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The Dominican Republic vs Mexico: Economic Indicators Comparison

Mexico with a GDP of $1.2T ranked the 15th largest economy in the world, while the Dominican Republic ranked 67th with $85.6B. By GDP 5-years average growth and GDP per capita, Mexico and the Dominican Republic ranked 109th vs 16th and 77th vs 85th, respectively.

Gross Domestic Product & Income

StatDominican RepublicMexico
GDP$85.6B$1.2T
GDP growth, 1 year7%2%
GDP growth, 5-years average6.6%2.6%
Population10.4M130.5M
GDP per capita$8.1k$9.7k
GDP per capita growth5.83%0.99%
Purchasing Power Parity conversion factor22.469.38
Price level ratio of PPP conversion factor GDP to market exchange rate0.450.49
GDP per capita, PPP adjusted$18k$21k
GNI, Atlas method$82.5B$1.2T
GNI per capita$7.8k$9.2k
GNI, PPP adjusted$180.1B$2.4T
GNI per capita, PPP adjusted$17k$19k

Financial system and Human development

StatDominican RepublicMexico
Income Tax Rate25%35%
Corporate Tax Rate27%30%
Inflation, consumer prices3.6%4.9%
Inflation, GDP deflator4.1%5%
Unemployment5.8%3.3%
Economic Freedom Index60.966
Personal Freedom Index6.977.23
Human Freedom Index6.66.94
Property Rights Index55.858.3
Judical Effectiveness Index18.234.7
Business Freedom Index50.367
Fiscal Health Index82.487.5
Labor Freedom Index57.558.4
Investment Freedom Index7075
Financial Freedom Index4060
Trade Freedom Index76.687.6
Monetary Freedom Index73.570.9
Government Spending Index90.579.3
Tax Burden Index84.576.1
Government Integrity Index31.236.7
Corruption Perceptions Index3028
Life expectancy at birth, years73.774.9
Suicide mortality rate, per 100,000 people9.95.1
Mortality caused by road traffic injury, per 100,000 people34.613.1
Intentional homicides, per 100,000 people11.324.8
International tourism, number of arrivals6.6M41.3M

Government debt & reserves

StatDominican RepublicMexico
Central government debt, % of GDP41.6%53.6%
External debt stocks, % of GNI43.8%38%
External debt stocks$33.9B$453B
Short-term debt, % of total reserves27.4%34.6%
Total debt service, % of exports and primary income15.1%11.9%
Adjusted net savings including particulate emission damage, % of GNI17.3%7.5%
Gross savings, % of GDP23.5%23.7%
Gross capital formation, % of GDP25.8%22.7%
Total reserves including gold$7.7B$176.4B
Foreign direct investment net inflows$2.7B$37.5B

Exports, imports and economic structure

StatDominican RepublicMexico
Exports of goods and services, % of GDP23.6%39.3%
Imports of goods and services, % of GDP28.5%41.2%
Current account balance (balance of payments)-$1.2B-$22B
Revenue excluding grants, % of GDP15.2%18.9%
Grants excluding technical cooperation, BoP$105M$318.9M
Personal remittances received$6.8B$35.8B
Industry including construction value added, % of GDP28.8%30.9%
Agriculture, forestry and fishing value added, % of GDP5.1%3.4%
Charges for the use of intellectual property, payments BoP$157.7M$302M
Charges for the use of intellectual property, receipts BoPN/A$7M
Expense, % of GDP15.7%20.4%
Government Expenditure, % of GDP17.8%26.3%

Compare with countries close by GDP per capita

Dominican Republic vs

CountryGDP
per capita
Population
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M

Mexico vs

CountryGDP
per capita
Population
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M
Botswana
$8.3k
2.02M
Gabon
$8k
1.67M
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M