Gross fixed capital formation, private sector in Dominican Republic
Dominican Republic: Gross fixed capital formation, private sector was 1.74 trillion current LCU in 2023. ◆ Volatile
Gross fixed capital formation, private sector in Dominican Republic, 2007–2023
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Dominican Republic recorded 1.74 trillion current LCU for gross fixed capital formation, private sector in 2023. That is the highest value across all 17 years on record.
The figure is up 2.4% on the previous year and up 261.1% over ten years.
Over the whole period, gross fixed capital formation, private sector in Dominican Republic peaked at 1.74 trillion current LCU in 2023 and was at its lowest, 338.64 billion current LCU, in 2007.
Dominican Republic ranks 28th of 105 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 fixed capital formation, private sector in Dominican Republic, year by year
| Year | current LCU | Change |
|---|---|---|
| 2007 | 338.64 billion current LCU | — |
| 2008 | 386.05 billion current LCU | +14.0% |
| 2009 | 346.53 billion current LCU | -10.2% |
| 2010 | 425.28 billion current LCU | +22.7% |
| 2011 | 476.76 billion current LCU | +12.1% |
| 2012 | 432.31 billion current LCU | -9.3% |
| 2013 | 480.49 billion current LCU | +11.1% |
| 2014 | 560.24 billion current LCU | +16.6% |
| 2015 | 612.21 billion current LCU | +9.3% |
| 2016 | 687.47 billion current LCU | +12.3% |
| 2017 | 685.13 billion current LCU | -0.3% |
| 2018 | 927.59 billion current LCU | +35.4% |
| 2019 | 1.02 trillion current LCU | +10.4% |
| 2020 | 953.59 billion current LCU | -6.9% |
| 2021 | 1.41 trillion current LCU | +48.2% |
| 2022 | 1.69 trillion current LCU | +19.9% |
| 2023 | 1.74 trillion current LCU | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 357.07 billion current LCU | 338.64 billion current LCU | 386.05 billion current LCU | 3 |
| 2010s | 631.16 billion current LCU | 425.28 billion current LCU | 1.02 trillion current LCU | 10 |
| 2020s | 1.45 trillion current LCU | 953.59 billion current LCU | 1.74 trillion current LCU | 4 |
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 domestic savings (current US$), annual growth rate 1.22 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP 0.2049 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita 2,266 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate 5.34 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP 12.7 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita 140,455 current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 3.87 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9601 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector in Dominican Republic?
- Gross fixed capital formation, private sector in Dominican Republic was 1.74 trillion current LCU in 2023, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation, private sector recorded in Dominican Republic?
- The highest recorded value was 1.74 trillion current LCU in 2023.
- What is the lowest gross fixed capital formation, private sector recorded in Dominican Republic?
- The lowest recorded value was 338.64 billion current LCU in 2007.
- How does Dominican Republic rank for gross fixed capital formation, private sector?
- Dominican Republic ranks 28th out of 105 countries with data for 2023.
- Is gross fixed capital formation, private sector rising or falling in Dominican Republic?
- Over the last ten years it is up 261.1%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross fixed capital formation, private sector (current LCU). Statizoid updates them automatically from the source API.
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About this data
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.