Dominican Republic recorded a Current Account deficit of 336.70 USD Million in the fourth quarter of 2019.

Current Account in Dominican Republic averaged -398.74 USD Million from 1993 until 2019, reaching an all time high of 587 USD Million in the first quarter of 2004 and a record low of -1561.10 USD Million in the second quarter of 2008. This page provides - Dominican Republic Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic Current Account - values, historical data and charts - was last updated on July of 2020.

Current Account in Dominican Republic is expected to be -260.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Dominican Republic to stand at 340.00 in 12 months time. In the long-term, the Dominican Republic Current Account is projected to trend around -500.00 USD Million in 2021 and -430.00 USD Million in 2022, according to our econometric models.

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Dominican Republic Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-336.70 -860.80 587.00 -1561.10 1993 - 2019 USD Million Quarterly

Dominican Republic Trade Last Previous Highest Lowest Unit
Balance of Trade -648.60 -746.00 -80.60 -1028.20 USD Million [+]
Current Account -336.70 -860.80 587.00 -1561.10 USD Million [+]
Current Account to GDP -1.40 -1.40 5.00 -9.40 percent [+]
Imports 1623.90 1752.90 1926.90 324.80 USD Million [+]
Exports 975.30 1006.90 1016.00 282.80 USD Million [+]
Remittances 638.73 395.00 1088.90 78.50 USD Million [+]
Gold Reserves 0.57 0.57 0.57 0.56 Tonnes [+]
Terrorism Index 0.18 0.38 2.58 0.00 [+]
Tourist Arrivals 565179.00 557231.00 672969.00 16835.00 [+]
Foreign Direct Investment 648.40 831.00 1658.80 123.50 USD Million [+]
External Debt 23676.90 23290.20 23676.90 11056.90 USD Million [+]
Capital Flows -527.10 -33.80 3231.20 -2143.60 USD Million [+]


Dominican Republic Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).