Monthly minimum wage (Local currency), annual growth rate in Dominican Republic
Dominican Republic: Monthly minimum wage (Local currency), annual growth rate was 4 % change on previous year in 2024. ◆ Volatile
Monthly minimum wage (Local currency), annual growth rate in Dominican Republic, 1996–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, monthly minimum wage (local currency), annual growth rate in Dominican Republic stood at 4 % change on previous year.
The figure is down 73.3% on the previous year and down 93.8% over ten years.
Over the whole period, monthly minimum wage (local currency), annual growth rate in Dominican Republic peaked at 64.13 % change on previous year in 2014 and was at its lowest, -8.13 % change on previous year, in 2017.
That places Dominican Republic 79th out of 168 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Monthly minimum wage (Local currency), annual growth rate in Dominican Republic, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1996 | 0 % change on previous year | — |
| 1997 | 19.98 % change on previous year | — |
| 1998 | 0 % change on previous year | -100.0% |
| 1999 | 12.99 % change on previous year | — |
| 2000 | 0 % change on previous year | -100.0% |
| 2001 | 18.1 % change on previous year | — |
| 2002 | 7.95 % change on previous year | -56.1% |
| 2003 | 21.43 % change on previous year | +169.5% |
| 2004 | 43.38 % change on previous year | +102.5% |
| 2005 | 0 % change on previous year | -100.0% |
| 2006 | 0 % change on previous year | — |
| 2007 | 15 % change on previous year | — |
| 2008 | 0 % change on previous year | -100.0% |
| 2009 | 15.01 % change on previous year | — |
| 2010 | 0 % change on previous year | -100.0% |
| 2011 | 17 % change on previous year | — |
| 2012 | 0 % change on previous year | -100.0% |
| 2013 | 14 % change on previous year | — |
| 2014 | 64.13 % change on previous year | +358.0% |
| 2015 | 13.99 % change on previous year | -78.2% |
| 2016 | 0 % change on previous year | -100.0% |
| 2017 | -8.13 % change on previous year | — |
| 2018 | 0 % change on previous year | -100.0% |
| 2019 | 14 % change on previous year | — |
| 2020 | 0 % change on previous year | -100.0% |
| 2021 | 15.71 % change on previous year | — |
| 2022 | 4.25 % change on previous year | -72.9% |
| 2023 | 15 % change on previous year | +252.9% |
| 2024 | 4 % change on previous year | -73.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.24 % change on previous year | 0 % change on previous year | 19.98 % change on previous year | 4 |
| 2000s | 12.09 % change on previous year | 0 % change on previous year | 43.38 % change on previous year | 10 |
| 2010s | 11.5 % change on previous year | -8.13 % change on previous year | 64.13 % change on previous year | 10 |
| 2020s | 7.79 % change on previous year | 0 % change on previous year | 15.71 % change on previous year | 5 |
Countries ranked near Dominican Republic
More work & labour data for Dominican Republic
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.5342 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.5118 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.5561 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -1.48 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.3757 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 12,209 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,056 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 5,888 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 5,787 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 11,675 1000 No (2100)
Frequently asked questions
- What is monthly minimum wage (local currency), annual growth rate in Dominican Republic?
- Monthly minimum wage (local currency), annual growth rate in Dominican Republic was 4 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest monthly minimum wage (local currency), annual growth rate recorded in Dominican Republic?
- The highest recorded value was 64.13 % change on previous year in 2014.
- What is the lowest monthly minimum wage (local currency), annual growth rate recorded in Dominican Republic?
- The lowest recorded value was -8.13 % change on previous year in 2017.
- How does Dominican Republic rank for monthly minimum wage (local currency), annual growth rate?
- Dominican Republic ranks 79th out of 168 countries with data for 2024.
- Is monthly minimum wage (local currency), annual growth rate rising or falling in Dominican Republic?
- Over the last ten years it is down 93.8%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from Statizoid (derived), published as part of Monthly minimum wage (Local currency), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Monthly minimum wage International Labour Organization
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Monthly minimum wage (Local currency). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.