Dominican Republic GDP Growth Rate (2026)
The Dominican Republic has one of the Caribbean’s largest economies, supported by tourism, services, manufacturing, construction, and household consumption. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+3.7%
Annual real GDP growth
World Rank
#65
Out of 195 countries
Change vs 2025
+1.6 pp
2025: +2.1%
North America Rank
#4
Out of 23 countries
1. Dominican Republic GDP Growth Rate in 2026
Economic growth is supported by tourism, remittances, construction, investment, and consumer demand. External travel demand and financial conditions remain especially important.
2. Dominican Republic GDP Growth Rate Trends (1980–2026)
The country’s growth history has been shaped by tourism development, foreign investment, manufacturing, and strong domestic demand. Economic diversification has strengthened long-term performance.
3. Dominican Republic GDP Growth Rate (Historical Data)
| Year | GDP Growth Rate | Change (pp) |
|---|---|---|
| 2026 | +3.7% | +1.6 pp |
| 2025 | +2.1% | -2.9 pp |
| 2024 | +5.0% | +2.8 pp |
| 2023 | +2.2% | -3.0 pp |
| 2022 | +5.2% | -8.8 pp |
| 2021 | +14.0% | +21.9 pp |
| 2020 | -7.9% | -12.8 pp |
| 2019 | +4.9% | -2.2 pp |
| 2018 | +7.1% | +3.2 pp |
| 2017 | +3.9% | -2.8 pp |
| 2016 | +6.7% | -0.3 pp |
| 2015 | +7.0% | -0.1 pp |
| 2014 | +7.1% | +2.2 pp |
| 2013 | +4.9% | +2.1 pp |
| 2012 | +2.8% | -0.4 pp |
| 2011 | +3.2% | -5.2 pp |
| 2010 | +8.4% | +7.4 pp |
| 2009 | +1.0% | -2.3 pp |
| 2008 | +3.3% | -4.1 pp |
| 2007 | +7.4% | -1.8 pp |
| 2006 | +9.2% | -0.2 pp |
| 2005 | +9.4% | +6.8 pp |
| 2004 | +2.6% | +3.9 pp |
| 2003 | -1.3% | -5.8 pp |
| 2002 | +4.5% | +2.0 pp |
| 2001 | +2.5% | -2.2 pp |
| 2000 | +4.7% | -1.3 pp |
| 1999 | +6.0% | -0.7 pp |
| 1998 | +6.7% | -2.2 pp |
| 1997 | +8.9% | +2.9 pp |
| 1996 | +6.0% | +0.3 pp |
| 1995 | +5.7% | +3.1 pp |
| 1994 | +2.6% | -4.8 pp |
| 1993 | +7.4% | -3.8 pp |
| 1992 | +11.2% | +10.3 pp |
| 1991 | +0.9% | +6.4 pp |
| 1990 | -5.5% | -9.9 pp |
| 1989 | +4.4% | +2.2 pp |
| 1988 | +2.2% | -7.9 pp |
| 1987 | +10.1% | +6.6 pp |
| 1986 | +3.5% | +5.6 pp |
| 1985 | -2.1% | -3.4 pp |
| 1984 | +1.3% | -3.3 pp |
| 1983 | +4.6% | +2.9 pp |
| 1982 | +1.7% | -2.6 pp |
| 1981 | +4.3% | -3.7 pp |
| 1980 | +8.0% | — |
4. Dominican Republic GDP Growth Performance
Current Growth Rate
+3.7%
(2026 to 2026)
5-Year Average
+3.6%
(2022 to 2026)
10-Year Average
+4.0%
(2017 to 2026)
20-Year Average
+4.6%
(2007 to 2026)
The economy benefits from a dynamic tourism sector, infrastructure investment, and steady household demand. Foreign investment and remittances also provide important support.
5. Dominican Republic GDP Growth Rate vs North America and World
Dominican Republic
+3.7%
North America Average
+2.2%
World Average
+2.8%
0.0%
1.9%
3.7%
Annual real GDP growth (%)
Dominican Republic’s GDP growth rate is approximately
1.6 pp
above the
North America average
and
0.9 pp
above the world average.
6. Dominican Republic GDP Growth Rate Ranking in North America
| Rank | Country | GDP Growth Rate |
|---|---|---|
| #1 | Guatemala | +3.9% |
| #2 | Nicaragua | +3.8% |
| #3 | Panama | +3.8% |
| #4 | Dominican Republic | +3.7% |
| #5 | Costa Rica | +3.6% |
| #6 | El Salvador | +3.3% |
| #7 | Honduras | +3.3% |
| #8 | Dominica | +3.1% |
| #9 | Grenada | +3.1% |
7. Top 10 Fastest-Growing Countries in the World (2026)
8. GDP Growth Rate and Economy Size in Dominican Republic
Dominican Republic GDP (Nominal)
$136.1 Billion
(2026)
Dominican Republic GDP Growth Rate
+3.7%
(2026)
The Dominican Republic often grows faster than many Caribbean economies due to stronger diversification and investment. Its performance remains sensitive to tourism and external economic conditions.
Explore more:
Dominican Republic GDP
9. Dominican Republic GDP Growth Rate Forecast
The outlook depends on tourism, investment, construction, consumption, and global travel demand. External shocks and climate risks remain important challenges.
| Year | GDP Growth Rate | Change |
|---|---|---|
| 2027 | +4.4% | +0.7 pp |
| 2028 | +4.7% | +0.3 pp |
| 2029 | +4.9% | +0.2 pp |
| 2030 | +5.0% | +0.1 pp |
10. Dominican Republic GDP Growth Rate: Key Findings
Dominican Republic GDP growth rate is estimated at +3.7% in 2026.
It ranks #65 globally and #4 in North America by annual GDP growth rate.
The growth rate accelerated by 1.6 percentage points compared with 2025.
The 5-year average GDP growth rate is +3.6%.
The 10-year average GDP growth rate is +4.0%.
The current rate is 1.6 percentage points above the North America average.
The current rate is 0.9 percentage points above the world average.
The forecast GDP growth rate is +5.0% in 2030, 1.3 percentage points above the 2026 rate.
11. What Is GDP Growth Rate?
GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate
=
(Real GDPₜ − Real GDPₜ₋₁)
÷
Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.
12. Methodology and Data Sources
Primary Source:
International Monetary Fund (IMF)
Additional Source:
World Bank
Measure:
Annual percentage change in real GDP
Unit:
Percent (%)
Comparisons:
Year-to-year rate differences are shown in percentage points (pp)
Update Frequency:
Annually and when new forecasts are released
Last Updated:
September 2026
13. Dominican Republic GDP Growth Rate FAQs
Dominican Republic GDP growth rate is estimated at +3.7% in 2026.
Dominican Republic ranks #65 globally and #4 in North America by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +3.7% in 2026.
Dominican Republic GDP growth rate was +7.0% in 2015.
Dominican Republic GDP growth rate is 1.6 percentage points above the North America average.
15. Explore GDP Growth Rate
Disclaimer:
All data are estimates based on IMF, World Bank,
United Nations and related economic datasets.
Figures may differ from official national statistics.