Dominican Republic Economy

The Dominican economy, with a population of 9.4 M (est. 2010 Census), has the second largest economy in Central America with an overall ranking of 70th in the world. It has a GDP PPP of $103.2 Billion and GDP PPP per capita of $9,991 vs. $53,101 (United States) according to the IMF in 2013. Its national currency is the Peso with ISO value DOP/or RD$ that is issued by Central Bank of the Dominican Republic ( The banks in the country offer transaction accounts (Cuentas Corriente), Peso Savings Accounts (Cuentas de Ahorro), Ahorro En DÓLARES (Savings in US Dollars) as well deposits with a fixed term and a fixed yield (Certificados de Depósito). According to its inflation was 5% in 2013 and 3.7% in 2012.