Information on the Dominican Republic
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Below we present a summary of information on the Dominican Republic relating to various aspects of the countries economy. Ideal for your school projects if nothing else!!!
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Kind regards
Ruth & Esther
1. Information on the Dominican Republic: GROSS DOMESTIC PRODUCT (GDP)
GDP (2000 est.): Purchasing power parity - $53.78 billion
GDP - real growth rate (2002 est.): 4.1%
GDP - per capita (2002 est.): Purchasing power parity - $6,300
GDP - composition by sector (2001):
Agriculture: 11%
Industry: 34%
Services: 55%
Population below poverty line: 25%
Household income or consumption by Percentage share (1998):
Lowest 10%: 2.1%
Highest 10%: 37.9%
Inflation rate (consumer prices 2002 est.): 5.3%
Labor force: approx 2.5 million
Labor force - by occupation (1998 est.):
agriculture 17%
industry 24.3%
Services and government 58.7%
Unemployment rate (2002 est.): 14.5%
Budget (2001 est.):
Revenues: $2.9 billion
Expenditures: $3.2 billion (including capital expenditures of $1.1 billion)
2. Information on the Dominican Republic: KEY INDUSTRIES
1)Tourism
2)Sugar processing
3)Ferronickel and gold mining
4)Textiles
5)Cement
6)Tobacco
Industrial production growth rate (2001 est.): 2%
Electricity production (2001): 9.186 billion kWh
Electricity - production by source (2001):
Fossil fuel: 92%
Hydro: 7.6%
Other: 0.4%
Nuclear: 0%
Electricity consumption (2001): 8.543 billion kWh
Oil consumption (2001 est.): 129,000 bbl/day
3. Information on the Dominican Republic: AGRICULTURE
Major agricultural products:
1)Sugarcane
2)Coffee
3)Cotton
4)Cocoa
5)Tobacco
6)Rice
7)Beans
8)Potatoes
9)Corn
10)Bananas
11)Cattle
12)Pigs
13)Dairy products
14)Beef 15)Eggs
4. Information on the Dominican Republic: EXPORTS AND IMPORTS
4.1 Exports:
Exports (2002 est.): $5.3 billion f.o.b.
Exports - commodities:
1)Ferronickel
2)Sugar
3)Gold
4)Silver
5)Coffee
6)Cocoa
7)Tobacco
8)Meats
9)Consumer goods
Exports major partners (2002):
US - 85%,
Canada - 1.6%
UK - 1.6%
4.2 Imports:
Imports (2002 est.): $8.7 billion f.o.b.
Imports - commodities:
1)Foodstuffs
2)Petroleum
3)Cotton
4)And fabrics, chemicals and pharmaceuticals
Imports major partners (2002):
US 51.5%,
Venezuela 9.6%
Mexico 5.1%
Spain 4%
5. Information on the Dominican Republic: OTHER FINANCIAL STATS.
Debt external (2002 est.): $4.8 billion
Economic aid recipient (1995): $239.6 million
Currency: Dominican peso (DOP)
Currency code: DOP.
US $ Exchange rate (5 year variation):
Dominican pesos per US dollar
18.61 (2002)
16.95 (2001)
16.42 (2000)
16.03 (1999)
15.27 (1998)
Why not check TODAYS exchange rate for your currency
HERE.
Fiscal year: Calendar year
6. Information on the Dominican Republic: COMMUNICATIONS
Telephones - main lines in use (1997): 709,000
Telephones - mobile cellular (1997): 130,149
Domestic: Relatively efficient system based on island-wide microwave radio relay network.
International: 1 coaxial submarine cable; satellite earth station - 1 Intelsat (Atlantic Ocean)
Radio broadcast stations (1998): AM 120, FM 56, shortwave 4
Television broadcast stations (1997): 25
Internet country code: .do
Internet Service Providers - ISPs (2000): 24
Internet users (2002): 186,000
7. Information on the Dominican Republic: TRANSPORT
Railways: Total track: 1,503 km
Standard gauge (2002): 375 km 1.435-m gauge
(note: 986 km also operated by sugar companies in 1.076-m, 0.889-m, and 0.762-m gauges)
Narrow gauge: 142 km 0.762-m gauge
Highways: Total: 12,600 km
Paved: 6,224 km
Unpaved (1999): 6,376 km
Waterways: None
Pipelines: Crude oil 96 km; petroleum products 8 km
Ports and harbors:
1)Barahona
2)La Romana
3)Manzanillo
4)Puerto Plata 5)San Pedro de Macoris
6)Santo Domingo
Merchant marine (2002 est.):
Total: 1 ships (1,000 GRT or over) 1,587 GRT/1,165 DWT
ships by type: cargo 1
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