Dominican Republic: cost of living

How much is petrol in the Dominican Republic?

Regular petrol cost RD$317.50 a gallon and premium RD$358.10 in the week of 10 to 16 October 2026, according to the Ministry of Industry, Commerce and MSMEs (MICM). Regular diesel was RD$270.80 and optimum diesel RD$318.10.

The government sets fuel prices weekly. For that week it kept regular petrol, regular diesel, liquefied petroleum gas and natural gas unchanged and raised premium petrol by RD$5.00 and optimum diesel by RD$12.00. The MICM reports RD$1,525.4 million in subsidies for the week and about RD$38,200 million so far in 2026. Prices are published on the MICM home page.

Official sources: MICM: fuel prices for the week of 10 October 2026 · MICM: home page

What is the poverty rate in the Dominican Republic?

17.3% of the Dominican Republic's population lived below the national poverty line in 2025, down from 19.0% in 2024, according to the World Bank.

The official monetary poverty figures are calculated by the Ministry of Economy, Planning and Development and the National Statistics Office from the Central Bank's labour force survey, which records household income. The poverty line is the cost of a basic basket of food and other goods and services.

Official sources: World Bank: poverty at national poverty lines, Dominican Republic

What are bank interest rates in the Dominican Republic?

Multiple banks in the Dominican Republic charged a weighted average lending rate of 13.65% in September 2026 and paid 6.97% on deposits, according to the Central Bank of the Dominican Republic.

These are averages across loans and deposits of all terms, weighted by amount. Rates on mortgages, consumer loans and credit cards differ from the average. The central bank's economy report for January to June 2026 put the lending rate at 13.60% and the deposit rate at 7.34% at the end of June. Private credit in pesos was 7.4% higher in September 2026 than a year earlier.

Official sources: BCRD: home page indicators · BCRD: economy report, January to June 2026 (PDF)

What is the inflation rate in the Dominican Republic?

In 2025, consumer price inflation in the Dominican Republic was 3.9%, according to the IMF. The peak was 10.6% in 2008 and the low 0.8% in 2015. It is 11th highest of 29 in Latin America & Caribbean, where the median is 2.1%. Of 165 countries with 2025 data, 57th highest.

What is household spending per person in the Dominican Republic?

The World Bank puts household consumption per person in the Dominican Republic at $6,427 in 2025. No year since 2005 has been higher. Across Latin America & Caribbean the middle value was $4,566, and the Dominican Republic placed 5th highest of 15. World rank, highest first: 49th of 124.

What is the extreme poverty rate in the Dominican Republic?

The latest figure from the World Bank, for 2024, is 0.8%. That is the lowest since at least 2005. Latin America & Caribbean median: 2.1%; the Dominican Republic is 12th highest of 14.

What is the poverty rate in the Dominican Republic?

17.3%: that is the share of people below the national poverty line in the Dominican Republic for 2025, according to the World Bank. That is the lowest since at least 2016. It is 6th highest of 8 in Latin America & Caribbean, where the median is 23.5%.

How unequal are incomes in the Dominican Republic?

According to the World Bank, the Gini index in the Dominican Republic was 39.0 in 2024. Since 2005 it has ranged from 37.0 (2022) to 52.0 (2006). Across Latin America & Caribbean the middle value was 43.6, and the Dominican Republic placed 14th highest of 14.

What is food insecurity in the Dominican Republic?

The FAO puts moderate or severe food insecurity in the Dominican Republic at 41.3% in 2024. It is the bottom of the series, which starts in 2015. It is 5th highest of 21 in Latin America & Caribbean, where the median is 28.0%. Worldwide: 36th of 135.