The Gross Domestic Product (GDP) in Dominican Republic contracted 7.20 percent in the third quarter of 2020 over the same quarter of the previous year. source: Central Bank of Dominican Republic
GDP Annual Growth Rate in Dominican Republic averaged 5.16 percent from 1992 until 2020, reaching an all time high of 14 percent in the second quarter of 1992 and a record low of -16.90 percent in the second quarter of 2020. This page provides - Dominican Republic GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic GDP Annual Growth Rate - values, historical data and charts - was last updated on March of 2021.
GDP Annual Growth Rate in Dominican Republic is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Dominican Republic to stand at 4.90 in 12 months time. In the long-term, the Dominican Republic GDP Annual Growth Rate is projected to trend around 3.70 percent in 2022, according to our econometric models.