Markets Actual Q1 Q2 Q3 Q4 2021
Currency 52.78 53.39 53.59 53.8 54.01 54.44

Overview Actual Q1 Q2 Q3 Q4 2021
GDP Growth Rate (%) -0.30 -0.5 4.8 -1.5 4.9 4.9
GDP Annual Growth Rate (%) 4.80 4.2 4.8 5.1 5.2 5
Unemployment Rate (%) 6.40 5.8 6 5.6 5.8 5.6
Inflation Rate (%) 4.17 4 3.8 3.7 3.7 3.6
Interest Rate (%) 4.50 4.25 4 4 4 4
Balance of Trade (USD Million) -743.50 -605 -605 -605 -640 -640
Current Account (USD Million) -750.70 320 -260 -340 -460 -500
Current Account to GDP (%) -1.40 -1.6 -1.6 -1.6 -1.6 -1.9
Government Debt to GDP (%) 50.41 52 52 52 52 52.5
Government Budget (% of GDP) -1.89 -1.9 -1.9 -1.9 -1.9 -1.5
Corporate Tax Rate (%) 27.00 27 27 27 27 27
Personal Income Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q1 Q2 Q3 Q4 2021
GDP Growth Rate (%) -0.30 -0.5 4.8 -1.5 4.9 4.9
GDP Annual Growth Rate (%) 4.80 4.2 4.8 5.1 5.2 5
GDP (USD Billion) 81.30 84 84 84 84 86
GDP per capita (USD) 7750.93 8100 8100 8100 8100 8300
GDP per capita PPP (USD) 15821.20 16700 16700 16700 16700 17200
GDP Constant Prices (DOP Millions) 1123244.60 1135576 1172729 1180530 1181653 1240736

Labour Actual Q1 Q2 Q3 Q4 2021
Unemployment Rate (%) 6.40 5.8 6 5.6 5.8 5.6
Population (Million) 10.27 10.5 10.5 10.5 10.47 10.57
Labor Force Participation Rate (%) 65.20 64.7 64.9 64.6 65.2 65
Employment Rate (%) 61.00 61.4 61.5 61.5 61.6 61.8

Prices Actual Q1 Q2 Q3 Q4 2021
Inflation Rate (%) 4.17 4 3.8 3.7 3.7 3.6
Consumer Price Index CPI (points) 134.82 136 136 138 139 144
Inflation Expectations (%) 3.00 3.1 3.3 3.5 3.3 3.7
Inflation Rate Mom (%) 0.33 0.5 0.5 0.1 0.4 0.4
Food Inflation (%) 7.60 4 4 3.4 3.5 3.3
Cpi Housing Utilities (points) 120.83 126 123 124 126 131
CPI Transportation (points) 131.31 133 133 133 136 141
Core Inflation Rate (%) 2.41 2.5 2.7 2.9 2.9 2.7

Money Actual Q1 Q2 Q3 Q4 2021
Interest Rate (%) 4.50 4.25 4 4 4 4
Deposit Interest Rate (%) 7.60 7.35 7.35 7.1 7.35 7.35
Money Supply M2 (DOP Million) 1178212.20 1036000 1036000 1036000 1037000 1037000
Foreign Exchange Reserves (USD Million) 8781.80 7237 7240 7239 7239 7240

Trade Actual Q1 Q2 Q3 Q4 2021
Balance of Trade (USD Million) -743.50 -605 -605 -605 -640 -640
Current Account (USD Million) -750.70 320 -260 -340 -460 -500
Current Account to GDP (%) -1.40 -1.6 -1.6 -1.6 -1.6 -1.9
Imports (USD Million) 1664.30 1545 1545 1545 1600 1600
Tourist Arrivals 624268.00 650000 590000 380000 640000 650000
External Debt (USD Million) 23387.60 23400 23019 22845 20740 20740
Foreign Direct Investment (USD Million) 742.70 530 530 530 800 800

Government Actual Q1 Q2 Q3 Q4 2021
Government Debt to GDP (%) 50.41 52 52 52 52 52.5
Government Budget (% of GDP) -1.89 -1.9 -1.9 -1.9 -1.9 -1.5
Military Expenditure (USD Million) 602.00 514 514 514 514 480
Government Revenues (DOP Millions) 50564.20 55000 55000 55300 60000 65000
Government Budget Value (DOP Millions) -17555.70 1000 1000 1000 4000 4000
Government Debt (USD Million) 43738.00 45000 45200 45400 45500 46500

Taxes Actual Q1 Q2 Q3 Q4 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 Q1 Q2 Q3 Q4 2021
Leading Economic Index (%) 5.50 5.2 5.2 5 4.7 4.4
Business Confidence (points) 57.40 62 62 62.5 63 63


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.