Gross Domestic Product — Value US$ in Dominican Republic

Dominican Republic: Gross Domestic Product — Value US$ was 125,302 million USD in 2024. ◆ Volatile

Latest (2024)
125,302 million USD
Change on year
up 3.2%
World rank
63rd
of 203 countries
All-time high
125,302 million USD
in 2024
All-time low
1,859 million USD
in 1970
Years of data
55
1970–2024

Gross Domestic Product — Value US$ in Dominican Republic, 1970–2024

025.0k50.0k75.0k100.0k125.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for gross domestic product — value us$ in Dominican Republic is 125,302 million USD, measured in 2024. That is the highest value across all 55 years on record.

Compared with earlier readings it is up 3.2% on the previous year and up 86.5% over ten years.

Over the whole period, gross domestic product — value us$ in Dominican Republic peaked at 125,302 million USD in 2024 and was at its lowest, 1,859 million USD, in 1970.

Dominican Republic ranks 63rd of 203 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 US$ in Dominican Republic, year by year

Annual values for Gross Domestic Product — Value US$ in Dominican Republic, 1970 to 2024.
Year million USD Change
1970 1,859 million USD
1971 2,086 million USD +12.2%
1972 2,487 million USD +19.3%
1973 2,935 million USD +18.0%
1974 3,662 million USD +24.8%
1975 4,504 million USD +23.0%
1976 4,945 million USD +9.8%
1977 5,741 million USD +16.1%
1978 5,925 million USD +3.2%
1979 6,882 million USD +16.1%
1980 8,298 million USD +20.6%
1981 9,095 million USD +9.6%
1982 9,968 million USD +9.6%
1983 10,792 million USD +8.3%
1984 12,960 million USD +20.1%
1985 5,618 million USD -56.7%
1986 6,800 million USD +21.0%
1987 6,359 million USD -6.5%
1988 5,805 million USD -8.7%
1989 8,368 million USD +44.2%
1990 9,522 million USD +13.8%
1991 9,959 million USD +4.6%
1992 11,694 million USD +17.4%
1993 13,167 million USD +12.6%
1994 14,705 million USD +11.7%
1995 16,637 million USD +13.1%
1996 18,242 million USD +9.6%
1997 20,017 million USD +9.7%
1998 21,672 million USD +8.3%
1999 22,137 million USD +2.1%
2000 24,306 million USD +9.8%
2001 25,602 million USD +5.3%
2002 27,137 million USD +6.0%
2003 21,403 million USD -21.1%
2004 22,322 million USD +4.3%
2005 35,778 million USD +60.3%
2006 37,880 million USD +5.9%
2007 43,966 million USD +16.1%
2008 48,123 million USD +9.5%
2009 48,261 million USD +0.3%
2010 53,860 million USD +11.6%
2011 58,030 million USD +7.7%
2012 60,682 million USD +4.6%
2013 62,682 million USD +3.3%
2014 67,180 million USD +7.2%
2015 71,165 million USD +5.9%
2016 75,705 million USD +6.4%
2017 79,998 million USD +5.7%
2018 85,555 million USD +6.9%
2019 88,941 million USD +4.0%
2020 78,845 million USD -11.4%
2021 94,243 million USD +19.5%
2022 113,537 million USD +20.5%
2023 121,444 million USD +7.0%
2024 125,302 million USD +3.2%

Averages by decade

DecadeAverage LowestHighest Years
1970s 4,103 million USD 1,859 million USD 6,882 million USD 10
1980s 8,406 million USD 5,618 million USD 12,960 million USD 10
1990s 15,775 million USD 9,522 million USD 22,137 million USD 10
2000s 33,478 million USD 21,403 million USD 48,261 million USD 10
2010s 70,380 million USD 53,860 million USD 88,941 million USD 10
2020s 106,674 million USD 78,845 million USD 125,302 million USD 5

Countries ranked near Dominican Republic

  1. 60 Ethiopia 142,709 million USD compare
  2. 61 Slovakia 140,729 million USD compare
  3. 62 Puerto Rico 125,339 million USD compare
  4. 64 Kenya 124,499 million USD compare
  5. 65 Ecuador 122,307 million USD compare
  6. 66 Guatemala 113,288 million USD compare

See the full ranking of 252 places →

More economy & growth data for Dominican Republic

All data for Dominican Republic →

Frequently asked questions

What is gross domestic product — value us$ in Dominican Republic?
Gross domestic product — value us$ in Dominican Republic was 125,302 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross domestic product — value us$ recorded in Dominican Republic?
The highest recorded value was 125,302 million USD in 2024.
What is the lowest gross domestic product — value us$ recorded in Dominican Republic?
The lowest recorded value was 1,859 million USD in 1970.
How does Dominican Republic rank for gross domestic product — value us$?
Dominican Republic ranks 63rd out of 203 countries with data for 2024.
Is gross domestic product — value us$ rising or falling in Dominican Republic?
Over the last ten years it is up 86.5%. 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 US$. Statizoid updates them automatically from the source API.

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Gross Domestic Product — Value US$ in Dominican Republic. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-domestic-product-value-us/dominican-republic/

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About this data

Indicator
Gross Domestic Product — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
252 places, 12,899 data points, 1970–2024
Last refreshed

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).