Gross Fixed Capital Formation — Value US$, 2015 prices in Dominican Republic
Dominican Republic: Gross Fixed Capital Formation — Value US$, 2015 prices was 26,625 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Dominican Republic, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices in Dominican Republic stood at 26,625 million USD. That is the highest value across all 55 years on record.
That represents a change of up 2.9% on the previous year and up 91.2% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Dominican Republic peaked at 26,625 million USD in 2024 and was at its lowest, 1,274 million USD, in 1970.
Dominican Republic ranks 59th of 203 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices in Dominican Republic, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 1,274 million USD | — |
| 1971 | 1,707 million USD | +34.0% |
| 1972 | 2,028 million USD | +18.8% |
| 1973 | 2,405 million USD | +18.6% |
| 1974 | 2,640 million USD | +9.8% |
| 1975 | 2,963 million USD | +12.2% |
| 1976 | 2,728 million USD | -7.9% |
| 1977 | 2,995 million USD | +9.8% |
| 1978 | 2,979 million USD | -0.5% |
| 1979 | 3,387 million USD | +13.7% |
| 1980 | 3,606 million USD | +6.5% |
| 1981 | 3,300 million USD | -8.5% |
| 1982 | 2,574 million USD | -22.0% |
| 1983 | 2,900 million USD | +12.6% |
| 1984 | 3,153 million USD | +8.7% |
| 1985 | 2,961 million USD | -6.1% |
| 1986 | 3,064 million USD | +3.5% |
| 1987 | 3,853 million USD | +25.7% |
| 1988 | 4,317 million USD | +12.0% |
| 1989 | 4,803 million USD | +11.3% |
| 1990 | 3,969 million USD | -17.4% |
| 1991 | 3,470 million USD | -12.6% |
| 1992 | 4,174 million USD | +20.3% |
| 1993 | 4,732 million USD | +13.4% |
| 1994 | 5,370 million USD | +13.5% |
| 1995 | 5,516 million USD | +2.7% |
| 1996 | 6,144 million USD | +11.4% |
| 1997 | 7,317 million USD | +19.1% |
| 1998 | 9,990 million USD | +36.5% |
| 1999 | 9,088 million USD | -9.0% |
| 2000 | 10,310 million USD | +13.5% |
| 2001 | 9,896 million USD | -4.0% |
| 2002 | 10,395 million USD | +5.0% |
| 2003 | 8,295 million USD | -20.2% |
| 2004 | 8,145 million USD | -1.8% |
| 2005 | 9,230 million USD | +13.3% |
| 2006 | 11,198 million USD | +21.3% |
| 2007 | 12,597 million USD | +12.5% |
| 2008 | 13,392 million USD | +6.3% |
| 2009 | 11,437 million USD | -14.6% |
| 2010 | 13,413 million USD | +17.3% |
| 2011 | 13,113 million USD | -2.2% |
| 2012 | 13,053 million USD | -0.5% |
| 2013 | 12,732 million USD | -2.5% |
| 2014 | 13,922 million USD | +9.3% |
| 2015 | 16,550 million USD | +18.9% |
| 2016 | 18,588 million USD | +12.3% |
| 2017 | 18,540 million USD | -0.3% |
| 2018 | 21,012 million USD | +13.3% |
| 2019 | 22,719 million USD | +8.1% |
| 2020 | 19,978 million USD | -12.1% |
| 2021 | 24,388 million USD | +22.1% |
| 2022 | 25,368 million USD | +4.0% |
| 2023 | 25,881 million USD | +2.0% |
| 2024 | 26,625 million USD | +2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,511 million USD | 1,274 million USD | 3,387 million USD | 10 |
| 1980s | 3,453 million USD | 2,574 million USD | 4,803 million USD | 10 |
| 1990s | 5,977 million USD | 3,470 million USD | 9,990 million USD | 10 |
| 2000s | 10,489 million USD | 8,145 million USD | 13,392 million USD | 10 |
| 2010s | 16,364 million USD | 12,732 million USD | 22,719 million USD | 10 |
| 2020s | 24,448 million USD | 19,978 million USD | 26,625 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)
- GNI (current LCU), annual growth rate 5.66 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 58.22 current LCU per US$ of GDP (2025)
- GNI (current LCU), per capita 643,863 current LCU per person (2025)
- Net primary income (Net income from abroad) (current US$), annual -20.49 % change on previous year (2025)
- Net primary income (Net income from abroad) (current LCU), annual -25.38 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 0.6392 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0688 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 761 current US$ per person (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices in Dominican Republic?
- Gross fixed capital formation — value us$, 2015 prices in Dominican Republic was 26,625 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Dominican Republic?
- The highest recorded value was 26,625 million USD in 2024.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Dominican Republic?
- The lowest recorded value was 1,274 million USD in 1970.
- How does Dominican Republic rank for gross fixed capital formation — value us$, 2015 prices?
- Dominican Republic ranks 59th out of 203 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Dominican Republic?
- Over the last ten years it is up 91.2%. 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 Fixed Capital Formation — Value US$, 2015 prices. 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).