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Over the last two decades, the Dominican Republic have been standing out as one of the fastest economies in the Americas. The DR remains the most rapid economy in the region in 2014 and 2015, with a real GDP growth at 7 percent.
- Dominican Republic - The economy - The World Bank
The growth prospects of the Dominican economy greatly...
- Dominican Republic - The economy - The World Bank
Find Dominican Republic’s latest economic outlook here - with historical data, analysis and expert forecasts from the world’s leading economists.
The Dominican Republic has consistently ranked among the fastest-growing economies in Latin America and the Caribbean, boasting an average growth rate of 5.4% from 2005 to 2022. However, after a robust recovery in 2022, GDP growth slowed to 2.4% in 2023.
12 Νοε 2024 · Since then, regular competitive elections have been held. Visit the Definitions and Notes page to view a description of each topic. Caribbean, eastern two-thirds of the island of Hispaniola, between the Caribbean Sea and the North Atlantic Ocean, east of Haiti. 19 00 N, 70 40 W. Central America and the Caribbean. comparison ranking: total 131.
1 Οκτ 2011 · The growth prospects of the Dominican economy greatly depended on how well the government manages and uses the economic resources under its control - the industrial enterprises, the agricultural lands and the large budget. The government which came into power in February 1963 was elected on a platform giving strong emphasis to economic and ...
12 Νοε 2024 · Spain and France colonized and divided the island of Hispaniola. The western third became Haiti, and the remainder became the Dominican Republic in 1844. Dominicans voluntarily returned to the Spanish Empire, but two years later, they launched a war that restored independence in 1865.
22 Δεκ 2021 · Economic overview. The Dominican Republic was for most of its history primarily an exporter of sugar, coffee, and tobacco, but over the last three decades the economy has become more diversified as the service sector has overtaken agriculture as the economy's largest employer, due to growth in construction, tourism, and free trade zones.