Dominican Republic GDP Growth
Annual percentage growth rate of GDP NY.GDP.MKTP.KD.ZG
Dominican Republic's gdp growth was 2.96% in 2025, ranked 91st globally. This represents a 40.2% decrease from 2024. Data from World Bank, covering 1961–2025.
Overview
Dominican Republic's gdp growth stood at 2.96% in 2025, a decline of +1.99pp from 2024. The IMF projects 2.96% by 2025. Dominican Republic ranked 91st globally.
Dominican Republic’s real GDP growth has moderated to 2.96 % in 2025, placing the economy at 91st in the world and slightly below peers such as Nicaragua (2.99 %) and Cyprus (2.95 %). The country’s growth trajectory spans 65 years, beginning with a contraction of –2.31 % in 1961 and reaching an all‑time peak of 18.23 % in 1970, a period driven by rapid industrialisation and tourism expansion. The deepest slump occurred in 1965, when output fell by –12.48 % amid political instability and external shocks. Since the 1970s, growth has settled into a more stable range, averaging around 3 % per annum, reflecting diversified services, remittances and modest manufacturing gains. Continued fiscal prudence, investment in renewable energy and higher value‑added exports could sustain the current upward trend, while external debt pressures or commodity price volatility would risk reversing the modest gains.
Data & projection
| Year | GDP Growth | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 4.98% | - | - |
| 2029* IMF | 4.98% | - | - |
| 2028* IMF | 5.02% | - | - |
| 2027* IMF | 4.91% | - | - |
| 2026* IMF | 4.53% | - | - |
| 2025* IMF | 2.96% | - | - |
| 2025 | 2.96% | −1.99pp | #91 |
| 2024 | 4.95% | +2.76pp | #43 |
| 2023 | 2.19% | −3.05pp | #129 |
| 2022 | 5.24% | −8.77pp | #77 |
| 2021 | 14.01% | +21.94pp | #13 |
| 2020 | -7.93% | −12.82pp | #154 |
| 2019 | 4.89% | −2.20pp | #53 |
| 2018 | 7.10% | +3.16pp | #15 |
| 2017 | 3.93% | −2.79pp | #82 |
| 2016 | 6.72% | −0.27pp | #25 |
| 2015 | 6.99% | −0.12pp | #19 |
| 2014 | 7.11% | +2.18pp | #23 |
| 2013 | 4.93% | +2.16pp | #64 |
| 2012 | 2.78% | −0.42pp | #108 |
| 2011 | 3.19% | −5.21pp | #117 |
Detected Pattern
Analysis
Dominican Republic matched the Orthodox Tightening Cycle pattern in 2004. Historically, 57% of countries showing this pattern (177 out of 311) saw gdp growth improve within 24 months. View full analysis →
Frequently Asked Questions
Dominican Republic's gdp growth was 2.96% in 2025. Ranked 91st globally. This represents a 40.2% decrease from the previous year.
Dominican Republic's gdp growth peaked at 18.23% in 1970.
The lowest gdp growth in Dominican Republic was -12.48% in 1965.
Dominican Republic ranks 91st globally in gdp growth as of 2025.
The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.
Dominican Republic's gdp growth is projected to reach 2.96% by 2025 based on IMF projection.
The gdp growth of Dominican Republic in 2025 was 2.96%. This ranks 91st in the world.
Cite this page
@misc{historysaid_dominican-republic_gdp-growth,
title = {Dominican Republic GDP Growth},
url = {https://historysaid.com/dominican-republic/gdp-growth/},
publisher = {HistorySaid},
year = {2026}
}