The Dominican Republic vs Haiti: Economic Indicators Comparison
The Dominican Republic with a GDP of $85.6B ranked the 67th largest economy in the world, while Haiti ranked 144th with $9.7B. By GDP 5-years average growth and GDP per capita, the Dominican Republic and Haiti ranked 16th vs 145th and 85th vs 176th, respectively.
Gross Domestic Product & Income
Stat | Dominican Republic | Haiti |
---|---|---|
GDP | $85.6B | $9.7B |
GDP growth, 1 year | 7% | 1.5% |
GDP growth, 5-years average | 6.6% | 1.6% |
Population | 10.4M | 11M |
GDP per capita | $8.1k | $868 |
GDP per capita growth | 5.83% | 0.2% |
Purchasing Power Parity conversion factor | 22.46 | 30.43 |
Price level ratio of PPP conversion factor GDP to market exchange rate | 0.45 | 0.47 |
GDP per capita, PPP adjusted | $18k | $1.9k |
GNI, Atlas method | $82.5B | $8.9B |
GNI per capita | $7.8k | $800 |
GNI, PPP adjusted | $180.1B | $20.9B |
GNI per capita, PPP adjusted | $17k | $1.9k |
Financial system and Human development
Stat | Dominican Republic | Haiti |
---|---|---|
Income Tax Rate | 25% | 30% |
Corporate Tax Rate | 27% | 30% |
Inflation, consumer prices | 3.6% | 13.5% |
Inflation, GDP deflator | 4.1% | 12.8% |
Unemployment | 5.8% | 13.5% |
Economic Freedom Index | 60.9 | 52.3 |
Personal Freedom Index | 6.97 | 7.33 |
Human Freedom Index | 6.6 | 7.04 |
Property Rights Index | 55.8 | 16.4 |
Judical Effectiveness Index | 18.2 | 23.3 |
Business Freedom Index | 50.3 | 33.6 |
Fiscal Health Index | 82.4 | 96.3 |
Labor Freedom Index | 57.5 | 62.3 |
Investment Freedom Index | 70 | 45 |
Financial Freedom Index | 40 | 30 |
Trade Freedom Index | 76.6 | 67 |
Monetary Freedom Index | 73.5 | 61.5 |
Government Spending Index | 90.5 | 89.4 |
Tax Burden Index | 84.5 | 80.2 |
Government Integrity Index | 31.2 | 22.3 |
Corruption Perceptions Index | 30 | 20 |
Life expectancy at birth, years | 73.7 | 63.3 |
Suicide mortality rate, per 100,000 people | 9.9 | 11.7 |
Mortality caused by road traffic injury, per 100,000 people | 34.6 | 15.1 |
Intentional homicides, per 100,000 people | 11.3 | 10 |
International tourism, number of arrivals | 6.6M | 447k |
Government debt & reserves
Stat | Dominican Republic | Haiti |
---|---|---|
Central government debt, % of GDP | 41.6% | 33% |
External debt stocks, % of GNI | 43.8% | 22.8% |
External debt stocks | $33.9B | $2.2B |
Short-term debt, % of total reserves | 27.4% | 0% |
Total debt service, % of exports and primary income | 15.1% | 1.2% |
Adjusted net savings including particulate emission damage, % of GNI | 17.3% | 17.6% |
Gross savings, % of GDP | 23.5% | 24.4% |
Gross capital formation, % of GDP | 25.8% | 29% |
Total reserves including gold | $7.7B | $2.4B |
Foreign direct investment net inflows | $2.7B | $105M |
Exports, imports and economic structure
Stat | Dominican Republic | Haiti |
---|---|---|
Exports of goods and services, % of GDP | 23.6% | 17.1% |
Imports of goods and services, % of GDP | 28.5% | 58.5% |
Current account balance (balance of payments) | -$1.2B | -$343M |
Revenue excluding grants, % of GDP | 15.2% | N/A |
Grants excluding technical cooperation, BoP | $105M | $790.3M |
Personal remittances received | $6.8B | $3.1B |
Industry including construction value added, % of GDP | 28.8% | 66.2% |
Agriculture, forestry and fishing value added, % of GDP | 5.1% | 18.9% |
Charges for the use of intellectual property, payments BoP | $157.7M | $577k |
Charges for the use of intellectual property, receipts BoP | N/A | $25.3M |
Expense, % of GDP | 15.7% | N/A |
Government Expenditure, % of GDP | 17.8% | 18.8% |