Remittances in Dominican Republic decreased to 769.93 USD Million in August from 827.71 USD Million in July of 2020.

Remittances in Dominican Republic averaged 312.96 USD Million from 1993 until 2020, reaching an all time high of 1088.90 USD Million in December of 1997 and a record low of 78.50 USD Million in January of 1998. This page provides - Dominican Republic Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic Remittances - values, historical data and charts - was last updated on September of 2020.

Remittances in Dominican Republic is expected to be 760.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Dominican Republic to stand at 850.00 in 12 months time. In the long-term, the Dominican Republic Remittances is projected to trend around 850.00 USD Million in 2021, according to our econometric models.

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Dominican Republic Remittances

Actual Previous Highest Lowest Dates Unit Frequency
769.93 827.71 1088.90 78.50 1993 - 2020 USD Million Monthly

Dominican Republic Trade Last Previous Highest Lowest Unit
Balance of Trade -602.70 -553.80 -80.60 -1028.20 USD Million [+]
Current Account -67.90 -336.70 587.00 -1561.10 USD Million [+]
Current Account to GDP -1.40 -1.40 5.00 -9.40 percent [+]
Imports 1494.50 1522.00 1926.90 324.80 USD Million [+]
Exports 891.80 968.20 1016.00 282.80 USD Million [+]
Remittances 769.93 827.71 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 135163.00 1021.00 672969.00 217.00 [+]
Foreign Direct Investment 758.40 648.40 1658.80 123.50 USD Million [+]
External Debt 26133.40 26190.60 26190.60 11056.90 USD Million [+]
Capital Flows -1126.30 -527.10 3231.20 -2143.60 USD Million [+]


Dominican Republic Remittances
In Dominican Republic, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances).