Dominican Republic DO: GDP: Growth: Gross Value Added: Services

1967 - 2016 | Yearly | % | World Bank

Dominican Republic DO: GDP: Growth: Gross Value Added: Services data was reported at 6.155 % in 2016. This records a decrease from the previous number of 6.546 % for 2015. Dominican Republic DO: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 5.662 % from Dec 1967 (Median) to 2016, with 50 observations. The data reached an all-time high of 16.432 % in 1970 and a record low of -27.800 % in 1967. Dominican Republic DO: GDP: Growth: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Dominican Republic – Table DO.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

View Dominican Republic's Dominican Republic DO: GDP: Growth: Gross Value Added: Services from 1967 to 2016 in the chart:

Dominican Republic Dominican Republic DO: GDP: Growth: Gross Value Added: Services

What was Dominican Republic's Dominican Republic DO: GDP: Growth: Gross Value Added: Services in 2016?

Last Previous Min Max Unit Frequency Range
6.16 2016 6.55 2015 -27.80 1967 16.43 1970 % yearly 1967 - 2016

Related Indicators for Dominican Republic DO: GDP: Growth: Gross Value Added: Services

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Dominican Republic Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 32,810.350 2027 yearly 1980 - 2027
Forecast: Nominal GDP Per Capita (USD) 14,479.760 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 4.985 2028 yearly 1980 - 2028
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (DOP bn) 1,982.578 2029 yearly 1997 - 2029
Forecast: Government Net Debt (DOP bn) 5,920.723 2029 yearly 1997 - 2029
Forecast: Government Revenue (DOP bn) 1,762.556 2029 yearly 1997 - 2029
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 11.203 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 6.000 2029 yearly 1991 - 2029
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 4.033 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -4.947 2029 yearly 1980 - 2029

More Indicators for Dominican Republic

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data