Markets Actual Q2 Q3 Q4 Q1 2022
Currency 56.50 56.72 56.94 57.16 57.39 57.84

Overview Actual Q2 Q3 Q4 Q1 2022
GDP Growth Rate (%) 10.70 1.1 1.5 1.9 1.9 2.5
GDP Annual Growth Rate (%) -2.90 7 5.9 5.5 5 4.8
Unemployment Rate (%) 7.40 8.1 7.4 6.8 6.4 6
Inflation Rate (%) 8.30 6.5 4.4 3.8 3.2 3.6
Interest Rate (%) 3.00 3 3 3 3.25 3.75
Balance of Trade (USD Million) -780.80 -640 -640 -640 -640 -640
Current Account (USD Million) -682.60 340 340 -500 -500 -430
Current Account to GDP (%) -2.00 -2.2 -2.2 -2.2 -2.3 -2.3
Government Debt to GDP (%) 50.53 62 62 62 62 60
Government Budget (% of GDP) -7.91 -3.3 -3.3 -2.5 -2.5 -2
Corporate Tax Rate (%) 27.00 27 27 27 27 27
Personal Income Tax Rate (%) 25.00 25 25 25 25 25

GDP Actual Q2 Q3 Q4 Q1 2022
GDP Growth Rate (%) 10.70 1.1 1.5 1.9 1.9 2.5
GDP Annual Growth Rate (%) -2.90 7 5.9 5.5 5 4.8
GDP (USD Billion) 88.94 86 86 86 86 88
GDP per capita (USD) 8005.11 7700 7700 7700 7700 8000
GDP per capita PPP (USD) 18419.03 16700 16700 16700 16700 17230
GDP Constant Prices (DOP Millions) 1268903.70 1022754 1164066 1338693 1332349 1402951

Labour Actual Q2 Q3 Q4 Q1 2022
Unemployment Rate (%) 7.40 8.1 7.4 6.8 6.4 6
Population (Million) 10.45 10.47 10.47 10.57 10.57 10.67
Employment Rate (%) 56.60 57.8 58.5 59 59 60
Labor Force Participation Rate (%) 61.10 63.3 63.6 64 64 64

Prices Actual Q2 Q3 Q4 Q1 2022
Inflation Rate (%) 8.30 6.5 4.4 3.8 3.2 3.6
Consumer Price Index CPI (points) 106.76 106 107 108 110 112
Cpi Housing Utilities (points) 105.88 107 107 108 109 112
CPI Transportation (points) 114.29 105 109 111 118 115
Core Inflation Rate (%) 5.58 3.6 3.4 3.1 3.1 3.1
Food Inflation (%) 9.10 7 6.5 5 5 5
Inflation Expectations (%) 5.00 2.9 3 3.3 3.3 3.9
Inflation Rate Mom (%) 0.60 0.3 0.2 0.3 0.3 0.3

Money Actual Q2 Q3 Q4 Q1 2022
Interest Rate (%) 3.00 3 3 3 3.25 3.75
Deposit Interest Rate (%) 7.60 7.6 7.6 7.35 7.6 8.1
Foreign Exchange Reserves (USD Million) 12174.20 7237 7240 7239 7239 7240
Money Supply M0 (DOP Million) 179268.50 163500 163300 163100 163100 163900
Money Supply M2 (DOP Million) 1409358.60 1037000 1037000 1037000 1037000 1037000

Trade Actual Q2 Q3 Q4 Q1 2022
Balance of Trade (USD Million) -780.80 -640 -640 -640 -640 -640
Current Account (USD Million) -682.60 340 340 -500 -500 -430
Current Account to GDP (%) -2.00 -2.2 -2.2 -2.2 -2.3 -2.3
Imports (USD Million) 1744.60 1600 1600 1600 1600 1600
Foreign Direct Investment (USD Million) 718.40 800 800 800 800 800
External Debt (USD Million) 29929.30 27400 27200 27000 27000 26500
Tourist Arrivals 313289.00 123000 160000 185000 185000 387000

Government Actual Q2 Q3 Q4 Q1 2022
Government Debt to GDP (%) 50.53 62 62 62 62 60
Government Budget (% of GDP) -7.91 -3.3 -3.3 -2.5 -2.5 -2
Military Expenditure (USD Million) 626.00 514 514 514 480 480
Government Budget Value (DOP Millions) -4751.20 4000 4000 4000 4000 4000
Government Debt (USD Million) 51945.20 48000 48600 49200 49200 48500
Government Revenues (DOP Millions) 63838.10 60000 60000 65000 65000 65000

Taxes Actual Q2 Q3 Q4 Q1 2022
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 Q2 Q3 Q4 Q1 2022
Business Confidence (points) 54.50 48 53 55 53 58
Leading Economic Index (%) 10.60 1.5 1.5 3 3 4.2


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.