Dominican Republic

Country Summary

Introduction

Background

Spain and France colonized and divided the island of Hispaniola. The western third became Haiti, and the remainder became the Dominican Republic in 1844. Dominicans voluntarily returned to the Spanish Empire, but two years later, they launched a war that restored independence in 1865.

Geography

Area

total: 48,670 sq km
land: 48,320 sq km
water: 350 sq km

Climate

tropical maritime; little seasonal temperature variation; seasonal variation in rainfall

Natural resources

nickel, bauxite, gold, silver, arable land

People and Society

Population

10,790,744 (2023 est.)

Ethnic groups

mixed 70.4% (Mestizo/Indio 58%, Mulatto 12.4%), Black 15.8%, White 13.5%, other 0.3% (2014 est.)

Languages

Spanish (official)

Religions

Evangelical 50.2%, Roman Catholic 30.1%, none 18.5%, unspecified 1.2% (2023 est.)

Population growth rate

0.73% (2023 est.)

Government

Government type

presidential republic

Capital

name: Santo Domingo

Executive branch

chief of state: President Luis Rodolfo ABINADER Corona (since 16 August 2020); Vice President Raquel PENA de Antuna (since 16 August 2020); note - the president is both chief of state and head of government
head of government: President Luis Rodolfo ABINADER Corona (since 16 August 2020); Vice President Raquel PENA de Antuna (since 16 August 2020); note - the president is both chief of state and head of government

Legislative branch

description: bicameral National Congress or Congreso Nacional consists of:
Senate or Senado (32 seats; 26 members directly elected in single-seat constituencies by simple majority vote, and 6 members indirectly elected based upon province-wide party plurality votes for its candidates to the Chamber of Deputies; all members serve 4-year terms; note - in 2019, the Central Election Commission changed the electoral system for seats in26 constituencies to direct simple majority but retained indirect election for the remaining 6 constituencies; previously all 32 members were indirectly elected; the change had been challenged by the ruling and opposition parties)

House of Representatives or Camara de Diputados (190 seats; 178 members directly elected in multi-seat constituencies by closed party-list proportional representation vote using the D'Hondt method, 5 members in a nationwide constituency and 7 diaspora members directly elected by simple majority vote; members serve 4-year terms)

Economy

Economic overview

surging middle-income tourism, construction, mining, and telecommunications OECS economy; major foreign US direct investment and free-trade zones; developing local financial markets; improving debt management; declining poverty

Real GDP (purchasing power parity)

$217.143 billion (2022 est.)
$207.082 billion (2021 est.)
$184.447 billion (2020 est.)

Real GDP per capita

$19,300 (2022 est.)
$18,600 (2021 est.)
$16,800 (2020 est.)

Agricultural products

sugar cane, bananas, papayas, rice, plantains, milk, avocados, fruit, pineapples, coconuts

Industries

tourism, sugar processing, gold mining, textiles, cement, tobacco, electrical components, medical devices

Exports

$25.103 billion (2022 est.)
$20.601 billion (2021 est.)
$14.889 billion (2020 est.)

Exports - partners

United States 51%, Haiti 7%, Switzerland 7%, India 5%, Netherlands 3% (2021)

Exports - commodities

gold, medical instruments, cigars, low-voltage protection equipment, iron alloys, clothing (2021)

Imports

$36.36 billion (2022 est.)
$28.69 billion (2021 est.)
$20.302 billion (2020 est.)

Imports - partners

United States 42%, China 19%, Spain 3%, Brazil 3%, Mexico 3% (2021)

Imports - commodities

refined petroleum, cars, natural gas, jewelry, vaccines and cultures (2021)

Exchange rates

Dominican pesos (DOP) per US dollar -
Exchange rates:
55.141 (2022 est.)
57.221 (2021 est.)
56.525 (2020 est.)
51.295 (2019 est.)
49.51 (2018 est.)


Page last updated: Tuesday, April 16, 2024