The Dominican Republic, a country in the Caribbean, boasts one of the region's most dynamic economies.[1] With a GDP (Gross Domestic Product) of approximately 127.356 billion[2] USD in 2024, it stands out as one of the largest economies in the Caribbean. The GDP per capita, a measure reflecting the average economic output per person, is around US$11,774,[2] highlighting the country's relative economic development compared to its Caribbean neighbors.
Administrative subdivisions
editSource:[3]
The Dominican Republic's ten administrative subdivisions each play a unique role in the nation's economy, with most having an industrial[4] and agricultural[4] base. Cibao Nordeste and Cibao Noroeste are both significant agricultural hubs, known for their production of rice, cocoa, and other agro-industrial products. Cibao Norte, combines strong agricultural outputs, including tobacco and coffee, with emerging industrial sectors. Cibao Sur focuses on rice and vegetable production, along with a growing industrial base. El Valle is predominantly agricultural, recognized for its coffee and bean production.
In contrast, Enriquillo features extensive banana and coffee plantations. Higüamo offers a diverse economic profile, balancing agriculture, livestock, and industrial activities. The most economically significant subdivision is Ozama, home to the capital city, Santo Domingo, and a center for finance, commerce, and services. Valdesia relies on agriculture, particularly sugar cane and livestock production. Lastly, Yuma stands out with its booming tourism sector, home to Punta Cana, the country's biggest tourism hub, supported by coastal resorts, alongside traditional agricultural activities. Each subdivision contributes uniquely to the Dominican Republic's economic[1] landscape.
Table
editData based on TelluBase Dominican Republic Fact Sheet 2023 data;[5] can be reranked or reordered by any relevant data.
| Rank | Administrative Subdivisions[6] | Nominal GDP Estimate (Billions) | GDP PPP Estimate (Billions) | Per Capita Estimate | PPP Per Capita Estimate | Population Estimate (Millions) | Year |
|---|---|---|---|---|---|---|---|
| 1 | Ozama | $42.9 | $84.2 | $9,900 | $19,500 | 4.31 | 2023 |
| 2 | Cibao Norte | $16.6 | $32.7 | $9,500 | $18,700 | 1.75 | 2023 |
| 3 | Valdesia | $9.5 | $18.6 | $7,900 | $15,500 | 1.20 | 2023 |
| 4 | Cibao Sur | $7.2 | $14.1 | $9,100 | $17,800 | 0.79 | 2023 |
| 5 | Yuma | $5.9 | $11.6 | $7,500 | $14,700 | 0.79 | 2023 |
| 6 | Cibao Nordeste | $5.8 | $11.5 | $8,500 | $16,600 | 0.69 | 2023 |
| 7 | Higüamo | $4.7 | $9.2 | $7,500 | $14,700 | 0.63 | 2023 |
| 8 | Cibao Noroeste | $3.4 | $6.7 | $7,600 | $14,900 | 0.45 | 2023 |
| 9 | Eriquillo | $2.8 | $5.6 | $6,900 | $13,600 | 0.41 | 2023 |
| 10 | El Valle | $2.1 | $4.1 | $6,900 | $13,500 | 0.30 | 2023 |
References
edit- ^ a b "Banco Central de la República Dominicana". www.bancentral.gov.do. Retrieved 2024-08-03.
- ^ a b "Report for Selected Countries and Subjects". IMF. Retrieved 2024-08-03.
- ^ World FactBook, CIA. "CIA World Factbook - Dominican Republic". The World Factbook. CIA World Factbook. Retrieved 3 August 2024.
- ^ a b Estadística (ONE), Oficina Nacional de. "Oficina Nacional de Estadística (ONE)". Oficina Nacional de Estadística (ONE). Retrieved 2024-08-03.
- ^ TelluBase---Dominican Rep. Fact Sheet (Tellusant Public Service Series) (PDF). Tellusant. Retrieved 3 August 2024.
- ^ Provinces of the Dominican Republic. Wikipedia, Retrieved 3 August 2024