Dominican Republic

Official Name: The Dominican Republic
Sovereign Status: Sovereign Country
Government Type: Presidential Republic
Official Name (Local Language): Republica Dominicana
ISO Country Codes: DO : DOM
Internet Domain: .do
Government Web Site:
Capital: Santo Domingo Main Airports: Las Américas International Airport
Language(s): Spanish Population: 10,597,348
Currency: Dominican Republic Peso ISO Currency Code: DOP
Telephone Dial In: +1 809, 829, 849 ID Prefix: 011

Dominican Republic

Government Website:
Sovereign Ratings:
Central Bank: Banco Central de la República Dominicana
Currency USD Exchange Rate: 47.42 Dominican pesos (DOP) per US dollar (2017 est.)
Unemployment Rate: 5.1% (2017 est.)
Population below poverty line: 30.5% (2016 est.)
Inflation Rate: 1.8% (2019 est.)
Prime Lending Rate: 15.40% (2017 - World Bank)
GDP: $88.956 billion (2019 est.)
GDP Pro Capita (PPP): $18,413 (2019 est.)
Currency Name: Dominican Republic Peso
Currency Code: DOP
World Bank Classification: Upper Middle Income

GDP Composition:

Agriculture: 5.1% cocoa, tobacco, sugarcane, coffee, cotton, rice, beans, potatoes, corn, bananas; cattle, pigs, dairy products, beef, eggs
Industry: 32.8% tourism, sugar processing, gold mining, textiles, cement, tobacco, electrical components, medical devices
Services: 62.2%

Source: Central Intelligence Agency Factbook

Financial Exchanges:
Stock & Securities Exchange: Bolsa de Valores de La República Dominicana ;

National Statistics Office:

Dominican Republic

Subject to Country Specific Sanctions? NO

The World Bank’s World Integrated Trade Solution

Business Language(s): Spanish
Customs & Excise: Dirección General de Aduanas
Development Bank(s): Development Bank of Latin America; Inter-American Development Bank;
National Standards Bureau: Instituto Dominicano para la Calidad
Competitive Ind’l Performance: 78/141 (2019) Corruption Perceptions Index: 137/180 (2020)
Ease of Doing Business: 115/190 (2019) Enabling Trade Index: 78/136 (2016)
Global Trade Alert Search ITC's Lega Carta
World Bank Logistics Performance Index

Export Credit & Insurance Show

Export Credit Agency: Caribbean Export Development Agency ;

Regional Trade Agreements & Organisations: