The Gross Domestic Product (GDP) in Dominican Republic expanded 10.70 percent in the fourth quarter of 2020 over the previous quarter. source: Central Bank of Dominican Republic

GDP Growth Rate in Dominican Republic averaged 1.32 percent from 1991 until 2020, reaching an all time high of 12.70 percent in the first quarter of 1992 and a record low of -15.80 percent in the second quarter of 2020. 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 June of 2021.

GDP Growth Rate in Dominican Republic is expected to be 1.10 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 1.90 in 12 months time. In the long-term, the Dominican Republic GDP Growth Rate is projected to trend around 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
10.70 11.34 12.70 -15.80 1991 - 2020 percent Quarterly

Dominican Republic GDP Last Previous Highest Lowest Unit
GDP Growth Rate 10.70 11.34 12.70 -15.80 percent [+]
GDP Annual Growth Rate -2.90 -7.20 14.00 -16.90 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 18419.03 17711.77 18419.03 6143.85 USD [+]
GDP Constant Prices 1268903.70 1099212.50 1268903.70 346180.10 DOP Millions [+]
Gross Fixed Capital Formation 401242.80 302019.30 401242.80 4137.32 DOP Millions [+]