Gross Domestic Product — Value US$ in Dominican Republic
Dominican Republic: Gross Domestic Product — Value US$ was 125,302 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$ in Dominican Republic, 1970–2024
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
| 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
| Decade | Average | Lowest | Highest | 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
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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.83 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 57.72 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 638,350 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 2.16 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.7699 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 8,515 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 2.16 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 38.47 constant LCU per US$ of GDP (2025)
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.
Download this data
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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).