The Gross Domestic Product (GDP) in Dominican Republic contracted 0.70 percent in the first quarter of 2021 over the previous quarter. source: Central Bank of Dominican Republic

GDP Growth Rate in Dominican Republic averaged 1.30 percent from 1991 until 2021, 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 September of 2021.

GDP Growth Rate in Dominican Republic is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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
-0.70 10.70 12.70 -15.80 1991 - 2021 percent Quarterly

Dominican Republic GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.70 10.70 12.70 -15.80 percent [+]
GDP Annual Growth Rate 3.10 -2.90 14.00 -16.90 percent [+]
GDP 78.84 88.94 88.94 0.65 USD Billion [+]
GDP per capita 7389.69 8002.44 8002.44 1250.65 USD [+]
GDP per capita PPP 17003.01 18412.90 18412.90 6143.85 USD [+]
GDP Constant Prices 1244122.80 1268903.70 1268903.70 346180.10 DOP Millions [+]
Gross Fixed Capital Formation 389703.90 401242.80 401242.80 4137.32 DOP Millions [+]