The Dominican Republic vs Germany: Economic Indicators Comparison
Germany with a GDP of $3.9T ranked the 4th largest economy in the world, while the Dominican Republic ranked 67th with $85.6B. By GDP 5-years average growth and GDP per capita, Germany and the Dominican Republic ranked 136th vs 16th and 19th vs 85th, respectively.
Gross Domestic Product & Income
Stat | Dominican Republic | Germany |
---|---|---|
GDP | $85.6B | $3.9T |
GDP growth, 1 year | 7% | 1.5% |
GDP growth, 5-years average | 6.6% | 1.9% |
Population | 10.4M | 83.1M |
GDP per capita | $8.1k | $48k |
GDP per capita growth | 5.83% | 1.2% |
Purchasing Power Parity conversion factor | 22.46 | 0.76 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.45 | 0.9 |
GDP per capita, PPP adjusted | $18k | $53k |
GNI, Atlas method | $82.5B | $3.9T |
GNI per capita | $7.8k | $47k |
GNI, PPP adjusted | $180.1B | $4.5T |
GNI per capita, PPP adjusted | $17k | $55k |
Financial system and Human development
Stat | Dominican Republic | Germany |
---|---|---|
Income Tax Rate | 25% | 47.5% |
Corporate Tax Rate | 27% | 15.8% |
Inflation, consumer prices | 3.6% | 1.9% |
Inflation, GDP deflator | 4.1% | 1.5% |
Unemployment | 5.8% | 3.4% |
Economic Freedom Index | 60.9 | 73.5 |
Personal Freedom Index | 6.97 | 9.14 |
Human Freedom Index | 6.6 | 8.42 |
Property Rights Index | 55.8 | 80.5 |
Judical Effectiveness Index | 18.2 | 74.3 |
Business Freedom Index | 50.3 | 82.8 |
Fiscal Health Index | 82.4 | 92.9 |
Labor Freedom Index | 57.5 | 53 |
Investment Freedom Index | 70 | 80 |
Financial Freedom Index | 40 | 70 |
Trade Freedom Index | 76.6 | 86.4 |
Monetary Freedom Index | 73.5 | 76.7 |
Government Spending Index | 90.5 | 42.2 |
Tax Burden Index | 84.5 | 60.9 |
Government Integrity Index | 31.2 | 82.8 |
Corruption Perceptions Index | 30 | 80 |
Life expectancy at birth, years | 73.7 | 81 |
Suicide mortality rate, per 100,000 people | 9.9 | 13.6 |
Mortality caused by road traffic injury, per 100,000 people | 34.6 | 4.1 |
Intentional homicides, per 100,000 people | 11.3 | 1 |
International tourism, number of arrivals | 6.6M | 38.9M |
Government debt & reserves
Stat | Dominican Republic | Germany |
---|---|---|
Central government debt, % of GDP | 41.6% | 59.8% |
External debt stocks, % of GNI | 43.8% | N/A |
External debt stocks | $33.9B | N/A |
Short-term debt, % of total reserves | 27.4% | N/A |
Total debt service, % of exports and primary income | 15.1% | N/A |
Adjusted net savings including particulate emission damage, % of GNI | 17.3% | 14.1% |
Gross savings, % of GDP | 23.5% | 29.3% |
Gross capital formation, % of GDP | 25.8% | 21.8% |
Total reserves including gold | $7.7B | $198B |
Foreign direct investment net inflows | $2.7B | $105.3B |
Exports, imports and economic structure
Stat | Dominican Republic | Germany |
---|---|---|
Exports of goods and services, % of GDP | 23.6% | 47.4% |
Imports of goods and services, % of GDP | 28.5% | 41.3% |
Current account balance (balance of payments) | -$1.2B | $289.9B |
Revenue excluding grants, % of GDP | 15.2% | 28.5% |
Grants excluding technical cooperation, BoP | $105M | N/A |
Personal remittances received | $6.8B | $18B |
Industry including construction value added, % of GDP | 28.8% | 27.5% |
Agriculture, forestry and fishing value added, % of GDP | 5.1% | 0.8% |
Charges for the use of intellectual property, payments BoP | $157.7M | $15.6B |
Charges for the use of intellectual property, receipts BoP | N/A | $24.4B |
Expense, % of GDP | 15.7% | 28.2% |
Government Expenditure, % of GDP | 17.8% | 43.9% |