Markets Actual Q3 Q4 Q1 Q2 2021
Currency 58.76 59.14 59.37 59.6 59.83 60.31

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) 5.80 3.5 -2 0.8 1.1 1.9
GDP Annual Growth Rate (%) 5.80 -5.5 -4 1.1 3 2
Unemployment Rate (%) 5.90 8.5 9 8.6 8 7.1
Inflation Rate (%) 2.90 1.3 1.5 1.7 1.9 2.6
Interest Rate (%) 3.50 3.25 3.25 3.25 3.25 3.75
Balance of Trade (USD Million) -602.70 -605 -640 -640 -640 -640
Current Account (USD Million) -336.70 -340 -460 340 340 -500
Current Account to GDP (%) -1.40 -1.6 -1.6 -1.9 -1.9 -1.9
Government Debt to GDP (%) 50.53 55 55 53 53 53
Government Budget (% of GDP) -2.31 -4 -4 -3.3 -3.3 -2.5
Corporate Tax Rate (%) 27.00 27 27 27 27 27
Personal Income Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q3 Q4 Q1 Q2 2021
GDP Growth Rate (%) 5.80 3.5 -2 0.8 1.1 1.9
GDP Annual Growth Rate (%) 5.80 -5.5 -4 1.1 3 2
GDP (USD Billion) 88.94 84 84 86 86 86
GDP per capita (USD) 8005.11 7520 7520 7700 7700 7700
GDP per capita PPP (USD) 18419.03 16100 16100 16700 16700 16700
GDP Constant Prices (DOP Millions) 1231896.50 1058562 1182621 1245447 1268853 1206273

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 5.90 8.5 9 8.6 8 7.1
Population (Million) 10.36 10.5 10.47 10.47 10.47 10.57
Labor Force Participation Rate (%) 65.30 64.6 65.2 65.2 65.2 65
Employment Rate (%) 61.50 61.5 61.6 61.6 61.6 61.8

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) 2.90 1.3 1.5 1.7 1.9 2.6
Consumer Price Index CPI (points) 134.96 134 136 136 138 140
Inflation Expectations (%) 2.72 2.5 2.5 2.7 2.9 3.3
Inflation Rate Mom (%) 1.70 0.2 0.4 0.2 0.3 0.3
Food Inflation (%) 4.50 3 3.5 3.7 3.9 4.1
Core Inflation Rate (%) 3.51 2.9 2.9 2.9 2.9 2.7
Cpi Housing Utilities (points) 122.77 121 123 121 125 127
CPI Transportation (points) 130.12 130 133 129 133 136

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 3.50 3.25 3.25 3.25 3.25 3.75
Deposit Interest Rate (%) 7.60 7.35 7.35 7.35 7.35 7.35
Money Supply M2 (DOP Million) 1219898.90 1036000 1037000 1037000 1037000 1037000
Foreign Exchange Reserves (USD Million) 8038.00 7237 7240 7239 7239 7240

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (USD Million) -602.70 -605 -640 -640 -640 -640
Current Account (USD Million) -336.70 -340 -460 340 340 -500
Current Account to GDP (%) -1.40 -1.6 -1.6 -1.9 -1.9 -1.9
Imports (USD Million) 1494.50 1545 1600 1600 1600 1600
Tourist Arrivals 1021.00 9800 16000 85000 150000 470000
Foreign Direct Investment (USD Million) 648.40 530 800 800 800 800
External Debt (USD Million) 26078.10 27500 28300 27900 27400 27000

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 50.53 55 55 53 53 53
Government Budget (% of GDP) -2.31 -4 -4 -3.3 -3.3 -2.5
Military Expenditure (USD Million) 602.00 514 514 514 514 480
Government Budget Value (DOP Millions) -18715.70 1000 4000 4000 4000 4000
Government Debt (USD Million) 48214.20 45400 45500 45800 45900 46500
Government Revenues (DOP Millions) 45815.90 55300 60000 60000 60000 65000

Taxes Actual Q3 Q4 Q1 Q2 2021
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 Q3 Q4 Q1 Q2 2021
Leading Economic Index (%) -29.80 -2 -1.5 0.5 1.5 3
Business Confidence (points) 55.60 48 51 53 53 56


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.