Sunday, April 26, 2026

Forbes highlights the Dominican Republic and China have a higher GDP per capita than Mexico

With the sustained growth that the Dominican Republic has achieved in recent years, its Gross Domestic Product has increased in relation to its population, achieving a higher GDP per capita than that of countries like Mexico. According to the latest available data from the World Bank, the Dominican Republic has a GDP per capita of US$10,875 dollars annually per person. The information was highlighted by the specialized economic magazine Forbes Mexico, emphasizing that China also has a better GDP per capita than Mexico. "Mexico's GDP per capita is already below China and the Dominican Republic, when in the 90s it was the opposite, according to experts," says Forbes. The publication contains statements from Ernesto Revilla, chief economist for Latin America for Citigroup, who states that Mexico's per capita GDP was significantly above China and the Dominican Republic in 1990, was the same in 2020, but that with data in 2024 it is 10 percent below China and the Dominican Republic in per capita GDP.

GDP per capita is an economic indicator obtained by dividing the Gross Domestic Product (GDP) of a territory by its population. This indicator allows us to understand the wealth and standard of living of a country, facilitating comparison between different nations and the identification of economic trends. Although it is useful for measuring economic well-being, it has limitations, as it does not always reflect the real quality of life of the population.

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