Dominican Republic GDP

The Gross Domestic Product (GDP) in Dominican Republic was worth 58.95 billion US dollars in 2012. The GDP value of Dominican Republic represents 0.10 percent of the world economy. GDP in Dominican Republic is reported by the The World Bank Group. From 1960 until 2012, Dominican Republic GDP averaged 14.2 USD Billion reaching an all time high of 59.0 USD Billion in December of 2012 and a record low of 0.7 USD Billion in December of 1961. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Dominican Republic GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
58.95 55.67 58.95 0.65 64.25 | 2014/06 1960 - 2012 USD Billion Yearly

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Dominican Republic GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
Gdp Growth Rate 0.76 2013-09-30 6.85 17.18 -11.60 3.80 2013-12-31 Percent [+]
GDP 58.95 2012-12-31 55.67 58.95 0.65 64.25 2014-06-30 USD Billion [+]
GDP Annual Growth Rate 7.30 2013-12-31 5.50 12.80 -2.20 7.44 2014-03-31 Percent [+]
GDP per capita 5059.03 2012-12-31 4931.63 5059.03 1026.23 5256.32 2014-06-30 USD [+]
GDP per capita PPP 8794.14 2012-12-31 8572.68 8794.14 3677.95 9137.09 2014-06-30 USD [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Dominican Republic Consumer Price Index (CPI) at 117.59 Index Points  
Consumer Price Index (CPI) in Dominican Republic increased to 117.59 Index Points in March of 2014 from 116.98 Index Points in February of 2014. Consumer Price Index (CPI) in Dominican Republic is reported by the Central Bank of Dominican Republic.
Dominican Republic Gold Reserves at 0.57 Tonnes  
Gold Reserves in Dominican Republic remained unchanged at 0.57 Tonnes in the fourth quarter of 2013 from 0.57 Tonnes in the third quarter of 2013. Gold Reserves in Dominican Republic is reported by the World Gold Council.
Dominican Republic Government Debt To GDP at 45.71 Percent  
Dominican Republic recorded a Government Debt to GDP of 45.71 percent of the country's Gross Domestic Product in 2012. Government Debt To GDP in Dominican Republic is reported by the Consejo Monetario Centroamericano.
Dominican Republic GDP Annual Growth Rate at 7.30 Percent  
The Gross Domestic Product (GDP) in Dominican Republic expanded 7.30 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Dominican Republic is reported by the Central Bank of Dominican Republic.
Dominican Republic Inflation Rate at 2.99 Percent  
The inflation rate in Dominican Republic was recorded at 2.99 percent in March of 2014. Inflation Rate in Dominican Republic is reported by the Central Bank of Dominican Republic.
Dominican Republic Interest Rate at 6.25 Percent  
The benchmark interest rate in Dominican Republic was last recorded at 6.25 percent. Interest Rate in Dominican Republic is reported by the Central Bank of Dominican Republic.
Dominican Republic Personal Income Tax Rate at 25.00 percent  
The Personal Income Tax Rate in Dominican Republic stands at 25 percent. Personal Income Tax Rate in Dominican Republic is reported by the Direccion General de Impuestos Internos.
Dominican Republic Corporate Tax Rate at 28.00 percent  
The Corporate Tax Rate in Dominican Republic stands at 28 percent. Corporate Tax Rate in Dominican Republic is reported by the Direccion General de Impuestos Internos.
Dominican Republic Sales Tax Rate at 18.00 Percent  
The Sales Tax Rate in Dominican Republic stands at 18 percent. Sales Tax Rate in Dominican Republic is reported by the Direccion General de Impuestos Internos.
Dominican Republic Balance of Trade at -630.50 USD Million  
Dominican Republic recorded a trade deficit of 630.50 USD Million in June of 2013. Balance of Trade in Dominican Republic is reported by the Central American Monetary Council.
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