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.
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% |