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it's a developing country. The Dominican Republic has the second largest economy (the largest, according to the U.S. State Department) in Central America and the Caribbean. It is an upper middle-incomedeveloping country,with a 2007 GDP per capita of $9,208, in PPP terms, which is relatively high in Latin America. In the trimester of January-March 2007 it experienced an exceptional growth of 9.1% in its GDP, which was actually below the previous year's 10.9% in the same period. Growth was led by imports, followed by exports, with finance and foreign investment the next largest factors.

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11y ago

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