Economy of Dominican Republic

Imports
Imports commoditiesfoodstuffs, petroleum, cotton and fabrics, chemicals and pharmaceuticals
Import partnersUS 43.3%, Venezuela 7.7%, China 6.3%, Mexico 5.3%, Colombia 4.1% (2012)
Exports
Exports commoditiesferronickel, sugar, gold, silver, coffee, cocoa, tobacco, meats, consumer goods
Export partnersUS 47%, Haiti 16.1%, China 4.3% (2012)
Economy sectors
Agriculture productssugarcane, coffee, cotton, cocoa, tobacco, rice, beans, potatoes, corn, bananas; cattle, pigs, dairy products, beef, eggs
Industrial productstourism, sugar processing, ferronickel and gold mining, textiles, cement, tobacco
Economy
Unemployment15.0 % (2013)14.3 % (2012)14.6 % (2011)
Unemployment of Dominican Republic
GDP - Official Exchange Rate59.3 Billion $ (2013)58.2 Billion $ (2012)55.4 Billion $ (2011)
GDP - Official Exchange Rate of Dominican Republic
GDP growth rate2.00 % (2013)3.90 % (2012)4.50 % (2011)
GDP growth rate of Dominican Republic
GDP per Capita (PPP)9,700 $ (2013)9,500 $ (2012)9,400 $ (2011)
GDP per Capita (PPP) of Dominican Republic
GDP - Purchasing Power Parity101 Billion $ (2013)97.7 Billion $ (2012)94.9 Billion $ (2011)
GDP - Purchasing Power Parity of Dominican Republic
GDP PPP per land area2.08 Million $ per square kilometer (2013)2.01 Million $ per square kilometer (2012)1.95 Million $ per square kilometer (2011)
GDP PPP per land area of Dominican Republic
ElectricityBanking
Commercial bank prime lending rate13.6 % (2013)15.5 % (2012)15.6 % (2011)
Commercial bank prime lending rate of Dominican Republic
GDP decomposition by sector
Agriculture % of GDP6.00 % (2013)6.00 % (2012)
Industry % of GDP29.1 % (2013)29.3 % (2012)
Services % of GDP64.9 % (2013)64.7 % (2012)
Tourism
International tourism, number of arrivals4.56 Million (2012)4.31 Million (2011)4.13 Million (2010)
International tourism, number of arrivals of Dominican Republic
International tourism, number of departures418 Thousand (2012)408 Thousand (2011)401 Thousand (2010)
International tourism, number of departures of Dominican Republic
Yearly Tourist arrivals to residents ratio45.2 % (2012)43.2 % (2011)41.2 % (2010)
Yearly Tourist arrivals to residents ratio of Dominican Republic
Debt, Current Account Balance and Budget Deficit
Public debt (Percentage of GDP)47.0 % of GDP (2013)41.5 % of GDP (2012)38.6 % of GDP (2011)
Public debt (Percentage of GDP) of Dominican Republic
Current Account Balance (Percentage of GDP)-6.85 % of GDP (2012)-7.90 % of GDP (2011)-8.49 % of GDP (2010)
Current Account Balance (Percentage of GDP) of Dominican Republic
External Debt Stocks (Percentage of GNI)29.7 % of GNI (2012)28.8 % of GNI (2011)26.9 % of GNI (2010)
External Debt Stocks (Percentage of GNI) of Dominican Republic
Short-term debt (percentage of total external debt)12.8 % of total external debt (2012)13.8 % of total external debt (2011)12.8 % of total external debt (2010)
Short-term debt (percentage of total external debt) of Dominican Republic
Current Account Balance (Total)-2.33 Billion $ (2013)-4.04 Billion $ (2012)-4.52 Billion $ (2011)
Current Account Balance (Total) of Dominican Republic
External Debt (Total)18.0 Billion $ (2013)16.3 Billion $ (2012)14.9 Billion $ (2011)
External Debt (Total) of Dominican Republic
External Debt (Percentage of GDP)30.4 % of GDP (2013)28.1 % of GDP (2012)26.8 % of GDP (2011)
External Debt (Percentage of GDP) of Dominican Republic
External Debt per Capita1,762 $ (2013)1,619 $ (2012)1,492 $ (2011)
External Debt per Capita of Dominican Republic