Dominican Republic GDP Per Capita 2024

[ Nominal GDP Per Capita in USD ]

Year -

$10,875.66

Source: world bank Nominal/PPP
Summary:

Dominican Republic GDP Per Capita expanded from 1960 to 2024, increasing from $205.73 to $10,875.66 .The compound annual growth rate (CAGR) averaged 6.4% over the period. The economy recorded its peak level in 2024 and its lowest level in 1961. Growth volatility remained high. The maximum drawdown reached 57.48%, indicating the largest cyclical decline from peak levels. The country experienced 7 recession episode(s) during the observed period.

Dominican Republic Annual GDP Per Capita From 1960 to 2024

Source: Worldbank Nominal PPP

NominalPPP
YearDollar $Net Chg $% ChgInt $Net Chg $% Chg
1960205.73-----
1961193.91-11.82-5.747 %---
1962236.8142.9122.127 %---
1963262.1925.3710.714 %---
1964277.315.115.763 %---
1965233.16-44.14-15.917 %---
1966250.8817.727.598 %---
1967256.215.332.125 %---
1968259.573.371.315 %---
1969287.728.1210.835 %---
1970337.6749.9717.368 %---
1971368.3530.689.086 %---
1972427.2258.8815.984 %---
1973490.3263.0914.768 %---
1974595.36105.0421.423 %---
1975713.17117.8119.788 %---
1976762.7849.616.956 %---
1977862.98100.213.136 %---
1978868.45.420.628 %---
1979983.74115.3413.282 %---
19801180.18196.4419.969 %---
19811288.47108.289.175 %---
19821376.2787.86.815 %---
19831499.96123.698.987 %---
19841843.52343.5722.905 %---
1985784.49-1059.04-57.446 %---
1986931.66147.1718.76 %---
1987868.09-63.57-6.824 %---
1988783.91-84.17-9.697 %---
1989954.9117121.814 %---
1990989.1634.253.587 %3640.94--
19911345.85356.6836.059 %3722.2181.282.232 %
19921558.3212.4515.786 %4150.91428.711.517 %
19931722.42164.1210.532 %4473.97323.067.783 %
19941891.67169.259.826 %4598.93124.962.793 %
19952109.17217.511.498 %4870.86271.945.913 %
19962270.87161.77.666 %5160.99290.135.956 %
19972448.89178.037.84 %5618.46457.488.864 %
19982607.85158.966.491 %5963.18344.726.136 %
19992620.8913.040.5 %6304.73341.555.728 %
20002831.46210.578.034 %6639.01334.285.302 %
20012935.89104.433.688 %6847.57208.563.141 %
20023065.6129.714.418 %7157.67310.094.529 %
20032383.26-682.34-22.258 %7097.56-60.11-0.84 %
20042451.6968.432.871 %7374.81277.263.906 %
20053878.311426.6258.189 %8215.03840.2211.393 %
20064055.14176.834.559 %9130.07915.0411.139 %
20074649.65594.514.66 %9951.13821.068.993 %
20085023.59373.948.042 %10345.81394.683.966 %
20094973.95-49.63-0.988 %10381.6235.820.346 %
20105478.62504.6710.146 %11245.68864.068.323 %
20115826.51347.896.35 %11694.66448.983.992 %
20126013.82187.313.215 %11776.6281.960.701 %
20136136.59122.772.042 %12413.91637.295.411 %
20146496.45359.865.864 %13464.791050.888.465 %
20156800.95304.54.687 %14804.11339.39.947 %
20167160.44359.495.286 %16282.191478.099.984 %
20177412.72252.273.523 %16846.21564.023.464 %
20187882.98470.276.344 %17994.841148.636.818 %
20198183.02300.033.806 %19766.761771.929.847 %
20207135.22-1047.79-12.804 %18998.31-768.46-3.888 %
20218527.081391.8519.507 %22053.463055.1516.081 %
202210104.241577.1718.496 %24625.812572.3511.664 %
202310630.43526.195.208 %25839.941214.134.93 %
202410875.66245.232.307 %27541.661701.736.586 %

Dominican Republic Economic Phases (1960 - 2024)

From 1960 to 2024, Dominican Republic economy moved through multiple cyclical phases marked by alternating periods of rapid expansion and contraction.

  • High Growth (1962–1964) indicating robust economic expansion
  • Expansion (1967–1968) indicating steady moderate growth
  • High Growth (1969–1977) indicating robust economic expansion
  • High Growth (1979–1984) indicating robust economic expansion
  • Contraction (1987–1988) indicating temporary slowdown
  • High Growth (1991–1998) indicating robust economic expansion
  • Expansion (2001–2002) indicating steady moderate growth
  • High Growth (2007–2008) indicating robust economic expansion
  • High Growth (2010–2011) indicating robust economic expansion
  • Expansion (2012–2013) indicating steady moderate growth
  • High Growth (2021–2023) indicating robust economic expansion
  • Expansion (2024–2024) indicating steady moderate growth

The most remarkable growth occurred in 2005 with an increase of 58.189%, while the largest decline was in 1985 at -57.446%.