GDP at market prices (constant 2010 US$), annual growth rate in Dominican Republic

Dominican Republic: GDP at market prices (constant 2010 US$), annual growth rate was 4.95 % change on previous year in 2024. ◆ Volatile

Latest (2024)
4.95 % change on previous year
Change on year
up 125.9%
World rank
45th
of 208 countries
All-time high
14.01 % change on previous year
in 2021
All-time low
-7.93 % change on previous year
in 2020
Years of data
54
1971–2024

GDP at market prices (constant 2010 US$), annual growth rate in Dominican Republic, 1971–2024

-10-5051015197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Dominican Republic recorded 4.95 % change on previous year for gdp at market prices (constant 2010 us$), annual growth rate in 2024.

Compared with earlier readings it is up 125.9% on the previous year and down 30.4% over ten years.

Over the whole period, gdp at market prices (constant 2010 us$), annual growth rate in Dominican Republic peaked at 14.01 % change on previous year in 2021 and was at its lowest, -7.93 % change on previous year, in 2020.

Dominican Republic ranks 45th of 208 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP at market prices (constant 2010 US$), annual growth rate in Dominican Republic, year by year

Annual values for GDP at market prices (constant 2010 US$), annual growth rate in Dominican Republic, 1971 to 2024.
Year % change on previous year Change
1971 10.87 % change on previous year
1972 10.39 % change on previous year -4.4%
1973 12.9 % change on previous year +24.1%
1974 6 % change on previous year -53.5%
1975 5.19 % change on previous year -13.5%
1976 6.73 % change on previous year +29.5%
1977 4.98 % change on previous year -25.9%
1978 2.14 % change on previous year -57.0%
1979 4.53 % change on previous year +111.7%
1980 7.97 % change on previous year +75.9%
1981 4.28 % change on previous year -46.3%
1982 1.7 % change on previous year -60.3%
1983 4.63 % change on previous year +172.4%
1984 1.25 % change on previous year -72.9%
1985 -2.12 % change on previous year -269.4%
1986 3.52 % change on previous year -265.9%
1987 10.12 % change on previous year +187.2%
1988 2.16 % change on previous year -78.7%
1989 4.4 % change on previous year +104.1%
1990 -5.45 % change on previous year -223.9%
1991 0.9446 % change on previous year -117.3%
1992 11.24 % change on previous year +1089.6%
1993 7.37 % change on previous year -34.4%
1994 2.59 % change on previous year -64.8%
1995 5.7 % change on previous year +119.7%
1996 5.96 % change on previous year +4.6%
1997 8.9 % change on previous year +49.3%
1998 6.71 % change on previous year -24.7%
1999 5.96 % change on previous year -11.2%
2000 4.65 % change on previous year -21.9%
2001 2.47 % change on previous year -46.9%
2002 4.49 % change on previous year +81.7%
2003 -1.35 % change on previous year -130.1%
2004 2.59 % change on previous year -291.6%
2005 9.43 % change on previous year +264.8%
2006 9.17 % change on previous year -2.8%
2007 7.42 % change on previous year -19.1%
2008 3.27 % change on previous year -55.9%
2009 1 % change on previous year -69.3%
2010 8.4 % change on previous year +737.2%
2011 3.19 % change on previous year -62.0%
2012 2.78 % change on previous year -13.0%
2013 4.93 % change on previous year +77.8%
2014 7.11 % change on previous year +44.1%
2015 6.99 % change on previous year -1.7%
2016 6.72 % change on previous year -3.8%
2017 3.93 % change on previous year -41.5%
2018 7.1 % change on previous year +80.4%
2019 4.89 % change on previous year -31.0%
2020 -7.93 % change on previous year -262.0%
2021 14.01 % change on previous year -276.7%
2022 5.24 % change on previous year -62.6%
2023 2.19 % change on previous year -58.1%
2024 4.95 % change on previous year +125.9%

Dominican Republic compared with similar countries

  • Dominican Republic's 4.95 % change on previous year is above the median for upper middle income countries, which is 3.34 % change on previous year, 1.5× the median. (58 countries reporting)
  • Dominican Republic's 4.95 % change on previous year is above the median for Latin America & Caribbean, which is 3.38 % change on previous year, 1.5× the median. (39 countries reporting)

Biggest year-on-year movements

Years where GDP at market prices (constant 2010 US$), annual growth rate in Dominican Republic changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1992 +1089.6% 0.9446 % change on previous year 11.24 % change on previous year
2010 +737.2% 1 % change on previous year 8.4 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 7.08 % change on previous year 2.14 % change on previous year 12.9 % change on previous year 9
1980s 3.79 % change on previous year -2.12 % change on previous year 10.12 % change on previous year 10
1990s 4.99 % change on previous year -5.45 % change on previous year 11.24 % change on previous year 10
2000s 4.31 % change on previous year -1.35 % change on previous year 9.43 % change on previous year 10
2010s 5.6 % change on previous year 2.78 % change on previous year 8.4 % change on previous year 10
2020s 3.69 % change on previous year -7.93 % change on previous year 14.01 % change on previous year 5

Countries ranked near Dominican Republic

  1. 42 Mali 5 % change on previous year compare
  2. 43 Burkina Faso 4.99 % change on previous year compare
  3. 44 China 4.98 % change on previous year compare
  4. 46 Bhutan 4.88 % change on previous year compare
  5. 47 Mongolia 4.86 % change on previous year compare
  6. 48 Guinea-Bissau 4.81 % change on previous year compare

See the full ranking of 208 places →

More population data for Dominican Republic

All data for Dominican Republic →

Frequently asked questions

What is gdp at market prices (constant 2010 us$), annual growth rate in Dominican Republic?
Gdp at market prices (constant 2010 us$), annual growth rate in Dominican Republic was 4.95 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp at market prices (constant 2010 us$), annual growth rate recorded in Dominican Republic?
The highest recorded value was 14.01 % change on previous year in 2021.
What is the lowest gdp at market prices (constant 2010 us$), annual growth rate recorded in Dominican Republic?
The lowest recorded value was -7.93 % change on previous year in 2020.
How does Dominican Republic rank for gdp at market prices (constant 2010 us$), annual growth rate?
Dominican Republic ranks 45th out of 208 countries with data for 2024.
Is gdp at market prices (constant 2010 us$), annual growth rate rising or falling in Dominican Republic?
Over the last ten years it is down 30.4%. The long-run trend across the full record is volatile.
Where does this Dominican Republic data come from?
The figures come from Statizoid (derived), published as part of GDP at market prices (constant 2010 US$), annual growth rate. Statizoid updates them automatically from the source API.

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GDP at market prices (constant 2010 US$), annual growth rate in Dominican Republic. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-at-market-prices-constant-2010-us-annual-growth-rate/dominican-republic/

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<a href="https://population.statizoid.com/stat/gdp-at-market-prices-constant-2010-us-annual-growth-rate/dominican-republic/">GDP at market prices (constant 2010 US$), annual growth rate in Dominican Republic</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP at market prices (constant 2010 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP at market prices (constant 2010 US$), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 9,896 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP at market prices (constant 2010 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.