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Dominican Republic

Quick facts

filter_center_focus Capital Santo Domingo
translate Language Spanish
wc Population 10225482
filter_hdr Land Area 48730
blur_on Density 209.8
person President: Danilo Medina
person Vice President: Margarita Cedeño De Fernandez

Estimated population

Estimated population graph

UN Department of Economic and Social Affairs

This data was obtained from the 2012 Revision of the World Population Prospects, which is a set of global demographic estimates and projections undertaken by the Population Division of the United Nations Department of Economic and Social Affairs of the United Nations Secretariat. Estimates are for the total population as of 1 July of the year indicated, and may be rounded to the nearest thousand.

Economic overview

The Dominican Republic is expected to post economic growth of around 3% in 2013 (compared with 3.9% in 2012), driven by agriculture, mining and quarries, construction and financial services. On the demand side, less government consumption during the first half of the year contributed to the economic slowdown.

Inflation may close the year at 5%, up from 3.9% in 2012 but still within the target range set by the monetary authorities. On the strength of fiscal consolidation efforts, the consolidated public sector deficit is expected to come in at around 4.3% at end-2013, down from 7.8% in 2012. (Preliminary Overview of the Economies of Latin America and the Caribbean 2013)