Dominican Republic

Region: Caribbean

Capital: Santo Domingo

Population: 10,056,200 (UNDP 2011)

Surface area: 48,380 sq km

Currency: Dominican peso (DOP)

GDP per capita: Purchasing power parity US $9,300 (2011 est.) CIA

Background:

Explored and claimed by Christopher Columbus on his first voyage in 1492, the island of Hispaniola became a springboard for Spanish conquest of the Caribbean and the American mainland. In 1697, Spain recognized French dominion over the western third of the island, which in 1804 became Haiti. The remainder of the island, by then known as Santo Domingo, sought to gain its own independence in 1821, but was conquered and ruled by the Haitians for 22 years; it finally attained independence as the Dominican Republic in 1844. In 1861, the Dominicans voluntarily returned to the Spanish Empire, but two years later they launched a war that restored independence in 1865. A legacy of unsettled, mostly non-representative rule followed, capped by the dictatorship of Rafael Leonidas Trujillo from 1930-61. Juan Bosch was elected president in 1962, but was deposed in a military coup in 1963. In 1965, the United States led an intervention in the midst of a civil war sparked by an uprising to restore Bosch. In 1966, Joaquin Balaguer defeated Bosch in an election to become president. Balaguer maintained a tight grip on power for most of the next 30 years when international reaction to flawed elections forced him to curtail his term in 1996. Since then, regular competitive elections have been held in which opposition candidates have won the presidency. Former President (1996-2000) Leonel Fernandez Reyna won election to a second term in 2004 following a constitutional amendment allowing presidents to serve more than one term.

 

Economy – Overview:

The Dominican Republic has long been viewed primarily as an exporter of sugar, coffee, and tobacco, but in recent years the service sector has overtaken agriculture as the economy’s largest employer, due to growth in telecommunications, tourism, and free trade zones. The economy is highly dependent upon the US, the destination for more than half of exports. Remittances from the US amount to about a 10th of GDP, equivalent to almost half of exports and three-quarters of tourism receipts. The country suffers from marked income inequality; the poorest half of the population receives less than one-fifth of GDP, while the richest 10% enjoys nearly 40% of GDP. High unemployment and underemployment remains an important long-term challenge. The Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) came into force in March 2007, boosting investment and exports and reducing losses to the Asian garment industry. The growth of the Dominican Republic’s economy rebounded in 2010-11 from the global recession, and remains one of the fastest growing in the region. (CIA, 2012)

Major Export Commodities: ferronickel, sugar, gold, silver, coffee, cocoa, tobacco, meats, consumer goods

Remittances:US $3,695 million (World Bank 2011 est.)

Human Development Index 2011: 98 out of 187 countries (UNDP 2011)

Official Development Assistance and Major Development Partners: Net ODA US $177 million (OECD 2010)

Major development partners: E.U. Institutions, U.S. Spain, Global Fund, Japan

Total External Debt: US $15.14 billion (31 December 2011 est.) CIA

Life Expectancy At Birth: 73.4 years

Environmental Indicators:

                                         Endangered Species (as a % of all species): 17

                                         Forested Area (percentage of land area): 40.8

                                         CO2 Emissions (tonnes per capita): 2.2

                                         (Data Source: UNDP 2011)

United Nations membership date: 24 October 1945

New York Mission:
Permanent Mission of the Dominican Republic to the United Nations
144 East 44th Street, 4th Floor
New York, N.Y. 10017 USA
Telephone: 212-867-0833, 0834, 661-2432
Fax: 212-986-4694

Website: www.un.int/wcm/content/site/dominicanrepublic

Sources:

CIA World Factbook. Central Intelligence Agency. www.cia.gov

World Development Indicators. World Bank www.worldbank.org

Development, Recipient Aid Charts. Organization for Economic Co-operation and Development. www.oecd.org

Human Development Report 2011.United Nations Development Programme. www.undp.org

 

Updated July 2012