Israel: GDP growth accelerates in Q3
Conflict continues to hamper activity despite acceleration: GDP growth sped up to 3.8% in seasonally adjusted annualized rate terms (SAAR)...
Economic Growth in Dominican Republic
The Dominican Republic recorded an average real GDP growth of 5.3% in the decade to 2022, well above the 1.9% average for Central America and the Caribbean. In 2022, the real GDP growth was 4.9%. For more GDP information, visit our dedicated page.
Dominican Republic GDP Chart
Note: This chart displays Economic Growth (GDP, annual variation in %) for Dominican Republic from 2014 to 2023.
Source: Macrobond.
Dominican Republic GDP Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Economic Growth (GDP, ann. var. %) | 5.1 | -6.7 | 12.3 | 4.9 | 2.4 |
| GDP (USD bn) | 88.8 | 78.8 | 94.5 | 114.0 | 121.8 |
| GDP (DOP bn) | 4,562 | 4,457 | 5,393 | 6,261 | 6,820 |
| Economic Growth (Nominal GDP, ann. var. %) | 7.7 | -2.3 | 21.0 | 16.1 | 8.9 |
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Dominican GDP projections for the next ten years from a panel of 18 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable GDP forecast available for Dominican GDP.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Dominican GDP projections.
Want to get access to the full dataset of Dominican GDP forecasts? Send an email to info@focus-economics.com.
Latest Global GDP News
-
-
Japan: GDP growth decelerates less than expected in Q3
Slowdown priced in: GDP growth moderated to 0.9% in seasonally adjusted annualized rate terms (SAAR) in the third quarter from... -
Slovakia: Economy posts slowest expansion in one-and-a-half years in Q3
GDP reading: According to a preliminary estimate, the Slovak economy lost further momentum in the third quarter, expanding 1.2% year... -
Cyprus: GDP growth improves in Q3
Economy accelerates to a near two-year high: According to a flash release, GDP growth edged up to 3.9% year on... -
Slovenia: GDP growth speeds up in the third quarter
GDP growth strengthens in Q3: GDP growth sped up to 1.4% year on year from 0.7% in the second quarter.... -
Netherlands: GDP growth eases in Q3
GDP growth slows but beats market expectations: The economy lost steam in the third quarter, with GDP expanding 0.8% on... -
Bulgaria: Economy records best reading since Q1 2023 in the third quarter
Economy accelerates but falls short of market expectations: According to a flash reading, the economy gained steam in Q3, with...