Skip to content

Economy of Dominican Republic vs Ecuador compared: GDP & Debt

Updated on by Georank

The Dominican Republic has a GDP of $127B compared to $130B for Ecuador, ranking 65/197 and 64/197 by economy size, respectively.

The Dominican Republic has $75.2B in government debt (59% of GDP), compared to $70.9B (54.4% of GDP) in Ecuador.

Dominican Republic vs Ecuador GDP by year

Dominican Republic
Ecuador
1x
Year GDP, current $
Dominican Republic Ecuador
2025 $127,407,463,759 $130,320,560,400
2024 $124,282,245,639 $123,802,374,000
2023 $120,456,239,154 $120,792,801,000
2022 $113,478,103,598 $116,133,121,000
2021 $94,850,719,517 $107,179,074,000
2020 $78,546,672,407 $95,865,473,000
2019 $89,146,130,745 $107,595,830,000
2018 $84,994,732,049 $107,478,961,000
2017 $79,070,274,743 $104,467,486,000
2016 $75,552,902,636 $97,671,433,000
2015 $70,966,782,572 $97,209,558,000
2014 $67,014,329,100 $102,717,794,000
2013 $62,555,417,415 $96,570,334,000
2012 $60,561,635,556 $87,735,048,000
2011 $57,948,261,616 $78,986,648,000
2010 $53,801,053,353 $68,151,329,000
2009 $48,223,781,477 $60,094,978,000
2008 $48,091,433,554 $61,139,438,000
2007 $43,965,458,509 $49,848,725,000
2006 $37,879,830,084 $45,690,762,000
2005 $35,777,560,684 $40,278,849,000
2004 $22,322,387,382 $35,194,947,000
2003 $21,403,167,848 $30,965,208,000
2002 $27,137,440,786 $27,054,197,000
2001 $25,601,823,688 $23,127,055,000
2000 $24,305,780,629 $17,539,454,727
1999 $22,136,579,397 $19,645,272,636
1998 $21,672,215,547 $27,981,896,948
1997 $20,017,450,041 $28,162,053,027
1996 $18,241,622,548 $25,226,393,197
1995 $16,637,370,839 $24,432,884,442
1994 $14,644,734,599 $22,708,673,337
1993 $13,081,042,400 $18,938,717,359
1992 $11,605,382,504 $18,094,238,119
1991 $9,824,483,340 $16,988,535,268
1990 $7,073,675,545 $15,239,272,612
1989 $6,686,593,060 $13,890,823,705
1988 $5,374,299,981 $13,051,881,851
1987 $5,827,050,753 $13,945,426,859
1986 $6,122,128,558 $15,314,138,472
1985 $5,044,579,979 $17,149,088,413
1984 $11,594,000,000 $16,912,509,092
1983 $9,220,600,000 $17,152,477,037
1982 $8,267,400,000 $19,929,846,396
1981 $7,561,300,000 $21,810,759,354
1980 $6,761,300,000 $17,881,508,242
1979 $5,498,800,000 $14,175,160,902
1978 $4,734,400,000 $11,922,497,876
1977 $4,587,100,000 $11,026,342,618
1976 $3,951,500,000 $9,091,921,030
1975 $3,599,200,000 $7,731,674,472
1974 $2,925,700,000 $6,599,257,044
1973 $2,344,800,000 $3,891,754,150
1972 $1,987,400,000 $3,185,986,087
1971 $1,666,500,000 $2,754,219,271
1970 $1,485,500,000 $2,862,503,139
1969 $1,230,500,000 $3,112,165,727
1968 $1,079,100,000 $2,582,179,864
1967 $1,034,800,000 $2,553,595,172
1966 $983,900,000 $2,429,308,639
1965 $888,100,000 $2,387,047,396
1964 $1,025,599,900 $2,244,146,103
1963 $940,799,900 $1,824,343,871
1962 $824,100,000 $1,518,207,703
1961 $654,100,200 $1,753,850,955
1960 $672,399,700 $2,069,464,937

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/dominican-republic/ecuador | CC BY

GDP per capita in Dominican Republic vs Ecuador by year

Dominican Republic
GDP per capita

GDP per capita, PPP
Ecuador
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominican Republic Ecuador
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $11,059 - $7,125 -
2024 $10,876 $27,542 $6,827 $15,840
2023 $10,630 $25,840 $6,718 $15,919
2022 $10,104 $24,626 $6,516 $15,198
2021 $8,527 $22,053 $6,061 $13,507
2020 $7,135 $18,998 $5,464 $11,527
2019 $8,183 $19,767 $6,205 $12,543
2018 $7,883 $17,995 $6,304 $12,187
2017 $7,413 $16,846 $6,233 $11,793
2016 $7,160 $16,282 $5,918 $10,881
2015 $6,801 $14,804 $5,976 $10,878
2014 $6,496 $13,465 $6,406 $11,836
2013 $6,137 $12,414 $6,109 $11,296
2012 $6,014 $11,777 $5,634 $10,245
2011 $5,827 $11,695 $5,154 $9,769
2010 $5,479 $11,246 $4,520 $8,969
2009 $4,974 $10,382 $4,053 $8,662
2008 $5,024 $10,346 $4,195 $8,663
2007 $4,650 $9,951 $3,479 $8,112
2006 $4,055 $9,130 $3,244 $7,885
2005 $3,878 $8,215 $2,909 $7,457
2004 $2,452 $7,375 $2,586 $6,980
2003 $2,383 $7,098 $2,316 $6,475
2002 $3,066 $7,158 $2,059 $6,282
2001 $2,936 $6,848 $1,791 $5,999
2000 $2,831 $6,639 $1,382 $5,728
1999 $2,621 $6,305 $1,575 $5,638
1998 $2,608 $5,963 $2,284 $5,940
1997 $2,449 $5,618 $2,341 $5,793
1996 $2,271 $5,161 $2,136 $5,560
1995 $2,109 $4,871 $2,108 $5,469
1994 $1,892 $4,599 $1,997 $5,339
1993 $1,722 $4,474 $1,698 $5,112
1992 $1,558 $4,151 $1,655 $4,998
1991 $1,346 $3,722 $1,587 $4,887
1990 $989 $3,641 $1,455 $4,632
1989 $955 - $1,356 -
1988 $784 - $1,304 -
1987 $868 - $1,426 -
1986 $932 - $1,604 -
1985 $784 - $1,842 -
1984 $1,844 - $1,864 -
1983 $1,500 - $1,940 -
1982 $1,376 - $2,314 -
1981 $1,288 - $2,601 -
1980 $1,180 - $2,190 -
1979 $984 - $1,783 -
1978 $868 - $1,541 -
1977 $863 - $1,465 -
1976 $763 - $1,242 -
1975 $713 - $1,086 -
1974 $595 - $954 -
1973 $490 - $579 -
1972 $427 - $488 -
1971 $368 - $434 -
1970 $338 - $465 -
1969 $287.7 - $521 -
1968 $259.6 - $445 -
1967 $256.2 - $454 -
1966 $250.9 - $445 -
1965 $233.2 - $450 -
1964 $277.3 - $436 -
1963 $262.2 - $365 -
1962 $236.8 - $312 -
1961 $193.9 - $371 -
1960 $205.7 - $451 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

GeoRank.org/economy/dominican-republic/ecuador | CC BY

The Dominican Republic's GDP per capita is $11,059, ranking 83/197, compared to $7,125 in Ecuador, ranking 102/197. Adjusted for purchasing power (GDP per capita PPP), the Dominican Republic ranks 76th at $27,542, while Ecuador ranks 110th at $15,840.

Economic indicators

Dominican Republic Ecuador
Gross domestic product
$127B
2025
$130B
2025
GDP rank
65/197
2025
64/197
2025
GDP growth
2.12%
2024-2025
3.73%
2024-2025
GDP per capita
$11,059
2025
$7,125
2025
GDP per capita rank
83/197
2025
102/197
2025
GDP per capita, PPP
$27,542
2024
$15,840
2024
GDP per capita PPP rank
76/197
2024
110/197
2024
Government debt
$75.2B
2025
$70.9B
2025
Debt-to-GDP ratio
59%
2025
54.4%
2025
Government debt per person
$6,525
2025
$3,877
2025
Government debt per person rank
73/185
2025
94/185
2025
Average annual personal income after taxes
$7,179
2026
$6,605
2026
Market capitalization of domestic companies n/a
$747M
2000
Income share by richest 10%
29.5%
2024
35.1%
2025
Income share by poorest 10%
2.3%
2024
1.7%
2025
Government expenditure, % of GDP
19.3%
2025
38.4%
2025
Consumer prices inflation
3.87%
2024-2025
0.71%
2024-2025
Central bank interest rate
5.5%
2025
n/a
Unemployment rate
5.17%
2025
3.23%
2025
Population
11656588
18524711

Spending and national debt comparison by year

Dominican Republic
Spending

Debt
Ecuador
Spending

Debt
1x
Year % of GDP
Dominican Republic Ecuador
Government spending Government debt Government spending Government debt
2025 19.3% 59% 38.4% 54.4%
2024 19.5% 58.8% 38.3% 54.1%
2023 19.1% 60.5% 39.6% 54.5%
2022 18.5% 59.6% 38.9% 57.2%
2021 18.4% 62.8% 37.5% 61.8%
2020 22.2% 71.8% 40.2% 63.6%
2019 17.8% 53.5% 39.8% 52.1%
2018 16.5% 50.8% 40.9% 49.5%
2017 17.3% 49.5% 40.5% 47.4%
2016 17% 46.7% 44.1% 46.1%
2015 16.7% 44.8% 44.1% 36.4%
2014 17% 45% 45.9% 28.2%
2013 18.5% 46.8% 46.7% 23.4%
2012 19.8% 42.4% 43.2% 19.3%
2011 16% 39.1% 39.6% 18.6%
2010 16.1% 37.4% 35.4% 18.4%
2009 16.2% 36.8% 34.3% 19.7%
2008 18.5% 33.6% 35.6% 24.9%
2007 16.3% 32.9% 24.7% 29.6%
2006 17% 36% 21.7% 33.1%
2005 15.5% 38.3% 22% 35.8%
2004 17.3% 34.3% 21.3% 40.2%
2003 17.2% 48.2% 21.3% 47.2%
2002 16.5% 21.5% 22.8% 55%
2001 14.9% 20.4% 21.4% 63.8%
2000 14.1% 16.7% 24.3% 92.2%
1999 13.4% 16% 24.1% 105.2%
1998 12.6% 13.2% 21.5% 70.3%
1997 13.2% 13.8% 22% 61.5%
1996 11.4% 23% 22.7% 69.3%
1995 11% 25.7% 22% 70.5%
1994 12.1% 28.5% - -
1993 13% 36.1% - -
1992 10.4% 38.5% - -
1991 8.65% 47.3% - -
1990 9.1% 84.7% - -
1989 11.3% 62.5% - -
1988 12.8% 77% - -
1987 11.2% 86.9% - -
1986 10.4% 63.8% - -
1985 9.8% 66.3% - -
1984 9.32% 28.9% - -
1983 10.2% 32.9% - -
1982 10.2% 33.1% - -
1981 12.1% 29.8% - -
1980 12.8% 15.2% - -
1979 13.8% 24% - -
1978 12.3% 20.9% - -
1977 11.4% 16.4% - -
1976 12.5% 15.6% - -
1975 13.7% 13.1% - -
1974 14.6% 14.6% - -
1973 13.7% 14.6% - -
1972 14.1% 16.4% - -
1971 13.8% 17.8% - -
1970 13.3% 18% - -
1969 15.5% 17.4% - -
1968 15.5% 18.1% - -
1967 15% 16.2% - -
1966 15.2% 14.5% - -
1965 12.8% - - -
1964 16.7% - - -
1963 15.1% - - -
1962 15.7% - - -
1961 20% - - -
1960 20.1% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-07-08).

GeoRank.org/economy/dominican-republic/ecuador | CC BY

In 2025, the Dominican Republic's government spending was $24.6B, accounting for 19.3% of its GDP, while Ecuador spent $50B, or 38.4% of GDP.

Debt-to-GDP ratio is 59% in the Dominican Republic and 54.4% in Ecuador, ranking 80/185 and 92/185, respectively.

Government deficit by year

Deficit/surplus
Dominican Republic

Ecuador
1x
Year Deficit/surplus, % of GDP
Dominican Republic Ecuador
2025 -3.56% -2.88%
2024 -3.09% -1.28%
2023 -3.28% -3.49%
2022 -3.25% 0.04%
2021 -2.92% -1.59%
2020 -7.94% -7.38%
2019 -3.46% -3.47%
2018 -2.17% -2.8%
2017 -3.12% -5.77%
2016 -3.11% -10.3%
2015 -0.03% -6.87%
2014 -2.76% -8.11%
2013 -4.41% -8.17%
2012 -6.26% -2.83%
2011 -3.07% -0.13%
2010 -2.97% -1.39%
2009 -2.9% -3.71%
2008 -3.43% 0.57%
2007 0.28% 2.66%
2006 -1.69% 2.92%
2005 -0.71% 0.66%
2004 -3.6% 1.94%
2003 -4.24% 1.05%
2002 -2.28% 0.74%
2001 -0.73% 0.03%
2000 -0.86% -0.32%
1999 -0.79% -4.82%
1998 -0.29% -5.1%
1997 -0.64% -2.83%
1996 0.14% -3.44%
1995 0.82% -2.02%
1994 -0.39% -
1993 -0.16% -
1992 2.35% -
1991 0.11% -
1990 0.39% -
1989 -0.09% -
1988 -1.68% -
1987 -0.75% -
1986 -0.57% -
1985 -1.27% -
1984 -0.95% -
1983 -1.74% -
1982 -2.4% -
1981 -1.92% -
1980 -1.82% -
1979 -3.26% -
1978 -0.82% -
1977 0.15% -
1976 -0.22% -
1975 1.37% -
1974 -0.93% -
1973 -0.53% -
1972 -1.73% -
1971 -0.85% -
1970 -0.68% -
1969 -0.99% -
1968 -0.99% -
1967 -1.68% -
1966 -2.14% -
1965 -1.84% -
1964 -1.36% -
1963 -0.39% -
1962 -1.17% -
1961 -3% -
1960 -0.61% -
1959 -0.29% -
1958 -1.29% -
1957 0.21% -
1956 -0.05% -
1955 1.47% -
1954 1.43% -
1953 2.79% -
1952 0% -
1951 -2.58% -
1950 -3.66% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1996, retrieved 2026-07-08).

GeoRank.org/economy/dominican-republic/ecuador | CC BY

In 2025, the Dominican Republic's government deficit, the difference between spending and revenue, was $4.53B, equivalent to 3.56% of GDP. This compares to Ecuador's deficit of $3.76B, or 2.88% of GDP.

Over the past 31 years, the Dominican Republic recorded a fiscal deficit in 28 of those years, while Ecuador ran a deficit in 22 years. On average, the Dominican Republic posted an annual deficit equal to 2.46% of GDP, compared to deficit of 2.52% of GDP for Ecuador.

Inflation comparison by year

Inflation
Dominican Republic

Ecuador
1x
Year Consumer prices inflation
Dominican Republic Ecuador
2025 3.87% 0.71%
2024 3.3% 1.55%
2023 4.79% 2.22%
2022 8.81% 3.47%
2021 8.24% 0.13%
2020 3.78% -0.34%
2019 1.81% 0.27%
2018 3.56% -0.22%
2017 3.28% 0.42%
2016 1.61% 1.73%
2015 0.84% 3.97%
2014 3% 3.59%
2013 4.83% 2.72%
2012 3.69% 5.1%
2011 5.8% 4.47%
2010 6.33% 3.55%
2009 1.44% 5.16%
2008 10.6% 8.4%
2007 6.14% 2.28%
2006 7.57% 3.3%
2005 4.19% 2.17%
2004 51.5% 2.74%
2003 27.4% 7.93%
2002 5.22% 12.5%
2001 8.88% 37.7%
2000 7.72% 96.1%
1999 6.47% 52.2%
1998 4.83% 36.1%
1997 8.3% 30.7%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/dominican-republic/ecuador | CC BY

Over the past 29 years, the Dominican Republic has recorded an average annual inflation rate of 7.51%, compared with 11.4% in Ecuador. In 2025, inflation was 3.87% in the Dominican Republic and 0.71% in Ecuador.

Top exports between countries

Dominican Republic
Export category Export value
Chemicals & pharma $11.8M
Raw materials & minerals $11.1M
Machinery & equipment $5.19M
Processed food, beverages & tobacco $1.56M
Wood & paper products $1.01M
Metals $917K
Textiles & consumer goods $67K
Miscellaneous $28K
Precious metals & jewellery $4K
Raw agricultural goods $2K
Ecuador
Export category Export value
Processed food, beverages & tobacco $82.1M
Machinery & equipment $18.1M
Animal & marine products $10.7M
Chemicals & pharma $9.09M
Raw agricultural goods $7.48M
Textiles & consumer goods $7.4M
Metals $5.88M
Wood & paper products $5.61M
Raw materials & minerals $1.35M
Miscellaneous $821K

Balance of trade

Dominican Republic Ecuador
Current account balance
-$1.49B
2025
$7.7B
2025
Current account balance ranking
128/190
2025
28/190
2025
Current account balance, % of GDP
-1.17%
2025
+5.91%
2025
Goods imports
$29.8B
2025
$31.1B
2025
Goods exports
$16B
2025
$37.4B
2025
Service imports
$5.65B
2025
$6.22B
2025
Service exports
$14.4B
2025
$4.14B
2025
Imports of goods and services, % of GDP
27.9%
2025
27.9%
2025
Exports of goods and services, % of GDP
23.6%
2025
31.4%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Dominican Republic Ecuador
Economic freedom 63.8 55.6
Economic freedom ranking 77/197 127/197
Property rights 53.9 33.2
Government integrity 39.8 33
Judicial effectiveness 58 48.1
Tax burden 84.4 74.2
Government spending 89.1 54.9
Fiscal health 76.6 90.3
Business freedom 71.4 64.3
Labor freedom 53.2 56.9
Monetary freedom 72.1 76.3
Trade freedom 67.4 66.4
Investment freedom 60 30
Financial freedom 40 40

Economic freedom comparison by year

Dominican Republic
Ecuador
1x
Year Economic freedom index
Dominican Republic Ecuador
2026 63.8 55.6
2025 64.3 55.8
2024 62.9 55
2023 62.6 55
2022 63 54.3
2021 62.1 52.4
2020 60.9 51.3
2019 61 46.9
2018 61.6 48.5
2017 62.9 49.3
2016 61 48.6
2015 61 49.2
2014 61.3 48
2013 59.7 46.9
2012 60.2 48.3
2011 60 47.1
2010 60.3 49.3
2009 59.2 52.5
2008 57.7 55.2
2007 56.8 55.3
2006 56.3 54.6
2005 55.1 52.9
2004 54.6 54.4
2003 57.8 54.1
2002 58.6 53.1
2001 59.1 55.1
2000 59 59.8
1999 58.1 62.9
1998 58.1 62.8
1997 53.5 61
1996 58.1 60.1
1995 55.8 57.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/dominican-republic/ecuador | CC BY

The Economic Freedom Index for the Dominican Republic is 63.8, ranking 77/197, compared to 55.6 for Ecuador, ranking 127/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Dominican Republic Ecuador
Services, % of GDP
60.1%
2025
57%
2025
Industry, % of GDP
28.4%
2025
25.7%
2025
Agriculture, forestry, and fishing, % of GDP
4.6%
2025
9.7%
2025
GNI, Atlas method
$122B
2025
$126B
2025
GNI per capita, PPP
$26,980
2025
$16,290
2025
Total reserves including gold
$14.8B
2025
$9.8B
2025
Total reserves ranking
71/177
2025
79/177
2025
Net foreign direct investment
-$5.03B
2025
-$1.3B
2025
Net inflows of foreign direct investment
$4.48B
2024
$446M
2024
Net outflows of foreign direct investment
-$47.3M
2024
$0
2024
Servicing debt to the IMF, % of GNI
5.61%
2024
7.05%
2024
Poverty at national poverty lines
17.3%
2025
21.4%
2025
Gross capital formation, % of GDP
24.7%
2025
20.9%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/dominican-republic/ecuador | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–2000, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2021–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.