Dominican Republic

Dominican Republic
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With roughly 11.5 million residents in 2025, the Dominican Republic serves a substantial Caribbean consumer market. Peso bank payments and electronic transfers support local commerce, while card acceptance connects merchants with both domestic shoppers and international visitors.

Population

12M

GDP

$127B

GDP per Capita

$11K

GDP Growth

2.1%

Deepdive

World Bank, World Development Indicators (WDI), 2025

Cash in Dominican Republic

Physical Dominican peso cash continues to be useful outside resorts and larger stores, where cards are accepted. Cash machines are easier to find in towns and tourist centers, leaving smaller businesses more dependent on banknotes.

ATMs (PER 100K)

47.6

BANKS (PER 100K)

11.0

DEBIT CARDS (PER ADULT)

1.0

CREDIT CARDS (PER ADULT)

0.5

Compare

IMF, Financial Access Survey (FAS), 2025