The economy of Dominican Republic advanced 4.6 percent year-on-year in July 2019, following a 2.6 percent growth in the previous month. Leading Economic Index in Dominican Republic averaged 5.06 percent from 2008 until 2019, reaching an all time high of 13.50 percent in April of 2008 and a record low of -5.10 percent in November of 2008.
Leading Economic Index in Dominican Republic is expected to be 5.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Leading Economic Index in Dominican Republic to stand at 5.20 in 12 months time. In the long-term, the Dominican Republic Leading Economic Index is projected to trend around 4.40 percent in 2020, according to our econometric models.