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Economy of Dominican Republic vs Tonga compared: GDP & Debt

Updated on by Georank team

The Dominican Republic has a GDP of $124B compared to $591M for Tonga, ranking 63/197 and 191/197 by economy size, respectively.

The Dominican Republic has $73.1B in government debt (58.8% of GDP), compared to $256M (37% of GDP) in Tonga.

Dominican Republic vs Tonga GDP by year

Dominican Republic
Tonga
1x
Year GDP, current $
Dominican Republic Tonga
2024 $124,282,245,639 -
2023 $120,456,239,154 $591,139,749
2022 $113,478,087,135 $556,514,555
2021 $94,850,719,517 $519,306,353
2020 $78,546,672,407 $506,571,468
2019 $89,146,130,745 $506,031,239
2018 $84,994,732,049 $493,530,783
2017 $79,070,274,743 $459,976,850
2016 $75,552,902,636 $420,828,262
2015 $70,966,782,572 $437,525,514
2014 $67,014,329,100 $440,997,738
2013 $62,555,417,415 $451,788,498
2012 $60,561,635,556 $471,122,971
2011 $57,948,261,616 $414,143,828
2010 $53,801,053,353 $366,887,375
2009 $48,223,781,477 $312,415,028
2008 $48,091,433,554 $344,438,844
2007 $43,965,458,509 $298,519,623
2006 $37,879,830,084 $292,232,703
2005 $35,777,560,684 $261,823,805
2004 $22,322,387,382 $230,678,011
2003 $21,403,167,848 $202,246,591
2002 $27,137,440,786 $182,764,281
2001 $25,601,823,688 $181,117,230
2000 $24,305,780,629 $204,848,488
1999 $22,136,579,397 $199,208,718
1998 $21,672,215,547 $191,504,893
1997 $20,017,450,041 $214,991,452
1996 $18,241,622,548 $222,100,576
1995 $16,637,370,839 $208,871,666
1994 $14,644,734,599 $195,990,986
1993 $13,081,042,400 $138,489,884
1992 $11,605,382,504 $137,066,291
1991 $9,824,483,340 $132,201,141
1990 $7,073,675,545 $113,563,822
1989 $6,686,593,060 $106,344,855
1988 $5,374,299,981 $106,657,267
1987 $5,827,050,753 $81,667,133
1986 $6,122,128,558 $68,195,856
1985 $5,044,579,979 $60,058,663
1984 $11,594,000,000 $64,248,355
1983 $9,220,600,000 $60,863,964
1982 $8,267,400,000 $62,068,161
1981 $7,561,300,000 $62,242,013
1980 $6,761,300,000 $53,260,077
1979 $5,498,800,000 $44,667,002
1978 $4,734,400,000 $41,567,472
1977 $4,587,100,000 $34,139,388
1976 $3,951,500,000 $30,036,417
1975 $3,599,200,000 $32,506,742
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/tonga | CC BY

GDP per capita in Dominican Republic vs Tonga by year

Dominican Republic
GDP per capita

GDP per capita, PPP
Tonga
GDP per capita

GDP per capita, PPP
1x
Year Current $
Dominican Republic Tonga
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $10,876 $27,542 - -
2023 $10,630 $25,840 $5,652 $7,803
2022 $10,104 $24,626 $5,298 $7,296
2021 $8,527 $22,053 $4,923 $6,929
2020 $7,135 $18,998 $4,792 $6,676
2019 $8,183 $19,767 $4,789 $6,473
2018 $7,883 $17,995 $4,675 $6,393
2017 $7,413 $16,846 $4,366 $6,229
2016 $7,160 $16,282 $3,988 $5,920
2015 $6,801 $14,804 $4,124 $5,472
2014 $6,496 $13,465 $4,137 $5,336
2013 $6,137 $12,414 $4,219 $5,120
2012 $6,014 $11,777 $4,384 $4,996
2011 $5,827 $11,695 $3,850 $4,855
2010 $5,479 $11,246 $3,416 $4,465
2009 $4,974 $10,382 $2,914 $4,384
2008 $5,024 $10,346 $3,218 $4,600
2007 $4,650 $9,951 $2,797 $4,316
2006 $4,055 $9,130 $2,750 $4,327
2005 $3,878 $8,215 $2,478 $4,315
2004 $2,452 $7,375 $2,195 $4,235
2003 $2,383 $7,098 $1,936 $4,231
2002 $3,066 $7,158 $1,759 $4,171
2001 $2,936 $6,848 $1,754 $3,955
2000 $2,831 $6,639 $1,995 $3,834
1999 $2,621 $6,305 $1,952 $3,636
1998 $2,608 $5,963 $1,889 $3,527
1997 $2,449 $5,618 $2,136 $3,434
1996 $2,271 $5,161 $2,215 $3,410
1995 $2,109 $4,871 $2,084 $3,347
1994 $1,892 $4,599 $1,957 $3,088
1993 $1,722 $4,474 $1,383 $2,882
1992 $1,558 $4,151 $1,370 $2,716
1991 $1,346 $3,722 $1,323 $2,652
1990 $989 $3,641 $1,139 $2,416
1989 $955 - $1,070 -
1988 $784 - $1,078 -
1987 $868 - $830 -
1986 $932 - $696 -
1985 $784 - $613 -
1984 $1,844 - $656 -
1983 $1,500 - $621 -
1982 $1,376 - $633 -
1981 $1,288 - $636 -
1980 $1,180 - $545 -
1979 $984 - $458 -
1978 $868 - $428 -
1977 $863 - $353 -
1976 $763 - $315 -
1975 $713 - $349 -
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/tonga | CC BY

The Dominican Republic's GDP per capita is $10,876, ranking 83/197, compared to $5,652 in Tonga, ranking 115/197. Adjusted for purchasing power (GDP per capita PPP), the Dominican Republic ranks 76th at $27,542, while Tonga ranks 144th at $7,803.

Economic indicators

Dominican Republic Tonga
Gross domestic product
$124B
2024
$591M
2023
GDP rank
63/197
2024
191/197
2023
GDP growth
4.95%
2023-2024
2.79%
2022-2023
GDP per capita
$10,876
2024
$5,652
2023
GDP per capita rank
83/197
2024
115/197
2023
GDP per capita, PPP
$27,542
2024
$7,803
2023
GDP per capita PPP rank
76/197
2024
144/197
2023
Government debt
$73.1B
2024
$256M
2023
Debt-to-GDP ratio
58.8%
2024
37%
2024
Government debt per person
$6,394
2024
$2,445
2023
Government debt per person rank
71/185
2024
111/185
2023
Average annual personal income after taxes
$6,547
2026
$3,886
2026
Income share by richest 10%
29.5%
2024
22%
2021
Income share by poorest 10%
2.3%
2024
4%
2021
Government expenditure, % of GDP
19.5%
2024
51.3%
2024
Consumer prices inflation
3.3%
2023-2024
3.18%
2023-2024
Central bank interest rate
5.5%
2025
n/a
Unemployment rate
5.31%
2024
1.65%
2023
Population
11637906
103309

Spending and national debt comparison by year

Dominican Republic
Spending

Debt
Tonga
Spending

Debt
1x
Year % of GDP
Dominican Republic Tonga
Government spending Government debt Government spending Government debt
2024 19.5% 58.8% 51.3% 37%
2023 19.1% 60.5% 48.2% 43.3%
2022 18.5% 59.6% 44.4% 43.2%
2021 18.4% 62.8% 44.6% 43%
2020 22.2% 71.8% 37.9% 42.6%
2019 17.8% 53.5% 39.9% 42.8%
2018 16.5% 50.8% 39.6% 45.8%
2017 17.3% 49.5% 39.7% 44.7%
2016 17% 46.7% 37.2% 49.4%
2015 16.7% 44.8% 37.4% 51.1%
2014 17% 45% 31.5% 47.4%
2013 18.5% 46.8% 34.3% 48.9%
2012 19.8% 42.4% 32% 60%
2011 16% 39.1% 32.6% 51.9%
2010 16.1% 37.4% 28.4% 44.7%
2009 16.2% 36.8% 23.9% 39.7%
2008 18.5% 33.6% 24% 34%
2007 16.3% 32.9% 23.2% 37.8%
2006 17% 36% 25.6% 39.6%
2005 15.5% 38.3% 19.8% 43.3%
2004 17.3% 34.3% 19.3% 52.2%
2003 17.2% 48.2% 20% 56.2%
2002 16.5% 21.5% 21.3% 60.7%
2001 14.9% 20.4% 19.1% 53.4%
2000 14.1% 16.7% 20% 43.6%
1999 13.4% 16% 18.8% 38.4%
1998 12.6% 13.2% - -
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/tonga | CC BY

In 2024, the Dominican Republic's government spending was $24.2B, accounting for 19.5% of its GDP, while Tonga spent $285M, or 51.3% of GDP.

Debt-to-GDP ratio is 58.8% in the Dominican Republic and 37% in Tonga, ranking 83/185 and 142/185, respectively.

Government deficit by year

Deficit/surplus
Dominican Republic

Tonga
1x
Year Deficit/surplus, % of GDP
Dominican Republic Tonga
2024 -3.09% 4.17%
2023 -3.28% 6.14%
2022 -3.25% -0.1%
2021 -2.92% -0.87%
2020 -7.94% 5.25%
2019 -3.46% 3.28%
2018 -2.17% 2.92%
2017 -3.12% 3.58%
2016 -3.11% 1.47%
2015 -0.03% -2.75%
2014 -2.76% 6.38%
2013 -4.41% -1.3%
2012 -6.26% -1.74%
2011 -3.07% -6.02%
2010 -2.97% -1.22%
2009 -2.9% 6.85%
2008 -3.43% 2.14%
2007 0.28% 5.39%
2006 -1.69% 1.34%
2005 -0.71% 4.23%
2004 -3.6% 4.23%
2003 -4.24% 2.37%
2002 -2.28% 2.59%
2001 -0.73% 2.23%
2000 -0.86% 1.35%
1999 -0.79% 1.55%
1998 -0.29% -
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/tonga | CC BY

In 2023, the Dominican Republic's government deficit, the difference between spending and revenue, was $3.95B, equivalent to 3.28% of GDP. This compares to Tonga's surplus of $36.3M, or 6.14% of GDP.

Over the past 25 years, the Dominican Republic recorded a fiscal deficit in 24 of those years, while Tonga ran a deficit in 7 years. On average, the Dominican Republic posted an annual deficit equal to 2.79% of GDP, compared to surplus of 1.97% of GDP for Tonga.

Inflation comparison by year

Inflation
Dominican Republic

Tonga
1x
Year Consumer prices inflation
Dominican Republic Tonga
2024 3.3% 3.18%
2023 4.79% 6.35%
2022 8.81% 11%
2021 8.24% 5.64%
2020 3.78% -0.35%
2019 1.81% 1.18%
2018 3.56% 5.03%
2017 3.28% 7.52%
2016 1.61% 2.58%
2015 0.84% -1.05%
2014 3% 2.51%
2013 4.83% 0.78%
2012 3.69% 1.15%
2011 5.8% 6.27%
2010 6.33% 3.53%
2009 1.44% 1.43%
2008 10.6% 10.4%
2007 6.14% 5.84%
2006 7.57% 6.15%
2005 4.19% 8.67%
2004 51.5% 11%
2003 27.4% 11.6%
2002 5.22% 10.4%
2001 8.88% 8.29%
2000 7.72% 6.33%
1999 6.47% 4.46%
1998 4.83% 3.27%
1997 8.3% 2.12%

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

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

Over the past 28 years, the Dominican Republic has recorded an average annual inflation rate of 7.64%, compared with 5.19% in Tonga. In 2024, inflation was 3.3% in the Dominican Republic and 3.18% in Tonga.

Balance of trade

Dominican Republic Tonga
Current account balance
-$4.17B
2024
-$43.5M
2024
Current account balance ranking
163/190
2024
83/190
2024
Current account balance, % of GDP
-3.35%
2024
-7.93%
2023
Goods imports
$29.8B
2024
$232M
2024
Goods exports
$13.9B
2024
$10.8M
2024
Service imports
$6.34B
2024
$161M
2024
Service exports
$14.7B
2024
$93.6M
2024
Imports of goods and services, % of GDP
29%
2024
64.9%
2023
Exports of goods and services, % of GDP
22.8%
2024
14.7%
2023

Economic freedom indices

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

Dominican Republic Tonga
Economic freedom 63.8 58.9
Economic freedom ranking 77/197 107/197
Property rights 53.9 71.1
Government integrity 39.8 45.1
Judicial effectiveness 58 64.9
Tax burden 84.4 85.6
Government spending 89.1 31
Fiscal health 76.6 97.3
Business freedom 71.4 59.2
Labor freedom 53.2 55.9
Monetary freedom 72.1 61
Trade freedom 67.4 75.4
Investment freedom 60 40
Financial freedom 40 20

Economic freedom comparison by year

Dominican Republic
Tonga
1x
Year Economic freedom index
Dominican Republic Tonga
2026 63.8 58.9
2025 64.3 58.5
2024 62.9 59.2
2023 62.6 60
2022 63 60.8
2021 62.1 57.5
2020 60.9 58.8
2019 61 57.7
2018 61.6 63.1
2017 62.9 63
2016 61 59.6
2015 61 59.3
2014 61.3 58.2
2013 59.7 56
2012 60.2 57
2011 60 55.8
2010 60.3 53.4
2009 59.2 54.1
2008 57.7 -
2007 56.8 -
2006 56.3 -
2005 55.1 -
2004 54.6 -
2003 57.8 -
2002 58.6 -
2001 59.1 -
2000 59 -
1999 58.1 -
1998 58.1 -
1997 53.5 -
1996 58.1 -
1995 55.8 -

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

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

The Economic Freedom Index for the Dominican Republic is 63.8, ranking 77/197, compared to 58.9 for Tonga, ranking 107/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Dominican Republic Tonga
Services, % of GDP
59.8%
2024
50%
2023
Industry, % of GDP
28.7%
2024
14.9%
2023
Agriculture, forestry, and fishing, % of GDP
4.45%
2024
19%
2023
GNI, Atlas method
$117B
2024
$619M
2023
GNI per capita, PPP
$26,050
2024
$8,400
2023
Total reserves including gold
$13.5B
2024
$377M
2024
Total reserves ranking
71/177
2024
163/177
2024
Net foreign direct investment
-$4.52B
2024
$13.3M
2024
Net inflows of foreign direct investment
$4.48B
2024
-$12.1M
2024
Net outflows of foreign direct investment
-$47.3M
2024
$1.25M
2024
Servicing debt to the IMF, % of GNI
5.62%
2024
2.76%
2023
Poverty at national poverty lines
19%
2024
20.6%
2021
Gross capital formation, % of GDP
27%
2024
25.9%
2023

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/tonga | 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 (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. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. 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.