Markets Actual Q1 Q2 Q3 Q4 2020
Currency 50.55 50.44 50.68 50.93 51.18 51.68
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 3.90 -0.3 4 -1.7 5.2 4.7
GDP Annual Growth Rate (%) 7.30 5.7 5.4 5 5.2 4.7
Unemployment Rate (%) 5.60 5 4.8 5.4 5.2 5.3
Inflation Rate (%) 1.17 3.6 4 3.8 4.1 4.1
Interest Rate (%) 5.50 5.5 5.75 5.75 5.5 5.25
Balance of Trade (USD Million) -793.60 -653 -648 -633 -605 -640
Current Account (USD Million) -279.60 420 50 -236 -240 -260
Current Account to GDP (%) -0.20 -3.1 -3.1 -3.1 -3.1 -3.1
Government Debt to GDP (%) 49.12 53 53 53 53 52
Government Budget (% of GDP) -3.00 -2.6 -2.6 -2.6 -2.6 -2.6
Corporate Tax Rate (%) 27.00 27 27 27 27 27
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) 3.90 -0.3 4 -1.7 5.2 4.7
GDP Annual Growth Rate (%) 7.30 5.7 5.4 5 5.2 4.7
GDP (USD Billion) 75.93 80 80 80 80 84
GDP per capita (USD) 7153.08 7600 7600 7600 7600 7800
GDP per capita PPP (USD) 14600.86 15200 15200 15200 15200 15700
GDP Constant Prices (DOP Millions) 1011306.90 1005091 1065917 1061872 1063895 1113898
Labour Actual Q1 Q2 Q3 Q4 2020
Unemployment Rate (%) 5.60 5 4.8 5.4 5.2 5.3
Population (Million) 10.17 10.4 10.4 10.4 10.4 10.4
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 1.17 3.6 4 3.8 4.1 4.1
Consumer Price Index CPI (Index Points) 129.64 133 135 135 135 141
Inflation Rate Mom (%) -0.22 0.3 0.3 0.4 0.3 0.4
Food Inflation (%) -0.03 3.5 3.48 3.33 3.4 3.5
Cpi Housing Utilities (Index Points) 121.12 126 128 130 128 133
CPI Transportation (Index Points) 126.79 130 134 135 134 140
Core Inflation Rate (%) 2.47 2.78 2.83 2.85 2.86 2.88
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 5.50 5.5 5.75 5.75 5.5 5.25
Deposit Interest Rate (%) 7.20 7.2 7.45 7.45 7.2 7.2
Money Supply M0 (USD Million) 97072.10 98400 98600 98650 98800 98900
Money Supply M1 (USD Million) 330124.60 345000 345500 350000 350000 360000
Money Supply M2 (USD Million) 1014341.70 1035000 1037000 1038000 1036000 1037000
Money Supply M3 (USD Million) 1346553.20 1360000 1365000 1375000 1365000 1375000
Foreign Exchange Reserves (USD Million) 7627.10 7251 7237 7240 7239 7240
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (USD Million) -793.60 -653 -648 -633 -605 -640
Current Account (USD Million) -279.60 420 50 -236 -240 -260
Current Account to GDP (%) -0.20 -3.1 -3.1 -3.1 -3.1 -3.1
Imports (USD Million) 1618.10 1560 1555 1540 1545 1600
Remittances (USD Million) 503.79 740 780 526 760 850
Tourist Arrivals 485481.00 530000 565000 525900 500000 500000
External Debt (USD Million) 21701.80 20750 20680 20700 20730 20740
Foreign Direct Investment (USD Million) 762.30 440 565 540 530 800
Capital Flows (USD Million) 449.70 -460 130 -477 -450 -500
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 49.12 53 53 53 53 52
Government Budget (% of GDP) -3.00 -2.6 -2.6 -2.6 -2.6 -2.6
Military Expenditure (USD Million) 496.24 510 510 510 510 514
Government Revenues (DOP Millions) 50635.20 55000 54000 48954 55000 60000
Government Budget Value (DOP Millions) -2159.80 -1000 2000 -5709 1000 4000
Government Debt (USD Million) 40680.90 38920 38930 38940 38920 38940
Fiscal Expenditure (DOP Millions) 52795.00 56000 52000 54662 54000 56000
Taxes Actual Q1 Q2 Q3 Q4 2020
Corporate Tax Rate (%) 27.00 27 27 27 27 27
Personal Income Tax Rate (%) 25.00 25 25 25 25 25
Sales Tax Rate (%) 18.00 18 18 18 18 18
Business Actual Q1 Q2 Q3 Q4 2020
Leading Economic Index (%) 7.20 6 5.7 5.3 5.4 4.7
Business Confidence (Index Points) 55.00 62 62 63 62 63


This page has economic forecasts for Dominican Republic including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Dominican Republic economy.