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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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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