Dominican Republic | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 47.28 47.35 47.82 48.29 49.22 56.26 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate -2.18 1.4 0.8 1.7 1.5 2.2 percent [+]
GDP Annual Growth Rate 5.80 7.2 6.8 7.6 6.5 5.5 percent [+]
GDP 68.10 70.09 70.09 67.85 68.87 72.97 USD Billion [+]
GDP per capita 6552.69 6700 6700 6614 6700 6800 USD [+]
GDP per capita PPP 13371.53 13800 13800 13800 13800 15700 USD [+]
GDP Constant Prices 804373.30 800007 806681 804679 840939 957373 DOP Millions [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 13.30 13.7 13.7 13.7 13.7 13.5 percent [+]
Population 10.08 10.08 10.11 10.13 10.16 10.41 Million [+]
Employment Rate 50.60 50.66 50.64 50.63 50.61 50.6 percent [+]
Labor Force Participation Rate 65.40 65.22 65.03 64.83 64.64 65.35 percent [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 3.34 2.8 3.1 3.4 3.6 4.2 percent [+]
Consumer Price Index CPI 124.25 127 129 131 133 138 Index Points [+]
Inflation Rate Mom 0.40 0.37 0.33 0.32 0.31 0.31 percent [+]
Food Inflation 0.26 1.95 4.45 5.54 5.99 6.31 percent [+]
Cpi Transportation 120.07 120 120 120 120 120 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 5.50 5.5 5.75 5.75 5.75 6.25 percent [+]
Deposit Interest Rate 6.60 7.11 6.91 6.71 6.52 6.45 percent [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 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 -441.40 261 -378 -387 -802 -651 USD Million [+]
Current Account to GDP -1.90 -2.33 -2.15 -1.96 -1.78 -3.06 percent [+]
Remittances 4960.60 4975 4875 4776 4677 4528 USD Million [+]
Gold Reserves 0.57 0.57 0.57 0.57 0.57 0.57 Tonnes [+]
Terrorism Index 1.56 1.83 1.64 1.45 1.27 0.71 [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 45.61 44.75 44.33 43.91 43.49 44.54 percent [+]
Government Budget 0.15 -2.57 -2.6 -2.63 -2.66 -2.48 percent of GDP [+]
Military Expenditure 453.20 452 459 466 462 468 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 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 31.00 31 32 33 34 32 Points [+]
Corruption Rank 120.00 108 104 101 97.53 89.1 [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 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. 3/28/2017