Dominican Republic Inflation Rate 1960-2023

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Dominican Republic inflation rate for 2021 was 8.24%, a 4.46% increase from 2020.
  • Dominican Republic inflation rate for 2020 was 3.78%, a 1.97% increase from 2019.
  • Dominican Republic inflation rate for 2019 was 1.81%, a 1.75% decline from 2018.
  • Dominican Republic inflation rate for 2018 was 3.56%, a 0.28% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 154.76%
Suriname 59.11%
Iran 43.39%
Turkey 19.60%
Belarus 9.46%
Brazil 8.30%
Dominican Republic 8.24%
Botswana 7.24%
Algeria 7.23%
Armenia 7.18%
Russia 6.69%
Azerbaijan 6.65%
Iraq 6.04%
Jamaica 5.86%
Mexico 5.69%
Tonga 5.64%
Romania 5.05%
Guyana 5.03%
Paraguay 4.79%
South Africa 4.61%
Peru 4.27%
Guatemala 4.26%
Serbia 4.09%
Mauritius 4.03%
Namibia 3.62%
Colombia 3.50%
Bulgaria 3.30%
Belize 3.24%
North Macedonia 3.23%
Samoa 3.13%
Malaysia 2.48%
Montenegro 2.41%
St. Lucia 2.41%
Albania 2.04%
Bosnia 1.98%
Costa Rica 1.73%
St. Vincent and the Grenadines 1.57%
Jordan 1.35%
Thailand 1.23%
Grenada 1.22%
China 0.98%
Maldives 0.54%
Fiji 0.16%
Ecuador 0.13%
Dominican Republic Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2021 8.24% 4.46%
2020 3.78% 1.97%
2019 1.81% -1.75%
2018 3.56% 0.28%
2017 3.28% 1.67%
2016 1.61% 0.78%
2015 0.84% -2.16%
2014 3.00% -1.83%
2013 4.83% 1.14%
2012 3.69% -2.10%
2011 5.80% -0.53%
2010 6.33% 4.89%
2009 1.44% -9.20%
2008 10.64% 4.50%
2007 6.14% -1.43%
2006 7.57% 3.38%
2005 4.19% -47.27%
2004 51.46% 24.01%
2003 27.45% 22.23%
2002 5.22% -3.66%
2001 8.88% 1.16%
2000 7.72% 1.25%
1999 6.47% 1.64%
1998 4.83% -3.46%
1997 8.30% 2.90%
1996 5.40% -7.14%
1995 12.54% 4.28%
1994 8.26% 3.01%
1993 5.25% 0.99%
1992 4.26% -42.82%
1991 47.08% -3.38%
1990 50.46% 9.80%
1989 40.66% -3.21%
1988 43.86% 30.31%
1987 13.55% 5.91%
1986 7.64% -37.70%
1985 45.34% 25.18%
1984 20.15% 14.52%
1983 5.63% -2.02%
1982 7.65% 0.13%
1981 7.51% -9.24%
1980 16.75% 7.58%
1979 9.17% 5.70%
1978 3.48% -9.38%
1977 12.85% 5.09%
1976 7.77% -6.74%
1975 14.50% 1.36%
1974 13.14% -1.94%
1973 15.08% 6.44%
1972 8.64% 5.06%
1971 3.58% -0.24%
1970 3.82% 2.86%
1969 0.96% 0.92%
1968 0.04% -1.20%
1967 1.24% 0.98%
1966 0.26% 2.15%
1965 -1.89% -4.00%
1964 2.11% -6.47%
1963 8.58% -0.58%
1962 9.16% 13.06%
1961 -3.90% -0.34%
1960 -3.56% -0.34%