Dominican Republic Unemployment Rate - Forecast

Unemployment Rate in Dominican Republic is expected to be 5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Dominican Republic to stand at 5.00 in 12 months time. In the long-term, the Dominican Republic Unemployment Rate is projected to trend around 5.30 percent in 2020, according to our econometric models.


Dominican Republic Unemployment Rate
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Dominican Republic Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 5.1 5 4.8 5.2 5 5.3
Population 10.17 10.11 10.13 10.16 10.18 10.49
Labor Force Participation Rate 62.1 63.4 63.4 63.7 62.2 64
Employment Rate 58.9 59.5 59.7 59.8 57.93 61