The Gross Domestic Product (GDP) in Dominican Republic expanded 5.80 percent in the fourth quarter of 2019 over the previous quarter.

GDP Growth Rate in Dominican Republic averaged 1.37 percent from 1991 until 2019, reaching an all time high of 12.70 percent in the first quarter of 1992 and a record low of -8.80 percent in the third quarter of 1992. This page provides - Dominican Republic Gdp Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic GDP Growth Rate - values, historical data and charts - was last updated on July of 2020. source: Central Bank of Dominican Republic

GDP Growth Rate in Dominican Republic is expected to be -6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Dominican Republic to stand at 0.80 in 12 months time. In the long-term, the Dominican Republic GDP Growth Rate is projected to trend around 1.90 percent in 2021 and 2.50 percent in 2022, according to our econometric models.

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Dominican Republic GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.80 -0.20 12.70 -8.80 1991 - 2019 percent Quarterly

Dominican Republic GDP Last Previous Highest Lowest Unit
GDP Growth Rate 5.80 -0.20 12.70 -8.80 percent [+]
GDP Annual Growth Rate 5.80 4.90 14.00 -3.40 percent [+]
GDP 88.94 85.56 88.94 0.65 USD Billion [+]
GDP per capita 8005.11 7697.72 8005.11 1250.65 USD [+]
GDP per capita PPP 15821.20 14953.44 15821.20 5462.79 USD [+]
GDP Constant Prices 1231896.50 1120171.10 1231896.50 346180.10 DOP Millions [+]
Gross Fixed Capital Formation 349963.77 306302.05 349963.77 4137.32 DOP Millions [+]