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Economy of Dominican Republic vs Saudi Arabia compared: GDP & Debt

Updated on by Georank

The Dominican Republic has a GDP of $127B compared to $1.28T for Saudi Arabia, ranking 65/197 and 19/197 by economy size, respectively.

The Dominican Republic has $75.2B in government debt (59% of GDP), compared to $405B (31.7% of GDP) in Saudi Arabia.

Dominican Republic vs Saudi Arabia GDP by year

Dominican Republic
Saudi Arabia
1x
Year GDP, current $
Dominican Republic Saudi Arabia
2025 $127,407,463,759 $1,276,942,933,333
2024 $124,282,245,639 $1,254,140,800,000
2023 $120,456,239,154 $1,218,584,800,000
2022 $113,478,103,598 $1,239,075,200,000
2021 $94,850,719,517 $982,661,066,667
2020 $78,546,672,407 $767,951,200,000
2019 $89,146,130,745 $888,890,133,333
2018 $84,994,732,049 $886,564,800,000
2017 $79,070,274,743 $741,266,133,333
2016 $75,552,902,636 $689,279,466,667
2015 $70,966,782,572 $693,414,400,000
2014 $67,014,329,100 $787,153,066,667
2013 $62,555,417,415 $769,755,733,333
2012 $60,561,635,556 $751,921,333,333
2011 $57,948,261,616 $680,660,800,000
2010 $53,801,053,353 $528,207,466,667
2009 $48,223,781,477 $429,097,866,667
2008 $48,091,433,554 $519,796,800,000
2007 $43,965,458,509 $415,964,509,673
2006 $37,879,830,084 $376,900,133,511
2005 $35,777,560,684 $328,459,608,764
2004 $22,322,387,382 $258,742,133,333
2003 $21,403,167,848 $215,807,733,333
2002 $27,137,440,786 $189,605,866,667
2001 $25,601,823,688 $184,137,600,000
2000 $24,305,780,629 $189,514,933,333
1999 $22,136,579,397 $161,717,066,667
1998 $21,672,215,547 $146,775,466,667
1997 $20,017,450,041 $165,963,684,913
1996 $18,241,622,548 $158,662,483,311
1995 $16,637,370,839 $143,343,124,166
1994 $14,644,734,599 $135,174,899,866
1993 $13,081,042,400 $132,967,957,276
1992 $11,605,382,504 $137,087,850,467
1991 $9,824,483,340 $132,223,230,975
1990 $7,073,675,545 $117,630,173,565
1989 $6,686,593,060 $95,344,459,279
1988 $5,374,299,981 $88,256,074,766
1987 $5,827,050,753 $85,695,861,148
1986 $6,122,128,558 $86,961,922,765
1985 $5,044,579,979 $103,897,846,494
1984 $11,594,000,000 $119,624,858,116
1983 $9,220,600,000 $129,171,635,311
1982 $8,267,400,000 $153,240,313,858
1981 $7,561,300,000 $184,291,360,139
1980 $6,761,300,000 $164,539,660,725
1979 $5,498,800,000 $111,858,444,786
1978 $4,734,400,000 $80,266,516,687
1977 $4,587,100,000 $74,188,986,586
1976 $3,951,500,000 $64,005,665,722
1975 $3,599,200,000 $46,773,208,643
1974 $2,925,700,000 $45,412,957,746
1973 $2,344,800,000 $14,947,435,499
1972 $1,987,400,000 $9,664,267,087
1971 $1,666,500,000 $7,184,806,909
1970 $1,485,500,000 $5,377,333,333
1969 $1,230,500,000 $4,485,777,644
1968 $1,079,100,000 $4,187,777,711
1967 $1,034,800,000 $3,257,022,223
1966 $983,900,000 $2,920,555,557
1965 $888,100,000 $2,647,955,558
1964 $1,025,599,900 $2,371,808,713
1963 $940,799,900 $2,207,393,172
1962 $824,100,000 $2,130,606,532
1961 $654,100,200 $1,920,811,284
1960 $672,399,700 $1,748,124,064

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

GeoRank.org/economy/dominican-republic/saudi-arabia | CC BY

GDP per capita in Dominican Republic vs Saudi Arabia by year

Dominican Republic
GDP per capita

GDP per capita, PPP
Saudi Arabia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominican Republic Saudi Arabia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $11,059 - $34,537 -
2024 $10,876 $27,542 $35,528 $71,375
2023 $10,630 $25,840 $36,157 $71,565
2022 $10,104 $24,626 $38,510 $71,968
2021 $8,527 $22,053 $31,921 $62,690
2020 $7,135 $18,998 $24,339 $47,518
2019 $8,183 $19,767 $29,567 $59,560
2018 $7,883 $17,995 $29,360 $59,378
2017 $7,413 $16,846 $23,929 $53,120
2016 $7,160 $16,282 $22,268 $49,937
2015 $6,801 $14,804 $23,256 $53,931
2014 $6,496 $13,465 $27,805 $62,578
2013 $6,137 $12,414 $27,865 $62,203
2012 $6,014 $11,777 $28,733 $65,034
2011 $5,827 $11,695 $27,127 $64,125
2010 $5,479 $11,246 $22,028 $58,829
2009 $4,974 $10,382 $17,718 $54,787
2008 $5,024 $10,346 $22,320 $57,236
2007 $4,650 $9,951 $18,596 $55,030
2006 $4,055 $9,130 $17,564 $54,639
2005 $3,878 $8,215 $15,976 $53,548
2004 $2,452 $7,375 $13,154 $51,225
2003 $2,383 $7,098 $11,487 $48,078
2002 $3,066 $7,158 $10,586 $45,466
2001 $2,936 $6,848 $10,805 $47,381
2000 $2,831 $6,639 $11,715 $48,644
1999 $2,621 $6,305 $10,452 $47,495
1998 $2,608 $5,963 $9,836 $48,867
1997 $2,449 $5,618 $11,545 $48,796
1996 $2,271 $5,161 $11,472 $48,569
1995 $2,109 $4,871 $10,786 $48,052
1994 $1,892 $4,599 $10,602 $48,904
1993 $1,722 $4,474 $10,885 $49,503
1992 $1,558 $4,151 $11,730 $50,355
1991 $1,346 $3,722 $11,847 $49,295
1990 $989 $3,641 $11,055 $46,214
1989 $955 - $9,414 -
1988 $784 - $9,165 -
1987 $868 - $9,386 -
1986 $932 - $10,078 -
1985 $784 - $12,745 -
1984 $1,844 - $15,541 -
1983 $1,500 - $17,810 -
1982 $1,376 - $22,454 -
1981 $1,288 - $28,703 -
1980 $1,180 - $27,206 -
1979 $984 - $19,612 -
1978 $868 - $14,914 -
1977 $863 - $14,595 -
1976 $763 - $13,313 -
1975 $713 - $10,266 -
1974 $595 - $10,503 -
1973 $490 - $3,640 -
1972 $427 - $2,474 -
1971 $368 - $1,929 -
1970 $338 - $1,509 -
1969 $287.7 - $1,313 -
1968 $259.6 - $1,276 -
1967 $256.2 - $1,032 -
1966 $250.9 - $961 -
1965 $233.2 - $904 -
1964 $277.3 - $840 -
1963 $262.2 - $812 -
1962 $236.8 - $813 -
1961 $193.9 - $760 -
1960 $205.7 - $718 -

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

GeoRank.org/economy/dominican-republic/saudi-arabia | CC BY

The Dominican Republic's GDP per capita is $11,059, ranking 83/197, compared to $34,537 in Saudi Arabia, ranking 36/197. Adjusted for purchasing power (GDP per capita PPP), the Dominican Republic ranks 76th at $27,542, while Saudi Arabia ranks 24th at $71,375.

Economic indicators

Dominican Republic Saudi Arabia
Gross domestic product
$127B
2025
$1.28T
2025
GDP rank
65/197
2025
19/197
2025
GDP growth
2.12%
2024-2025
4.5%
2024-2025
GDP per capita
$11,059
2025
$34,537
2025
GDP per capita rank
83/197
2025
36/197
2025
GDP per capita, PPP
$27,542
2024
$71,375
2024
GDP per capita PPP rank
76/197
2024
24/197
2024
Government debt
$75.2B
2025
$405B
2025
Debt-to-GDP ratio
59%
2025
31.7%
2025
Government debt per person
$6,525
2025
$10,956
2025
Government debt per person rank
73/185
2025
57/185
2025
Average annual personal income after taxes
$7,179
2026
$22,010
2026
Market capitalization of domestic companies n/a
$2.36T
2025
Number of millionaires n/a
348,000
2026
Number of billionaires n/a
15
2026
Income share by richest 10%
29.5%
2024
n/a
Income share by poorest 10%
2.3%
2024
n/a
Government expenditure, % of GDP
19.3%
2025
29%
2025
Consumer prices inflation
3.87%
2024-2025
2.08%
2024-2025
Central bank interest rate
5.5%
2025
4.25%
2025
Unemployment rate
5.17%
2025
3.24%
2025
Population
11656588
37955120

Spending and national debt comparison by year

Dominican Republic
Spending

Debt
Saudi Arabia
Spending

Debt
1x
Year % of GDP
Dominican Republic Saudi Arabia
Government spending Government debt Government spending Government debt
2025 19.3% 59% 29% 31.7%
2024 19.5% 58.8% 29.2% 25.9%
2023 19.1% 60.5% 28.3% 23%
2022 18.5% 59.6% 25.3% 21.3%
2021 18.4% 62.8% 28.2% 25.5%
2020 22.2% 71.8% 37.4% 29.7%
2019 17.8% 53.5% 31.8% 20.3%
2018 16.5% 50.8% 32.4% 16.8%
2017 17.3% 49.5% 30.9% 15.9%
2016 17% 46.7% 33.3% 12.2%
2015 16.7% 44.8% 38.5% 5.47%
2014 17% 45% 38.6% 1.5%
2013 18.5% 46.8% 34.5% 2.08%
2012 19.8% 42.4% 32.5% 2.97%
2011 16% 39.1% 32.4% 5.31%
2010 16.1% 37.4% 33% 8.43%
2009 16.2% 36.8% 37.1% 14%
2008 18.5% 33.6% 26.7% 12.1%
2007 16.3% 32.9% 29.5% 17.1%
2006 17% 36% 27.3% 25.8%
2005 15.5% 38.3% 28.2% 37.3%
2004 17.3% 34.3% 31.1% 62.9%
2003 17.2% 48.2% 33.1% 81.6%
2002 16.5% 21.5% 35.9% 96.4%
2001 14.9% 20.4% 36.9% 93.1%
2000 14.1% 16.7% 33.1% 86.7%
1999 13.4% 16% 30.3% 103%
1998 12.6% 13.2% 34.5% 101.5%
1997 13.2% 13.8% 35.6% 76.7%
1996 11.4% 23% 33.3% 75.2%
1995 11% 25.7% 32.4% 74.2%
1994 12.1% 28.5% 33.8% 67.9%
1993 13% 36.1% 37.7% 58.6%
1992 10.4% 38.5% 41.2% 47.8%
1991 8.65% 47.3% 34.9% 39.4%
1990 9.1% 84.7% 39.3% -
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 (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-07-08).

GeoRank.org/economy/dominican-republic/saudi-arabia | CC BY

In 2025, the Dominican Republic's government spending was $24.6B, accounting for 19.3% of its GDP, while Saudi Arabia spent $370B, or 29% of GDP.

Debt-to-GDP ratio is 59% in the Dominican Republic and 31.7% in Saudi Arabia, ranking 80/185 and 151/185, respectively.

Government deficit by year

Deficit/surplus
Dominican Republic

Saudi Arabia
1x
Year Deficit/surplus, % of GDP
Dominican Republic Saudi Arabia
2025 -3.56% -5.77%
2024 -3.09% -2.46%
2023 -3.28% -1.77%
2022 -3.25% 2.24%
2021 -2.92% -1.99%
2020 -7.94% -10.2%
2019 -3.46% -3.96%
2018 -2.17% -5.21%
2017 -3.12% -8.57%
2016 -3.11% -13.2%
2015 -0.03% -14.9%
2014 -2.76% -3.4%
2013 -4.41% 5.47%
2012 -6.26% 11.7%
2011 -3.07% 11.4%
2010 -2.97% 4.39%
2009 -2.9% -5.38%
2008 -3.43% 29.8%
2007 0.28% 11.8%
2006 -1.69% 20.8%
2005 -0.71% 18%
2004 -3.6% 9.72%
2003 -4.24% 1.2%
2002 -2.28% -5.91%
2001 -0.73% -3.91%
2000 -0.86% 3.18%
1999 -0.79% -5.99%
1998 -0.29% -8.88%
1997 -0.64% -2.51%
1996 0.14% -3.25%
1995 0.82% -5.12%
1994 -0.39% -8.31%
1993 -0.16% -9.33%
1992 2.35% -8.12%
1991 0.11% -3.28%
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 (1991–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1996, retrieved 2026-07-08).

GeoRank.org/economy/dominican-republic/saudi-arabia | 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 Saudi Arabia's deficit of $73.7B, or 5.77% of GDP.

Over the past 35 years, the Dominican Republic recorded a fiscal deficit in 30 of those years, while Saudi Arabia ran a deficit in 23 years. On average, the Dominican Republic posted an annual deficit equal to 2.13% of GDP, compared to deficit of 0.34% of GDP for Saudi Arabia.

Inflation comparison by year

Inflation
Dominican Republic

Saudi Arabia
1x
Year Consumer prices inflation
Dominican Republic Saudi Arabia
2025 3.87% 2.08%
2024 3.3% 1.69%
2023 4.79% 2.33%
2022 8.81% 2.47%
2021 8.24% 3.06%
2020 3.78% 3.37%
2019 1.81% -1.19%
2018 3.56% 2.47%
2017 3.28% -0.83%
2016 1.61% 2.05%
2015 0.84% 1.22%
2014 3% 2.24%
2013 4.83% 3.51%
2012 3.69% 2.87%
2011 5.8% 5.83%
2010 6.33% 5.34%
2009 1.44% 5.06%
2008 10.6% 9.87%
2007 6.14% 4.17%
2006 7.57% 2.21%
2005 4.19% 0.48%
2004 51.5% 0.52%
2003 27.4% 0.61%
2002 5.22% 0.25%
2001 8.88% -1.12%
2000 7.72% -1.12%
1999 6.47% -1.33%
1998 4.83% -0.37%
1997 8.3% 0.06%

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

GeoRank.org/economy/dominican-republic/saudi-arabia | CC BY

Over the past 29 years, the Dominican Republic has recorded an average annual inflation rate of 7.51%, compared with 1.99% in Saudi Arabia. In 2025, inflation was 3.87% in the Dominican Republic and 2.08% in Saudi Arabia.

Top exports between countries

Dominican Republic
Export category Export value
Processed food, beverages & tobacco $455K
Machinery & equipment $306K
Textiles & consumer goods $162K
Metals $47K
Raw materials & minerals $34K
Wood & paper products $14K
Chemicals & pharma $3K
Raw agricultural goods $2K
Saudi Arabia
Export category Export value
Chemicals & pharma $16.9M
Metals $3.86M
Textiles & consumer goods $1.12M
Machinery & equipment $486K
Processed food, beverages & tobacco $201K
Wood & paper products $91K
Raw materials & minerals $66K
Miscellaneous $3K

Balance of trade

Dominican Republic Saudi Arabia
Current account balance
-$1.49B
2025
-$32.7B
2025
Current account balance ranking
128/190
2025
185/190
2025
Current account balance, % of GDP
-1.17%
2025
-2.56%
2025
Goods imports
$29.8B
2025
$230B
2025
Goods exports
$16B
2025
$311B
2025
Service imports
$5.65B
2025
$129B
2025
Service exports
$14.4B
2025
$69.4B
2025
Imports of goods and services, % of GDP
27.9%
2025
28.2%
2025
Exports of goods and services, % of GDP
23.6%
2025
29.7%
2025

Economic freedom indices

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

Dominican Republic Saudi Arabia
Economic freedom 63.8 65.4
Economic freedom ranking 77/197 65/197
Property rights 53.9 51.4
Government integrity 39.8 52.7
Judicial effectiveness 58 38.2
Tax burden 84.4 99.2
Government spending 89.1 77
Fiscal health 76.6 97.9
Business freedom 71.4 71.2
Labor freedom 53.2 41.8
Monetary freedom 72.1 81.2
Trade freedom 67.4 73.8
Investment freedom 60 50
Financial freedom 40 50

Economic freedom comparison by year

Dominican Republic
Saudi Arabia
1x
Year Economic freedom index
Dominican Republic Saudi Arabia
2026 63.8 65.4
2025 64.3 64.4
2024 62.9 61.9
2023 62.6 58.3
2022 63 55.5
2021 62.1 66
2020 60.9 62.4
2019 61 60.7
2018 61.6 59.6
2017 62.9 64.4
2016 61 62.1
2015 61 62.1
2014 61.3 62.2
2013 59.7 60.6
2012 60.2 62.5
2011 60 66.2
2010 60.3 64.1
2009 59.2 64.3
2008 57.7 62.5
2007 56.8 60.9
2006 56.3 63
2005 55.1 63
2004 54.6 60.4
2003 57.8 63.2
2002 58.6 65.3
2001 59.1 62.2
2000 59 66.5
1999 58.1 65.5
1998 58.1 69.3
1997 53.5 68.7
1996 58.1 68.3
1995 55.8 -

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

GeoRank.org/economy/dominican-republic/saudi-arabia | CC BY

The Economic Freedom Index for the Dominican Republic is 63.8, ranking 77/197, compared to 65.4 for Saudi Arabia, ranking 65/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Dominican Republic Saudi Arabia
Services, % of GDP
60.1%
2025
48.9%
2025
Industry, % of GDP
28.4%
2025
43%
2025
Agriculture, forestry, and fishing, % of GDP
4.6%
2025
2.59%
2025
GNI, Atlas method
$122B
2025
$1.33T
2025
GNI per capita, PPP
$26,980
2025
$74,400
2025
Total reserves including gold
$14.8B
2025
$505B
2025
Total reserves ranking
71/177
2025
8/177
2025
Net foreign direct investment
-$5.03B
2025
-$5.6B
2025
Net inflows of foreign direct investment
$4.48B
2024
$21.3B
2024
Net outflows of foreign direct investment
-$47.3M
2024
$27.6B
2024
Servicing debt to the IMF, % of GNI
5.61%
2024
n/a
Poverty at national poverty lines
17.3%
2025
n/a
Gross capital formation, % of GDP
24.7%
2025
31.6%
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/saudi-arabia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, 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 (2022–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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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.