I am curious to know the average medium income for the DR. I will be retiring from the US military in about 2 to 3 yrs and was curious about what to expect from my retirement income.
I am curious to know the average medium income for the DR. I will be retiring from the US military in about 2 to 3 yrs and was curious about what to expect from my retirement income.
I am curious to know the average medium income for the DR. I will be retiring from the US military in about 2 to 3 yrs and was curious about what to expect from my retirement income.
1. That figure is nominal and of 2005, the figure I presented is on a purchasing power parity basis and of 2006. In fact, nominal per capita GDP for 2006 was US$2,194 or RD$70,213 based on the CIA figures.Per Capita GDP in RD$ (2005): RD$97,968.
http://www.bancentral.gov.do/estadisticas_economicas/sector_real/pib_percapita_anual.xls
Nals, haven't I explained this to you on several occasions already? Please stop posting that cia.gov rubbish.
P.S. Even those numbers posted on the DR Central Bank website are exagerated due to the peg of the DR$ to the US$.
The OP asked for the per capita GDP of the DR and I complied with his request. The rest was simply for comparative purposes.With the greatest of respect, Nals, how is the comparative data going to help someone 'retiring from the US military in about 2 to 3 yrs and curious about what to expect from his retirement income'?
The population growth rate for the DR has been declining steadily for the past couple of decades.To begin with I think the population is grossly underestimated. Ever since I can remember the population seems to be around 8.5 to 9.0 million inhabitants and doesn't seem to change much. I think we reproduce a lot faster than that...
No one is debating such, but rather taking figures from various sources. In fact, all the figures presented here from the CIA comes from the Central Bank of the DR. In fact, that's how the CIA compiles its data set, its all based on what the governments of each of those countries present to them and when updated data is not presented, guess what? It's not updated.Mondongo said:==> The official statistic for DR GDP per capita comes from the DR Central Bank. It is RD$97,968 (2005 data). That is not debatable. The IMF uses this number.
No one in their right mind would invest anything based on what the IMF says either. In fact, investment climate is decided on various sources, including credit ratings, figures from the government on econ growth and stability, ROI figures, and data from CIA and IMF.Mondongo said:==> No-one in their right mind would ever put hard earned capital at risk by reading cia.gov. I can't believe I actually have to say that!
Hm. Let me quote myself:Mondongo said:==> Nals, PPP by definition, cannot be used to to estimate the per capita GDP in local currency. I can't believe I had to say that!
NALs said:That figure is nominal and of 2005, the figure I presented is on a purchasing power parity basis and of 2006. In fact, nominal per capita GDP for 2006 was US$2,194 or RD$70,213 based on the CIA figures.
How about "Look in the Mirror" by Rachel Little?Mondongo said:What's that Jethro Tull song?......"Thick as a brick"
I am curious to know the average medium income for the DR. I will be retiring from the US military in about 2 to 3 yrs and was curious about what to expect from my retirement income.