Here is a comprehensive comparison of the size of the Dominican economy vs. others in the region and the world. Every monetary figure is in US Dollars.
2004 estimated size of the global economy $55 trillion (that?s a lot of money!)
2004 estimated size of Dominican economy $55,680,000,000.
Dominican economy is 0.1% of the world?s economy.
2004 estimated size of the United States economy $12 trillion (the world?s largest)
Dominican economy is 0.46% of the size of the US economy.
69% of the world?s countries have economies that are smaller than the Dominican economy.
Dominican economy is the world?s 71st largest economy.
Dominican economy is the 10th largest economy in Latin America. Only the following countries/dependencies have larger economies than the DR (in economic ascending order):
Guatemala $59 billion
Puerto Rico $68 billion
Venezuela $145 billion
Peru $155 billion
Chile $169 billion
Colombia $281 billion
Argentina $483 billion
Mexico $1 Trillion
Brazil $1 Trillion
Santo Domingo metro area accounts for around 40% of the total Dominican economy or around $22 billion.
This makes the economy of the city of Santo Domingo alone roughly the size of the economy of Bolivia, the 107th largest economy of the world.
Thus, the economy of Santo Domingo alone is either at or bigger than the following select national economies of Latin America (in descending order):
Bolivia $22 billion
Panama $20 billion
Honduras $18 billion
Nicaragua $12 billion
Haiti $12 billion
Jamaica $11 billion
The Bahamas $5 billion
The economy of the city of Santo Domingo is larger than 54% of the world?s national economies.
Within the Caribbean archipelago region, the Dominican economy is the largest if we restrict to independent Caribbean nations, and the second largest if we include foreign dependencies, which would make Puerto Rico the largest at $68 billion.
The top 5 largest economy in the Caribbean (including dependencies) are:
Puerto Rico $68 billion
Dominican Republic $56 billion
Cuba $33 billion
Haiti $12 billion
Trinidad and Tobago $11 billion
Notice: The economy of the island of Hispaniola (Haiti and DR) is around $68 billion, roughly the size of Puerto Rico?s.
The top 5 largest economy in the Caribbean (excluding dependencies) are:
Dominican Republic $56 billion
Cuba $33 billion
Haiti $12 billion
Trinidad and Tobago $11 billion
Jamaica $11 billion
Notice, the Haitian economy is only 21% the size of the Dominican economy. Haiti and the Dominican Republic both have very close numbers of people, the DR is twice the size of Haiti in land mass, however, the Dominican economy is almost 5 times the size of Haiti?s and Santo Domingo?s economy alone is almost twice the size of Haiti?s national economy.
The economy of Santo Domingo alone at $22 billion is the Caribbean?s 4th largest economy, with only Cuba, Puerto Rico and the Dominican national economies being larger.
Excluding dependencies, Santo Domingo would be the 3rd largest economy in the Caribbean, with only Cuba and the Dominican national economies being larger.
The Dominican Republic is the 5th largest U.S. commercial partner in Latin America and
traded more goods with the United States last year than larger economies like Argentina, Chile and Peru, according to Latin Business Chronicle.
In terms of agriculture, the Dominican Republic is the 3rd largest market for US products in Latin America.
World?s economies source:
http://www.cia.gov/cia/publications/factbook/rankorder/2001rank.html
2004 estimated size of the global economy $55 trillion (that?s a lot of money!)
2004 estimated size of Dominican economy $55,680,000,000.
Dominican economy is 0.1% of the world?s economy.
2004 estimated size of the United States economy $12 trillion (the world?s largest)
Dominican economy is 0.46% of the size of the US economy.
69% of the world?s countries have economies that are smaller than the Dominican economy.
Dominican economy is the world?s 71st largest economy.
Dominican economy is the 10th largest economy in Latin America. Only the following countries/dependencies have larger economies than the DR (in economic ascending order):
Guatemala $59 billion
Puerto Rico $68 billion
Venezuela $145 billion
Peru $155 billion
Chile $169 billion
Colombia $281 billion
Argentina $483 billion
Mexico $1 Trillion
Brazil $1 Trillion
Santo Domingo metro area accounts for around 40% of the total Dominican economy or around $22 billion.
This makes the economy of the city of Santo Domingo alone roughly the size of the economy of Bolivia, the 107th largest economy of the world.
Thus, the economy of Santo Domingo alone is either at or bigger than the following select national economies of Latin America (in descending order):
Bolivia $22 billion
Panama $20 billion
Honduras $18 billion
Nicaragua $12 billion
Haiti $12 billion
Jamaica $11 billion
The Bahamas $5 billion
The economy of the city of Santo Domingo is larger than 54% of the world?s national economies.
Within the Caribbean archipelago region, the Dominican economy is the largest if we restrict to independent Caribbean nations, and the second largest if we include foreign dependencies, which would make Puerto Rico the largest at $68 billion.
The top 5 largest economy in the Caribbean (including dependencies) are:
Puerto Rico $68 billion
Dominican Republic $56 billion
Cuba $33 billion
Haiti $12 billion
Trinidad and Tobago $11 billion
Notice: The economy of the island of Hispaniola (Haiti and DR) is around $68 billion, roughly the size of Puerto Rico?s.
The top 5 largest economy in the Caribbean (excluding dependencies) are:
Dominican Republic $56 billion
Cuba $33 billion
Haiti $12 billion
Trinidad and Tobago $11 billion
Jamaica $11 billion
Notice, the Haitian economy is only 21% the size of the Dominican economy. Haiti and the Dominican Republic both have very close numbers of people, the DR is twice the size of Haiti in land mass, however, the Dominican economy is almost 5 times the size of Haiti?s and Santo Domingo?s economy alone is almost twice the size of Haiti?s national economy.
The economy of Santo Domingo alone at $22 billion is the Caribbean?s 4th largest economy, with only Cuba, Puerto Rico and the Dominican national economies being larger.
Excluding dependencies, Santo Domingo would be the 3rd largest economy in the Caribbean, with only Cuba and the Dominican national economies being larger.
The Dominican Republic is the 5th largest U.S. commercial partner in Latin America and
traded more goods with the United States last year than larger economies like Argentina, Chile and Peru, according to Latin Business Chronicle.
In terms of agriculture, the Dominican Republic is the 3rd largest market for US products in Latin America.
World?s economies source:
http://www.cia.gov/cia/publications/factbook/rankorder/2001rank.html