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Economy Dominican Republic
Flag of Dominican Republic Dominican Republic
Population: 8,833,634 (July 2004 est.)
Capital: Santo Domingo
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Tabular Data - The Dominican Economy

GDP : purchasing power parity - $52.71 billion (2003 est.)
GDP - Real Growth Rate : -0.7% (2003 est.)
GDP - Per Capita : purchasing power parity - $6,000 (2003 est.)
GDP - Composition By Sector : agriculture: 10.7%
industry: 31.5%
services: 57.8% (2003)
Population Below Poverty Line : 25%
Household Income or Consumption by Percentage : lowest 10%: 2.1%
highest 10%: 37.9% (1998)
Inflation Rate (Consumer Prices) : 27.5% (2003 est.)
Labor Force : 2.3 million - 2.6 million (2000 est.)
Labor Force - By Occupation : agriculture 17%, industry 24.3%, services and government 58.7% (1998 est.)
Budget : revenues: $2.601 billion
expenditures: $3.353 billion, including capital expenditures of $1.1 billion (2003 est.)
Industries : tourism, sugar processing, ferronickel and gold mining, textiles, cement, tobacco
Industrial Production Growth Rate : 2% (2001 est.)
Electricity - Production : 9.186 billion kWh (2001)
Electricity - Production by Source : fossil fuel: 92%
hydro: 7.6%
nuclear: 0%
other: 0.4% (2001)
Electricity - Consumption : 8.543 billion kWh (2001)
Agriculture - Products : sugarcane, coffee, cotton, cocoa, tobacco, rice, beans, potatoes, corn, bananas; cattle, pigs, dairy products, beef, eggs
Exports : $5.524 billion f.o.b. (2003 est.)
Exports - Commodities : ferronickel, sugar, gold, silver, coffee, cocoa, tobacco, meats, consumer goods
Exports - Partners : US 84.4%, Canada 1.7%, Haiti 1.5% (2003 est.)
Imports : $7.911 billion f.o.b. (2003 est.)
Imports - Commodities : foodstuffs, petroleum, cotton and fabrics, chemicals and pharmaceuticals
Imports - Partners : US 49.5%, Venezuela 11.3%, Mexico 4.4%, Colombia 4% (2003 est.)
Debt - External : $6.567 billion (2003 est.)
Economic Aid - Recipient : $239.6 million (1995)
Currency : Dominican peso (DOP)
Currency Code : DOP
Exchange Rates : Dominican pesos per US dollar - 30.8307 (2003), 18.6098 (2002), 16.9516 (2001), 16.415 (2000), 16.0331 (1999)
Fiscal Year : Calendar Year

Country References
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Data Source: Central Intelligence Agency 2004 World Factbook