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Economy of Dominican Republic vs Slovenia compared: GDP & Debt

Updated on by Georank team

The Dominican Republic has a GDP of $124B compared to $73B for Slovenia, ranking 63/197 and 86/197 by economy size, respectively.

The Dominican Republic has $73.1B in government debt (58.8% of GDP), compared to $48.6B (66.6% of GDP) in Slovenia.

Dominican Republic vs Slovenia GDP by year

Dominican Republic
Slovenia
1x
Year GDP, current $
Dominican Republic Slovenia
2024 $124,282,245,639 $72,972,015,197
2023 $120,456,239,154 $69,255,264,238
2022 $113,478,087,135 $59,899,117,741
2021 $94,850,719,517 $61,540,813,362
2020 $78,546,672,407 $53,384,760,135
2019 $89,146,130,745 $53,909,922,736
2018 $84,994,732,049 $53,689,067,640
2017 $79,070,274,743 $48,153,200,135
2016 $75,552,902,636 $44,290,685,824
2015 $70,966,782,572 $42,709,468,275
2014 $67,014,329,100 $49,514,466,380
2013 $62,555,417,415 $47,867,056,859
2012 $60,561,635,556 $46,167,053,954
2011 $57,948,261,616 $51,199,194,599
2010 $53,801,053,353 $47,793,117,241
2009 $48,223,781,477 $49,975,540,955
2008 $48,091,433,554 $55,509,332,322
2007 $43,965,458,509 $47,880,266,543
2006 $37,879,830,084 $39,260,368,837
2005 $35,777,560,684 $35,947,936,824
2004 $22,322,387,382 $34,156,553,313
2003 $21,403,167,848 $29,360,575,032
2002 $27,137,440,786 $23,214,593,516
2001 $25,601,823,688 $20,668,868,707
2000 $24,305,780,629 $20,159,190,702
1999 $22,136,579,397 $22,609,669,084
1998 $21,672,215,547 $22,058,635,314
1997 $20,017,450,041 $20,726,878,752
1996 $18,241,622,548 $21,470,699,363
1995 $16,637,370,839 $21,367,422,159
1994 $14,644,734,599 $16,400,767,070
1993 $13,081,042,400 $14,449,298,372
1992 $11,605,382,504 $14,277,261,541
1991 $9,824,483,340 $14,454,495,059
1990 $7,073,675,545 $19,832,029,087
1989 $6,686,593,060 -
1988 $5,374,299,981 -
1987 $5,827,050,753 -
1986 $6,122,128,558 -
1985 $5,044,579,979 -
1984 $11,594,000,000 -
1983 $9,220,600,000 -
1982 $8,267,400,000 -
1981 $7,561,300,000 -
1980 $6,761,300,000 -
1979 $5,498,800,000 -
1978 $4,734,400,000 -
1977 $4,587,100,000 -
1976 $3,951,500,000 -
1975 $3,599,200,000 -
1974 $2,925,700,000 -
1973 $2,344,800,000 -
1972 $1,987,400,000 -
1971 $1,666,500,000 -
1970 $1,485,500,000 -
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 (1960–2024, retrieved 2026-04-06).

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

GDP per capita in Dominican Republic vs Slovenia by year

Dominican Republic
GDP per capita

GDP per capita, PPP
Slovenia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominican Republic Slovenia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $10,876 $27,542 $34,301 $57,186
2023 $10,630 $25,840 $32,660 $56,064
2022 $10,104 $24,626 $28,360 $52,347
2021 $8,527 $22,053 $29,193 $45,914
2020 $7,135 $18,998 $25,392 $41,767
2019 $8,183 $19,767 $25,814 $42,373
2018 $7,883 $17,995 $25,888 $38,620
2017 $7,413 $16,846 $23,303 $36,180
2016 $7,160 $16,282 $21,448 $33,575
2015 $6,801 $14,804 $20,697 $31,336
2014 $6,496 $13,465 $24,013 $30,572
2013 $6,137 $12,414 $23,237 $29,634
2012 $6,014 $11,777 $22,442 $28,787
2011 $5,827 $11,695 $24,941 $28,716
2010 $5,479 $11,246 $23,330 $27,579
2009 $4,974 $10,382 $24,502 $27,229
2008 $5,024 $10,346 $27,462 $29,461
2007 $4,650 $9,951 $23,725 $27,468
2006 $4,055 $9,130 $19,563 $25,571
2005 $3,878 $8,215 $17,970 $23,682
2004 $2,452 $7,375 $17,104 $22,588
2003 $2,383 $7,098 $14,712 $20,916
2002 $3,066 $7,158 $11,639 $20,004
2001 $2,936 $6,848 $10,376 $18,763
2000 $2,831 $6,639 $10,136 $17,892
1999 $2,621 $6,305 $11,401 $17,007
1998 $2,608 $5,963 $11,132 $15,994
1997 $2,449 $5,618 $10,437 $15,257
1996 $2,271 $5,161 $10,797 $14,284
1995 $2,109 $4,871 $10,738 $13,637
1994 $1,892 $4,599 $8,244 $13,975
1993 $1,722 $4,474 $7,255 $12,976
1992 $1,558 $4,151 $7,151 $12,296
1991 $1,346 $3,722 $7,229 $12,698
1990 $989 $3,641 $9,925 $13,491
1989 $955 - - -
1988 $784 - - -
1987 $868 - - -
1986 $932 - - -
1985 $784 - - -
1984 $1,844 - - -
1983 $1,500 - - -
1982 $1,376 - - -
1981 $1,288 - - -
1980 $1,180 - - -
1979 $984 - - -
1978 $868 - - -
1977 $863 - - -
1976 $763 - - -
1975 $713 - - -
1974 $595 - - -
1973 $490 - - -
1972 $427 - - -
1971 $368 - - -
1970 $338 - - -
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 (1960–2024, retrieved 2026-04-06).

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

The Dominican Republic's GDP per capita is $10,876, ranking 83/197, compared to $34,301 in Slovenia, ranking 34/197. Adjusted for purchasing power (GDP per capita PPP), the Dominican Republic ranks 76th at $27,542, while Slovenia ranks 37th at $57,186.

Economic indicators

Dominican Republic Slovenia
Gross domestic product
$124B
2024
$73B
2024
GDP rank
63/197
2024
86/197
2024
GDP growth
4.95%
2023-2024
1.73%
2023-2024
GDP per capita
$10,876
2024
$34,301
2024
GDP per capita rank
83/197
2024
34/197
2024
GDP per capita, PPP
$27,542
2024
$57,186
2024
GDP per capita PPP rank
76/197
2024
37/197
2024
Government debt
$73.1B
2024
$48.6B
2024
Debt-to-GDP ratio
58.8%
2024
66.6%
2024
Government debt per person
$6,394
2024
$22,842
2024
Government debt per person rank
71/185
2024
29/185
2024
Average annual personal income after taxes
$6,547
2026
$22,215
2026
Market capitalization of domestic companies n/a
$11.4B
2024
Income share by richest 10%
29.5%
2024
20.6%
2023
Income share by poorest 10%
2.3%
2024
4.1%
2023
Government expenditure, % of GDP
19.5%
2024
46.5%
2024
Consumer prices inflation
3.3%
2023-2024
1.97%
2023-2024
Central bank interest rate
5.5%
2025
n/a
Unemployment rate
5.31%
2024
3.7%
2024
Population
11637906
2124138

Spending and national debt comparison by year

Dominican Republic
Spending

Debt
Slovenia
Spending

Debt
1x
Year % of GDP
Dominican Republic Slovenia
Government spending Government debt Government spending Government debt
2024 19.5% 58.8% 46.5% 66.6%
2023 19.1% 60.5% 46.4% 68.3%
2022 18.5% 59.6% 47.7% 72.8%
2021 18.4% 62.8% 49.9% 74.8%
2020 22.2% 71.8% 51.8% 80.2%
2019 17.8% 53.5% 43.8% 66%
2018 16.5% 50.8% 44.1% 71%
2017 17.3% 49.5% 44.6% 74.9%
2016 17% 46.7% 46.9% 79.4%
2015 16.7% 44.8% 49.5% 83.4%
2014 17% 45% 50.6% 81.1%
2013 18.5% 46.8% 57.7% 70.8%
2012 19.8% 42.4% 50% 54.1%
2011 16% 39.1% 51.4% 46.8%
2010 16.1% 37.4% 50.7% 38.6%
2009 16.2% 36.8% 50% 34.9%
2008 18.5% 33.6% 45.2% 21.9%
2007 16.3% 32.9% 43.5% 22.9%
2006 17% 36% 45.7% 26.2%
2005 15.5% 38.3% 46.7% 26.6%
2004 17.3% 34.3% 46.9% 27.1%
2003 17.2% 48.2% 47.6% 27%
2002 16.5% 21.5% 47.8% 27.7%
2001 14.9% 20.4% 49.2% 26.3%
2000 14.1% 16.7% 47.8% 26.1%
1999 13.4% 16% 47.2% 23.8%
1998 12.6% 13.2% 46.4% 22.8%
1997 13.2% 13.8% 45.4% 22.1%
1996 11.4% 23% 45.2% 21.6%
1995 11% 25.7% 53% 18.2%
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 (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-02-20).

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

In 2024, the Dominican Republic's government spending was $24.2B, accounting for 19.5% of its GDP, while Slovenia spent $33.9B, or 46.5% of GDP.

Debt-to-GDP ratio is 58.8% in the Dominican Republic and 66.6% in Slovenia, ranking 83/185 and 66/185, respectively.

Government deficit by year

Deficit/surplus
Dominican Republic

Slovenia
1x
Year Deficit/surplus, % of GDP
Dominican Republic Slovenia
2024 -3.09% -0.93%
2023 -3.28% -2.59%
2022 -3.25% -3.02%
2021 -2.92% -4.61%
2020 -7.94% -7.68%
2019 -3.46% 0.68%
2018 -2.17% 0.9%
2017 -3.12% 0.05%
2016 -3.11% -2%
2015 -0.03% -2.84%
2014 -2.76% -4.53%
2013 -4.41% -11.2%
2012 -6.26% -4.2%
2011 -3.07% -6.69%
2010 -2.97% -5.56%
2009 -2.9% -5.87%
2008 -3.43% -1.44%
2007 0.28% -0.08%
2006 -1.69% -1.26%
2005 -0.71% -1.38%
2004 -3.6% -1.98%
2003 -4.24% -2.66%
2002 -2.28% -2.47%
2001 -0.73% -4.58%
2000 -0.86% -3.77%
1999 -0.79% -3.04%
1998 -0.29% -2.39%
1997 -0.64% -2.37%
1996 0.14% -1.16%
1995 0.82% -8.19%
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 (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1996, retrieved 2026-02-20).

GeoRank.org/economy/dominican-republic/slovenia | 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 Slovenia's deficit of $681M, or 0.93% of GDP.

Over the past 30 years, the Dominican Republic recorded a fiscal deficit in 27 of those years, while Slovenia ran a deficit in 27 years. On average, the Dominican Republic posted an annual deficit equal to 2.43% of GDP, compared to deficit of 3.23% of GDP for Slovenia.

Inflation comparison by year

Inflation
Dominican Republic

Slovenia
1x
Year Consumer prices inflation
Dominican Republic Slovenia
2024 3.3% 1.97%
2023 4.79% 7.45%
2022 8.81% 8.83%
2021 8.24% 1.92%
2020 3.78% -0.05%
2019 1.81% 1.63%
2018 3.56% 1.74%
2017 3.28% 1.43%
2016 1.61% -0.05%
2015 0.84% -0.53%
2014 3% 0.2%
2013 4.83% 1.77%
2012 3.69% 2.6%
2011 5.8% 1.8%
2010 6.33% 1.8%
2009 1.44% 0.84%
2008 10.6% 5.65%
2007 6.14% 3.66%
2006 7.57% 2.46%
2005 4.19% 2.45%
2004 51.5% 3.59%
2003 27.4% 5.54%
2002 5.22% 7.48%
2001 8.88% 8.38%
2000 7.72% 8.91%
1999 6.47% 6.16%
1998 4.83% 7.89%
1997 8.3% 8.36%

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

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

Over the past 28 years, the Dominican Republic has recorded an average annual inflation rate of 7.64%, compared with 3.71% in Slovenia. In 2024, inflation was 3.3% in the Dominican Republic and 1.97% in Slovenia.

Top exports between countries

Dominican Republic
Export category Export value
Processed food, beverages & tobacco $294K
Textiles & consumer goods $68K
Chemicals & pharma $47K
Machinery & equipment $28K
Slovenia
Export category Export value
Textiles & consumer goods $1.76M
Machinery & equipment $291K
Raw materials & minerals $137K
Miscellaneous $45K
Chemicals & pharma $32K
Metals $5K
Raw agricultural goods $1K
Wood & paper products $1K

Balance of trade

Dominican Republic Slovenia
Current account balance
-$4.17B
2024
$3.32B
2024
Current account balance ranking
163/190
2024
37/190
2024
Current account balance, % of GDP
-3.35%
2024
+4.55%
2024
Goods imports
$29.8B
2024
$45.2B
2024
Goods exports
$13.9B
2024
$45.6B
2024
Service imports
$6.34B
2024
$9.52B
2024
Service exports
$14.7B
2024
$13.6B
2024
Imports of goods and services, % of GDP
29%
2024
74.7%
2024
Exports of goods and services, % of GDP
22.8%
2024
80.9%
2024

Economic freedom indices

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

Dominican Republic Slovenia
Economic freedom 63.8 69.7
Economic freedom ranking 77/197 40/197
Property rights 53.9 87.6
Government integrity 39.8 66.1
Judicial effectiveness 58 91.6
Tax burden 84.4 55.5
Government spending 89.1 34.1
Fiscal health 76.6 83.5
Business freedom 71.4 78.7
Labor freedom 53.2 62.7
Monetary freedom 72.1 77.5
Trade freedom 67.4 79.4
Investment freedom 60 70
Financial freedom 40 50

Economic freedom comparison by year

Dominican Republic
Slovenia
1x
Year Economic freedom index
Dominican Republic Slovenia
2026 63.8 69.7
2025 64.3 68.3
2024 62.9 65.9
2023 62.6 68.5
2022 63 70.5
2021 62.1 68.3
2020 60.9 67.8
2019 61 65.5
2018 61.6 64.8
2017 62.9 59.2
2016 61 60.6
2015 61 60.3
2014 61.3 62.7
2013 59.7 61.7
2012 60.2 62.9
2011 60 64.6
2010 60.3 64.7
2009 59.2 62.9
2008 57.7 60.2
2007 56.8 59.6
2006 56.3 61.9
2005 55.1 59.6
2004 54.6 59.2
2003 57.8 57.7
2002 58.6 57.8
2001 59.1 61.8
2000 59 58.3
1999 58.1 61.3
1998 58.1 60.7
1997 53.5 55.6
1996 58.1 50.4
1995 55.8 -

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

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

The Economic Freedom Index for the Dominican Republic is 63.8, ranking 77/197, compared to 69.7 for Slovenia, ranking 40/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Dominican Republic Slovenia
Services, % of GDP
59.8%
2024
57.9%
2024
Industry, % of GDP
28.7%
2024
29.1%
2024
Agriculture, forestry, and fishing, % of GDP
4.45%
2024
1.54%
2024
GNI, Atlas method
$117B
2024
$67.6B
2024
GNI per capita, PPP
$26,050
2024
$56,520
2024
Total reserves including gold
$13.5B
2024
$2.83B
2024
Total reserves ranking
71/177
2024
118/177
2024
Net foreign direct investment
-$4.52B
2024
-$405M
2024
Net inflows of foreign direct investment
$4.48B
2024
$1.87B
2024
Net outflows of foreign direct investment
-$47.3M
2024
$1.46B
2024
Servicing debt to the IMF, % of GNI
5.62%
2024
n/a
Poverty at national poverty lines
19%
2024
12.7%
2022
Gross capital formation, % of GDP
27%
2024
21.5%
2024

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/slovenia | CC BY

Compare countries by 7 more topics

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, 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 (2021–2024, 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.