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Economy of Dominican Republic vs Syria compared: GDP & Debt

Updated on by Georank team

The Dominican Republic has a GDP of $124B compared to $20B for Syria, ranking 63/197 and 129/197 by economy size, respectively.

The Dominican Republic has $73.1B in government debt (58.8% of GDP), compared to $18.4B (30% of GDP) in Syria.

Dominican Republic vs Syria GDP by year

Dominican Republic
Syria
1x
Year GDP, current $
Dominican Republic Syria
2024 $124,282,245,639 -
2023 $120,456,239,154 $19,993,439,950
2022 $113,478,087,135 $23,622,827,080
2021 $94,850,719,517 $14,353,205,678
2020 $78,546,672,407 $12,047,752,036
2019 $89,146,130,745 $22,583,045,060
2018 $84,994,732,049 $21,497,782,868
2017 $79,070,274,743 $16,369,843,352
2016 $75,552,902,636 $12,597,854,877
2015 $70,966,782,572 $16,466,863,117
2014 $67,014,329,100 $21,502,061,466
2013 $62,555,417,415 $21,361,254,635
2012 $60,561,635,556 $43,190,318,033
2011 $57,948,261,616 $67,539,428,159
2010 $53,801,053,353 $61,390,830,875
2009 $48,223,781,477 $54,111,735,629
2008 $48,091,433,554 $52,557,913,569
2007 $43,965,458,509 $40,465,318,382
2006 $37,879,830,084 $33,751,788,856
2005 $35,777,560,684 $28,858,965,517
2004 $22,322,387,382 $25,086,950,495
2003 $21,403,167,848 $21,828,144,686
2002 $27,137,440,786 $20,669,357,462
2001 $25,601,823,688 $20,237,024,725
2000 $24,305,780,629 $18,937,052,543
1999 $22,136,579,397 $15,873,875,969
1998 $21,672,215,547 $15,200,846,154
1997 $20,017,450,041 $14,505,233,463
1996 $18,241,622,548 $13,789,560,878
1995 $16,637,370,839 $11,396,706,587
1994 $14,644,734,599 $10,122,020,000
1993 $13,081,042,400 $13,695,962,055
1992 $11,605,382,504 $13,253,565,861
1991 $9,824,483,340 $12,981,833,333
1990 $7,073,675,545 $12,308,624,418
1989 $6,686,593,060 $9,853,395,762
1988 $5,374,299,981 $10,577,041,645
1987 $5,827,050,753 $11,356,215,543
1986 $6,122,128,558 $13,293,205,278
1985 $5,044,579,979 $16,403,539,893
1984 $11,594,000,000 $17,503,078,174
1983 $9,220,600,000 $17,589,277,143
1982 $8,267,400,000 $16,298,929,011
1981 $7,561,300,000 $15,518,201,335
1980 $6,761,300,000 $13,062,420,382
1979 $5,498,800,000 $9,929,681,529
1978 $4,734,400,000 $9,275,200,458
1977 $4,587,100,000 $7,696,011,396
1976 $3,951,500,000 $7,633,528,867
1975 $3,599,200,000 $6,826,980,444
1974 $2,925,700,000 $5,159,557,148
1973 $2,344,800,000 $3,239,487,516
1972 $1,987,400,000 $3,059,681,698
1971 $1,666,500,000 $2,589,851,325
1970 $1,485,500,000 $2,140,384,010
1969 $1,230,500,000 $2,245,011,515
1968 $1,079,100,000 $1,753,746,430
1967 $1,034,800,000 $1,580,229,799
1966 $983,900,000 $1,342,287,553
1965 $888,100,000 $1,472,036,540
1964 $1,025,599,900 $1,339,494,267
1963 $940,799,900 $1,200,447,408
1962 $824,100,000 $1,110,565,881
1961 $654,100,200 $945,244,972
1960 $672,399,700 $857,704,413

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

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

GDP per capita in Dominican Republic vs Syria by year

Dominican Republic
GDP per capita

GDP per capita, PPP
Syria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominican Republic Syria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $10,876 $27,542 - -
2023 $10,630 $25,840 $847 $4,650
2022 $10,104 $24,626 $1,052 $4,772
2021 $8,527 $22,053 $664 $4,593
2020 $7,135 $18,998 $572 $3,738
2019 $8,183 $19,767 $1,110 $3,502
2018 $7,883 $17,995 $1,098 $3,456
2017 $7,413 $16,846 $852 $3,265
2016 $7,160 $16,282 $656 -
2015 $6,801 $14,804 $848 -
2014 $6,496 $13,465 $1,061 -
2013 $6,137 $12,414 $986 -
2012 $6,014 $11,777 $1,898 -
2011 $5,827 $11,695 $2,952 -
2010 $5,479 $11,246 $2,731 -
2009 $4,974 $10,382 $2,462 -
2008 $5,024 $10,346 $2,429 -
2007 $4,650 $9,951 $1,938 -
2006 $4,055 $9,130 $1,719 -
2005 $3,878 $8,215 $1,534 -
2004 $2,452 $7,375 $1,368 -
2003 $2,383 $7,098 $1,220 -
2002 $3,066 $7,158 $1,183 -
2001 $2,936 $6,848 $1,187 -
2000 $2,831 $6,639 $1,138 -
1999 $2,621 $6,305 $978 -
1998 $2,608 $5,963 $961 -
1997 $2,449 $5,618 $941 -
1996 $2,271 $5,161 $918 -
1995 $2,109 $4,871 $780 -
1994 $1,892 $4,599 $712 -
1993 $1,722 $4,474 $993 -
1992 $1,558 $4,151 $990 -
1991 $1,346 $3,722 $1,000 -
1990 $989 $3,641 $978 -
1989 $955 - $809 -
1988 $784 - $898 -
1987 $868 - $997 -
1986 $932 - $1,208 -
1985 $784 - $1,544 -
1984 $1,844 - $1,706 -
1983 $1,500 - $1,776 -
1982 $1,376 - $1,703 -
1981 $1,288 - $1,676 -
1980 $1,180 - $1,458 -
1979 $984 - $1,146 -
1978 $868 - $1,108 -
1977 $863 - $951 -
1976 $763 - $976 -
1975 $713 - $904 -
1974 $595 - $707 -
1973 $490 - $459 -
1972 $427 - $448 -
1971 $368 - $393 -
1970 $338 - $335 -
1969 $287.7 - $364 -
1968 $259.6 - $293.3 -
1967 $256.2 - $272.9 -
1966 $250.9 - $239.3 -
1965 $233.2 - $270.8 -
1964 $277.3 - $254.2 -
1963 $262.2 - $234.9 -
1962 $236.8 - $223.9 -
1961 $193.9 - $196.3 -
1960 $205.7 - $183.5 -

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

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

The Dominican Republic's GDP per capita is $10,876, ranking 83/197, compared to $847 in Syria, ranking 185/197. Adjusted for purchasing power (GDP per capita PPP), the Dominican Republic ranks 76th at $27,542, while Syria ranks 160th at $4,650.

Economic indicators

Dominican Republic Syria
Gross domestic product
$124B
2024
$20B
2023
GDP rank
63/197
2024
129/197
2023
GDP growth
4.95%
2023-2024
-1.21%
2022-2023
GDP per capita
$10,876
2024
$847
2023
GDP per capita rank
83/197
2024
185/197
2023
GDP per capita, PPP
$27,542
2024
$4,650
2023
GDP per capita PPP rank
76/197
2024
160/197
2023
Government debt
$73.1B
2024
$18.4B
2010
Debt-to-GDP ratio
58.8%
2024
30%
2010
Government debt per person
$6,394
2024
$820
2010
Government debt per person rank
71/185
2024
148/185
2010
Average annual personal income after taxes
$6,547
2026
$730
2026
Income share by richest 10%
29.5%
2024
21.1%
2022
Income share by poorest 10%
2.3%
2024
3.8%
2022
Government expenditure, % of GDP
19.5%
2024
28.6%
2010
Consumer prices inflation
3.3%
2023-2024
13.4%
2018-2019
Central bank interest rate
5.5%
2025
n/a
Unemployment rate
5.31%
2024
8.61%
2010
Population
11637906
26829400

Spending and national debt comparison by year

Dominican Republic
Spending

Debt
Syria
Spending

Debt
1x
Year % of GDP
Dominican Republic Syria
Government spending Government debt Government spending Government debt
2024 19.5% 58.8% - -
2023 19.1% 60.5% - -
2022 18.5% 59.6% - -
2021 18.4% 62.8% - -
2020 22.2% 71.8% - -
2019 17.8% 53.5% - -
2018 16.5% 50.8% - -
2017 17.3% 49.5% - -
2016 17% 46.7% - -
2015 16.7% 44.8% - -
2014 17% 45% - -
2013 18.5% 46.8% - -
2012 19.8% 42.4% - -
2011 16% 39.1% - -
2010 16.1% 37.4% 28.6% 30%
2009 16.2% 36.8% 26.7% 31.2%
2008 18.5% 33.6% 22.9% 37.3%
2007 16.3% 32.9% 25.7% 42.7%
2006 17% 36% 26.3% 45%
2005 15.5% 38.3% 28.2% 50.7%
2004 17.3% 34.3% 31.3% 113%
2003 17.2% 48.2% 32.6% 133.4%
2002 16.5% 21.5% 28.5% 132.4%
2001 14.9% 20.4% 28% 144.5%
2000 14.1% 16.7% 27.4% 152.1%
1999 13.4% 16% 28% 147.7%
1998 12.6% 13.2% 28.8% 151.2%
1997 13.2% 13.8% 29% 147.6%
1996 11.4% 23% 27.7% 141.5%
1995 11% 25.7% 29.8% 152.6%
1994 12.1% 28.5% 30.3% 163%
1993 13% 36.1% 29.4% 171.9%
1992 10.4% 38.5% 34.2% 173.6%
1991 8.65% 47.3% 34.3% 182.4%
1990 9.1% 84.7% 28.3% 189.8%
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-02-20).

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

In 2024, the Dominican Republic's government spending was $24.2B, accounting for 19.5% of its GDP, while Syria spent $17.6B, or 28.6% of GDP.

Debt-to-GDP ratio is 58.8% in the Dominican Republic and 30% in Syria, ranking 83/185 and 157/185, respectively.

Government deficit by year

Deficit/surplus
Dominican Republic

Syria
1x
Year Deficit/surplus, % of GDP
Dominican Republic Syria
2024 -3.09% -
2023 -3.28% -
2022 -3.25% -
2021 -2.92% -
2020 -7.94% -
2019 -3.46% -
2018 -2.17% -
2017 -3.12% -
2016 -3.11% -
2015 -0.03% -
2014 -2.76% -
2013 -4.41% -
2012 -6.26% -
2011 -3.07% -
2010 -2.97% -7.79%
2009 -2.9% -2.89%
2008 -3.43% -2.86%
2007 0.28% -2.99%
2006 -1.69% -1.12%
2005 -0.71% -4.41%
2004 -3.6% -4.18%
2003 -4.24% -2.7%
2002 -2.28% -2.02%
2001 -0.73% 2.3%
2000 -0.86% -1.36%
1999 -0.79% -1.47%
1998 -0.29% -2.81%
1997 -0.64% -1.78%
1996 0.14% -2.83%
1995 0.82% -3.81%
1994 -0.39% -6%
1993 -0.16% -4.96%
1992 2.35% -7.26%
1991 0.11% -6.57%
1990 0.39% -3.92%
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 (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1996, retrieved 2026-02-20).

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

In 2010, the Dominican Republic's government deficit, the difference between spending and revenue, was $1.6B, equivalent to 2.97% of GDP. This compares to Syria's deficit of $4.78B, or 7.79% of GDP.

Over the past 21 years, the Dominican Republic recorded a fiscal deficit in 15 of those years, while Syria ran a deficit in 20 years. On average, the Dominican Republic posted an annual deficit equal to 1.03% of GDP, compared to deficit of 3.4% of GDP for Syria.

Inflation comparison by year

Inflation
Dominican Republic

Syria
1x
Year Consumer prices inflation
Dominican Republic Syria
2024 3.3% -
2023 4.79% -
2022 8.81% -
2021 8.24% -
2020 3.78% -
2019 1.81% 13.4%
2018 3.56% 0.94%
2017 3.28% 18.1%
2016 1.61% 47.7%
2015 0.84% 38.5%
2014 3% 10.9%
2013 4.83% 40%
2012 3.69% 36.7%
2011 5.8% 4.75%
2010 6.33% 4.4%
2009 1.44% 2.92%
2008 10.6% 15.7%
2007 6.14% 3.91%
2006 7.57% 10%
2005 4.19% 7.24%
2004 51.5% 4.43%
2003 27.4% 5.8%
2002 5.22% -0.13%
2001 8.88% 3%
2000 7.72% -3.85%
1999 6.47% -3.7%
1998 4.83% -0.8%
1997 8.3% 1.89%

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

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

Over the past 23 years, the Dominican Republic has recorded an average annual inflation rate of 8.05%, compared with 11.4% in Syria. In 2019, inflation was 3.3% in the Dominican Republic and 13.4% in Syria.

Top exports between countries

Dominican Republic
Export category Export value
Syria
Export category Export value
Raw agricultural goods $296K
Raw materials & minerals $38K

Balance of trade

Dominican Republic Syria
Current account balance
-$4.17B
2024
-$367M
2010
Current account balance ranking
163/190
2024
103/190
2010
Current account balance, % of GDP
-3.35%
2024
-0.6%
2010
Goods imports
$29.8B
2024
$15.9B
2010
Goods exports
$13.9B
2024
$12.3B
2010
Service imports
$6.34B
2024
$3.53B
2010
Service exports
$14.7B
2024
$7.33B
2010
Imports of goods and services, % of GDP
29%
2024
28.8%
2022
Exports of goods and services, % of GDP
22.8%
2024
6.81%
2022

Economic freedom indices

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

Dominican Republic Syria
Economic freedom 63.8 51.2
Economic freedom ranking 77/197 155/197
Property rights 53.9 4
Government integrity 39.8 3.6
Judicial effectiveness 58 3.7
Tax burden 84.4 87.3
Government spending 89.1 78.5
Fiscal health 76.6 13.8
Business freedom 71.4 33.8
Labor freedom 53.2 37.2
Monetary freedom 72.1 80
Trade freedom 67.4 47
Investment freedom 60 0
Financial freedom 40 20

Economic freedom comparison by year

Dominican Republic
Syria
1x
Year Economic freedom index
Dominican Republic Syria
2026 63.8 -
2025 64.3 -
2024 62.9 -
2023 62.6 -
2022 63 -
2021 62.1 -
2020 60.9 -
2019 61 -
2018 61.6 -
2017 62.9 -
2016 61 -
2015 61 -
2014 61.3 -
2013 59.7 -
2012 60.2 51.2
2011 60 51.3
2010 60.3 49.4
2009 59.2 51.3
2008 57.7 47.2
2007 56.8 48.3
2006 56.3 51.2
2005 55.1 46.3
2004 54.6 40.6
2003 57.8 41.3
2002 58.6 36.3
2001 59.1 36.6
2000 59 37.2
1999 58.1 39
1998 58.1 42.2
1997 53.5 43
1996 58.1 42.3
1995 55.8 -

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

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

The Economic Freedom Index for the Dominican Republic is 63.8, ranking 77/197, compared to 51.2 for Syria, ranking 155/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Dominican Republic Syria
Services, % of GDP
59.8%
2024
44.9%
2022
Industry, % of GDP
28.7%
2024
12%
2022
Agriculture, forestry, and fishing, % of GDP
4.45%
2024
43.1%
2022
GNI, Atlas method
$117B
2024
$18.2B
2023
GNI per capita, PPP
$26,050
2024
$4,480
2023
Total reserves including gold
$13.5B
2024
$20.6B
2010
Total reserves ranking
71/177
2024
62/177
2010
Net foreign direct investment
-$4.52B
2024
-$1.47B
2010
Net inflows of foreign direct investment
$4.48B
2024
$0
2024
Net outflows of foreign direct investment
-$47.3M
2024
$0
2024
Servicing debt to the IMF, % of GNI
5.62%
2024
0.15%
2023
Poverty at national poverty lines
19%
2024
35.2%
2007
Gross capital formation, % of GDP
27%
2024
16%
1969

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/syria | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, 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 (2010, 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.