The national gross income per capita in the Dominican Republic increased by 630 U.S. dollars (+6.95 percent) in 2023 in comparison to the previous year. Therefore, the national gross income in the Dominican Republic reached a peak in 2023 with 9,700 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 DO: Proportion of People Living Below 50 Percent Of Median Income: % data was reported at 14.300 % in 2022. This records an increase from the previous number of 12.900 % for 2021. Dominican Republic DO: Proportion of People Living Below 50 Percent Of Median Income: % data is updated yearly, averaging 18.900 % from Dec 1986 (Median) to 2022, with 28 observations. The data reached an all-time high of 22.900 % in 1986 and a record low of 12.900 % in 2021. Dominican Republic DO: Proportion of People Living Below 50 Percent Of Median Income: % 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.WDI: Social: Poverty and Inequality. The percentage of people in the population who live in households whose per capita income or consumption is below half of the median income or consumption per capita. The median is measured at 2017 Purchasing Power Parity (PPP) using the Poverty and Inequality Platform (http://www.pip.worldbank.org). For some countries, medians are not reported due to grouped and/or confidential data. The reference year is the year in which the underlying household survey data was collected. In cases for which the data collection period bridged two calendar years, the first year in which data were collected is reported.;World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. For more information and methodology, please see http://pip.worldbank.org.;;The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than 2000 household surveys across 169 countries. See the Poverty and Inequality Platform (PIP) for details (www.pip.worldbank.org).

Dominican Republic DO: GDP: Growth: Adjusted Net National Income per Capita data was reported at 4.803 % in 2016. This records a decrease from the previous number of 9.965 % for 2015. Dominican Republic DO: GDP: Growth: Adjusted Net National Income per Capita data is updated yearly, averaging 3.531 % from Dec 1972 (Median) to 2016, with 45 observations. The data reached an all-time high of 15.953 % in 1980 and a record low of -13.530 % in 1976. Dominican Republic DO: GDP: Growth: Adjusted Net National Income per Capita 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.WDI: Gross Domestic Product: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted average;

Dominican Republic DO: GDP: Growth: GNI per Capita data was reported at 4.813 % in 2017. This records a decrease from the previous number of 4.954 % for 2016. Dominican Republic DO: GDP: Growth: GNI per Capita data is updated yearly, averaging 3.289 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 16.339 % in 1970 and a record low of -14.727 % in 1965. Dominican Republic DO: GDP: Growth: GNI per Capita 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: Annual Growth Rate. Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

Dominican Republic: Personal income tax rate: The latest value from is percent, unavailable from percent in . In comparison, the world average is 0 percent, based on data from countries. Historically, the average for Dominican Republic from to is 25 percent. The minimum value, 25 percent, was reached in 2013 while the maximum of 25 percent was recorded in 2013.

The gross national income per capita in the 'Economic Measures' segment of the macroeconomic indicators market in Peru was forecast to continuously increase between 2024 and 2029 by in total 1.7 thousand U.S. dollars (+21.28 percent). After the seventh consecutive increasing year, the indicator is estimated to reach 9.68 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 the Dominican Republic, Jamaica, and Panama.. The Statista Market Insights cover a broad range of additional markets.

24,480 (international dollars) in 2023. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. 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.

Dominik Cumhuriyeti: The cost of starting a business, % of income per capita: Dünya Bankası göstergesi için Dominik Cumhuriyeti hakkında 2003 - 2019 arası bilgi. Dominik Cumhuriyeti için bu döneme ait ortalama değer yüzde 20.64 percent of Gross National Income per capita con un mínimo de 13.7 percent of Gross National Income per capita en 2019 y un máximo de 31.1 percent of Gross National Income per capita en 2007.

Dominican Republic DO: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data was reported at 18.004 % in 2016. This records an increase from the previous number of 17.855 % for 2015. Dominican Republic DO: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: Latin America & The Caribbean data is updated yearly, averaging 22.667 % from Dec 1960 (Median) to 2016, with 46 observations. The data reached an all-time high of 44.664 % in 1984 and a record low of 1.009 % in 1961. Dominican Republic DO: Imports: Low- and Middle-Income Economies: % of Total Goods Imports: 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: Imports. Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports 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;

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 2024, workers in the Central American country enjoy a basic monthly wage of over 687 U.S. dollars, an increase of 1.83 percent compared to the previous year and over 100 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 three 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.

Dominican Republic DO: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Outside Region data was reported at 8.221 % in 2016. This records an increase from the previous number of 8.144 % for 2015. Dominican Republic DO: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Outside Region data is updated yearly, averaging 1.094 % from Dec 1960 (Median) to 2016, with 52 observations. The data reached an all-time high of 8.221 % in 2016 and a record low of 0.027 % in 1994. Dominican Republic DO: Exports: Low- and Middle-Income Economies: % of Total Goods Exports: Outside Region 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 outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed 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;

Belize scored 0.73 in the gender gap index area of economic participation and opportunity. This shows that women are at a 27 percent disadvantage in the economy in comparison to men. The country scored 0.71 in estimated earned income, which represents that, on average, women in Belize only earn 71 percent of the income earned by men. Along with Guatemala, and Dominican Republic, Belize had one of the worst gender gap index scores in Latin America and the Caribbean.

Dominican Republic DO: Cost of Business Start-Up Procedures: % of GNI Per Capita: Female data was reported at 14.500 % in 2017. This records a decrease from the previous number of 14.800 % for 2016. Dominican Republic DO: Cost of Business Start-Up Procedures: % of GNI Per Capita: Female data is updated yearly, averaging 19.400 % from Dec 2003 (Median) to 2017, with 15 observations. The data reached an all-time high of 31.100 % in 2007 and a record low of 14.500 % in 2017. Dominican Republic DO: Cost of Business Start-Up Procedures: % of GNI Per Capita: Female 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.WDI: Company Statistics. Cost to register a business is normalized by presenting it as a percentage of gross national income (GNI) per capita.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; Unweighted average; Data are presented for the survey year instead of publication year.

Dominican Republic DO: GNI per Capita: PPP: 2017 Price data was reported at 18,643.078 Intl $ in 2022. This records an increase from the previous number of 17,786.215 Intl $ for 2021. Dominican Republic DO: GNI per Capita: PPP: 2017 Price data is updated yearly, averaging 10,473.727 Intl $ from Dec 1990 (Median) to 2022, with 33 observations. The data reached an all-time high of 18,643.078 Intl $ in 2022 and a record low of 5,909.462 Intl $ in 1991. Dominican Republic DO: GNI per Capita: PPP: 2017 Price 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.WDI: Gross Domestic Product: Purchasing Power Parity. GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. 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. Data are in constant 2017 international dollars.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Weighted average;