Official Name: | The Dominican Republic |
Sovereign Status: | Sovereign Country |
Government Type: | Presidential Republic |
Official Name (Local Language): | Republica Dominicana |
ISO Country Codes: | DO : DOM |
Internet Domain: | .do |
Government Web Site: | https://presidencia.gob.do/en |
Capital: | Santo Domingo | Main Airports: | Las Américas International Airport |
Language(s): | Spanish | Population: | 10,694,700 |
Currency: | Dominican Republic Peso | ISO Currency Code: | DOP |
Telephone Dial In: | +1 809, 829, 849 | ID Prefix: | 011 |
Government Website: | https://presidencia.gob.do/en |
Sovereign Ratings: | https://countryeconomy.com/ratings/dominican-republic |
Central Bank: | Banco Central de la República Dominicana |
Currency USD Exchange Rate: | 47.42 Dominican pesos (DOP) per US dollar (2017 est.) |
Unemployment Rate: | 5.1% (2017 est.) |
Population below poverty line: | 21% (2019 est.) |
Inflation Rate: | 1.8% (2019 est.) |
Prime Lending Rate: | 15.40% (2017 - World Bank) |
GDP: | $207.082 billion (2021 est.) |
GDP Pro Capita (PPP): | $18,600 (2021 est.) |
Currency Name: | Dominican Republic Peso |
Currency Code: | DOP |
World Bank Classification: | Upper-Middle-Income Economy |
GDP Composition:
Agriculture: | 5.1% | cocoa, tobacco, sugarcane, coffee, cotton, rice, beans, potatoes, corn, bananas; cattle, pigs, dairy products, beef, eggs |
Industry: | 32.8% | tourism, sugar processing, gold mining, textiles, cement, tobacco, electrical components, medical devices |
Services: | 62.2% |
Subject to Country Specific Sanctions? NO
The World Bank’s World Integrated Trade Solution
Business Language(s): | Spanish |
Customs & Excise: | Dirección General de Aduanas |
Development Bank(s): | Development Bank of Latin America; Inter-American Development Bank; |
National Standards Bureau: | Instituto Dominicano para la Calidad |
Competitive Ind’l Performance: 78/141 (2019) | Corruption Perceptions Index: 123/180 (2022 Rank) |
Ease of Doing Business: N/A | Enabling Trade Index: 78/136 (2016) |
Global Trade Alert | Search ITC's Lega Carta |
Export Credit Agency: Caribbean Export Development Agency ;
N/A
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