Dominican Republic Dominican Republic The Dominican Republic ( ) is a country located in the island of Hispaniola, in the Greater Antilles archipelago of the Caribbean region. It occupies the eastern five-eighths of the island, which it shares with the nation of Haiti, making Hispaniola one of two Caribbean islands, along with Saint Martin, that are shared by two sovereign states. The Dominican Republic is the second-largest Caribbean nation by area (after Cuba) at , and third by population with approximately 10 million people, of which approximately three million live in the metropolitan area of Santo Domingo, the capital city. Christopher Columbus
Economy of the Dominican Republic China 13.9%, Mexico 4.5%, Brazil 4.3% (2017) Debt - external: $29.69 billion (31 December 2017 est.) Economic aid - recipient: $76.99 million (2005) Currency: Dominican peso Exchange rates: Dominican pesos per US dollar - 33.113 (2007), 33.406 (2006), 30.409 (2005), 42.12 (2004), 30.831 (2003) Fiscal year: calendar year Economy of the Dominican Republic The Dominican Republic has the ninth largest economy in Latin America, and is the largest in the Caribbean and Central region. It is an upper middle-income developing country primarily dependent on mining, agriculture, trade, and services. Although the service sector has recently overtaken agriculture as the leading