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 Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 47.10 47.62 48.09 49.51 49.04 56.58 [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 3.79 0.8 1.7 1.5 1.5 2.2 percent [+]
GDP Annual Growth Rate 5.90 6.8 7.6 6.5 6.1 5.5 percent [+]
GDP 68.10 70.09 69.02 69.82 70.21 74.19 USD Billion [+]
GDP per capita 6552.69 6700 6661 6700 6774 6800 USD [+]
GDP per capita PPP 13371.53 13800 13800 13800 13798 15700 USD [+]
GDP Constant Prices 804373.30 815535 819266 856394 853435 923066 DOP Millions [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 13.30 13.7 13.7 13.7 13.9 13.5 percent [+]
Population 10.08 10.11 10.13 10.16 10.18 10.41 Million [+]
Employment Rate 50.60 50.64 50.63 50.61 50.59 50.6 percent [+]
Labor Force Participation Rate 65.40 65.14 64.99 64.83 64.95 65.57 percent [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 3.11 3.1 3.4 3.6 3.8 4.2 percent [+]
Consumer Price Index CPI 124.15 129 131 133 135 138 Index Points [+]
Inflation Rate Mom -0.14 -0.06 0.18 0.27 0.3 0.32 percent [+]
Food Inflation 2.52 2.18 2.27 2.27 2.26 2.24 percent [+]
Cpi Transportation 120.09 120 119 119 119 119 Index Points [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 5.75 5.75 5.75 5.75 5.75 6.25 percent [+]
Deposit Interest Rate 7.20 6.81 6.95 7.09 7.07 7.06 percent [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -787.00 -726 -720 -716 -714 -710 USD Million [+]
Exports 754.90 815 815 815 815 815 USD Million [+]
Imports 1541.90 1559 1557 1557 1557 1557 USD Million [+]
Current Account -592.70 -277 -346 -513 298 -393 USD Million [+]
Current Account to GDP -1.40 -1.73 -1.73 -1.74 -1.84 -3 percent [+]
Remittances 4960.60 4875 4776 4677 4722 4528 USD Million [+]
Gold Reserves 0.57 0.57 0.57 0.57 0.57 0.57 Tonnes [+]
Terrorism Index 1.56 1.64 1.45 1.27 1.21 0.71 [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 47.60 46.14 47.26 48.38 48.15 46.56 percent [+]
Government Budget 0.16 -2.59 -2.62 -2.65 -2.53 -2.48 percent of GDP [+]
Military Expenditure 451.70 450 441 433 434 448 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Ease of Doing Business 103.00 103 103 103 103 103 [+]
Competitiveness Index 3.94 3.83 3.84 3.85 3.85 3.85 Points [+]
Competitiveness Rank 92.00 96 96 96 92 92 [+]
Corruption Index 31.00 32 33 34 33 32 Points [+]
Corruption Rank 120.00 106 107 108 108 102 [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Corporate Tax Rate 27.00 27.49 27.55 27.61 27.75 27.94 percent [+]
Personal Income Tax Rate 25.00 25 24.77 24.55 24.62 24.84 percent [+]
Sales Tax Rate 16.00 17 17.5 18 18 16 percent [+]