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The monthly minimum wage in the Dominican Republic is 168 USD. The Dominican Republic has a public debt equal to 77% of the country's gross domestic product (GDP) estimated in 2012. In terms of consumer prices, the inflation rate in the Dominican Republic is 5%. The currency of the Dominican Republic is the Dominican Peso. The plural form of the word Dominican peso is pesos. The symbol used for this currency is RD$ and is abbreviated as DOP. The Dominican peso is divided into centavos; there are 100 in a peso. Every year, consumers spend around $39,770 million. The ratio of consumer spending to GDP in the Dominican Republic is 0.07%, and the ratio of consumer spending to world consumer market is 11.46%. Corporate income tax in the Dominican Republic is 27%. Personal income tax ranges from 0% to 25% depending on your specific situation and income level. VAT in the Dominican Republic is 18%. In 2013, the Dominican Republic received $261.3 million in foreign aid. In 2014, foreign aid totaled $225.3 million.

Gross domestic product
The total Gross Domestic Product (GDP) valued at Purchasing Power Parity (PPP) in the Dominican Republic is US$138,511 billion. Gross Domestic Product (GDP) per capita, calculated as Purchasing Power Parity (PPP), was last seen at $12,727,286 in the Dominican Republic. PPP in the Dominican Republic is considered very good compared to other countries. A very good PPP shows that citizens in this country find it easy to buy local goods. Local goods can include food, shelter, clothing, healthcare, personal hygiene, essential furnishings, transportation and communications, laundry, and various types of insurance. Countries with very good PPP are safe investment locations. The total gross domestic product (GDP) in the Dominican Republic is 60.612 billion. Based on these statistics, the Dominican Republic is considered to be of medium economic strength. Middle economy countries support an average number of industries and investment opportunities. It shouldn't be too difficult to find worthwhile investment opportunities in mid-sized economies. Gross domestic product (GDP) per capita in the Dominican Republic was last seen at $5,569,422. The average citizen in the Dominican Republic has a very high net worth. Countries with very high per capita wealth have a longer life expectancy and a very high standard of living. Highly skilled labor can be found in many industries and labor is very expensive in these countries. Very wealthy countries offer safe investment opportunities as they are often backed by a diverse and thriving financial sector. The annual GDP growth rate in the Dominican Republic averaged 5.3% in 2014. According to this percentage, the Dominican Republic is currently experiencing significant growth. Significant growth countries offer the best opportunities for a significant return on investment, as the GDP growth rate is the most important indicator of economic health. As GDP grows, so do businesses, jobs and personal income.