Markets Actual Q3 Q4 Q1 Q2 2023
Currency 53.76 54.25 54.64 55.03 55.42 56.21

Overview Actual Q3 Q4 Q1 Q2 2023
GDP Growth Rate (%) 10.40 0.8 2.5 2.5 2.5 2.5
GDP Annual Growth Rate (%) 11.10 5.3 5.5 5.5 4.5 5
Unemployment Rate (%) 7.60 6.4 6 6 6 5.7
Inflation Rate (%) 9.43 8.4 6.5 4.3 2.8 2.5
Interest Rate (%) 7.75 9.75 10 10 10 7
Balance of Trade (USD Million) -1251.30 -640 -640 -640 -640 -640
Current Account (USD Million) -1029.20 -500 -430 -430 -430 -430
Current Account to GDP (% of GDP) -2.90 -2.3 -2.3 -2.3 -2.3 -2.6
Government Debt to GDP (% of GDP) 50.40 59 59 58 58 58
Government Budget (% of GDP) -2.80 -2.5 -2.5 -3 -3 -3
Corporate Tax Rate (%) 28.00 27 27 27 27 27
Personal Income Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q3 Q4 Q1 Q2 2023
GDP Growth Rate (%) 10.40 0.8 2.5 2.5 2.5 2.5
GDP Annual Growth Rate (%) 11.10 5.3 5.5 5.5 4.5 5
GDP (USD Billion) 94.24 86 88 88 88 88
GDP per capita (USD) 8536.65 9006 9006 9456 9456 9456
GDP per capita PPP (USD) 18905.22 17850 17850 17850 17850 18200
GDP Constant Prices (DOP Millions) 1531548.90 1404445 1384337 1615784 1605063 1696573

Labour Actual Q3 Q4 Q1 Q2 2023
Unemployment Rate (%) 7.60 6.4 6 6 6 5.7
Population (Million) 11.03 11.16 11.16 11.28 11.28 11.28
Labor Force Participation Rate (%) 62.80 64 64 64 64 64
Employment Rate (%) 59.40 59 60 60 60 60

Prices Actual Q3 Q4 Q1 Q2 2023
Inflation Rate (%) 9.43 8.4 6.5 4.3 2.8 2.5
Consumer Price Index CPI (points) 118.88 120 121 121 122 124
Inflation Expectations (%) 5.55 3.3 3.9 3.9 3.9 3.9
Inflation Rate Mom (%) 0.50 0.4 0.3 0.2 0.2 0.2
Food Inflation (%) 12.30 10 9.3 7.2 5.4 3
Core Inflation Rate (%) 7.11 5.7 4.6 3.4 2.6 2.5
CPI Housing Utilities (points) 119.32 116 118 121 123 121
CPI Transportation (points) 129.67 130 131 131 131 131

Money Actual Q3 Q4 Q1 Q2 2023
Interest Rate (%) 7.75 9.75 10 10 10 7
Deposit Interest Rate (%) 8.01 10.01 10.26 10.26 10.26 7.76
Money Supply M0 (DOP Million) 177918.20 163100 163900 163900 163900 163900
Money Supply M2 (DOP Million) 1540240.70 1037000 1037000 1037000 1037000 1037000
Foreign Exchange Reserves (USD Million) 14456.40 7237 7240 7239 7239 7240

Trade Actual Q3 Q4 Q1 Q2 2023
Balance of Trade (USD Million) -1251.30 -640 -640 -640 -640 -640
Current Account (USD Million) -1029.20 -500 -430 -430 -430 -430
Current Account to GDP (% of GDP) -2.90 -2.3 -2.3 -2.3 -2.3 -2.6
Imports (USD Million) 2532.30 1600 1600 1600 1600 1600
Tourist Arrivals 476575.00 185000 387000 387000 387000 387000
Foreign Direct Investment (USD Million) 690.90 800 800 800 800 800
External Debt (USD Million) 33465.50 27000 26500 26500 26500 26500

Government Actual Q3 Q4 Q1 Q2 2023
Government Debt to GDP (% of GDP) 50.40 59 59 58 58 58
Government Budget (% of GDP) -2.80 -2.5 -2.5 -3 -3 -3
Military Expenditure (USD Million) 627.00 480 480 480 480 450
Government Budget Value (DOP Millions) 14956.90 -4000 -45000 -45000 -45000 -50000
Government Debt (USD Million) 59362.30 49200 48500 48500 48500 48500
Government Revenues (DOP Millions) 85167.40 68000 100000 100000 100000 130000

Taxes Actual Q3 Q4 Q1 Q2 2023
Corporate Tax Rate (%) 28.00 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 2023
Leading Economic Index (%) 5.80 3 4.2 4.2 4.2 4.2
Business Confidence (points) 56.30 53 58 58 58 58


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Dominican Republic Forecast - was last updated on Wednesday, August 17, 2022.