Compare the economies of the countries

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Economy power of Dominican Republic & Panama

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Dominican Republic vs Panama

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Dominican Republic Panama
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The Dominican Republic is the country located on the eastern part of the Hispaniola island. It is located in the Greater Antilles archipelago of the Caribbean. The only border they have is with Haiti, which occupies the smaller part of the Hispaniola island.  More about Dominican Republic A transcontinental country of Panama is located in Central America and South America. The official and full name of the nation is the Republic of Panama. It shares borders with Costa Rica and Colombia. The largest city is Panama City with approximately 50% of citizens living in its metropolitan area. More about Panama

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

Dominican Republic Panama
Position in the ranking of countries 61 (2023) 73 (2023)
GDP [US$] 121,444,279,313 83,318,176,900
Percentage of the other 145.8 % 68.6 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

Dominican Republic Panama
Position in the ranking of countries 62 (2023) 71 (2023)
GNI [US$] 116,006,679,313 79,285,543,400
Percentage of the other 146.3 % 68.3 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Dominican Republic Panama
Position in the ranking of countries 127 (2023) 42 (2023)
External balance [US$] -8,911,362,526 2,835,916,900
Percentage of the other -314.2 % -31.8 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

Dominican Republic Panama
Position in the ranking of countries 127 (2023) 42 (2023)
Unemployment [%] 5.47 6.52
Percentage of the other 83.9 % 119.2 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

Dominican Republic Panama
Position in the ranking of countries 82 (2023) 124 (2023)
Population 11,331,265 4,458,759
Percentage of the other 254.1 % 39.3 %

Population growth (annual %)

Density

Gender

Demography