Skip to content

Economy of Dominican Republic vs Myanmar compared: GDP & Debt

Updated on by Georank team

The Dominican Republic has a GDP of $124B compared to $74.1B for Myanmar, ranking 63/197 and 85/197 by economy size, respectively.

The Dominican Republic has $73.1B in government debt (58.8% of GDP), compared to $44B (59.3% of GDP) in Myanmar.

Dominican Republic vs Myanmar GDP by year

Dominican Republic
Myanmar
1x
Year GDP, current $
Dominican Republic Myanmar
2024 $124,282,245,639 $74,068,349,524
2023 $120,456,239,154 $66,757,619,000
2022 $113,478,087,135 $62,253,049,903
2021 $94,850,719,517 $66,345,291,149
2020 $78,546,672,407 $79,006,113,670
2019 $89,146,130,745 $75,065,106,243
2018 $84,994,732,049 $67,860,515,993
2017 $79,070,274,743 $66,053,040,475
2016 $75,552,902,636 $63,298,361,984
2015 $70,966,782,572 $59,607,290,408
2014 $67,014,329,100 $65,531,374,210
2013 $62,555,417,415 $60,269,732,855
2012 $60,561,635,556 $59,937,796,648
2011 $57,948,261,616 $59,977,326,086
2010 $53,801,053,353 $49,540,813,342
2009 $48,223,781,477 $36,906,181,381
2008 $48,091,433,554 $31,862,554,102
2007 $43,965,458,509 $20,182,477,481
2006 $37,879,830,084 $14,502,553,710
2005 $35,777,560,684 $11,986,972,419
2004 $22,322,387,382 $10,567,354,056
2003 $21,403,167,848 $10,467,109,978
2002 $27,137,440,786 $6,777,632,512
2001 $25,601,823,688 $6,477,790,688
2000 $24,305,780,629 $8,905,066,164
1999 $22,136,579,397 $8,486,832,801
1998 $21,672,215,547 $6,459,461,639
1997 $20,017,450,041 $4,722,288,496
1996 $18,241,622,548 $6,123,556,717
1995 $16,637,370,839 $5,289,174,943
1994 $14,644,734,599 $4,432,257,174
1993 $13,081,042,400 $3,163,020,035
1992 $11,605,382,504 $2,411,552,289
1991 $9,824,483,340 $2,069,832,687
1990 $7,073,675,545 $2,115,193,513
1989 $6,686,593,060 $2,013,448,229
1988 $5,374,299,981 $1,541,088,312
1987 $5,827,050,753 $1,562,448,077
1986 $6,122,128,558 $1,582,873,750
1985 $5,044,579,979 $1,478,908,173
1984 $11,594,000,000 $1,304,063,253
1983 $9,220,600,000 $1,381,573,615
1982 $8,267,400,000 $1,481,165,468
1981 $7,561,300,000 $1,111,000,765
1980 $6,761,300,000 $1,038,225,167
1979 $5,498,800,000 $952,265,043
1978 $4,734,400,000 $935,408,775
1977 $4,587,100,000 $873,579,932
1976 $3,951,500,000 $1,204,699,849
1975 $3,599,200,000 $1,061,107,354
1974 $2,925,700,000 $1,225,589,878
1973 $2,344,800,000 $719,754,655
1972 $1,987,400,000 $662,213,083
1971 $1,666,500,000 $587,448,405
1970 $1,485,500,000 $563,555,631
1969 $1,230,500,000 $571,854,215
1968 $1,079,100,000 $559,956,130
1967 $1,034,800,000 $420,359,036
1966 $983,900,000 $293,103,479
1965 $888,100,000 $367,053,117
1964 $1,025,599,900 $411,419,906
1963 $940,799,900 $598,998,419
1962 $824,100,000 $634,528,872
1961 $654,100,200 $605,581,577
1960 $672,399,700 $545,098,448

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

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

GDP per capita in Dominican Republic vs Myanmar by year

Dominican Republic
GDP per capita

GDP per capita, PPP
Myanmar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominican Republic Myanmar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $10,876 $27,542 $1,359 $5,997
2023 $10,630 $25,840 $1,233 $5,953
2022 $10,104 $24,626 $1,158 $5,732
2021 $8,527 $22,053 $1,243 $5,178
2020 $7,135 $18,998 $1,490 $5,741
2019 $8,183 $19,767 $1,426 $6,101
2018 $7,883 $17,995 $1,298 $5,581
2017 $7,413 $16,846 $1,273 $4,706
2016 $7,160 $16,282 $1,229 $4,460
2015 $6,801 $14,804 $1,167 $4,459
2014 $6,496 $13,465 $1,293 $4,376
2013 $6,137 $12,414 $1,199 $4,144
2012 $6,014 $11,777 $1,203 $3,845
2011 $5,827 $11,695 $1,214 $3,579
2010 $5,479 $11,246 $1,011 $3,348
2009 $4,974 $10,382 $758 $3,040
2008 $5,024 $10,346 $658 $2,748
2007 $4,650 $9,951 $419 $2,459
2006 $4,055 $9,130 $303 $2,153
2005 $3,878 $8,215 $252.7 $1,860
2004 $2,452 $7,375 $224.5 $1,601
2003 $2,383 $7,098 $224.3 $1,385
2002 $3,066 $7,158 $146.6 $1,204
2001 $2,936 $6,848 $141.5 $1,069
2000 $2,831 $6,639 $196.6 $949
1999 $2,621 $6,305 $189.5 $825
1998 $2,608 $5,963 $146 $742
1997 $2,449 $5,618 $108 $702
1996 $2,271 $5,161 $141.9 $661
1995 $2,109 $4,871 $124.1 $618
1994 $1,892 $4,599 $105.4 $573
1993 $1,722 $4,474 $76.2 $529
1992 $1,558 $4,151 $58.9 $494
1991 $1,346 $3,722 $51.2 $447
1990 $989 $3,641 $53.1 $441
1989 $955 - $51.3 -
1988 $784 - $39.9 -
1987 $868 - $41.1 -
1986 $932 - $42.4 -
1985 $784 - $40.4 -
1984 $1,844 - $36.3 -
1983 $1,500 - $39.3 -
1982 $1,376 - $43 -
1981 $1,288 - $32.8 -
1980 $1,180 - $31.2 -
1979 $984 - $29.2 -
1978 $868 - $29.3 -
1977 $863 - $27.9 -
1976 $763 - $39.2 -
1975 $713 - $35.2 -
1974 $595 - $41.4 -
1973 $490 - $24.8 -
1972 $427 - $23.3 -
1971 $368 - $21.1 -
1970 $338 - $20.7 -
1969 $287.7 - $21.5 -
1968 $259.6 - $21.5 -
1967 $256.2 - $16.5 -
1966 $250.9 - $11.8 -
1965 $233.2 - $15.1 -
1964 $277.3 - $17.3 -
1963 $262.2 - $25.8 -
1962 $236.8 - $27.9 -
1961 $193.9 - $27.3 -
1960 $205.7 - $25.1 -

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

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

The Dominican Republic's GDP per capita is $10,876, ranking 83/197, compared to $1,359 in Myanmar, ranking 165/197. Adjusted for purchasing power (GDP per capita PPP), the Dominican Republic ranks 76th at $27,542, while Myanmar ranks 153rd at $5,997.

Economic indicators

Dominican Republic Myanmar
Gross domestic product
$124B
2024
$74.1B
2024
GDP rank
63/197
2024
85/197
2024
GDP growth
4.95%
2023-2024
-0.97%
2023-2024
GDP per capita
$10,876
2024
$1,359
2024
GDP per capita rank
83/197
2024
165/197
2024
GDP per capita, PPP
$27,542
2024
$5,997
2024
GDP per capita PPP rank
76/197
2024
153/197
2024
Government debt
$73.1B
2024
$44B
2024
Debt-to-GDP ratio
58.8%
2024
59.3%
2024
Government debt per person
$6,394
2024
$806
2024
Government debt per person rank
71/185
2024
150/185
2024
Average annual personal income after taxes
$6,547
2026
$1,646
2026
Income share by richest 10%
29.5%
2024
25.5%
2017
Income share by poorest 10%
2.3%
2024
3.8%
2017
Government expenditure, % of GDP
19.5%
2024
20.7%
2024
Consumer prices inflation
3.3%
2023-2024
8.83%
2018-2019
Central bank interest rate
5.5%
2025
n/a
Unemployment rate
5.31%
2024
1.48%
2020
Population
11637906
55292116

Spending and national debt comparison by year

Dominican Republic
Spending

Debt
Myanmar
Spending

Debt
1x
Year % of GDP
Dominican Republic Myanmar
Government spending Government debt Government spending Government debt
2024 19.5% 58.8% 20.7% 59.3%
2023 19.1% 60.5% 21.4% 59.1%
2022 18.5% 59.6% 21.3% 56.1%
2021 18.4% 62.8% 20.9% 63.4%
2020 22.2% 71.8% 21.3% 49.1%
2019 17.8% 53.5% 20.5% 37.6%
2018 16.5% 50.8% 18.7% 39.9%
2017 17.3% 49.5% 19.7% 41.9%
2016 17% 46.7% 21.3% 35.7%
2015 16.7% 44.8% 23.7% 36.6%
2014 17% 45% 24.7% 34.5%
2013 18.5% 46.8% 23.9% 44.8%
2012 19.8% 42.4% 20% 48%
2011 16% 39.1% 15.6% 49.9%
2010 16.1% 37.4% 15.8% 54.4%
2009 16.2% 36.8% 14.4% 56.4%
2008 18.5% 33.6% 14.4% 59.8%
2007 16.3% 32.9% 15.7% 77.4%
2006 17% 36% 15.6% 103.1%
2005 15.5% 38.3% 14.6% 119%
2004 17.3% 34.3% 14.6% 126.6%
2003 17.2% 48.2% 14.3% 146%
2002 16.5% 21.5% 15.3% 190.6%
2001 14.9% 20.4% 19.1% 262%
2000 14.1% 16.7% 21.4% 164.5%
1999 13.4% 16% 22.8% 150.7%
1998 12.6% 13.2% 25.2% 208.6%
1997 13.2% 13.8% - -
1996 11.4% 23% - -
1995 11% 25.7% - -
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 (1997–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-02-20).

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

In 2024, the Dominican Republic's government spending was $24.2B, accounting for 19.5% of its GDP, while Myanmar spent $15.3B, or 20.7% of GDP.

Debt-to-GDP ratio is 58.8% in the Dominican Republic and 59.3% in Myanmar, ranking 83/185 and 81/185, respectively.

Government deficit by year

Deficit/surplus
Dominican Republic

Myanmar
1x
Year Deficit/surplus, % of GDP
Dominican Republic Myanmar
2024 -3.09% -5.06%
2023 -3.28% -5.18%
2022 -3.25% -2.82%
2021 -2.92% -2.47%
2020 -7.94% -6.5%
2019 -3.46% -4.7%
2018 -2.17% -2.77%
2017 -3.12% -3.42%
2016 -3.11% -2.53%
2015 -0.03% -4.33%
2014 -2.76% -1.06%
2013 -4.41% -1.53%
2012 -6.26% -2.7%
2011 -3.07% -4.82%
2010 -2.97% -5.4%
2009 -2.9% -3.55%
2008 -3.43% -2.73%
2007 0.28% -3.52%
2006 -1.69% -3.42%
2005 -0.71% -3.49%
2004 -3.6% -4.62%
2003 -4.24% -4.24%
2002 -2.28% -4.01%
2001 -0.73% -6.34%
2000 -0.86% -6.03%
1999 -0.79% -4.46%
1998 -0.29% -4.89%
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 (1997–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1996, retrieved 2026-02-20).

GeoRank.org/economy/dominican-republic/myanmar | 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 Myanmar's deficit of $3.75B, or 5.06% of GDP.

Over the past 27 years, the Dominican Republic recorded a fiscal deficit in 26 of those years, while Myanmar ran a deficit in 27 years. On average, the Dominican Republic posted an annual deficit equal to 2.71% of GDP, compared to deficit of 3.95% of GDP for Myanmar.

Inflation comparison by year

Inflation
Dominican Republic

Myanmar
1x
Year Consumer prices inflation
Dominican Republic Myanmar
2024 3.3% -
2023 4.79% -
2022 8.81% -
2021 8.24% -
2020 3.78% -
2019 1.81% 8.83%
2018 3.56% 6.87%
2017 3.28% 4.57%
2016 1.61% 6.93%
2015 0.84% 9.45%
2014 3% 4.95%
2013 4.83% 5.64%
2012 3.69% 1.47%
2011 5.8% 5.02%
2010 6.33% 7.72%
2009 1.44% 1.47%
2008 10.6% 26.8%
2007 6.14% 35%
2006 7.57% 20%
2005 4.19% 9.37%
2004 51.5% 4.53%
2003 27.4% 36.6%
2002 5.22% 57.1%
2001 8.88% 21.1%
2000 7.72% -0.11%
1999 6.47% 18.4%
1998 4.83% 51.5%
1997 8.3% 29.7%

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

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

Over the past 23 years, the Dominican Republic has recorded an average annual inflation rate of 8.05%, compared with 16.2% in Myanmar. In 2019, inflation was 3.3% in the Dominican Republic and 8.83% in Myanmar.

Top exports between countries

Dominican Republic
Export category Export value
Machinery & equipment $14K
Processed food, beverages & tobacco $3K
Textiles & consumer goods $1K
Myanmar
Export category Export value
Textiles & consumer goods $147K
Wood & paper products $92K
Raw agricultural goods $15K

Balance of trade

Dominican Republic Myanmar
Current account balance
-$4.17B
2024
$67.7M
2019
Current account balance ranking
163/190
2024
71/190
2019
Current account balance, % of GDP
-3.35%
2024
+0.09%
2019
Goods imports
$29.8B
2024
$13.7B
2019
Goods exports
$13.9B
2024
$10.8B
2019
Service imports
$6.34B
2024
$3.66B
2019
Service exports
$14.7B
2024
$6.68B
2019
Imports of goods and services, % of GDP
29%
2024
n/a
Exports of goods and services, % of GDP
22.8%
2024
24.3%
2025

Economic freedom indices

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

Dominican Republic Myanmar
Economic freedom 63.8 44.5
Economic freedom ranking 77/197 180/197
Property rights 53.9 5.7
Government integrity 39.8 18.1
Judicial effectiveness 58 3.9
Tax burden 84.4 88.6
Government spending 89.1 86.6
Fiscal health 76.6 62.7
Business freedom 71.4 37.9
Labor freedom 53.2 53.2
Monetary freedom 72.1 57.5
Trade freedom 67.4 69.4
Investment freedom 60 30
Financial freedom 40 20

Economic freedom comparison by year

Dominican Republic
Myanmar
1x
Year Economic freedom index
Dominican Republic Myanmar
2026 63.8 44.5
2025 64.3 43.7
2024 62.9 42.2
2023 62.6 46.5
2022 63 49.6
2021 62.1 55.2
2020 60.9 54
2019 61 53.6
2018 61.6 53.9
2017 62.9 52.5
2016 61 48.7
2015 61 46.9
2014 61.3 46.5
2013 59.7 39.2
2012 60.2 38.7
2011 60 37.8
2010 60.3 36.7
2009 59.2 37.7
2008 57.7 39.5
2007 56.8 41
2006 56.3 40
2005 55.1 40.5
2004 54.6 43.6
2003 57.8 44.9
2002 58.6 45.5
2001 59.1 46.1
2000 59 47.9
1999 58.1 46.4
1998 58.1 45.7
1997 53.5 45.4
1996 58.1 45.1
1995 55.8 -

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

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

The Economic Freedom Index for the Dominican Republic is 63.8, ranking 77/197, compared to 44.5 for Myanmar, ranking 180/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Dominican Republic Myanmar
Services, % of GDP
59.8%
2024
41.4%
2024
Industry, % of GDP
28.7%
2024
37.8%
2024
Agriculture, forestry, and fishing, % of GDP
4.45%
2024
20.8%
2024
GNI, Atlas method
$117B
2024
$65.9B
2024
GNI per capita, PPP
$26,050
2024
$5,890
2024
Total reserves including gold
$13.5B
2024
$9.34B
2023
Total reserves ranking
71/177
2024
81/177
2023
Net foreign direct investment
-$4.52B
2024
-$1.74B
2019
Net inflows of foreign direct investment
$4.48B
2024
$1.1B
2024
Net outflows of foreign direct investment
-$47.3M
2024
$0
2024
Servicing debt to the IMF, % of GNI
5.62%
2024
1.31%
2024
Poverty at national poverty lines
19%
2024
24.8%
2017
Gross capital formation, % of GDP
27%
2024
n/a

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/myanmar | 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 (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, 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. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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.