Dominican Republic Inflation Rate 1960-2024

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 2023 was 4.79%, a 4.03% decline from 2022.
  • Dominican Republic inflation rate for 2022 was 8.81%, a 0.57% increase from 2021.
  • 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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 221.34%
Turkey 53.86%
Iran 44.58%
Kazakhstan 14.73%
Serbia 12.37%
Colombia 11.74%
Romania 10.40%
Bulgaria 9.44%
North Macedonia 9.36%
Algeria 9.32%
Azerbaijan 8.79%
Montenegro 8.58%
Samoa 8.12%
Mauritius 7.05%
Jamaica 6.47%
Peru 6.46%
Tonga 6.35%
Guatemala 6.21%
South Africa 6.07%
Namibia 5.88%
Mexico 5.53%
Botswana 5.07%
Belarus 5.00%
Dominican Republic 4.79%
Paraguay 4.63%
Brazil 4.59%
St. Vincent and the Grenadines 4.56%
Belize 4.39%
St. Lucia 4.07%
Gabon 3.63%
Dominica 3.48%
Maldives 2.93%
Guyana 2.82%
Grenada 2.70%
Malaysia 2.49%
Libya 2.37%
Ecuador 2.22%
Jordan 2.08%
Armenia 1.98%
Thailand 1.23%
Costa Rica 0.53%
China 0.23%
Dominican Republic Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 4.79% -4.03%
2022 8.81% 0.57%
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%