Dominican Republic Remittances - Forecast

Remittances in Dominican Republic is expected to be 500.00 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 740.00 in 12 months time. In the long-term, the Dominican Republic Remittances is projected to trend around 850.00 USD Million in 2020, according to our econometric models.


Dominican Republic Remittances
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Dominican Republic Trade Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade -707 -495 -470 -450 -691 -440
Exports 822 920 930 940 780 960
Imports 1529 1415 1400 1390 1471 1400
Current Account -479 -300 -400 -460 420 -260
Current Account to GDP -0.2 -1.5 -1.5 -1.5 -3.12 -3.29
Remittances 479 500 650 700 740 850
Gold Reserves 0.57 0.57 0.57 0.57 0.57 0.57
Terrorism Index 0.89 0.8 0.8 0.8 1.36 0.7
Tourist Arrivals 553499 560000 430000 450000 530000 524500
Foreign Direct Investment 1659 1500 1700 1800 2000 2800
Capital Flows -990 -800 -100 -950 -460 -500