Gross domestic product (GDP) in Dominican Republic
Dominican Republic: Gross domestic product (GDP) was 38.88 billion current GBP in 2014. ◆ Volatile
Latest (2014)
38.88 billion current GBP
Change on year
down 0.7%
World rank
74th
of 200 countries
All-time high
39.15 billion current GBP
in 2013
All-time low
86.80 million current GBP
in 1949
Years of data
66
1949–2014
Gross domestic product (GDP) in Dominican Republic, 1949–2014
Source: Fouquin and Hugot (2016) – processed by Our World in Data. Measured in current GBP.
Analysis
Dominican Republic recorded 38.88 billion current GBP for gross domestic product (gdp) in 2014.
The figure is down 0.7% on the previous year and up 223.0% over ten years.
Over the whole period, gross domestic product (gdp) in Dominican Republic peaked at 39.15 billion current GBP in 2013 and was at its lowest, 86.80 million current GBP, in 1949.
Dominican Republic ranks 74th of 200 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 (GDP) in Dominican Republic, year by year
| Year | current GBP | Change |
|---|---|---|
| 1949 | 86.80 million current GBP | — |
| 1950 | 136.71 million current GBP | +57.5% |
| 1951 | 162.46 million current GBP | +18.8% |
| 1952 | 179.04 million current GBP | +10.2% |
| 1953 | 182.04 million current GBP | +1.7% |
| 1954 | 191.79 million current GBP | +5.4% |
| 1955 | 198.25 million current GBP | +3.4% |
| 1956 | 225.11 million current GBP | +13.5% |
| 1957 | 251.64 million current GBP | +11.8% |
| 1958 | 264.79 million current GBP | +5.2% |
| 1959 | 245.75 million current GBP | -7.2% |
| 1960 | 240.14 million current GBP | -2.3% |
| 1961 | 233.61 million current GBP | -2.7% |
| 1962 | 294.32 million current GBP | +26.0% |
| 1963 | 336.00 million current GBP | +14.2% |
| 1964 | 366.29 million current GBP | +9.0% |
| 1965 | 317.18 million current GBP | -13.4% |
| 1966 | 351.39 million current GBP | +10.8% |
| 1967 | 374.70 million current GBP | +6.6% |
| 1968 | 449.62 million current GBP | +20.0% |
| 1969 | 512.71 million current GBP | +14.0% |
| 1970 | 618.92 million current GBP | +20.7% |
| 1971 | 684.76 million current GBP | +10.6% |
| 1972 | 795.70 million current GBP | +16.2% |
| 1973 | 957.04 million current GBP | +20.3% |
| 1974 | 1.25 billion current GBP | +30.8% |
| 1975 | 1.63 billion current GBP | +30.0% |
| 1976 | 2.20 billion current GBP | +35.2% |
| 1977 | 2.63 billion current GBP | +19.6% |
| 1978 | 2.49 billion current GBP | -5.3% |
| 1979 | 2.60 billion current GBP | +4.3% |
| 1980 | 2.85 billion current GBP | +9.9% |
| 1981 | 3.62 billion current GBP | +26.7% |
| 1982 | 4.56 billion current GBP | +26.1% |
| 1983 | 5.69 billion current GBP | +24.8% |
| 1984 | 7.77 billion current GBP | +36.5% |
| 1985 | 3.93 billion current GBP | -49.4% |
| 1986 | 4.18 billion current GBP | +6.2% |
| 1987 | 3.57 billion current GBP | -14.6% |
| 1988 | 3.02 billion current GBP | -15.3% |
| 1989 | 4.09 billion current GBP | +35.3% |
| 1990 | 3.98 billion current GBP | -2.5% |
| 1991 | 5.51 billion current GBP | +38.4% |
| 1992 | 6.43 billion current GBP | +16.5% |
| 1993 | 8.65 billion current GBP | +34.6% |
| 1994 | 9.48 billion current GBP | +9.6% |
| 1995 | 10.37 billion current GBP | +9.3% |
| 1996 | 11.62 billion current GBP | +12.1% |
| 1997 | 11.97 billion current GBP | +3.0% |
| 1998 | 12.78 billion current GBP | +6.8% |
| 1999 | 13.42 billion current GBP | +5.0% |
| 2000 | 15.86 billion current GBP | +18.2% |
| 2001 | 17.29 billion current GBP | +9.0% |
| 2002 | 17.73 billion current GBP | +2.5% |
| 2003 | 13.03 billion current GBP | -26.5% |
| 2004 | 12.04 billion current GBP | -7.6% |
| 2005 | 18.70 billion current GBP | +55.4% |
| 2006 | 19.54 billion current GBP | +4.5% |
| 2007 | 22.03 billion current GBP | +12.7% |
| 2008 | 26.19 billion current GBP | +18.9% |
| 2009 | 30.94 billion current GBP | +18.1% |
| 2010 | 34.86 billion current GBP | +12.7% |
| 2011 | 36.43 billion current GBP | +4.5% |
| 2012 | 38.36 billion current GBP | +5.3% |
| 2013 | 39.15 billion current GBP | +2.1% |
| 2014 | 38.88 billion current GBP | -0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1940s | 86.80 million current GBP | 86.80 million current GBP | 86.80 million current GBP | 1 |
| 1950s | 203.76 million current GBP | 136.71 million current GBP | 264.79 million current GBP | 10 |
| 1960s | 347.60 million current GBP | 233.61 million current GBP | 512.71 million current GBP | 10 |
| 1970s | 1.58 billion current GBP | 618.92 million current GBP | 2.63 billion current GBP | 10 |
| 1980s | 4.33 billion current GBP | 2.85 billion current GBP | 7.77 billion current GBP | 10 |
| 1990s | 9.42 billion current GBP | 3.98 billion current GBP | 13.42 billion current GBP | 10 |
| 2000s | 19.33 billion current GBP | 12.04 billion current GBP | 30.94 billion current GBP | 10 |
| 2010s | 37.53 billion current GBP | 34.86 billion current GBP | 39.15 billion current GBP | 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 capital formation (current US$), annual growth rate -6.2 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.247 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 2,732 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate -2.38 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 15.31 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 169,349 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -4.36 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2203 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Dominican Republic?
- Gross domestic product (gdp) in Dominican Republic was 38.88 billion current GBP in 2014, according to Fouquin and Hugot (2016) – processed by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Dominican Republic?
- The highest recorded value was 39.15 billion current GBP in 2013.
- What is the lowest gross domestic product (gdp) recorded in Dominican Republic?
- The lowest recorded value was 86.80 million current GBP in 1949.
- How does Dominican Republic rank for gross domestic product (gdp)?
- Dominican Republic ranks 74th out of 200 countries with data for 2014.
- Is gross domestic product (gdp) rising or falling in Dominican Republic?
- Over the last ten years it is up 223.0%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from Fouquin and Hugot (2016) – processed by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
This data is expressed in British pounds. It is not adjusted for inflation or differences in living costs between countries.