Palma ratio wb in Dominican Republic

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

Latest (2024)
1.75
Change on year
up 3.4%
World rank
31st
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 wb 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: Our World in Data.

Analysis

The most recent figure for palma ratio wb 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 wb in Dominican Republic peaked at 3.61 in 2003 and was at its lowest, 1.58, in 2022.

Dominican Republic ranks 31st 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.

Palma ratio wb in Dominican Republic, year by year

Annual values for Palma ratio wb in Dominican Republic, 1986 to 2024.
Year Value Change
1986 2.89 —
1989 3.29 +14.0%
1992 3.34 +1.3%
1996 2.79 -16.3%
1997 3.04 +8.7%
2000 3.51 +15.7%
2001 3.22 -8.3%
2002 3.18 -1.2%
2003 3.61 +13.5%
2004 3.58 -0.9%
2005 3.19 -11.0%
2006 3.55 +11.4%
2007 3.01 -15.1%
2008 2.88 -4.5%
2009 3 +4.5%
2010 2.78 -7.5%
2011 2.82 +1.4%
2012 2.58 -8.3%
2013 2.81 +8.6%
2014 2.32 -17.3%
2015 2.44 +5.2%
2016 2.54 +4.0%
2017 2.08 -18.1%
2018 2.25 +8.2%
2019 2.06 -8.6%
2020 1.8 -12.6%
2021 1.72 -4.6%
2022 1.58 -8.2%
2023 1.7 +7.5%
2024 1.75 +3.4%

Dominican Republic compared with similar countries

  • Dominican Republic's 1.75 is above the median for upper middle income countries, which is 1.5, 1.2× the median. (35 countries reporting)
  • Dominican Republic's 1.75 is below the median for Latin America & Caribbean, which is 2.37, 74% of the median. (18 countries reporting)

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. 28 Morocco 1.83 compare
  2. 29 El Salvador 1.82 compare
  3. 30 Bulgaria 1.8 compare
  4. 32 Gambia 1.75 compare
  5. 33 Malawi 1.73 compare
  6. 34 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 wb in Dominican Republic?
Palma ratio wb in Dominican Republic was 1.75 in 2024, according to Our World in Data.
What is the highest palma ratio wb recorded in Dominican Republic?
The highest recorded value was 3.61 in 2003.
What is the lowest palma ratio wb recorded in Dominican Republic?
The lowest recorded value was 1.58 in 2022.
How does Dominican Republic rank for palma ratio wb?
Dominican Republic ranks 31st out of 120 countries with data for 2024.
Is palma ratio wb 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 Our World in Data, published as part of Palma ratio wb. Statizoid updates them automatically from the source API.

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Palma ratio wb in Dominican Republic. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/dominican-republic/

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About this data

Indicator
Palma ratio wb
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed