Dominican Republic: competitiveness index 2008-2019

Published by Statista Research Department, Aug 8, 2024
The score given to the Dominican Republic on the Global Competitiveness Report, a study that assesses the competitiveness level of countries' economies worldwide, has been increasing lately. In 2019, the Dominican economy had a competitiveness index of 58.3 points (in a range from 1 to 100), up from less than 57.4 points observed one year before.

Moreover, the growth rate of the Dominican Republic's gross domestic product (GDP) is predicted to oscillate in the near future.

Competitiveness index of the Dominican Republic from 2008 to 2019

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Release date

October 2019

Region

Dominican Republic, Central and South America

Survey time period

2008 to 2019

Supplementary notes

* From 2017, the study methodology changed. Before 2017, the index ranged from 1 to 7. As of 2017, it ranges from 1 to 100.
The Global Competitiveness Index is based on twelve pillars of competitiveness, such as technology levels, infrastructure, labor market efficiency, etc. These indicators are combined in an index which provides insight into how a country is able to generate wealth.

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