Dominican Republic

The Dominican Republic slipped 3 places to 67th in 2025, landing between Puerto Rico and Ethiopia. US$ GDP rose 2.5% to US$127.4 billion, close to real growth of +2.1%.

Services make up 60.1% of output and industry 28.4%, with manufacturing at 12.3% of GDP and agriculture at 4.6%. Inflation was 3.9% and unemployment 5.1%. Government gross debt stands at 59.0% of GDP, according to the IMF.

The economy is 5.2 times its 2000 size of US$24.3 billion, when it ranked 62nd, and is about the size of the Hartford, CT metro area. With 11.5 million people, GDP per capita is US$11,059, 84th of 196, and $28,721 international dollars in PPP terms, 77th. It is the 9th largest economy in Latin America & Caribbean, with Santo Domingo as its capital. The IMF projects GDP of US$193.4 billion by 2030, up 52%, which would place the country 62nd.