Gross National Income — Value Standard Local Currency, annual growth in Dominican Republic
Dominican Republic: Gross National Income — Value Standard Local Currency, annual growth was 8.34 % change on previous year in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency, annual growth in Dominican Republic, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, gross national income — value standard local currency, annual growth in Dominican Republic stood at 8.34 % change on previous year.
Compared with earlier readings it is down 51.7% on the previous year and down 6.2% over ten years.
Over the whole period, gross national income — value standard local currency, annual growth in Dominican Republic peaked at 55.31 % change on previous year in 1989 and was at its lowest, -2.6 % change on previous year, in 2020.
Dominican Republic ranks 120th of 231 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 National Income — Value Standard Local Currency, annual growth in Dominican Republic, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 12.2 % change on previous year | — |
| 1972 | 18.49 % change on previous year | +51.5% |
| 1973 | 16.88 % change on previous year | -8.7% |
| 1974 | 25.04 % change on previous year | +48.3% |
| 1975 | 22.94 % change on previous year | -8.4% |
| 1976 | 9.79 % change on previous year | -57.3% |
| 1977 | 16.62 % change on previous year | +69.7% |
| 1978 | 3.02 % change on previous year | -81.8% |
| 1979 | 15.49 % change on previous year | +412.2% |
| 1980 | 20.86 % change on previous year | +34.7% |
| 1981 | 8.9 % change on previous year | -57.4% |
| 1982 | 10.29 % change on previous year | +15.7% |
| 1983 | 8 % change on previous year | -22.3% |
| 1984 | 16.37 % change on previous year | +104.7% |
| 1985 | 36.92 % change on previous year | +125.6% |
| 1986 | 10.85 % change on previous year | -70.6% |
| 1987 | 22.15 % change on previous year | +104.1% |
| 1988 | 47.26 % change on previous year | +113.3% |
| 1989 | 55.31 % change on previous year | +17.0% |
| 1990 | 54.7 % change on previous year | -1.1% |
| 1991 | 53.19 % change on previous year | -2.8% |
| 1992 | 18.5 % change on previous year | -65.2% |
| 1993 | 12.31 % change on previous year | -33.5% |
| 1994 | 12.13 % change on previous year | -1.5% |
| 1995 | 16.92 % change on previous year | +39.5% |
| 1996 | 12.67 % change on previous year | -25.1% |
| 1997 | 19.18 % change on previous year | +51.4% |
| 1998 | 13.5 % change on previous year | -29.6% |
| 1999 | 9.66 % change on previous year | -28.4% |
| 2000 | 12.35 % change on previous year | +27.8% |
| 2001 | 8.67 % change on previous year | -29.8% |
| 2002 | 11.79 % change on previous year | +36.0% |
| 2003 | 28.6 % change on previous year | +142.6% |
| 2004 | 46.42 % change on previous year | +62.3% |
| 2005 | 19.18 % change on previous year | -58.7% |
| 2006 | 16.93 % change on previous year | -11.7% |
| 2007 | 15.49 % change on previous year | -8.5% |
| 2008 | 15.53 % change on previous year | +0.3% |
| 2009 | 4.55 % change on previous year | -70.7% |
| 2010 | 14.22 % change on previous year | +212.6% |
| 2011 | 11.09 % change on previous year | -22.0% |
| 2012 | 7.88 % change on previous year | -29.0% |
| 2013 | 8.9 % change on previous year | +12.9% |
| 2014 | 11.57 % change on previous year | +30.1% |
| 2015 | 10.39 % change on previous year | -10.2% |
| 2016 | 8.59 % change on previous year | -17.3% |
| 2017 | 8.54 % change on previous year | -0.7% |
| 2018 | 11.89 % change on previous year | +39.3% |
| 2019 | 7.41 % change on previous year | -37.7% |
| 2020 | -2.6 % change on previous year | -135.0% |
| 2021 | 20.82 % change on previous year | -901.5% |
| 2022 | 17.28 % change on previous year | -17.0% |
| 2023 | 8.34 % change on previous year | -51.7% |
Biggest year-on-year movements
Years where Gross National Income — Value Standard Local Currency, annual growth 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 |
|---|---|---|---|
| 2021 | +901.5% | -2.6 % change on previous year | 20.82 % change on previous year |
| 1979 | +412.2% | 3.02 % change on previous year | 15.49 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.61 % change on previous year | 3.02 % change on previous year | 25.04 % change on previous year | 9 |
| 1980s | 23.69 % change on previous year | 8 % change on previous year | 55.31 % change on previous year | 10 |
| 1990s | 22.28 % change on previous year | 9.66 % change on previous year | 54.7 % change on previous year | 10 |
| 2000s | 17.95 % change on previous year | 4.55 % change on previous year | 46.42 % change on previous year | 10 |
| 2010s | 10.05 % change on previous year | 7.41 % change on previous year | 14.22 % change on previous year | 10 |
| 2020s | 10.96 % change on previous year | -2.6 % change on previous year | 20.82 % change on previous year | 4 |
Countries ranked near Dominican Republic
- 117 China, Hong Kong SAR 8.5 % change on previous year compare
- 118 USSR 8.42 % change on previous year compare
- 119 Tunisia 8.36 % change on previous year compare
- 121 Cambodia 8.33 % change on previous year compare
- 122 Cote d'Ivoire 8.32 % change on previous year compare
- 122 Côte d'Ivoire 8.32 % change on previous year compare
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 national income — value standard local currency, annual growth in Dominican Republic?
- Gross national income — value standard local currency, annual growth in Dominican Republic was 8.34 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value standard local currency, annual growth recorded in Dominican Republic?
- The highest recorded value was 55.31 % change on previous year in 1989.
- What is the lowest gross national income — value standard local currency, annual growth recorded in Dominican Republic?
- The lowest recorded value was -2.6 % change on previous year in 2020.
- How does Dominican Republic rank for gross national income — value standard local currency, annual growth?
- Dominican Republic ranks 120th out of 231 countries with data for 2023.
- Is gross national income — value standard local currency, annual growth rising or falling in Dominican Republic?
- Over the last ten years it is down 6.2%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from Statizoid (derived), published as part of Gross National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value Standard Local Currency Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.