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Economy of Dominican Republic vs Gabon compared: GDP & Debt

Updated on by Georank team

The Dominican Republic has a GDP of $124B compared to $20.9B for Gabon, ranking 63/197 and 127/197 by economy size, respectively.

The Dominican Republic has $73.1B in government debt (58.8% of GDP), compared to $15.2B (72.7% of GDP) in Gabon.

Dominican Republic vs Gabon GDP by year

Dominican Republic
Gabon
1x
Year GDP, current $
Dominican Republic Gabon
2024 $124,282,245,639 $20,895,684,426
2023 $120,456,239,154 $19,388,372,071
2022 $113,478,087,135 $20,440,655,695
2021 $94,850,719,517 $19,444,935,097
2020 $78,546,672,407 $15,342,236,164
2019 $89,146,130,745 $16,874,405,465
2018 $84,994,732,049 $16,867,326,402
2017 $79,070,274,743 $14,929,487,485
2016 $75,552,902,636 $14,023,890,265
2015 $70,966,782,572 $14,383,107,763
2014 $67,014,329,100 $18,203,966,896
2013 $62,555,417,415 $17,595,744,798
2012 $60,561,635,556 $17,170,464,016
2011 $57,948,261,616 $18,210,307,744
2010 $53,801,053,353 $14,372,593,020
2009 $48,223,781,477 $12,113,699,068
2008 $48,091,433,554 $15,571,348,344
2007 $43,965,458,509 $12,455,409,587
2006 $37,879,830,084 $10,327,598,306
2005 $35,777,560,684 $9,582,783,991
2004 $22,322,387,382 $7,770,219,008
2003 $21,403,167,848 $6,511,903,365
2002 $27,137,440,786 $5,335,451,100
2001 $25,601,823,688 $5,023,265,413
2000 $24,305,780,629 $5,080,483,629
1999 $22,136,579,397 $4,662,992,036
1998 $21,672,215,547 $4,483,417,310
1997 $20,017,450,041 $5,326,817,115
1996 $18,241,622,548 $5,694,040,003
1995 $16,637,370,839 $4,958,845,648
1994 $14,644,734,599 $4,190,819,344
1993 $13,081,042,400 $4,378,645,081
1992 $11,605,382,504 $5,592,390,827
1991 $9,824,483,340 $5,402,919,785
1990 $7,073,675,545 $5,952,293,765
1989 $6,686,593,060 $4,186,411,464
1988 $5,374,299,981 $3,834,503,376
1987 $5,827,050,753 $3,281,797,043
1986 $6,122,128,558 $3,403,638,189
1985 $5,044,579,979 $3,339,914,757
1984 $11,594,000,000 $3,561,451,561
1983 $9,220,600,000 $3,391,275,732
1982 $8,267,400,000 $3,618,007,841
1981 $7,561,300,000 $3,862,269,121
1980 $6,761,300,000 $4,279,637,942
1979 $5,498,800,000 $3,030,251,120
1978 $4,734,400,000 $2,389,479,272
1977 $4,587,100,000 $2,809,349,069
1976 $3,951,500,000 $3,009,409,974
1975 $3,599,200,000 $2,157,592,940
1974 $2,925,700,000 $1,544,216,002
1973 $2,344,800,000 $722,780,701
1972 $1,987,400,000 $430,508,359
1971 $1,666,500,000 $381,687,073
1970 $1,485,500,000 $323,802,476
1969 $1,230,500,000 $318,124,701
1968 $1,079,100,000 $294,468,564
1967 $1,034,800,000 $271,543,680
1966 $983,900,000 $245,849,781
1965 $888,100,000 $226,474,286
1964 $1,025,599,900 $215,679,855
1963 $940,799,900 $154,480,244
1962 $824,100,000 $182,796,536
1961 $654,100,200 $167,637,907
1960 $672,399,700 $141,468,978

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Dominican Republic vs Gabon by year

Dominican Republic
GDP per capita

GDP per capita, PPP
Gabon
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominican Republic Gabon
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $10,876 $27,542 $8,230 $21,510
2023 $10,630 $25,840 $7,803 $20,756
2022 $10,104 $24,626 $8,409 $19,993
2021 $8,527 $22,053 $8,181 $18,524
2020 $7,135 $18,998 $6,606 $14,477
2019 $8,183 $19,767 $7,441 $15,950
2018 $7,883 $17,995 $7,624 $15,432
2017 $7,413 $16,846 $6,922 $14,797
2016 $7,160 $16,282 $6,677 $13,998
2015 $6,801 $14,804 $7,047 $14,306
2014 $6,496 $13,465 $9,201 $14,854
2013 $6,137 $12,414 $9,198 $14,498
2012 $6,014 $11,777 $9,297 $14,620
2011 $5,827 $11,695 $10,219 $14,784
2010 $5,479 $11,246 $8,357 $14,015
2009 $4,974 $10,382 $7,291 $13,384
2008 $5,024 $10,346 $9,689 $13,734
2007 $4,650 $9,951 $8,004 $14,391
2006 $4,055 $9,130 $6,847 $13,637
2005 $3,878 $8,215 $6,548 $14,028
2004 $2,452 $7,375 $5,466 $13,638
2003 $2,383 $7,098 $4,711 $13,564
2002 $3,066 $7,158 $3,966 $13,369
2001 $2,936 $6,848 $3,836 $13,556
2000 $2,831 $6,639 $3,983 $13,326
1999 $2,621 $6,305 $3,751 $13,629
1998 $2,608 $5,963 $3,700 $15,138
1997 $2,449 $5,618 $4,509 $14,837
1996 $2,271 $5,161 $4,943 $14,147
1995 $2,109 $4,871 $4,415 $13,750
1994 $1,892 $4,599 $3,828 $13,164
1993 $1,722 $4,474 $4,106 $12,757
1992 $1,558 $4,151 $5,386 $12,312
1991 $1,346 $3,722 $5,345 $12,760
1990 $989 $3,641 $6,051 $11,952
1989 $955 - $4,374 -
1988 $784 - $4,119 -
1987 $868 - $3,624 -
1986 $932 - $3,865 -
1985 $784 - $3,898 -
1984 $1,844 - $4,273 -
1983 $1,500 - $4,182 -
1982 $1,376 - $4,584 -
1981 $1,288 - $5,026 -
1980 $1,180 - $5,718 -
1979 $984 - $4,155 -
1978 $868 - $3,360 -
1977 $863 - $4,048 -
1976 $763 - $4,441 -
1975 $713 - $3,258 -
1974 $595 - $2,384 -
1973 $490 - $1,140 -
1972 $427 - $693 -
1971 $368 - $627 -
1970 $338 - $543 -
1969 $287.7 - $545 -
1968 $259.6 - $515 -
1967 $256.2 - $482 -
1966 $250.9 - $443 -
1965 $233.2 - $415 -
1964 $277.3 - $400 -
1963 $262.2 - $290.7 -
1962 $236.8 - $348 -
1961 $193.9 - $323 -
1960 $205.7 - $276.1 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

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

The Dominican Republic's GDP per capita is $10,876, ranking 83/197, compared to $8,230 in Gabon, ranking 93/197. Adjusted for purchasing power (GDP per capita PPP), the Dominican Republic ranks 76th at $27,542, while Gabon ranks 90th at $21,510.

Economic indicators

Dominican Republic Gabon
Gross domestic product
$124B
2024
$20.9B
2024
GDP rank
63/197
2024
127/197
2024
GDP growth
4.95%
2023-2024
3.39%
2023-2024
GDP per capita
$10,876
2024
$8,230
2024
GDP per capita rank
83/197
2024
93/197
2024
GDP per capita, PPP
$27,542
2024
$21,510
2024
GDP per capita PPP rank
76/197
2024
90/197
2024
Government debt
$73.1B
2024
$15.2B
2024
Debt-to-GDP ratio
58.8%
2024
72.7%
2024
Government debt per person
$6,394
2024
$5,985
2024
Government debt per person rank
71/185
2024
75/185
2024
Average annual personal income after taxes
$6,547
2026
$5,368
2026
Income share by richest 10%
29.5%
2024
27.7%
2017
Income share by poorest 10%
2.3%
2024
2.2%
2017
Government expenditure, % of GDP
19.5%
2024
24.8%
2024
Consumer prices inflation
3.3%
2023-2024
1.17%
2023-2024
Central bank interest rate
5.5%
2025
n/a
Unemployment rate
5.31%
2024
20.4%
2010
Population
11637906
2663339

Spending and national debt comparison by year

Dominican Republic
Spending

Debt
Gabon
Spending

Debt
1x
Year % of GDP
Dominican Republic Gabon
Government spending Government debt Government spending Government debt
2024 19.5% 58.8% 24.8% 72.7%
2023 19.1% 60.5% 21.5% 70.6%
2022 18.5% 59.6% 19.7% 65.6%
2021 18.4% 62.8% 17.3% 72.9%
2020 22.2% 71.8% 19.8% 83%
2019 17.8% 53.5% 17.4% 59.8%
2018 16.5% 50.8% 17.1% 62.3%
2017 17.3% 49.5% 18.1% 62.9%
2016 17% 46.7% 21.8% 64.5%
2015 16.7% 44.8% 22.3% 44.7%
2014 17% 45% 23.8% 34.1%
2013 18.5% 46.8% 34.7% 31.1%
2012 19.8% 42.4% 23.9% 21.4%
2011 16% 39.1% 22.1% 21.4%
2010 16.1% 37.4% 23.1% 21.3%
2009 16.2% 36.8% 22.6% 26%
2008 18.5% 33.6% 18.9% 20.1%
2007 16.3% 32.9% 19.4% 39.2%
2006 17% 36% 21.1% 34.9%
2005 15.5% 38.3% 20.8% 41.7%
2004 17.3% 34.3% 20.9% 60.3%
2003 17.2% 48.2% 21.2% 70.2%
2002 16.5% 21.5% 25.7% 81.1%
2001 14.9% 20.4% 27.8% 81%
2000 14.1% 16.7% 20.3% 72.5%
1999 13.4% 16% 25.5% 73.1%
1998 12.6% 13.2% 45.5% 87.6%
1997 13.2% 13.8% 29.7% 57%
1996 11.4% 23% 22.2% 64.5%
1995 11% 25.7% 25.1% 73.4%
1994 12.1% 28.5% 23.9% 71.3%
1993 13% 36.1% 26.9% 90.1%
1992 10.4% 38.5% 26.5% 87.9%
1991 8.65% 47.3% 25.1% 89.3%
1990 9.1% 84.7% 22.6% 90%
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-02-20).

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

In 2024, the Dominican Republic's government spending was $24.2B, accounting for 19.5% of its GDP, while Gabon spent $5.18B, or 24.8% of GDP.

Debt-to-GDP ratio is 58.8% in the Dominican Republic and 72.7% in Gabon, ranking 83/185 and 51/185, respectively.

Government deficit by year

Deficit/surplus
Dominican Republic

Gabon
1x
Year Deficit/surplus, % of GDP
Dominican Republic Gabon
2024 -3.09% -3.84%
2023 -3.28% 1.79%
2022 -3.25% -0.89%
2021 -2.92% -1.93%
2020 -7.94% -2.19%
2019 -3.46% 2.13%
2018 -2.17% -0.21%
2017 -3.12% -1.7%
2016 -3.11% -4.71%
2015 -0.03% -1.12%
2014 -2.76% 5.98%
2013 -4.41% -3.07%
2012 -6.26% 6.2%
2011 -3.07% 1.41%
2010 -2.97% 2.7%
2009 -2.9% 6.77%
2008 -3.43% 11%
2007 0.28% 8.06%
2006 -1.69% 8.67%
2005 -0.71% 7.98%
2004 -3.6% 6.99%
2003 -4.24% 7.75%
2002 -2.28% 3.72%
2001 -0.73% 4.07%
2000 -0.86% 11.1%
1999 -0.79% 1.11%
1998 -0.29% -13.1%
1997 -0.64% 1.41%
1996 0.14% 2.12%
1995 0.82% 2.64%
1994 -0.39% -1.53%
1993 -0.16% -5.35%
1992 2.35% -4.9%
1991 0.11% -2.03%
1990 0.39% -3.83%
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1996, retrieved 2026-02-20).

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

In 2024, the Dominican Republic's government deficit, the difference between spending and revenue, was $3.84B, equivalent to 3.09% of GDP. This compares to Gabon's deficit of $802M, or 3.84% of GDP.

Over the past 35 years, the Dominican Republic recorded a fiscal deficit in 29 of those years, while Gabon ran a deficit in 15 years. On average, the Dominican Republic posted an annual deficit equal to 2.01% of GDP, compared to surplus of 1.52% of GDP for Gabon.

Inflation comparison by year

Inflation
Dominican Republic

Gabon
1x
Year Consumer prices inflation
Dominican Republic Gabon
2024 3.3% 1.17%
2023 4.79% 3.63%
2022 8.81% 4.23%
2021 8.24% 1.09%
2020 3.78% 1.35%
2019 1.81% 2.46%
2018 3.56% 4.75%
2017 3.28% 2.65%
2016 1.61% 2.11%
2015 0.84% -0.34%
2014 3% 4.69%
2013 4.83% 0.51%
2012 3.69% 2.65%
2011 5.8% 1.26%
2010 6.33% 1.46%
2009 1.44% 1.89%
2008 10.6% 5.26%
2007 6.14% 5.03%
2006 7.57% -1.41%
2005 4.19% 3.71%
2004 51.5% 0.41%
2003 27.4% 2.24%
2002 5.22% 0.04%
2001 8.88% 2.14%
2000 7.72% 0.5%
1999 6.47% -1.94%
1998 4.83% 1.45%
1997 8.3% 3.97%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, the Dominican Republic has recorded an average annual inflation rate of 7.64%, compared with 2.03% in Gabon. In 2024, inflation was 3.3% in the Dominican Republic and 1.17% in Gabon.

Top exports between countries

Dominican Republic
Export category Export value
Gabon
Export category Export value
Wood & paper products $4.37M

Balance of trade

Dominican Republic Gabon
Current account balance
-$4.17B
2024
$141M
2015
Current account balance ranking
163/190
2024
66/190
2015
Current account balance, % of GDP
-3.35%
2024
+0.98%
2015
Goods imports
$29.8B
2024
$3.17B
2015
Goods exports
$13.9B
2024
$5.11B
2015
Service imports
$6.34B
2024
$1.88B
2015
Service exports
$14.7B
2024
$277M
2015
Imports of goods and services, % of GDP
29%
2024
27.5%
2024
Exports of goods and services, % of GDP
22.8%
2024
64.6%
2024

Economic freedom indices

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

Dominican Republic Gabon
Economic freedom 63.8 56.6
Economic freedom ranking 77/197 120/197
Property rights 53.9 30
Government integrity 39.8 22.6
Judicial effectiveness 58 19.9
Tax burden 84.4 76.5
Government spending 89.1 85.5
Fiscal health 76.6 87.9
Business freedom 71.4 63.6
Labor freedom 53.2 55.4
Monetary freedom 72.1 80.9
Trade freedom 67.4 57.4
Investment freedom 60 60
Financial freedom 40 40

Economic freedom comparison by year

Dominican Republic
Gabon
1x
Year Economic freedom index
Dominican Republic Gabon
2026 63.8 56.6
2025 64.3 56.3
2024 62.9 56.9
2023 62.6 56.1
2022 63 55.8
2021 62.1 58.1
2020 60.9 56.7
2019 61 56.3
2018 61.6 58
2017 62.9 58.6
2016 61 59
2015 61 58.3
2014 61.3 57.8
2013 59.7 57.8
2012 60.2 56.4
2011 60 56.7
2010 60.3 55.4
2009 59.2 55
2008 57.7 54.2
2007 56.8 54.8
2006 56.3 56.1
2005 55.1 54.8
2004 54.6 57.1
2003 57.8 58.7
2002 58.6 58
2001 59.1 55
2000 59 58.2
1999 58.1 60.5
1998 58.1 59.2
1997 53.5 58.8
1996 58.1 55.7
1995 55.8 57.5

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for the Dominican Republic is 63.8, ranking 77/197, compared to 56.6 for Gabon, ranking 120/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Dominican Republic Gabon
Services, % of GDP
59.8%
2024
36.8%
2024
Industry, % of GDP
28.7%
2024
52.9%
2024
Agriculture, forestry, and fishing, % of GDP
4.45%
2024
6.56%
2024
GNI, Atlas method
$117B
2024
$19.8B
2024
GNI per capita, PPP
$26,050
2024
$20,400
2024
Total reserves including gold
$13.5B
2024
$1.45B
2023
Total reserves ranking
71/177
2024
136/177
2023
Net foreign direct investment
-$4.52B
2024
-$25.3M
2015
Net inflows of foreign direct investment
$4.48B
2024
$1.14B
2024
Net outflows of foreign direct investment
-$47.3M
2024
-$33.8M
2019
Servicing debt to the IMF, % of GNI
5.62%
2024
5.67%
2024
Poverty at national poverty lines
19%
2024
33.4%
2017
Gross capital formation, % of GDP
27%
2024
19.1%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1996, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. TradeMap (2023, retrieved 2026-02-08)

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.