Economy of the Dominican Republic |
Currency |
1 Dominican Peso (RD$) = 100 Centavos |
Fiscal year |
Calendar year |
Trade organisations |
WTO |
Statistics [1] |
GDP ranking |
68th by volume (at PPP) (2005); |
GDP |
$89.87 billion (2007 est.) |
GDP growth |
10.7% (2006 est.) |
GDP per capita |
$9,208 (2007 est.) |
GDP by sector |
agriculture (11.5%), industry (28.3% ), services (60.2%) (2007 est.) |
Inflation |
8.2% (2006 est.) |
Pop below poverty line |
25% (2006) |
Labour force |
3.896 million (2006 est.) |
Labour force by occupation |
services and government 58.7%, industry 24.3%, agriculture 17% (2006 est.) |
Unemployment |
15.5% (2007 est.) |
Main industries |
tourism, sugar processing, ferro nickel and gold mining, textiles, cement, tobacco |
Trading Partners [2] |
Exports |
$6.881 billion f.o.b. (2007 est.) |
Main partners |
U.S. 72.8%, U.K. 3.2%, Belgium 2.4% (2006) |
Imports |
$12.89 billion f.o.b. (2007 est.) |
Main Partners |
U.S. 46.9%,Venezuela 8.4%, Colombia 6.3%, Mexico 5.7%, (2006) |
Public Finances [3] |
Public debt |
45.6% of GDP (2006) |
External debt |
$8.634 billion (2006) |
Revenues |
$5.658 billion (2006) |
Expenses |
$6.119 billion, (2006) |
Economic aid |
$571.6 million (FY04 est.)[1][2] |
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