Country report 2017 includes the dominican republic real gross domestic product growth rate, with latest forecasts and historical data, gdp per capita, and gdp composition by sector. Merchandise trade statistics for dominican republic dom including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and mfn tariff along with most exported and imported product groups, along with development indicators such as gdp, gni per capita, trade balance and trade as percentage of gdp for most recent year. World economics makes available of worlds most comprehensive gdp database covering over countries with historical gdp ppp data from 18702018, building on the lifetimes work of angus maddison. Edit redirected from list of countries by gdp ppp per capita growth rate in 2017. This is a list of latin american and caribbean countries by gross domestic product nominal in usd according to the international monetary funds estimates in the october 2018 world economic outlook database cuba is not included in the list due to lack of economic data. In 2018, gdp per capita for dominican republic was 8,341 us dollars. Dominican republic gni per capita 19622020 macrotrends.
Learn more about the dominican republic economy, including the population of dominican republic, gdp, facts, trade, business, inflation and other data and analysis on its economy from the index of. Dominican republic, barbados and haiti, along with overseas territories and departments in the caribbean was not included in the world banks report. Suriname and ukraine are the highest gainer in world gdp nominal per capita ranking by improving theirs rank by 7 positions. Sep 06, 20 the rank of dominican republic from the poorest countries is 96th and from the richest is 108 with gdp per capita using atlas method in 20. Dominican republic vs united states economy stats compared. This page provides dominica gdp per capita ppp actual values, historical data, forecast, chart, statistics, economic calendar and news.
Dominican republic cost of living, internet speed, weather and other metrics as a place to work remotely for digital nomads. Jan 03, 2020 the chart below lists the advanced economies only as per their gdp ppp per capita rank in the developed world. In 2000, nickel production was 39,943 tons, ranking tenth in the world, a decrease. We show the gdp per capita in purchasing power parity ppp terms, i.
The statistic shows gross domestic product gdp per capita in dominican republic from 1984 to 2018, with projections up until 2024. The dominican republic has long been viewed primarily as an exporter of sugar, coffee, and tobacco, but in recent years the service sector has overtaken agriculture as the economys largest. All suggestions for corrections of any errors about gdp per capita ppp 2014 should be addressed to the cia. Population economy trade health education development labor force environment crime. Kitts and nevis ranks fourth in caribbean in gdp per. Gdp is the total value of all goods and services produced in a. Dollars the economy rediscovers a spring in its step in q3. This page provides dominican republic gdp per capita actual values, historical data, forecast, chart, statistics, economic calendar and news.
World bank national accounts data, and oecd national accounts data files. Gdp per capita ppp by year chart gdp per capita ppp rank chart gdp per capita ppp comparative map. For example, dominican republics exports rank is higher than please wait. Gdp nominal and gdp ppp per capita of north american countries by imf. Feb 17, 2020 gross domestic product, or gdp for short, is a measurement that describes the value of a geographic locations total goods and services, and how it relates to the population of the region. Country comparison gdp per capita ppp download gdp per capita ppp compares gdp on a purchasing power parity basis divided by population as of 1 july for the same year.
The sum value of all final goods and services produced in a country in a given year valued at prices prevailing in the united states of america. Growth subsequently plummeted as part of the global economic slowdown. This page provides dominican republic gdp per capita actual values, historical data, forecast, chart. We have used the publicly available data from international monetary fund imf to rank the countries. Gdp per capita of dominican republic increased from 2,675 us dollars in 1999 to 8,341 us dollars in 2018 growing at an average annual rate of 6.
The information regarding gdp per capita ppp 2014 on this page is republished from the cia world factbook 2014. Haiti, with its northern and southern pincerlike peninsulas, takes up the western third of the island, while the dominican republic occupies the triangular eastern twothirds. Feb 16, 2020 this list contains projected gdp per capita nominal and ppp of 192 countrieseconomies in current prices of year 2019 and 2020 by imf alongside with their world rank and compare to worlds average. The dominican republic is an upper middleincome developing country primarily dependent on mining, agriculture, trade, and services. Such fluctuations change a countrys ranking from one year to the next, even though they often make little or no. This entry gives the gross domestic product gdp or value of all final goods and services produced within a nation in a given year. The dominican republic gdp forecast 2017, economic data. Gdp per capita ppp in dominican republic averaged 9577. The percentage change in real gdp per capita for the latest year for which data is published. Gdp is the total value of all goods and services produced in a country in a year. No claims are made regarding theaccuracy of gdp per capita ppp 2014 information contained here. Gdp per capita in dominican republic and other countries is calculated as the gross domestic product gdp divided by the population. Central america dominican republic the world factbook.
Gdp is the worth of all goods and services made in a country in a year. The percentage change in gdp per capita for the latest 5 years for which data is published. In order to calculate the gdp per capita of a particular area, the gdp of that location is divided by the total population size. Gdp per capita in dominican republic real gdp per capita in. Purchasing power parity means how much money would be needed to buy the same item in two different countries. Dominican republic gdp gross domestic product 2018. Gdp per capita is gross domestic product divided by midyear population.
List of countries by gdp nominal per capita simple. Monaco and luxembourg are the leaders by the gdp per capita. China compared to other countries the gdp per capita ppp of china is similar to that of azerbaijan, albania, ecuador, tunisia, thailand, turkmenistan, dominican republic, maldives, jamaica, belize with a respective gdp per capita ppp of 10,800, 10,700. To facilitate benchmarking for outcomes, one ranking is offered. This is a list of countries of the world sorted by their gross domestic product gdp. See how dominican republic ranks in us news best countries. Thailand, whose per capita income in purchasing power parity terms is a little more than two times that of india, has announced a package that is 10 times bigger as a share of its gross domestic product or gdp than ours. Estimation of a countrys gross domestic product shows the size of its economy but does not show how wealthy on average are individuals of that country. Dominican republic leads caribbean economies global. Dominican republic gdp per capita, ppp data, chart. Dominican republic statistics, rankings, news us news. Countries by real gdp per capita ppp growth according to the world bank. Dominican republic economy covering gdp, currency, exports, and more. The gross domestic product gdp per capita is the national output, divided by the population, expressed in u.
No claims are made regarding the accuracy of dominican republic economy 2020 information contained here. Historical gdp per capita by country statistics from the. The gdp per capita, in dominican republic, when adjusted by purchasing power parity is equivalent to 89 percent of the worlds average. Oct 23, 2019 the statistic shows gross domestic product gdp per capita in dominican republic from 1984 to 2018, with projections up until 2024. Among top 20 richest economies, per capita income of 17 economies is less in 2019 compare to previous year. Gdp at purchasers prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. The economy of the dominican republic is the eighth largest in latin america, and is the. Despite its strong growth and macroeconomic stability, the country has not witnessed significant welfare improvements, until very recently. The economy of the dominican republic is the eighth largest in latin america, and is the largest in the caribbean and central america region. Gdp per capita ppp, 2010, is gross domestic product on a purchasing power parity basis divided by the population.
The gdp per capita in dominican republic is equivalent to 61 percent of the worlds average. All suggestions for corrections of any errors about dominican republic economy 2020 should be addressed to the cia or the source cited on each page. This page is a list of the countries of the world by gross domestic product at purchasing power parity per capita, i. The information regarding gdp per capita ppp on this page is republished from the cia world factbook 2018. Gdp per capita, purchasing power parity, 2018 country rankings. Over the last two decades, the dominican republic have been standing out as one of the fastest economies in the americas. Regional ranking is the ranking of the country among surveyed countries of the same region, based on their dare index score. List of countries by gdp ppp per capita simple english. Kitts and nevis ranks fourth in caribbean in gdp per capita on oct 16, 20 cuopm the world bank is reporting that st. All africa antarctica australia oceania central america central asia east asiasoutheast asia europe middle east.
On the whole, ppp per capita figures are more narrowly spread than nominal gdp per capita figures. Gdp per capita in dominican republic averaged 3376. List of latin american and caribbean countries by gdp. Dominican republic gdp per capita 19602018 data 2019. Dominican republic gdp per capita ppp economy indexmundi. The gross domestic product per capita in dominican republic was last recorded at 7750. A nations gdp at purchasing power parity ppp exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the united states. Over the coming decade, we expect that costa rica and the dominican republic will see their gdp per capita increase and likely end up ranking among the highest in the broader region, says jesse wheeler, senior. It is considered to be a very important indicator of the economic strength of a country and a positive change is an.
The economic wellbeing of a countrys citizens can be measured as a countrys gdp per one inhabitant, known as gdp per capita which is usually used as an indicator of the quality of life. Gdp per capita in dominican republic real gdp per capita. Dominican republic gdp per capita 19602020 macrotrends. Dominican republic gross domestic product gdp per capita.
For exports, fdi and gdp measures, a higher rank closer to 100% indicates a stronger economy. Dominican republic gdp per capita 19602018 data 20192020. Jan 02, 2020 in this article, we will share the ranking of 192 countries in the world based on their gdp gross domestic product per capita during 2019. The economy bounced back in q3 from a sharp slowdown in the second quarter, according to central bank data q3. Ppp largely removes the exchange rate problem but not others. Dominican republic gdp per capita ppp 19902018 data 2019. The human capital index hci database provides data at the country level for each of the components of the human capital index as well as for the overall index, disaggregated by gender. The information regarding gdp per capita ppp on this page is republished from the cia world factbook 2020.
Dominican republic gdp per capita ppp 19902018 data. S dollars per person, for the latest year for which data is published. Hci and gdp per capita ppp log scale, horizontal axis. Over the last 20 years, gdp per capita based on ppp of dominican republic grew substantially from 6,654 to 19,411 international dollars rising at an increasing. Gdp per capita ppp compares gdp on a purchasing power parity basis divided by population as of 1 july for the same year. Purchasing power parity means how much money would be needed to. Browse additional economic indicators and data sets, selected by global finance editors, to learn more about the. Dominican republic statistics, rankings, news us news best. Dominica gdp per capita ppp 19902018 data 20192020. List of countries by gdp nominal per capita wikipedia. All suggestions for corrections of any errors about gdp per capita ppp should be addressed to the cia. Curated by knoemas data analysts to deliver leading shortterm and longterm indicators and forecasts from trusted sources for each of the covered industries. Conversely, for unemployment and inflation, a lower rank closer to. No claims are made regarding the accuracy of gdp per capita ppp information contained here.
While gross domestic product per capita is especially useful when comparing one country to another because it accounts for the size of the countrys population it is also useful in indicating the growth of economic wellbeing in a country through time. Ranking of the country dominican republic at the global level is from the highest to the lowest data. Gross domestic product of dominican republic grew 7% in 2018 compared to last year. Dominican republic gdp per capita usd focuseconomics. Below you will find the last recordings for the indicator. The who country health profile of dominican republic provides key statistics and links to health topical databases, plus news, features and bulletin journal articles. Gdp per capita ppp 2014 country comparisons, ranks. The statistic shows the growth in real gdp in dominican republic from 2014 to 2018, with projections up until 2024.
For example, dominican republic s exports rank is higher than please wait. Kitts and nevis ranks fourth in gdp per capita in the caribbean from the bahamas in the north to guyana and suriname in the south. The dominican republic is a caribbean representative democracy which enjoyed gdp growth of more than 7% in 19982000. Gross domestic product gdp per capita in dominican. This page lists the countries of the world sorted by their gross domestic product per capita at. This page provides dominican republic gdp per capita ppp actual values, historical data, forecast, chart, statistics, economic calendar and news. This is a list of countries of the world sorted by their gross domestic product gdp per capita. Dominican republic compared to other countries the gdp purchasing power parity of dominican republic is similar to that of myanmar, tunisia, syrian arab republic, bulgaria, azerbaijan, oman, ghana, sudan, guatemala, serbia with a respective gdp purchasing power parity of. Changes in gdp per capita, world rank and continent rank, compare to world economy and continent economy. The average for 2018 based on 175 countries was 19574. The gross domestic product per capita in dominican republic was last recorded at 15821.
Dominican republic gross domestic product gdp growth. Peer economic development group ranking is the ranking of the country among peer countries by income per capita, based on their dare index score. List of countries by gdp ppp per capita growth rate. The caribbean island of hispaniola, jointly occupied by haiti and the dominican republic, dominates this space station view of the earth. Dominican republic gdp per capita based on ppp, 19802019. World gdp ppp per capita ranking developing countries. The dr remains the most rapid economy in the region in 2014 and 2015, with a real gdp growth at 7 percent. The dominican republic dr has enjoyed strong economic growth in recent years, averaging 5. Conversely, for unemployment and inflation, a lower rank closer to 0% indicates a stronger economy. The index measures the amount of human capital that a child born today can. Latest official gdp figures published by the world bank. As the novel coronavirus spreads across the world, it is becoming increasingly. Dominican republic economy 2020, cia world factbook.
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