Labor force | 5.413 million (2024 est.) |
---|---|
Industrial production growth rate | 3% (2024 est.) |
Industries | tourism, sugar processing, gold mining, textiles, cement, tobacco, electrical components, medical devices |
Population below poverty line | 23% (2023 est.) |
Taxes and other revenues | 14.5% (of GDP) (2023 est.) |
Fiscal year | |
Exchange rates | |
Currency | Dominican pesos (DOP) per US dollar - |
Exchange rates 2024 | 59.565 (2024 est.) |
Exchange rates 2023 | 56.158 (2023 est.) |
Exchange rates 2022 | 55.141 (2022 est.) |
Exchange rates 2021 | 57.221 (2021 est.) |
Exchange rates 2020 | 56.525 (2020 est.) |
Debt - external | |
Debt - external 2023 | $35.044 billion (2023 est.) |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 2024 | $13.471 billion (2024 est.) |
Reserves of foreign exchange and gold 2023 | $15.547 billion (2023 est.) |
Reserves of foreign exchange and gold 2022 | $14.523 billion (2022 est.) |
Current account balance | |
Current account balance 2024 | -$4.167 billion (2024 est.) |
Current account balance 2023 | -$4.418 billion (2023 est.) |
Current account balance 2022 | -$6.549 billion (2022 est.) |
Budget | |
Revenues | $18.303 billion (2022 est.) |
Expenditures | $20.072 billion (2022 est.) |
Budget surplus (+) or deficit (-) | |
Remittances | |
Remittances 2024 | 9% of GDP (2024 est.) |
Remittances 2023 | 8.8% of GDP (2023 est.) |
Remittances 2022 | 9.1% of GDP (2022 est.) |
Household income | |
Lowest 10% | 2.3% (2023 est.) |
Highest 10% | 29.1% (2023 est.) |
Average household expenditures | |
On food | 28.1% of household expenditures (2023 est.) |
On alcohol and tobacco | 3.8% of household expenditures (2023 est.) |
Imports | |
Imports 2024 | $36.144 billion (2024 est.) |
Imports 2023 | $34.45 billion (2023 est.) |
Imports 2022 | $36.838 billion (2022 est.) |
Imports (partners) | USA 40%, China 18%, Brazil 4%, Spain 4%, Mexico 3% (2023) |
Comodities Imports force | refined petroleum, cars, natural gas, plastic products, crude petroleum (2023) |
Exports | |
Imports 2024 | $36.144 billion (2024 est.) |
Imports 2023 | $34.45 billion (2023 est.) |
Imports 2022 | $36.838 billion (2022 est.) |
Exports (partners) | USA 52%, Switzerland 7%, Haiti 6%, China 5%, India 3% (2023) |
Comodities Exports force | medical instruments, tobacco, gold, garments, power equipment (2023) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2024 | $276.884 billion (2024 est.) |
Real GDP (purchasing power parity) 2023 | $263.82 billion (2023 est.) |
Real GDP (purchasing power parity) 2022 | $258.16 billion (2022 est.) |
GDP (official exchange rate) | $124.282 billion (2024 est.) |
Real GDP Per capita | |
Real GDP per capita 2024 | $24,200 (2024 est.) |
Real GDP per capita 2023 | $23,300 (2023 est.) |
Real GDP per capita 2022 | $23,000 (2022 est.) |
GDP - composition, by sector of origin | |
Agriculture | 4.5% (2024 est.) |
Industry | 28.7% (2024 est.) |
Services | 59.8% (2024 est.) |
GDP - composition, by end use | |
Household consumption | 67.7% (2024 est.) |
Government consumption | 11.5% (2024 est.) |
Investment in fixed capital | 26.1% (2024 est.) |
Investment in inventories | 0.9% (2024 est.) |
Exports of goods and services | 22.8% (2024 est.) |
Imports of goods and services | -29% (2024 est.) |
Unemployment rate | |
Unemployment rate 2024 | 5.5% (2024 est.) |
Unemployment rate 2023 | 5.6% (2023 est.) |
Unemployment rate 2022 | 5.6% (2022 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 11.7% (2024 est.) |
Male | 9.2% (2024 est.) |
Female | 15.5% (2024 est.) |
Want to know more about Dominican Republic? Check all different factbooks for Dominican Republic below.