Dominican Republic

Dominican Republic : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$17.42 billion (2011 est.)
$15.3 billion (2010 est.)

Exports

$8.536 billion (2011 est.)
$6.598 billion (2010 est.)

Inflation rate (consumer prices)

8.5% (2011 est.)
6.3% (2010 est.)

Unemployment rate

13.1% (2011 est.)
13.3% (2010 est.)

GDP - per capita (PPP)

$9,400 (2011 est.)
$9,200 (2010 est.)
$8,700 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

4.2% (2010 est.)
3.5% (2009 est.)
5.3% (2008 est.)

Internet users

2.701 million (2009)

Telephones - mobile cellular

8.893 million (2009)

Population growth rate

1.305% (2012 est.)

Population

10,088,598 (July 2012 est.)

Historical background

The Taino - indigenous inhabitants of Hispaniola prior to the arrival of the Europeans - divided the island into five chiefdoms and territories.

Christopher COLUMBUS explored and claimed the island on his first voyage in 1492; it became a springboard for Spanish conquest of the Caribbean and the American mainland.

In 1697, Spain recognized French dominion over the western third of the island, which in 1804 became Haiti.

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Dominican Republic

Economic overview

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 economy's largest employer, due to growth in tourism and free trade zones.

The economy is highly dependent upon the US, the destination for nearly 60% of exports.

Remittances from the US amount to about a tenth of GDP, equivalent to almost half of exports and three-quarters of tourism receipts.

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The Economist Intelligence Unit

Country Forecast Dominican Republic May 2013 Updater

Country Forecast Dominican Republic May 2013 Updater

  • $ 635
  • Country report
  • May 2013
  • by The Economist Intelligence Unit

OVERVIEW The president, Danilo Medina of the Partido de la Liberación Dominicana, will enjoy a two-thirds majority in Congress until the 2016 elections. This will facilitate the passage of reforms ...

  • Countries : Dominican Republic, Dominica

PRS Group

Country Forecasts (Subscription, two issues per year, April & October)

Country Forecasts (Subscription, two issues per year, April & October)

  • $ 840
  • Country report
  • April 2013
  • by PRS Group

Country Forecasts is a 480-page perfect-bound volume published in April and October. This publication provides a four-page summary of forecasts and data for each of the 100 countries monitored by Political ...

  • Countries : World, South America, Asia, Europe, North America, Africa, Dominican Republic, Czech Republic, South Korea, Philippines, Guinea, Congo, Democratic Republic Of, Saudi Arabia, Papua New Guinea, New Zealand, Australia, Venezuela, Argentina, United States, Nicaragua, Guatemala, El Salvador, Dominica, Costa Rica, United Kingdom, Switzerland, Netherlands, United Arab Emirates, Sri Lanka, Singapore, Kazakhstan, Indonesia, Bangladesh, Azerbaijan, South Africa, Uruguay, Suriname, Paraguay, Guyana, Ecuador, Chile, Colombia, Bolivia, Brazil, Panama, Mexico, Jamaica, Honduras, Haiti, Canada, Ukraine, Sweden, Spain, Slovakia (slovak Republic), Russian Federation, Romania, Portugal, Poland, Norway, Italy, Ireland, Hungary, Greece, France, Germany, Finland, Denmark, Bulgaria, Belgium, Austria, Vietnam, Thailand, Taiwan, Syrian Arab Republic, Pakistan, Myanmar, Malaysia, Kuwait, Japan, Israel, India, China, Zimbabwe, Zambia, Tunisia, Sudan, Nigeria, Morocco, Libyan Arab Jamahiriya, Kenya, Gabon, Ghana, Egypt, Cameroon, Botswana, Angola, Algeria, Oceania, Peru, Cuba, Oman, Iraq, Iran

Dun and Bradstreet (Altares)

D&B Country Report: The Dominican Republic

D&B Country Report: The Dominican Republic

  • $ 650
  • Country report
  • July 2012
  • by Dun and Bradstreet (Altares)

Report Summary Providing critical information and analysis on the trade environment, D&B Country Reports offer in-depth analysis for evaluating risks and opportunities when trading overseas. This detailed ...

  • Countries : Dominican Republic, Dominica

MarketLine

Country Analysis Report: Dominican Republic, PEST Insights

Country Analysis Report: Dominican Republic, PEST Insights

  • $ 220
  • Country report
  • February 2013
  • by MarketLine

Introduction This PEST country analysis report on the Dominican Republic provides a holistic view of the country, with insightful analysis of current and future issues, supplemented with relevant quantitative ...

  • Countries : Dominican Republic, Dominica

OECD

Capital Markets in the Dominican Republic:  Tapping the Potential for Development

Capital Markets in the Dominican Republic: Tapping the Potential for Development

  • $ 20
  • Country report
  • August 2012
  • by OECD

This report presents a detailed analysis of the Dominican Republic's financial system and offers a series recommendations to develop the country's capital markets. The country has recently made big advances ...

  • Countries : Dominican Republic, Dominica

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