12.2% |
| 2001 | 427,319 million SLC | +8.6% |
| 2002 | 477,430 million SLC | +11.7% |
| 2003 | 628,611 million SLC | +31.7% |
| 2004 | 935,985 million SLC | +48.9% |
| 2005 | 1.08 million million SLC | +15.8% |
| 2006 | 1.26 million million SLC | +16.4% |
| 2007 | 1.46 million million SLC | +15.6% |
| 2008 | 1.66 million million SLC | +13.9% |
| 2009 | 1.74 million million SLC | +4.5% |
| 2010 | 1.98 million million SLC | +14.2% |
| 2011 | 2.21 million million SLC | +11.4% |
| 2012 | 2.39 million million SLC | +8.0% |
| 2013 | 2.62 million million SLC | +9.8% |
| 2014 | 2.93 million million SLC | +11.7% |
| 2015 | 3.21 million million SLC | +9.6% |
| 2016 | 3.49 million million SLC | +8.8% |
| 2017 | 3.80 million million SLC | +9.0% |
| 2018 | 4.24 million million SLC | +11.4% |
| 2019 | 4.56 million million SLC | +7.7% |
| 2020 | 4.46 million million SLC | -2.3% |
| 2021 | 5.39 million million SLC | +21.0% |
| 2022 | 6.26 million million SLC | +16.1% |
| 2023 | 6.82 million million SLC | +8.9% |
| 2024 | 7.46 million million SLC | +9.4% |
Dominican Republic compared with similar countries
- Dominican Republic's 7.46 million million SLC is above the median for upper middle income countries, which is 913,929 million SLC, 8.2× the median. (54 countries reporting)
- Dominican Republic's 7.46 million million SLC is above the median for Latin America & Caribbean, which is 147,748 million SLC, 50.5× the median. (38 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency 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 |
|---|---|---|---|
| 1991 | +54.3% | 81,182 million SLC | 125,238 million SLC |
| 1990 | +53.0% | 53,055 million SLC | 81,182 million SLC |
| 1989 | +49.5% | 35,484 million SLC | 53,055 million SLC |
| 2004 | +48.9% | 628,611 million SLC | 935,985 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4,103 million SLC | 1,859 million SLC | 6,882 million SLC | 10 |
| 1980s | 20,134 million SLC | 8,298 million SLC | 53,055 million SLC | 10 |
| 1990s | 210,162 million SLC | 81,182 million SLC | 350,520 million SLC | 10 |
| 2000s | 1.01 million million SLC | 393,303 million SLC | 1.74 million million SLC | 10 |
| 2010s | 3.14 million million SLC | 1.98 million million SLC | 4.56 million million SLC | 10 |
| 2020s | 6.08 million million SLC | 4.46 million million SLC | 7.46 million million SLC | 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)
- 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 — value standard local currency in Dominican Republic?
- Gross domestic product — value standard local currency in Dominican Republic was 7.46 million million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency recorded in Dominican Republic?
- The highest recorded value was 7.46 million million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Dominican Republic?
- The lowest recorded value was 1,859 million SLC in 1970.
- How does Dominican Republic rank for gross domestic product — value standard local currency?
- Dominican Republic ranks 66th out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Dominican Republic?
- Over the last ten years it is up 155.1%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).