Changes in gdp per capita, world rank and continent rank, compare to world economy and continent economy. Dominican republic gdp per capita 19602020 macrotrends. The gdp per capita in dominican republic is equivalent to 61 percent of the worlds average. Conversely, for unemployment and inflation, a lower rank closer to 0% indicates a stronger economy. Dominican republic vs united states economy stats compared.
This page provides dominican republic gdp per capita ppp actual values, historical data, forecast, chart, statistics, economic calendar and news. Regional ranking is the ranking of the country among surveyed countries of the same region, based on their dare index score. Dominican republic gdp per capita, ppp data, chart. As the novel coronavirus spreads across the world, it is becoming increasingly. The information regarding gdp per capita ppp on this page is republished from the cia world factbook 2020. 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. 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, purchasing power parity, 2018 country rankings. Gdp nominal and gdp ppp per capita of north american countries by imf. Gdp per capita ppp 2014 country comparisons, ranks. 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 gross domestic product 2018. Dominican republic statistics, rankings, news us news. This is a list of countries of the world sorted by their gross domestic product gdp per capita.
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. The dominican republic gdp forecast 2017, economic data. List of countries by gdp nominal per capita simple. Dominican republic economy gdp, inflation, cpi and interest. The statistic shows the growth in real gdp in dominican republic from 2014 to 2018, with projections up until 2024. Gdp per capita ppp by year chart gdp per capita ppp rank chart gdp per capita ppp comparative map. The statistic shows gross domestic product gdp per capita in dominican republic from 1984 to 2018, with projections up until 2024. Among top 20 richest economies, per capita income of 17 economies is less in 2019 compare to previous year. Edit redirected from list of countries by gdp ppp per capita growth rate in 2017. No claims are made regarding the accuracy of gdp per capita ppp information contained here. Ranking of the country dominican republic at the global level is from the highest to the lowest data.
This page provides dominican republic gdp per capita actual values, historical data, forecast, chart, statistics, economic calendar and news. Gdp per capita is gross domestic product divided by midyear population. Gdp is the worth of all goods and services made in a country in a year. All africa antarctica australia oceania central america central asia east asiasoutheast asia europe middle east. This is a list of latin american and caribbean countries by gross domestic product nominal in usd according to the international monetary funds estimates in the october 2018 world economic outlook database cuba is not included in the list due to lack of economic data. Growth subsequently plummeted as part of the global economic slowdown. 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. List of countries by gdp ppp per capita growth rate. To facilitate benchmarking for outcomes, one ranking is offered. The dr remains the most rapid economy in the region in 2014 and 2015, with a real gdp growth at 7 percent. List of countries by gdp ppp per capita simple english. Over the last two decades, the dominican republic have been standing out as one of the fastest economies in the americas.
The who country health profile of dominican republic provides key statistics and links to health topical databases, plus news, features and bulletin journal articles. The dominican republic is an upper middleincome developing country primarily dependent on mining, agriculture, trade, and services. Gdp is the total value of all goods and services produced in a country in a year. The description is composed by our digital data assistant. Hci and gdp per capita ppp log scale, horizontal axis. 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. The information regarding gdp per capita ppp 2014 on this page is republished from the cia world factbook 2014. Conversely, for unemployment and inflation, a lower rank closer to. Gdp per capita in dominican republic real gdp per capita in. Kitts and nevis ranks fourth in caribbean in gdp per capita on oct 16, 20 cuopm the world bank is reporting that st. This page lists the countries of the world sorted by their gross domestic product per capita at. Gdp per capita in dominican republic averaged 3376. 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. 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.
Dominica gdp per capita ppp 19902018 data 20192020. Population economy trade health education development labor force environment crime. Dominican republic cost of living, internet speed, weather and other metrics as a place to work remotely for digital nomads. Dominican republic gross domestic product gdp growth. Countries by real gdp per capita ppp growth according to the world bank. Jan 03, 2020 the chart below lists the advanced economies only as per their gdp ppp per capita rank in the developed world. World gdp ppp per capita ranking developing countries. Purchasing power parity means how much money would be needed to buy the same item in two different countries. Oct 23, 2019 the statistic shows gross domestic product gdp per capita in dominican republic from 1984 to 2018, with projections up until 2024. The economy of the dominican republic is the eighth largest in latin america, and is the largest in the caribbean and central america region. This page is a list of the countries of the world by gross domestic product at purchasing power parity per capita, i. Gdp per capita ppp compares gdp on a purchasing power parity basis divided by population as of 1 july for the same year. Dollars the economy rediscovers a spring in its step in q3.
In order to calculate the gdp per capita of a particular area, the gdp of that location is divided by the total population size. Dominican republic gni per capita 19622020 macrotrends. 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. Gdp per capita ppp, 2010, is gross domestic product on a purchasing power parity basis divided by the population. 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. 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. 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. This is a list of countries of the world sorted by their gross domestic product gdp.
For example, dominican republics exports rank is higher than please wait. We show the gdp per capita in purchasing power parity ppp terms, i. No claims are made regarding the accuracy of dominican republic economy 2020 information contained here. Dominican republic gdp per capita usd focuseconomics. Kitts and nevis ranks fourth in caribbean in gdp per. Dominican republic, barbados and haiti, along with overseas territories and departments in the caribbean was not included in the world banks report. Gdp per capita ppp in dominican republic averaged 9577. 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. Gross domestic product of dominican republic grew 7% in 2018 compared to last year. Dominican republic leads caribbean economies global.
Suriname and ukraine are the highest gainer in world gdp nominal per capita ranking by improving theirs rank by 7 positions. The economy of the dominican republic is the eighth largest in latin america, and is the. Despite its strong growth and macroeconomic stability, the country has not witnessed significant welfare improvements, until very recently. World bank national accounts data, and oecd national accounts data files. Gdp per capita in dominican republic and other countries is calculated as the gross domestic product gdp divided by the population.
All suggestions for corrections of any errors about gdp per capita ppp 2014 should be addressed to the cia. The information regarding gdp per capita ppp on this page is republished from the cia world factbook 2018. Curated by knoemas data analysts to deliver leading shortterm and longterm indicators and forecasts from trusted sources for each of the covered industries. Gross domestic product gdp per capita in dominican. No claims are made regarding theaccuracy of gdp per capita ppp 2014 information contained here. The percentage change in gdp per capita for the latest 5 years for which data is published. The gdp per capita, in dominican republic, when adjusted by purchasing power parity is equivalent to 89 percent of the worlds average.
Gdp per capita in dominican republic real gdp per capita. Sep 06, 20 the rank of dominican republic from the poorest countries is 96th and from the richest is 108 with gdp per capita using atlas method in 20. S dollars per person, for the latest year for which data is published. 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. Gdp per capita of dominican republic increased from 2,675 us dollars in 1999 to 8,341 us dollars in 2018 growing at an average annual rate of 6.
Dominican republic gdp per capita 19602018 data 20192020. We have used the publicly available data from international monetary fund imf to rank the countries. 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. Dominican republic gross domestic product gdp per capita. Such fluctuations change a countrys ranking from one year to the next, even though they often make little or no.
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. List of latin american and caribbean countries by gdp. Dominican republic gdp per capita based on ppp, 19802019. Dominican republic gdp per capita 19602018 data 2019. Dominican republic statistics, rankings, news us news best. 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. 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.
The index measures the amount of human capital that a child born today can. Dominican republic gdp per capita ppp 19902018 data 2019. This entry gives the gross domestic product gdp or value of all final goods and services produced within a nation in a given year. 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. Dominican republic gdp per capita ppp 19902018 data. 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. See how dominican republic ranks in us news best countries.
The percentage change in real gdp per capita for the latest year for which data is published. Dominican republic gdp per capita ppp economy indexmundi. Gdp is the total value of all goods and services produced in a. Browse additional economic indicators and data sets, selected by global finance editors, to learn more about the. For example, dominican republic s exports rank is higher than please wait.
List of countries by gdp nominal per capita wikipedia. Ppp largely removes the exchange rate problem but not others. This page provides dominica gdp per capita ppp actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican republic economy 2020, cia world factbook. For exports, fdi and gdp measures, a higher rank closer to 100% indicates a stronger economy. 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. 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. The gross domestic product gdp per capita is the national output, divided by the population, expressed in u. The gross domestic product per capita in dominican republic was last recorded at 15821. It is considered to be a very important indicator of the economic strength of a country and a positive change is an.
The dominican republic dr has enjoyed strong economic growth in recent years, averaging 5. Purchasing power parity means how much money would be needed to. Below you will find the last recordings for the indicator. The average for 2018 based on 175 countries was 19574. Monaco and luxembourg are the leaders by the gdp per capita. Historical gdp per capita by country statistics from the. In 2018, gdp per capita for dominican republic was 8,341 us dollars. All suggestions for corrections of any errors about gdp per capita ppp should be addressed to the cia. Photos, statistics and additional rankings of dominican republic. The gross domestic product per capita in dominican republic was last recorded at 7750. On the whole, ppp per capita figures are more narrowly spread than nominal gdp per capita figures. The caribbean island of hispaniola, jointly occupied by haiti and the dominican republic, dominates this space station view of the earth. The dominican republic is a caribbean representative democracy which enjoyed gdp growth of more than 7% in 19982000.
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