Markets Actual Q4 Q1 Q2 Q3 2021
Currency 58.02 58.43 58.65 58.88 59.11 59.58

Overview Actual Q4 Q1 Q2 Q3 2021
GDP Growth Rate (%) -15.80 1.3 0.8 1.1 1.5 1.9
GDP Annual Growth Rate (%) -16.90 -5.4 1.1 7 5.9 4.9
Unemployment Rate (%) 3.20 6.8 6.5 6.3 6.3 6.3
Inflation Rate (%) 5.03 4.9 4.6 4.2 3.8 3.5
Interest Rate (%) 3.00 3 3 3 3 3.25
Balance of Trade (USD Million) -406.30 -640 -640 -640 -640 -640
Current Account (USD Million) -643.90 -460 340 340 340 -500
Current Account to GDP (%) -1.40 -1.6 -1.9 -1.9 -1.9 -1.9
Government Debt to GDP (%) 50.53 55 53 53 53 53
Government Budget (% of GDP) -2.31 -4 -3.3 -3.3 -3.3 -2.5
Corporate Tax Rate (%) 27.00 27 27 27 27 27
Personal Income Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q4 Q1 Q2 Q3 2021
GDP Growth Rate (%) -15.80 1.3 0.8 1.1 1.5 1.9
GDP Annual Growth Rate (%) -16.90 -5.4 1.1 7 5.9 4.9
GDP (USD Billion) 88.94 84 86 86 86 86
GDP per capita (USD) 8005.11 7520 7700 7700 7700 7700
GDP per capita PPP (USD) 18419.03 16100 16100 16700 16700 16700
GDP Constant Prices (DOP Millions) 956890.10 1093543 1165374 1147934 1214926 1144939

Labour Actual Q4 Q1 Q2 Q3 2021
Unemployment Rate (%) 3.20 6.8 6.5 6.3 6.3 6.3
Population (Million) 10.36 10.47 10.47 10.47 10.47 10.57
Labor Force Participation Rate (%) 56.70 62 62.8 63.3 63.6 64
Employment Rate (%) 54.90 56 57 57.8 58.5 59

Prices Actual Q4 Q1 Q2 Q3 2021
Inflation Rate (%) 5.03 4.9 4.6 4.2 3.8 3.5
Consumer Price Index CPI (points) 139.40 141 140 141 145 146
Inflation Expectations (%) 3.30 3.1 3 2.9 3 3.3
Inflation Rate Mom (%) 0.70 0.4 0.2 0.3 0.2 0.3
Food Inflation (%) 7.30 7 6.5 6 5.5 5
Core Inflation Rate (%) 4.34 4 3.8 3.6 3.4 3.1
Cpi Housing Utilities (points) 125.47 128 124 128 130 132
CPI Transportation (points) 137.57 137 132 136 143 142

Money Actual Q4 Q1 Q2 Q3 2021
Interest Rate (%) 3.00 3 3 3 3 3.25
Deposit Interest Rate (%) 7.60 7.6 7.6 7.6 7.6 7.85
Money Supply M0 (DOP Million) 162278.70 163000 163200 163500 163300 163100
Money Supply M2 (DOP Million) 1301272.30 1037000 1037000 1037000 1037000 1037000
Foreign Exchange Reserves (USD Million) 10552.00 7237 7240 7239 7239 7240

Trade Actual Q4 Q1 Q2 Q3 2021
Balance of Trade (USD Million) -406.30 -640 -640 -640 -640 -640
Current Account (USD Million) -643.90 -460 340 340 340 -500
Current Account to GDP (%) -1.40 -1.6 -1.9 -1.9 -1.9 -1.9
Imports (USD Million) 1229.50 1600 1600 1600 1600 1600
Tourist Arrivals 103942.00 113000 115000 123000 160000 185000
Foreign Direct Investment (USD Million) 446.10 800 800 800 800 800
External Debt (USD Million) 26151.20 28300 27900 27400 27200 27000

Government Actual Q4 Q1 Q2 Q3 2021
Government Debt to GDP (%) 50.53 55 53 53 53 53
Government Budget (% of GDP) -2.31 -4 -3.3 -3.3 -3.3 -2.5
Military Expenditure (USD Million) 602.00 514 514 514 514 480
Government Budget Value (DOP Millions) -4521.70 4000 4000 4000 4000 4000
Government Debt (USD Million) 46685.10 47000 47500 48000 48600 49200
Government Revenues (DOP Millions) 58318.20 60000 60000 60000 60000 65000

Taxes Actual Q4 Q1 Q2 Q3 2021
Corporate Tax Rate (%) 27.00 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 Q4 Q1 Q2 Q3 2021
Leading Economic Index (%) -5.60 -1.5 0.5 1.5 1.5 3
Business Confidence (points) 55.60 51 53 53 53 56


This page has 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.