{"id":12078,"date":"2026-01-14T21:32:02","date_gmt":"2026-01-14T21:32:02","guid":{"rendered":"https:\/\/dmklawyers.com\/?p=12078"},"modified":"2026-01-14T21:32:05","modified_gmt":"2026-01-14T21:32:05","slug":"economic-shift-the-dominican-republic-surpasses-mexico-in-gdp-per-capita","status":"publish","type":"post","link":"https:\/\/dmklawyers.com\/en\/economic-shift-the-dominican-republic-surpasses-mexico-in-gdp-per-capita\/","title":{"rendered":"Economic shift: The Dominican Republic surpasses Mexico in GDP per capita"},"content":{"rendered":"\n<p>Three decades ago, Mexico outperformed the Dominican Republic in terms of income per capita. Today, the picture is markedly different: <strong>the Dominican Republic\u2019s GDP per capita is 10% higher than Mexico\u2019s<\/strong>, according to data cited by <strong>Forbes M\u00e9xico<\/strong>.<\/p>\n\n\n\n<p>This information was disclosed by <strong>Ernesto Revilla<\/strong>, Chief Economist for Latin America at <strong>Citigroup<\/strong>, during the <em>Seminar on Economic Outlook 2026<\/em> organized by the <strong>Instituto Tecnol\u00f3gico Aut\u00f3nomo de M\u00e9xico (ITAM)<\/strong>.<\/p>\n\n\n\n<p>According to the publication, in 1990 Mexico stood well above the Dominican Republic in terms of per capita income. However, this trend began to shift over recent decades. By 2020, the Dominican Republic and China had reached similar levels, and by 2024 both the Caribbean nation and the Asian economy had surpassed Mexico.<\/p>\n\n\n\n<p>Based on data from the <strong>World Bank<\/strong>, the Dominican Republic recorded <strong>GDP growth of 5.0% in 2024<\/strong>, representing an increase of <strong>2.8 percentage points<\/strong> compared to 2023.<\/p>\n\n\n\n<p>Revilla explained that one of Mexico\u2019s main macroeconomic challenges is its <strong>low economic growth rate<\/strong>. During the administration of <strong>Andr\u00e9s Manuel L\u00f3pez Obrador<\/strong>, Mexico\u2019s economy grew by an average of just <strong>0.9% per year<\/strong>. According to <em>Forbes<\/em>, the expert noted that, in per capita income terms, the Mexican economy has <strong>virtually not grown over the past six years<\/strong>.<\/p>\n\n\n\n<p>According to the <strong>Ministry of Economy of the Dominican Republic<\/strong>, the average exchange rate in 2024 stood at <strong>RD$59.58 per U.S. dollar<\/strong>, very close to the figure projected in the August 2024 Macroeconomic Framework (RD$59.82), representing a <strong>cumulative depreciation of 6.07%<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Three decades ago, Mexico outperformed the Dominican Republic in terms of income per capita. Today, the picture is markedly different: the Dominican Republic\u2019s GDP per capita is 10% higher than Mexico\u2019s, according to data cited by Forbes M\u00e9xico. This information&#8230;<\/p>\n","protected":false},"author":9,"featured_media":12053,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[149],"tags":[],"class_list":["post-12078","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-in-dr"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Economic shift: The Dominican Republic 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