Dominican Republic 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$121.44 billion
↑ 6.96% vs 2022GDP per Capita
$10,717.63
↑ 6.02% vs 2022GDP Growth (Annual %)
2.36%
↓ 2.50pp vs 2022Inflation Rate (CPI %)
4.79%
↓ 4.03pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $113.54 billion | $121.44 billion | +6.96% |
| GDP per Capita | $10,109.52 | $10,717.63 | +6.02% |
| GDP Growth (Annual %) | 4.86% | 2.36% | -2.50pp |
| Inflation (CPI %) | 8.81% | 4.79% | -4.03pp |
| Unemployment Rate (%) | 5.50% | 5.56% | +0.05pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $121.44 billion
- GDP per Capita
- $10,717.63
- GDP Growth (Annual %)
- 2.36%
- Gross National Income
- $116.01 billion
Prices & Employment
- Inflation (CPI %)
- 4.79%
- Inflation (GDP Deflator %)
- 6.42%
- Unemployment Rate (%)
- 5.56%
- Interest Rate (Real %)
- 7.53%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -3.60%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Dominican Republic's Gross Domestic Product (GDP) is $121.44 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Dominican Republic for 2023 is $10,717.63. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Dominican Republic for 2023 is 4.79%. This measures the annual percentage change in the cost of consumer goods and services.
Dominican Republic's annual GDP growth rate for 2023 is 2.36%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Dominican Republic for 2023 is 5.56%. This represents the percentage of the labor force that is unemployed and actively seeking employment.