Dominican Republic | Economic Forecasts | 2016-2020 Outlook

MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Currency 46.36 47.2 47.66 48.12 48.58 55.52 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate -2.18 1 1.2 1.5 2.81 2.14 percent [+]
GDP Annual Growth Rate 5.80 9.38 8.47 8.8 8.36 8.76 percent [+]
GDP 67.10 70.09 70.09 67.85 68.87 72.97 USD Billion [+]
GDP per capita 6494.15 6700 6700 6614 6700 6800 USD [+]
GDP per capita PPP 13374.91 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 14.00 14 14.1 14.1 14.1 13.5 percent [+]
Population 9.98 9.98 10 10.03 10.05 10.37 Million [+]
Labor Force Participation Rate 65.40 65.22 65.03 64.83 64.64 65.35 percent [+]
Employment Rate 50.60 50.66 50.64 50.63 50.61 50.6 percent [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate 1.70 1.2 1.4 1.6 2 3 percent [+]
Consumer Price Index CPI 122.97 122 122 123 123 123 Index Points [+]
Inflation Rate Mom 0.90 0.25 0.27 0.27 0.27 0.27 percent [+]
Food Inflation -2.41 -5.56 -5.99 -6.17 -6.24 -6.29 percent [+]
Cpi Transportation 118.07 118 118 118 118 118 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 -293.30 -635 -646 -651 -653 -674 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 33.00 30.73 30.86 30.98 31.11 30.67 Points [+]
Corruption Rank 103.00 108 104 101 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. 1/16/2017