The index measures the amount of human capital that a child born today can. 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. Gdp per capita ppp 2014 country comparisons, ranks. Latest official gdp figures published by the world bank. Dominican republic gross domestic product gdp per capita. The gdp per capita, in dominican republic, when adjusted by purchasing power parity is equivalent to 89 percent of the worlds average. Growth subsequently plummeted as part of the global economic slowdown. The economy bounced back in q3 from a sharp slowdown in the second quarter, according to central bank data q3. This page lists the countries of the world sorted by their gross domestic product per capita at. Jan 03, 2020 the chart below lists the advanced economies only as per their gdp ppp per capita rank in the developed world.
The average for 2018 based on 175 countries was 19574. No claims are made regarding the accuracy of dominican republic economy 2020 information contained here. Browse additional economic indicators and data sets, selected by global finance editors, to learn more about the. 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.
List of countries by gdp nominal per capita wikipedia. World gdp ppp per capita ranking developing countries. No claims are made regarding the accuracy of gdp per capita ppp information contained here. The gross domestic product per capita in dominican republic was last recorded at 15821. Dominican republic gdp per capita usd focuseconomics. This page provides dominican republic gdp per capita actual values, historical data, forecast, chart. 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. Dominican republic gdp per capita 19602018 data 2019. S dollars per person, for the latest year for which data is published. 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. Dominican republic gdp per capita 19602018 data 20192020. Below you will find the last recordings for the indicator. Dominican republic economy 2020, cia world factbook.
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. The information regarding gdp per capita ppp 2014 on this page is republished from the cia world factbook 2014. The dr remains the most rapid economy in the region in 2014 and 2015, with a real gdp growth at 7 percent. All suggestions for corrections of any errors about gdp per capita ppp should be addressed to the cia. Dominican republic gross domestic product gdp growth. For example, dominican republics exports rank is higher than please wait. 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. On the whole, ppp per capita figures are more narrowly spread than nominal gdp per capita figures. Curated by knoemas data analysts to deliver leading shortterm and longterm indicators and forecasts from trusted sources for each of the covered industries. 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. 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.
Conversely, for unemployment and inflation, a lower rank closer to. Peer economic development group ranking is the ranking of the country among peer countries by income per capita, based on their dare index score. Kitts and nevis ranks fourth in caribbean in gdp per capita on oct 16, 20 cuopm the world bank is reporting that st. The information regarding gdp per capita ppp on this page is republished from the cia world factbook 2018. The description is composed by our digital data assistant. In 2000, nickel production was 39,943 tons, ranking tenth in the world, a decrease. For exports, fdi and gdp measures, a higher rank closer to 100% indicates a stronger economy. Historical gdp per capita by country statistics from the. Dominica gdp per capita ppp 19902018 data 20192020. Monaco and luxembourg are the leaders by the gdp per capita. This page provides dominica gdp per capita ppp actual values, historical data, forecast, chart, statistics, economic calendar and news. In 2018, gdp per capita for dominican republic was 8,341 us dollars. The dominican republic dr has enjoyed strong economic growth in recent years, averaging 5. Dominican republic vs united states economy stats compared.
Among top 20 richest economies, per capita income of 17 economies is less in 2019 compare to previous year. Dominican republic gdp per capita based on ppp, 19802019. 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. The economy of the dominican republic is the eighth largest in latin america, and is the. As the novel coronavirus spreads across the world, it is becoming increasingly. Suriname and ukraine are the highest gainer in world gdp nominal per capita ranking by improving theirs rank by 7 positions.
This is a list of countries of the world sorted by their gross domestic product gdp. Changes in gdp per capita, world rank and continent rank, compare to world economy and continent economy. The economy of the dominican republic is the eighth largest in latin america, and is the largest in the caribbean and central america region. Oct 23, 2019 the statistic shows gross domestic product gdp per capita in dominican republic from 1984 to 2018, with projections up until 2024. Dominican republic economy gdp, inflation, cpi and interest. 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. For example, dominican republic s exports rank is higher than please wait. 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.
Purchasing power parity means how much money would be needed to buy the same item in two different countries. 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. Dominican republic leads caribbean economies global. To facilitate benchmarking for outcomes, one ranking is offered. All africa antarctica australia oceania central america central asia east asiasoutheast asia europe middle east. 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. Dominican republic gdp per capita ppp 19902018 data. Conversely, for unemployment and inflation, a lower rank closer to 0% indicates a stronger economy. This page is a list of the countries of the world by gross domestic product at purchasing power parity per capita, i.
Such fluctuations change a countrys ranking from one year to the next, even though they often make little or no. This page provides dominican republic gdp per capita ppp actual values, historical data, forecast, chart, statistics, economic calendar and news. The percentage change in real gdp per capita for the latest year for which data is published. 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. Gdp per capita ppp, 2010, is gross domestic product on a purchasing power parity basis divided by the population. Gdp is the total value of all goods and services produced in a. The caribbean island of hispaniola, jointly occupied by haiti and the dominican republic, dominates this space station view of the earth. 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. In order to calculate the gdp per capita of a particular area, the gdp of that location is divided by the total population size. 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. See how dominican republic ranks in us news best countries. Over the last two decades, the dominican republic have been standing out as one of the fastest economies in the americas. Dominican republic statistics, rankings, news us news best.
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. Ranking of the country dominican republic at the global level is from the highest to the lowest data. 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. We show the gdp per capita in purchasing power parity ppp terms, i. The gdp per capita in dominican republic is equivalent to 61 percent of the worlds average. Gdp per capita in dominican republic real gdp per capita. Gross domestic product of dominican republic grew 7% in 2018 compared to last year. The percentage change in gdp per capita for the latest 5 years for which data is published. The who country health profile of dominican republic provides key statistics and links to health topical databases, plus news, features and bulletin journal articles. Photos, statistics and additional rankings of dominican republic. Gdp per capita in dominican republic averaged 3376. Gdp per capita ppp compares gdp on a purchasing power parity basis divided by population as of 1 july for the same year. 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 on this page is republished from the cia world factbook 2020. 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. Gdp per capita, purchasing power parity, 2018 country rankings. Population economy trade health education development labor force environment crime. Dominican republic gdp per capita, ppp data, chart. 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. Gdp per capita in dominican republic real gdp per capita in. Dominican republic, barbados and haiti, along with overseas territories and departments in the caribbean was not included in the world banks report. 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. Edit redirected from list of countries by gdp ppp per capita growth rate in 2017. Central america dominican republic the world factbook. Dominican republic economy covering gdp, currency, exports, and more. Kitts and nevis ranks fourth in caribbean in gdp per.
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. Dominican republic cost of living, internet speed, weather and other metrics as a place to work remotely for digital nomads. List of countries by gdp ppp per capita growth rate. Dollars the economy rediscovers a spring in its step in q3. List of countries by gdp nominal per capita simple. All suggestions for corrections of any errors about gdp per capita ppp 2014 should be addressed to the cia.
Hci and gdp per capita ppp log scale, horizontal axis. Despite its strong growth and macroeconomic stability, the country has not witnessed significant welfare improvements, until very recently. This is a list of countries of the world sorted by their gross domestic product gdp per capita. We have used the publicly available data from international monetary fund imf to rank the countries. Gdp is the total value of all goods and services produced in a country in a year. Dominican republic gdp gross domestic product 2018. Gdp nominal and gdp ppp per capita of north american countries by imf. Gdp per capita ppp by year chart gdp per capita ppp rank chart gdp per capita ppp comparative map. This page provides dominican republic gdp per capita actual values, historical data, forecast, chart, statistics, economic calendar and news.
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. 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. The statistic shows the growth in real gdp in dominican republic from 2014 to 2018, with projections up until 2024. Gdp per capita is gross domestic product divided by midyear population. Gdp is the worth of all goods and services made in a country in a year. Purchasing power parity means how much money would be needed to. Dominican republic gni per capita 19622020 macrotrends. 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. 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 is an upper middleincome developing country primarily dependent on mining, agriculture, trade, and services. Ppp largely removes the exchange rate problem but not others. Dominican republic gdp per capita ppp 19902018 data 2019. Gdp per capita in dominican republic and other countries is calculated as the gross domestic product gdp divided by the population. No claims are made regarding theaccuracy of gdp per capita ppp 2014 information contained here.
Dominican republic statistics, rankings, news us news. List of countries by gdp ppp per capita simple english. Countries by real gdp per capita ppp growth according to the world bank. The dominican republic gdp forecast 2017, economic data. World bank national accounts data, and oecd national accounts data files. It is considered to be a very important indicator of the economic strength of a country and a positive change is an. 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. List of latin american and caribbean countries by gdp. Dominican republic gdp per capita ppp economy indexmundi. Regional ranking is the ranking of the country among surveyed countries of the same region, based on their dare index score. The gross domestic product per capita in dominican republic was last recorded at 7750. Gdp per capita ppp in dominican republic averaged 9577. The gross domestic product gdp per capita is the national output, divided by the population, expressed in u.
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