Palma ratio in Dominican Republic

Dominican Republic: Palma ratio was 1.75 in 2024. ▼ Falling

Latest (2024)
1.75
Change on year
up 3.4%
World rank
32nd
of 120 countries
All-time high
3.61
in 2003
All-time low
1.58
in 2022
Years of data
30
1986–2024

Palma ratio in Dominican Republic, 1986–2024

012341986200520241986: 2.91989: 3.31992: 3.31996: 2.81997: 32000: 3.52001: 3.22002: 3.22003: 3.62004: 3.62005: 3.22006: 3.52007: 32008: 2.92009: 32010: 2.82011: 2.82012: 2.62013: 2.82014: 2.32015: 2.42016: 2.52017: 2.12018: 2.32019: 2.12020: 1.82021: 1.72022: 1.62023: 1.72024: 1.8

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

The most recent figure for palma ratio in Dominican Republic is 1.75, measured in 2024.

The figure is up 3.4% on the previous year and down 24.5% over ten years.

Over the whole period, palma ratio in Dominican Republic peaked at 3.61 in 2003 and was at its lowest, 1.58, in 2022.

Dominican Republic ranks 32nd of 120 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 30 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1980s 3.09 2.89 3.29 2
1990s 3.06 2.79 3.34 3
2000s 3.27 2.88 3.61 10
2010s 2.47 2.06 2.82 10
2020s 1.71 1.58 1.8 5

Countries ranked near Dominican Republic

  1. 29 Morocco 1.83 compare
  2. 30 El Salvador 1.82 compare
  3. 31 Bulgaria 1.8 compare
  4. 33 Gambia 1.75 compare
  5. 34 Malawi 1.73 compare
  6. 35 Kenya 1.72 compare

See the full ranking of 120 places →

More reference data data for Dominican Republic

All data for Dominican Republic →

Frequently asked questions

What is palma ratio in Dominican Republic?
Palma ratio in Dominican Republic was 1.75 in 2024, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest palma ratio recorded in Dominican Republic?
The highest recorded value was 3.61 in 2003.
What is the lowest palma ratio recorded in Dominican Republic?
The lowest recorded value was 1.58 in 2022.
How does Dominican Republic rank for palma ratio?
Dominican Republic ranks 32nd out of 120 countries with data for 2024.
Is palma ratio rising or falling in Dominican Republic?
Over the last ten years it is down 24.5%. The long-run trend across the full record is falling.
Where does this Dominican Republic data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Palma ratio. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Palma ratio
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.