GDP Growth Rate
Year -
2.36%
In 2023, Dominican Republic experienced a significant a decrease in its GDP growth rate, which fall to 2.36% from 4.86% in 2022. Additionally, the GDP per capita growth rate in Dominican Republic decrease to 1.42% in 2023, compared to 3.82% in 2022.
In 2023, Dominican Republic experienced a decrease in economic performance, with the GDP growth rate falling by 2.5%. Additionally, the GDP per capita growth rate decrease by 2.4%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | -2.31% | -2.31% | -5.48% | -5.48% |
| 1962 | 17.05% | 19.36% | 13.3% | 18.78% |
| 1963 | 6.5% | -10.55% | 3.14% | -10.16% |
| 1964 | 6.76% | 0.26% | 3.45% | 0.31% |
| 1965 | -12.48% | -19.24% | -15.12% | -18.57% |
| 1966 | 13.46% | 25.94% | 10.09% | 25.21% |
| 1967 | 3.33% | -10.13% | 0.26% | -9.83% |
| 1968 | 0.24% | -3.09% | -2.65% | -2.91% |
| 1969 | 10.89% | 10.65% | 7.78% | 10.43% |
| 1970 | 18.23% | 7.34% | 14.98% | 7.20% |
| 1971 | 10.87% | -7.36% | 7.88% | -7.10% |
| 1972 | 10.39% | -0.48% | 7.47% | -0.41% |
| 1973 | 12.9% | 2.51% | 9.95% | 2.48% |
| 1974 | 6% | -6.90% | 3.29% | -6.66% |
| 1975 | 5.19% | -0.81% | 2.56% | -0.73% |
| 1976 | 6.73% | 1.54% | 4.1% | 1.54% |
| 1977 | 4.98% | -1.75% | 2.44% | -1.66% |
| 1978 | 2.14% | -2.84% | -0.28% | -2.72% |
| 1979 | 4.53% | 2.39% | 2.11% | 2.39% |
| 1980 | 7.97% | 3.44% | 5.53% | 3.42% |
| 1981 | 4.28% | -3.69% | 1.99% | -3.54% |
| 1982 | 1.7% | -2.58% | -0.49% | -2.48% |
| 1983 | 4.63% | 2.93% | 2.38% | 2.87% |
| 1984 | 1.25% | -3.38% | -0.92% | -3.30% |
| 1985 | -2.12% | -3.37% | -4.19% | -3.27% |
| 1986 | 3.52% | 5.64% | 1.37% | 5.56% |
| 1987 | 10.12% | 6.60% | 7.84% | 6.47% |
| 1988 | 2.16% | -7.96% | 0.04% | -7.80% |
| 1989 | 4.4% | 2.24% | 2.22% | 2.18% |
| 1990 | -5.45% | -9.85% | -7.43% | -9.65% |
| 1991 | 0.94% | 6.39% | -1.13% | 6.30% |
| 1992 | 11.22% | 10.28% | 8.99% | 10.12% |
| 1993 | 7.36% | -3.86% | 5.26% | -3.73% |
| 1994 | 2.6% | -4.76% | 0.64% | -4.62% |
| 1995 | 5.69% | 3.09% | 3.73% | 3.09% |
| 1996 | 5.98% | 0.29% | 4.09% | 0.36% |
| 1997 | 8.89% | 2.91% | 7.04% | 2.95% |
| 1998 | 6.71% | -2.18% | 5.01% | -2.03% |
| 1999 | 5.94% | -0.77% | 4.31% | -0.70% |
| 2000 | 4.66% | -1.28% | 3.08% | -1.23% |
| 2001 | 2.46% | -2.20% | 0.94% | -2.14% |
| 2002 | 4.5% | 2.04% | 3% | 2.06% |
| 2003 | -1.35% | -5.85% | -2.73% | -5.73% |
| 2004 | 2.57% | 3.92% | 1.17% | 3.90% |
| 2005 | 9.43% | 6.86% | 7.98% | 6.81% |
| 2006 | 9.17% | -0.26% | 7.77% | -0.21% |
| 2007 | 7.42% | -1.75% | 6.07% | -1.70% |
| 2008 | 3.21% | -4.21% | 1.9% | -4.17% |
| 2009 | 0.95% | -2.26% | -0.36% | -2.26% |
| 2010 | 8.34% | 7.39% | 6.92% | 7.28% |
| 2011 | 3.13% | -5.21% | 1.8% | -5.12% |
| 2012 | 2.72% | -0.41% | 1.42% | -0.38% |
| 2013 | 4.88% | 2.16% | 3.57% | 2.15% |
| 2014 | 7.05% | 2.17% | 5.75% | 2.18% |
| 2015 | 6.93% | -0.12% | 5.66% | -0.09% |
| 2016 | 6.66% | -0.27% | 5.43% | -0.23% |
| 2017 | 4.67% | -1.99% | 3.49% | -1.94% |
| 2018 | 6.98% | 2.31% | 5.81% | 2.32% |
| 2019 | 5.05% | -1.93% | 3.93% | -1.88% |
| 2020 | -6.72% | -11.77% | -7.72% | -11.65% |
| 2021 | 12.27% | 18.99% | 11.08% | 18.80% |
| 2022 | 4.86% | -7.41% | 3.82% | -7.26% |
| 2023 | 2.36% | -2.50% | 1.42% | -2.40% |