In 2023, the national gross income per capita in the Dominican Republic increased by 640 U.S. dollars (+7.06 percent) compared to 2022. Therefore, the national gross income in the Dominican Republic reached a peak in 2023 with 9,710 U.S. dollars. Gross national income (GNI) per capita is the total amount of money received by a country (regardless of whether it originates in the country or abroad) divided by the midyear population. The World Bank uses a conversion system known as the Atlas method, which uses a price adjusted, three year moving average, which smooths out exchange rate fluctuations.Find more statistics on other topics about the Dominican Republic with key insights such as share of value added by the manufacturing industry to the gross domestic product, share of value added by the services industry to gross domestic product, and value added by the services industry to the gross domestic product.

The gross national income per capita in the 'Economic Measures' segment of the macroeconomic indicators market in the Dominican Republic was forecast to continuously increase between 2024 and 2029 by in total four thousand U.S. dollars (+35.75 percent). After the seventh consecutive increasing year, the indicator is estimated to reach 15.2 thousand U.S. dollars and therefore a new peak in 2029. Notably, the gross national income per capita of the 'Economic Measures' segment of the macroeconomic indicators market was continuously increasing over the past years.Find more key insights for the gross national income per capita in countries like Cuba, Chile, and Haiti.. The Statista Market Insights cover a broad range of additional markets.

Dominican Republic: Personal income per capita, U.S. dollars: The latest value from is U.S. dollars, unavailable from U.S. dollars in . In comparison, the world average is 0 U.S. dollars, based on data from countries. Historically, the average for Dominican Republic from to is U.S. dollars. The minimum value, U.S. dollars, was reached in while the maximum of U.S. dollars was recorded in .

Dominican Republic DO: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 6,630.000 USD in 2017. This records an increase from the previous number of 6,390.000 USD for 2016. Dominican Republic DO: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 1,250.000 USD from Dec 1962 (Median) to 2017, with 56 observations. The data reached an all-time high of 6,630.000 USD in 2017 and a record low of 220.000 USD in 1962. Dominican Republic DO: GDP: USD: Gross National Income per Capita: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Dominican Republic – Table DO.World Bank: Gross Domestic Product: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

The Gross Domestic Product per capita in Dominican Republic was last recorded at 9168.29 US dollars in 2024. The GDP per Capita in Dominican Republic is equivalent to 73 percent of the world's average. This dataset provides - Dominican Republic GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, imports of goods, services and primary income for Dominican Republic was 41,318 million US dollars. Imports of goods, services and primary income of Dominican Republic increased from 1,011 million US dollars in 1974 to 41,318 million US dollars in 2023 growing at an average annual rate of 8.80%. Imports of goods, services and income is the sum of goods (merchandise) imports, imports of (nonfactor) services and income (factor) payments. Data are in current U.S. dollars.

Dominican Republic DO: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data was reported at 13.200 % in 2016. This records a decrease from the previous number of 16.489 % for 2015. Dominican Republic DO: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data is updated yearly, averaging 2.904 % from Dec 1960 (Median) to 2016, with 56 observations. The data reached an all-time high of 25.092 % in 2012 and a record low of 0.321 % in 1968. Dominican Republic DO: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Latin America & The Caribbean data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Dominican Republic – Table DO.World Bank: Exports. Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.; ; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; Weighted average;

Based on the degree of inequality in income distribution measured by the Gini coefficient, Colombia was the most unequal country in Latin America as of 2022. Colombia's Gini coefficient amounted to 54.8. The Dominican Republic recorded the lowest Gini coefficient at 37, even below Uruguay and Chile, which are some of the countries with the highest human development indexes in Latin America. The Gini coefficient explained The Gini coefficient measures the deviation of the distribution of income among individuals or households in a given country from a perfectly equal distribution. A value of 0 represents absolute equality, whereas 100 would be the highest possible degree of inequality. This measurement reflects the degree of wealth inequality at a certain moment in time, though it may fail to capture how average levels of income improve or worsen over time. What affects the Gini coefficient in Latin America? Latin America, as other developing regions in the world, generally records high rates of inequality, with a Gini coefficient ranging between 37 and 55 points according to the latest available data from the reporting period 2010-2023. According to the Human Development Report, wealth redistribution by means of tax transfers improves Latin America's Gini coefficient to a lesser degree than it does in advanced economies. Wider access to education and health services, on the other hand, have been proven to have a greater direct effect in improving Gini coefficient measurements in the region.

Costa Rica is the country with the highest minimum monthly wage in Latin America. According to the minimum salary established by law as of January 2025, workers in the Central American country enjoy a basic monthly wage of over 726 U.S. dollars, an increase of 2.37 percent compared to the previous year. They also earn over 200 U.S. dollars more than the second place, Uruguay. On the other side of the spectrum is Venezuela, where employees are only guaranteed by law a minimum salary of 130 bolívares or little more than 2.50 dollars per month. Can Latin Americans survive on a minimum wage? Even if most countries in Latin America have instated laws to guarantee citizens a basic income, these minimum standards are often not enough to meet household needs. For instance, it was estimated that almost 25 million people in Mexico lacked basic housing services. Salary levels also vary greatly among Latin American economies. In 2020, the average net monthly salary in Mexico was barely higher than Chile's minimum wage in 2021. What can a minimum wage afford in Latin America? Latin American real wages have generally risen in the past decade. However, consumers in this region still struggle to afford non-basic goods, such as tech products. Recent estimates reveal that, in order to buy an iPhone, Brazilian residents would have to work at least two months to be able to pay for it. A gaming console, on the other hand, could easily cost a Latin American worker several minimum wages.

Over the last two observations, the revenue is forecast to significantly increase in all regions. From the selected regions, the ranking by revenue in the esports market is forecast to be led by Brazil with 142.7 million U.S. dollars. In contrast, the ranking is trailed by the Dominican Republic with 2.95 million U.S. dollars, recording a difference of 139.75 million U.S. dollars to Brazil. Find further statistics on other topics such as a comparison of the ad spending in South America and a comparison of countries or regions regarding the average revenue per user. The Statista Market Insights cover a broad range of additional markets.