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. Gdp per capita in dominican republic averaged 3376. Kitts and nevis ranks fourth in caribbean in gdp per capita on oct 16, 20 cuopm the world bank is reporting that st. The who country health profile of dominican republic provides key statistics and links to health topical databases, plus news, features and bulletin journal articles. 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. 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.
Below you will find the last recordings for the indicator. Gdp per capita ppp compares gdp on a purchasing power parity basis divided by population as of 1 july for the same year. The dr remains the most rapid economy in the region in 2014 and 2015, with a real gdp growth at 7 percent. This page lists the countries of the world sorted by their gross domestic product per capita at. Growth subsequently plummeted as part of the global economic slowdown.
Gdp per capita in dominican republic real gdp per capita. Over the last two decades, the dominican republic have been standing out as one of the fastest economies in the americas. The economy of the dominican republic is the eighth largest in latin america, and is the largest in the caribbean and central america region. List of countries by gdp ppp per capita simple english. Monaco and luxembourg are the leaders by the gdp per capita. Despite its strong growth and macroeconomic stability, the country has not witnessed significant welfare improvements, until very recently. Dominican republic gdp per capita ppp 19902018 data. Conversely, for unemployment and inflation, a lower rank closer to 0% indicates a stronger economy.
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. See how dominican republic ranks in us news best countries. Dominican republic leads caribbean economies global. 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. For exports, fdi and gdp measures, a higher rank closer to 100% indicates a stronger economy. This page provides dominican republic gdp per capita ppp actual values, historical data, forecast, chart, statistics, economic calendar and news. Photos, statistics and additional rankings of dominican republic. Dominican republic economy gdp, inflation, cpi and interest. Suriname and ukraine are the highest gainer in world gdp nominal per capita ranking by improving theirs rank by 7 positions.
All suggestions for corrections of any errors about gdp per capita ppp 2014 should be addressed to the cia. Central america dominican republic the world factbook. No claims are made regarding the accuracy of gdp per capita ppp information contained here. 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. The caribbean island of hispaniola, jointly occupied by haiti and the dominican republic, dominates this space station view of the earth. Dominican republic gdp per capita based on ppp, 19802019. The dominican republic is a caribbean representative democracy which enjoyed gdp growth of more than 7% in 19982000. Dominican republic gdp per capita usd focuseconomics. For example, dominican republics exports rank is higher than please wait. Gdp per capita is gross domestic product divided by midyear population. Dominican republic economy 2020, cia world factbook. The percentage change in gdp per capita for the latest 5 years for which data is published. Gdp is the total value of all goods and services produced in a country in a year. Population economy trade health education development labor force environment crime.
Dominican republic gdp per capita 19602018 data 20192020. Dominican republic economy covering gdp, currency, exports, and more. The index measures the amount of human capital that a child born today can. Changes in gdp per capita, world rank and continent rank, compare to world economy and continent economy. The gross domestic product per capita in dominican republic was last recorded at 15821. World gdp ppp per capita ranking developing countries. List of latin american and caribbean countries by gdp.
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. Dominican republic gdp gross domestic product 2018. Gdp per capita ppp 2014 country comparisons, ranks. No claims are made regarding the accuracy of dominican republic economy 2020 information contained here. Gross domestic product of dominican republic grew 7% in 2018 compared to last year. The information regarding gdp per capita ppp 2014 on this page is republished from the cia world factbook 2014. The information regarding gdp per capita ppp on this page is republished from the cia world factbook 2018.
In 2000, nickel production was 39,943 tons, ranking tenth in the world, a decrease. Purchasing power parity means how much money would be needed to. The percentage change in real gdp per capita for the latest year for which data is published. 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.
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. 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 average for 2018 based on 175 countries was 19574. Dominican republic cost of living, internet speed, weather and other metrics as a place to work remotely for digital nomads. Oct 23, 2019 the statistic shows gross domestic product gdp per capita in dominican republic from 1984 to 2018, with projections up until 2024. World bank national accounts data, and oecd national accounts data files. To facilitate benchmarking for outcomes, one ranking is offered. The economy bounced back in q3 from a sharp slowdown in the second quarter, according to central bank data q3. This page is a list of the countries of the world by gross domestic product at purchasing power parity per capita, i. Jan 02, 2020 in this article, we will share the ranking of 192 countries in the world based on their gdp gross domestic product per capita during 2019. List of countries by gdp nominal per capita wikipedia. 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.
In order to calculate the gdp per capita of a particular area, the gdp of that location is divided by the total population size. 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. Browse additional economic indicators and data sets, selected by global finance editors, to learn more about the. 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. Gdp per capita in dominican republic real gdp per capita in. Gdp is the worth of all goods and services made in a country in a year. Edit redirected from list of countries by gdp ppp per capita growth rate in 2017. Historical gdp per capita by country statistics from the. Dominica gdp per capita ppp 19902018 data 20192020. No claims are made regarding theaccuracy of gdp per capita ppp 2014 information contained here. The dominican republic dr has enjoyed strong economic growth in recent years, averaging 5. 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.
This page provides dominican republic gdp per capita actual values, historical data, forecast, chart. It is considered to be a very important indicator of the economic strength of a country and a positive change is an. 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. List of countries by gdp nominal per capita simple. We show the gdp per capita in purchasing power parity ppp terms, i. Dominican republic gdp per capita, ppp data, chart. Dominican republic gni per capita 19622020 macrotrends. 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. Curated by knoemas data analysts to deliver leading shortterm and longterm indicators and forecasts from trusted sources for each of the covered industries. Gdp per capita in dominican republic and other countries is calculated as the gross domestic product gdp divided by the population. Conversely, for unemployment and inflation, a lower rank closer to. For example, dominican republic s exports rank is higher than please wait. Gross domestic product gdp per capita in dominican.
The gdp per capita, in dominican republic, when adjusted by purchasing power parity is equivalent to 89 percent of the worlds average. Ppp largely removes the exchange rate problem but not others. 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 gdp per capita in dominican republic is equivalent to 61 percent of the worlds average. We have used the publicly available data from international monetary fund imf to rank the countries. Gdp per capita ppp, 2010, is gross domestic product on a purchasing power parity basis divided by the population. The dominican republic is an upper middleincome developing country primarily dependent on mining, agriculture, trade, and services. 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. Gdp per capita ppp in dominican republic averaged 9577. Countries by real gdp per capita ppp growth according to the world bank. Gdp per capita, purchasing power parity, 2018 country rankings. All suggestions for corrections of any errors about gdp per capita ppp should be addressed to the cia. Dominican republic gross domestic product gdp per capita. Dominican republic statistics, rankings, news us news.
In 2018, gdp per capita for dominican republic was 8,341 us dollars. Dominican republic gdp per capita ppp 19902018 data 2019. Among top 20 richest economies, per capita income of 17 economies is less in 2019 compare to previous year. All africa antarctica australia oceania central america central asia east asiasoutheast asia europe middle east. The dominican republic gdp forecast 2017, economic data. As the novel coronavirus spreads across the world, it is becoming increasingly. 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. Jan 03, 2020 the chart below lists the advanced economies only as per their gdp ppp per capita rank in the developed world. Ranking of the country dominican republic at the global level is from the highest to the lowest data. The statistic shows the growth in real gdp in dominican republic from 2014 to 2018, with projections up until 2024.
S dollars per person, for the latest year for which data is published. Gdp is the total value of all goods and services produced in a. 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. Dominican republic gross domestic product gdp growth. Regional ranking is the ranking of the country among surveyed countries of the same region, based on their dare index score. 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. The gross domestic product gdp per capita is the national output, divided by the population, expressed in u. The economy of the dominican republic is the eighth largest in latin america, and is the. 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. The information regarding gdp per capita ppp on this page is republished from the cia world factbook 2020.
Peer economic development group ranking is the ranking of the country among peer countries by income per capita, based on their dare index score. Dominican republic gdp per capita ppp economy indexmundi. List of countries by gdp ppp per capita growth rate. On the whole, ppp per capita figures are more narrowly spread than nominal gdp per capita figures. 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. Dominican republic, barbados and haiti, along with overseas territories and departments in the caribbean was not included in the world banks report. Hci and gdp per capita ppp log scale, horizontal axis. Gdp nominal and gdp ppp per capita of north american countries by imf. The statistic shows gross domestic product gdp per capita in dominican republic from 1984 to 2018, with projections up until 2024. 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.
The description is composed by our digital data assistant. The gross domestic product per capita in dominican republic was last recorded at 7750. This is a list of countries of the world sorted by their gross domestic product gdp per capita. Latest official gdp figures published by the world bank. Dominican republic vs united states economy stats compared. 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. Kitts and nevis ranks fourth in caribbean in gdp per. Dominican republic gdp per capita 19602020 macrotrends. Dominican republic gdp per capita 19602018 data 2019.
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