Dominican Republic | Economic Forecasts | 2017-2020 Outlook

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.


MARKETS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Currency 48.05 46.78 46.31 45.83 45.36 40.16 [+]
GDP Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Growth Rate -2.08 1.5 1.7 1.8 2.1 2.4 percent [+]
GDP Annual Growth Rate 2.70 3.2 3.6 3.9 4.4 4.9 percent [+]
GDP 71.58 73.3 73.62 73.95 74.27 76.2 USD Billion [+]
GDP per capita 6909.10 6700 7220 7269 7319 6800 USD [+]
GDP per capita PPP 14098.90 13800 14767 14875 14984 15700 USD [+]
GDP Constant Prices 879473.87 856000 865000 867000 868000 869000 DOP Millions [+]
LABOUR Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 13.30 13.7 13.9 13.9 14.2 13.5 percent [+]
Population 10.08 10.15 10.17 10.18 10.2 10.32 Million [+]
Labor Force Participation Rate 65.70 64.76 64.63 64.5 64.36 63.76 percent [+]
Employment Rate 50.60 50.14 49.99 49.84 49.69 48.8 percent [+]
PRICES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 3.48 3.6 3.8 3.7 3.7 3.5 percent [+]
Consumer Price Index CPI 125.95 133 135 135 134 136 Index Points [+]
Gdp Deflator 150.90 152 152 152 151 149 Index Points [+]
Inflation Rate Mom 0.00 0.67 0.8 0.8 0.9 1.2 percent [+]
Food Inflation 3.78 2.3 2.4 2.5 2.5 2.6 percent [+]
CPI Transportation 120.96 121 122 122 122 126 Index Points [+]
Cpi Housing Utilities 121.35 123 123 123 123 122 Index Points [+]
MONEY Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 5.25 5.25 5 5 5 6.25 percent [+]
Deposit Interest Rate 7.20 8.02 8.18 8.34 8.5 9.59 percent [+]
TRADE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -562.90 -553 -548 -543 -538 -506 USD Million [+]
Exports 889.60 860 846 833 820 732 USD Million [+]
Imports 1452.50 1435 1423 1411 1400 1313 USD Million [+]
Current Account -81.10 -554 52.68 -75.73 -201 -339 USD Million [+]
Current Account to GDP -1.40 -1.75 -1.86 -1.97 -2.09 -3.12 percent [+]
Remittances 5261.50 5300 5600 5600 5600 6200 USD Million [+]
Gold Reserves 0.57 0.56 0.56 0.56 0.56 0.56 Tonnes [+]
Terrorism Index 1.56 1.27 1.21 1.16 1.11 0.71 [+]
Foreign Direct Investment 698.50 549 604 590 584 589 USD Million [+]
GOVERNMENT Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 47.60 45.2 44.27 43.35 42.42 37.4 percent [+]
Government Budget -2.90 -2.43 -3.3 -3.3 -3.3 -3.3 percent of GDP [+]
Military Expenditure 451.70 434 430 427 424 409 USD Million [+]
BUSINESS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Internet Speed 4430.06 5286 5427 5639 5853 6271 KBps [+]
IP Addresses 906609.00 938876 944869 947964 948916 897395 IP [+]
Leading Economic Index 5.10 4.22 4.56 4.74 4.84 4.94 percent [+]
Ease of Doing Business 99.00 101 112 117 122 100 [+]
Corruption Index 31.00 31 31 30 30 29 Points [+]
Corruption Rank 120.00 108 108 108 108 102 [+]
Competitiveness Index 3.87 3.91 3.91 3.91 3.91 3.8 Points [+]
Competitiveness Rank 104.00 97 97 97 97 102 [+]
TAXES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Corporate Tax Rate 27.00 26 26 26 26 26 percent [+]
Personal Income Tax Rate 25.00 26 26 26 26 26 percent [+]
Sales Tax Rate 16.00 17 17 17 16 17 percent [+]