The Gross Domestic Product (GDP) in Dominican Republic was worth 81.30 billion US dollars in 2018. The GDP value of Dominican Republic represents 0.13 percent of the world economy. GDP in Dominican Republic averaged 20.39 USD Billion from 1960 until 2018, reaching an all time high of 81.30 USD Billion in 2018 and a record low of 0.65 USD Billion in 1961.

GDP in Dominican Republic is expected to be 82.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Dominican Republic GDP is projected to trend around 86.00 USD Billion in 2020, according to our econometric models.

Dominican Republic GDP
Forecast Data Chart
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Dominican Republic GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.36 -1.12 12.65 -8.84 percent [+]
GDP Annual Growth Rate 3.70 5.70 14.00 -3.40 percent [+]
GDP 81.30 75.93 81.30 0.65 USD Billion [+]
GDP per capita 7750.93 7325.81 7750.93 1253.50 USD [+]
GDP per capita PPP 15821.20 14953.44 15821.20 5462.79 USD [+]
Gross Fixed Capital Formation 292233.93 267254.97 314134.55 4137.32 DOP Millions [+]
GDP Constant Prices 1123404.40 1088915.50 1128043.50 346180.10 DOP Millions [+]

Dominican Republic GDP

The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Dominican Republic GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic GDP - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
81.30 75.93 81.30 0.65 1960 - 2018 USD Billion Yearly
Current USD

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