Dominican Republic | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 46.32 46.97 47.43 47.9 48.36 55.8 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate -1.67 0.6 1 1.2 1.5 2.2 percent [+]
GDP Annual Growth Rate 8.70 9.57 9.38 8.47 8.8 8.76 percent [+]
GDP 67.10 68.85 70.09 70.09 69.79 72.97 USD Billion [+]
GDP per capita 6494.15 6614 6700 6700 6804 6800 USD [+]
GDP per capita PPP 13374.91 13500 13800 13800 13800 15700 USD [+]
GDP Constant Prices 804373.30 758021 800007 806681 804679 957373 DOP Millions [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 14.00 14 14 14.1 14.1 13.5 percent [+]
Population 9.98 10.05 10.07 10.09 10.11 10.37 Million [+]
Labor Force Participation Rate 65.00 65.41 65.03 64.83 64.64 65.35 percent [+]
Employment Rate 50.40 50.26 50.23 50.18 50.18 50.21 percent [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 0.91 1.3 1.2 1.4 1.6 3 percent [+]
Consumer Price Index CPI 121.71 122 122 122 123 123 Index Points [+]
Inflation Rate Mom 0.30 0.29 0.29 0.29 0.29 0.29 percent [+]
Food Inflation -3.33 -6.83 -9.53 -10.66 -11.14 -11.48 percent [+]
Cpi Transportation 116.08 117 117 117 117 117 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 5.50 5.5 5.5 5.75 5.75 6.25 percent [+]
Deposit Interest Rate 6.60 6.52 6.48 6.45 6.41 6.45 percent [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -589.40 -615 -615 -615 -615 -615 USD Million [+]
Exports 867.80 806 806 806 806 806 USD Million [+]
Imports 1457.20 1450 1450 1450 1450 1450 USD Million [+]
Current Account 239.90 -595 -607 -617 -624 -679 USD Million [+]
Current Account to GDP -1.90 -1.78 -1.85 -1.91 -1.98 -3.06 percent [+]
Remittances 4960.60 4677 4722 4767 4812 4528 USD Million [+]
Gold Reserves 0.57 0.57 0.57 0.57 0.57 0.57 Tonnes [+]
Terrorism Index 1.56 1.27 1.21 1.16 1.11 0.71 [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 45.61 43.49 43.23 42.97 42.71 44.54 percent [+]
Government Budget 0.15 -2.66 -2.49 -2.33 -2.16 -2.48 percent of GDP [+]
Military Expenditure 453.20 452 459 466 462 468 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Ease of Doing Business 103.00 105 105 105 105 105 [+]
Competitiveness Index 3.94 3.83 3.83 3.84 3.85 3.85 Points [+]
Competitiveness Rank 92.00 96.53 96.53 96.53 96.53 98.73 [+]
Corruption Index 33.00 31.11 31.08 31.05 31.03 30.67 Points [+]
Corruption Rank 103.00 97.53 96.3 95.07 93.84 89.1 [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Corporate Tax Rate 27.00 27 27 27 27 27 percent [+]
Personal Income Tax Rate 25.00 25 25 25 25 25 percent [+]
Sales Tax Rate 16.00 16 16 16 16 16 percent [+]





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. 12/5/2016