Dominican Republic: Savings, percent of GDP
* indicates monthly or quarterly data series
| Dominican Republic |
Savings as percent of GDP |
|---|---|
| Latest value | 27.49 |
| Year | 2023 |
| Measure | percent |
| Data availability | 1968 - 2023 |
| Average | 18.14 |
| Min - Max | -2.10 - 27.86 |
| Source | The World Bank |
The latest value from 2023 is 27.49 percent, a decline from 27.68 percent in 2022. In comparison, the world average is 23.44 percent, based on data from 96 countries. Historically, the average for Dominican Republic from 1968 to 2023 is 18.14 percent. The minimum value, -2.1 percent, was reached in 1984 while the maximum of 27.86 percent was recorded in 2021.
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* indicates monthly or quarterly data series
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The savings in Dominican Republic and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.
Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.
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International lending and sovereign debt
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Share of industry | 31.14 | 2023 | percent |
| Share of manufacturing | 13.75 | 2023 | percent |
| Share of services | 56.00 | 2023 | percent |
| Industry value added | 37.82 | 2023 | billion U.S. dollars |
| Manufacturing value added | 16.69 | 2023 | billion U.S. dollars |
| Services value added | 68.01 | 2023 | billion U.S. dollars |
| Savings, percent of GDP | 27.49 | 2023 | percent |
| Savings, in dollars | 33.38 | 2023 | billion U.S. dollars |