Skip to content

Economy of Dominican Republic vs Malta compared: GDP & Debt

Updated on by Georank

The Dominican Republic has a GDP of $127B compared to $27.8B for Malta, ranking 65/197 and 118/197 by economy size, respectively.

The Dominican Republic has $75.2B in government debt (59% of GDP), compared to $13B (46.8% of GDP) in Malta.

Dominican Republic vs Malta GDP by year

Dominican Republic
Malta
1x
Year GDP, current $
Dominican Republic Malta
2025 $127,407,463,759 $27,771,821,561
2024 $124,282,245,639 $25,042,712,191
2023 $120,456,239,154 $22,625,329,776
2022 $113,478,103,598 $18,938,869,147
2021 $94,850,719,517 $19,730,119,031
2020 $78,546,672,407 $16,404,655,808
2019 $89,146,130,745 $16,337,788,881
2018 $84,994,732,049 $16,153,785,817
2017 $79,070,274,743 $14,161,374,599
2016 $75,552,902,636 $12,025,777,078
2015 $70,966,782,572 $11,340,789,706
2014 $67,014,329,100 $11,888,029,752
2013 $62,555,417,415 $10,796,780,874
2012 $60,561,635,556 $9,609,530,619
2011 $57,948,261,616 $9,789,363,086
2010 $53,801,053,353 $9,097,044,301
2009 $48,223,781,477 $8,769,897,418
2008 $48,091,433,554 $9,172,399,573
2007 $43,965,458,509 $7,908,412,374
2006 $37,879,830,084 $6,749,838,862
2005 $35,777,560,684 $6,393,234,965
2004 $22,322,387,382 $6,104,141,501
2003 $21,403,167,848 $5,418,315,225
2002 $27,137,440,786 $4,455,127,398
2001 $25,601,823,688 $4,070,867,153
2000 $24,305,780,629 $4,036,809,767
1999 $22,136,579,397 $4,111,857,836
1998 $21,672,215,547 $4,010,111,652
1997 $20,017,450,041 $3,787,023,655
1996 $18,241,622,548 $3,822,547,151
1995 $16,637,370,839 $3,709,396,089
1994 $14,644,734,599 $2,998,505,428
1993 $13,081,042,400 $2,709,193,538
1992 $11,605,382,504 $3,021,942,759
1991 $9,824,483,340 $2,750,216,747
1990 $7,073,675,545 $2,547,328,748
1989 $6,686,593,060 $2,118,655,677
1988 $5,374,299,981 $2,019,503,068
1987 $5,827,050,753 $1,751,293,461
1986 $6,122,128,558 $1,435,038,441
1985 $5,044,579,979 $1,117,797,439
1984 $11,594,000,000 $1,101,807,023
1983 $9,220,600,000 $1,165,729,707
1982 $8,267,400,000 $1,234,474,404
1981 $7,561,300,000 $1,243,509,394
1980 $6,761,300,000 $1,250,198,601
1979 $5,498,800,000 $1,001,288,847
1978 $4,734,400,000 $793,673,402
1977 $4,587,100,000 $625,563,171
1976 $3,951,500,000 $527,936,989
1975 $3,599,200,000 $474,618,321
1974 $2,925,700,000 $376,081,124
1973 $2,344,800,000 $345,616,106
1972 $1,987,400,000 $295,106,628
1971 $1,666,500,000 $264,578,485
1970 $1,485,500,000 $250,728,796
1969 $1,230,500,000 -
1968 $1,079,100,000 -
1967 $1,034,800,000 -
1966 $983,900,000 -
1965 $888,100,000 -
1964 $1,025,599,900 -
1963 $940,799,900 -
1962 $824,100,000 -
1961 $654,100,200 -
1960 $672,399,700 -

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

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

GDP per capita in Dominican Republic vs Malta by year

Dominican Republic
GDP per capita

GDP per capita, PPP
Malta
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominican Republic Malta
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $11,059 - $47,907 -
2024 $10,876 $27,542 $44,024 $69,864
2023 $10,630 $25,840 $40,933 $67,057
2022 $10,104 $24,626 $35,659 $60,589
2021 $8,527 $22,053 $38,078 $56,852
2020 $7,135 $18,998 $31,823 $49,972
2019 $8,183 $19,767 $32,422 $51,393
2018 $7,883 $17,995 $33,382 $48,178
2017 $7,413 $16,846 $30,317 $45,764
2016 $7,160 $16,282 $26,459 $41,000
2015 $6,801 $14,804 $25,530 $38,369
2014 $6,496 $13,465 $27,425 $35,206
2013 $6,137 $12,414 $25,416 $33,138
2012 $6,014 $11,777 $22,878 $30,716
2011 $5,827 $11,695 $23,517 $29,426
2010 $5,479 $11,246 $21,947 $28,909
2009 $4,974 $10,382 $21,262 $26,782
2008 $5,024 $10,346 $22,406 $26,654
2007 $4,650 $9,951 $19,444 $25,012
2006 $4,055 $9,130 $16,654 $23,219
2005 $3,878 $8,215 $15,831 $22,227
2004 $2,452 $7,375 $15,212 $21,566
2003 $2,383 $7,098 $13,594 $20,813
2002 $3,066 $7,158 $11,251 $19,532
2001 $2,936 $6,848 $10,358 $18,435
2000 $2,831 $6,639 $10,348 $18,214
1999 $2,621 $6,305 $10,609 $16,898
1998 $2,608 $5,963 $10,408 $16,219
1997 $2,449 $5,618 $9,893 $15,465
1996 $2,271 $5,161 $10,062 $14,661
1995 $2,109 $4,871 $9,828 $13,950
1994 $1,892 $4,599 $8,000 $12,938
1993 $1,722 $4,474 $7,296 $12,103
1992 $1,558 $4,151 $8,220 $11,429
1991 $1,346 $3,722 $7,559 $10,784
1990 $989 $3,641 $7,192 $10,086
1989 $955 - $6,041 -
1988 $784 - $5,814 -
1987 $868 - $5,084 -
1986 $932 - $4,195 -
1985 $784 - $3,322 -
1984 $1,844 - $3,333 -
1983 $1,500 - $3,527 -
1982 $1,376 - $3,788 -
1981 $1,288 - $3,898 -
1980 $1,180 - $3,948 -
1979 $984 - $3,196 -
1978 $868 - $2,559 -
1977 $863 - $2,038 -
1976 $763 - $1,727 -
1975 $713 - $1,560 -
1974 $595 - $1,245 -
1973 $490 - $1,144 -
1972 $427 - $976 -
1971 $368 - $874 -
1970 $338 - $828 -
1969 $287.7 - - -
1968 $259.6 - - -
1967 $256.2 - - -
1966 $250.9 - - -
1965 $233.2 - - -
1964 $277.3 - - -
1963 $262.2 - - -
1962 $236.8 - - -
1961 $193.9 - - -
1960 $205.7 - - -

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

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

The Dominican Republic's GDP per capita is $11,059, ranking 83/197, compared to $47,907 in Malta, ranking 28/197. Adjusted for purchasing power (GDP per capita PPP), the Dominican Republic ranks 76th at $27,542, while Malta ranks 25th at $69,864.

Economic indicators

Dominican Republic Malta
Gross domestic product
$127B
2025
$27.8B
2025
GDP rank
65/197
2025
118/197
2025
GDP growth
2.12%
2024-2025
3.96%
2024-2025
GDP per capita
$11,059
2025
$47,907
2025
GDP per capita rank
83/197
2025
28/197
2025
GDP per capita, PPP
$27,542
2024
$69,864
2024
GDP per capita PPP rank
76/197
2024
25/197
2024
Government debt
$75.2B
2025
$13B
2025
Debt-to-GDP ratio
59%
2025
46.8%
2025
Government debt per person
$6,525
2025
$22,407
2025
Government debt per person rank
73/185
2025
30/185
2025
Average annual personal income after taxes
$7,179
2026
$22,914
2026
Market capitalization of domestic companies n/a
$5.35B
2025
Income share by richest 10%
29.5%
2024
24.7%
2023
Income share by poorest 10%
2.3%
2024
2.8%
2023
Government expenditure, % of GDP
19.3%
2025
37%
2025
Consumer prices inflation
3.87%
2024-2025
2.36%
2024-2025
Central bank interest rate
5.5%
2025
n/a
Unemployment rate
5.17%
2025
3.1%
2025
Population
11656588
586345

Spending and national debt comparison by year

Dominican Republic
Spending

Debt
Malta
Spending

Debt
1x
Year % of GDP
Dominican Republic Malta
Government spending Government debt Government spending Government debt
2025 19.3% 59% 37% 46.8%
2024 19.5% 58.8% 37.4% 46%
2023 19.1% 60.5% 35.8% 46.8%
2022 18.5% 59.6% 38.4% 50.1%
2021 18.4% 62.8% 39.5% 49.6%
2020 22.2% 71.8% 42.1% 48.6%
2019 17.8% 53.5% 34.9% 39.2%
2018 16.5% 50.8% 34.5% 41.4%
2017 17.3% 49.5% 32.7% 45.6%
2016 17% 46.7% 35.5% 53.1%
2015 16.7% 44.8% 37.8% 55%
2014 17% 45% 39.6% 60.7%
2013 18.5% 46.8% 40.1% 64.9%
2012 19.8% 42.4% 41.7% 65.6%
2011 16% 39.1% 41.5% 68.9%
2010 16.1% 37.4% 40.1% 65%
2009 16.2% 36.8% 41.1% 66%
2008 18.5% 33.6% 42.1% 61.5%
2007 16.3% 32.9% 41.2% 62%
2006 17% 36% 42.5% 64.5%
2005 15.5% 38.3% 42.5% 70.2%
2004 17.3% 34.3% 42% 70.4%
2003 17.2% 48.2% 45.6% 68.6%
2002 16.5% 21.5% 43.6% 65.1%
2001 14.9% 20.4% 44.4% 70%
2000 14.1% 16.7% 42.9% 64.4%
1999 13.4% 16% - 69.8%
1998 12.6% 13.2% - 66.4%
1997 13.2% 13.8% - 60.8%
1996 11.4% 23% - 51.5%
1995 11% 25.7% - 45.3%
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 (1960–1996, retrieved 2026-07-08).

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

In 2025, the Dominican Republic's government spending was $24.6B, accounting for 19.3% of its GDP, while Malta spent $10.3B, or 37% of GDP.

Debt-to-GDP ratio is 59% in the Dominican Republic and 46.8% in Malta, ranking 80/185 and 113/185, respectively.

Government deficit by year

Deficit/surplus
Dominican Republic

Malta
1x
Year Deficit/surplus, % of GDP
Dominican Republic Malta
2025 -3.56% -3.1%
2024 -3.09% -3.51%
2023 -3.28% -4.43%
2022 -3.25% -5.33%
2021 -2.92% -6.96%
2020 -7.94% -8.71%
2019 -3.46% 0.72%
2018 -2.17% 1.86%
2017 -3.12% 3.4%
2016 -3.11% 1.1%
2015 -0.03% -0.84%
2014 -2.76% -1.49%
2013 -4.41% -2.19%
2012 -6.26% -3.31%
2011 -3.07% -2.99%
2010 -2.97% -2.22%
2009 -2.9% -3.11%
2008 -3.43% -4.06%
2007 0.28% -2.05%
2006 -1.69% -2.46%
2005 -0.71% -2.83%
2004 -3.6% -4.28%
2003 -4.24% -9.04%
2002 -2.28% -5.62%
2001 -0.73% -6.5%
2000 -0.86% -5.83%
1999 -0.79% -
1998 -0.29% -
1997 -0.64% -
1996 0.14% -
1995 0.82% -
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 (1997–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1996, retrieved 2026-07-08).

GeoRank.org/economy/dominican-republic/malta | 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 Malta's deficit of $861M, or 3.1% of GDP.

Over the past 26 years, the Dominican Republic recorded a fiscal deficit in 25 of those years, while Malta ran a deficit in 22 years. On average, the Dominican Republic posted an annual deficit equal to 2.91% of GDP, compared to deficit of 3.22% of GDP for Malta.

Inflation comparison by year

Inflation
Dominican Republic

Malta
1x
Year Consumer prices inflation
Dominican Republic Malta
2025 3.87% 2.36%
2024 3.3% 1.65%
2023 4.79% 5.09%
2022 8.81% 6.15%
2021 8.24% 1.5%
2020 3.78% 0.64%
2019 1.81% 1.64%
2018 3.56% 1.16%
2017 3.28% 1.36%
2016 1.61% 0.64%
2015 0.84% 1.1%
2014 3% 0.31%
2013 4.83% 1.18%
2012 3.69% 2.38%
2011 5.8% 2.96%
2010 6.33% 1.52%
2009 1.44% 2.08%
2008 10.6% 4.26%
2007 6.14% 1.25%
2006 7.57% 2.77%
2005 4.19% 3.01%
2004 51.5% 2.79%
2003 27.4% 1.3%
2002 5.22% 2.19%
2001 8.88% 2.93%
2000 7.72% 2.37%
1999 6.47% 2.13%
1998 4.83% 2.39%
1997 8.3% 3.11%

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

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

Over the past 29 years, the Dominican Republic has recorded an average annual inflation rate of 7.51%, compared with 2.22% in Malta. In 2025, inflation was 3.87% in the Dominican Republic and 2.36% in Malta.

Top exports between countries

Dominican Republic
Export category Export value
Chemicals & pharma $520K
Machinery & equipment $434K
Processed food, beverages & tobacco $312K
Raw materials & minerals $45K
Malta
Export category Export value
Chemicals & pharma $463K
Machinery & equipment $103K
Processed food, beverages & tobacco $13K
Wood & paper products $3K

Balance of trade

Dominican Republic Malta
Current account balance
-$1.49B
2025
$1.78B
2024
Current account balance ranking
128/190
2025
45/190
2024
Current account balance, % of GDP
-1.17%
2025
+7.1%
2024
Goods imports
$29.8B
2025
$7.56B
2024
Goods exports
$16B
2025
$4.58B
2024
Service imports
$5.65B
2025
$17.4B
2024
Service exports
$14.4B
2025
$25B
2024
Imports of goods and services, % of GDP
27.9%
2025
99.9%
2025
Exports of goods and services, % of GDP
23.6%
2025
119.1%
2025

Economic freedom indices

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

Dominican Republic Malta
Economic freedom 63.8 68.2
Economic freedom ranking 77/197 49/197
Property rights 53.9 85.5
Government integrity 39.8 54.3
Judicial effectiveness 58 80.2
Tax burden 84.4 68.5
Government spending 89.1 58.4
Fiscal health 76.6 63.2
Business freedom 71.4 83.2
Labor freedom 53.2 62.6
Monetary freedom 72.1 73.1
Trade freedom 67.4 79.4
Investment freedom 60 60
Financial freedom 40 50

Economic freedom comparison by year

Dominican Republic
Malta
1x
Year Economic freedom index
Dominican Republic Malta
2026 63.8 68.2
2025 64.3 66.8
2024 62.9 64.5
2023 62.6 67.5
2022 63 71.5
2021 62.1 70.2
2020 60.9 69.5
2019 61 68.6
2018 61.6 68.5
2017 62.9 67.7
2016 61 66.7
2015 61 66.5
2014 61.3 66.4
2013 59.7 67.5
2012 60.2 67
2011 60 65.7
2010 60.3 67.2
2009 59.2 66.1
2008 57.7 66
2007 56.8 66.1
2006 56.3 67.3
2005 55.1 68.9
2004 54.6 63.3
2003 57.8 61.1
2002 58.6 62.2
2001 59.1 62.9
2000 59 58.3
1999 58.1 59.3
1998 58.1 61.2
1997 53.5 57.9
1996 58.1 55.8
1995 55.8 56.3

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

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

The Economic Freedom Index for the Dominican Republic is 63.8, ranking 77/197, compared to 68.2 for Malta, ranking 49/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Dominican Republic Malta
Services, % of GDP
60.1%
2025
81.3%
2025
Industry, % of GDP
28.4%
2025
10.1%
2025
Agriculture, forestry, and fishing, % of GDP
4.6%
2025
0.47%
2025
GNI, Atlas method
$122B
2025
$24B
2025
GNI per capita, PPP
$26,980
2025
$64,900
2025
Total reserves including gold
$14.8B
2025
$1.54B
2025
Total reserves ranking
71/177
2025
134/177
2025
Net foreign direct investment
-$5.03B
2025
-$6.13B
2024
Net inflows of foreign direct investment
$4.48B
2024
$42.6B
2024
Net outflows of foreign direct investment
-$47.3M
2024
$36.5B
2024
Servicing debt to the IMF, % of GNI
5.61%
2024
n/a
Poverty at national poverty lines
17.3%
2025
16.7%
2021
Gross capital formation, % of GDP
24.7%
2025
18.7%
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/malta | 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 (1950–1996, 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 (2024–2025, 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.