Imports in Dominican Republic
Dominican Republic - ImportsThe economy continued to surge in Q2, underpinned by double-digit expansions in the duty-free manufacturing and construction sectors, and a solid performance in the commerce sub-sector. Strong economic activity in recent quarters translated into healthy year-on-year formal employment growth in Q1 and a lower unemployment rate. Moreover, the number of tourist arrivals expanded robustly in Q2, while fiscal receipts increased by nearly 15% in the year to May. On the other hand, the external sector has weakened so far this year: Higher oil prices pushed up the import bill and led the trade deficit to widen. On 12 July, the country issued USD 1.3 billion in international bonds. This should bolster international reserves—which dipped notably in recent months—and help satisfy dollar demand.
Dominican Republic - Imports Data
|Imports (USD billion)||16.8||17.3||16.9||17.4||17.7|
5 years of economic forecasts for more than 30 economic indicators.
Dominican Republic Facts
|Exchange Rate||49.86||0.80 %||Aug 07|
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August 7, 2018
The Dominican Republic’s economy continued to accelerate in June, with economic activity rising 7.3% according to the Central Bank’s monthly indicator for economic activity (IMAE, Indicador Mensual de Actividad Económica).
August 1, 2018
According to a preliminary estimate released by the Central Bank on 1 August, the economy expanded 7.1% in Q2 in annual terms, up from Q1’s 6.4% increase.
July 11, 2018
Consumer prices rose 0.21% in June over the previous month, down from May’s 0.26% rise.
June 28, 2018
The Dominican Republic’s economy continued its strong trajectory in May, with economic activity rising 6.4% according to the Central Bank’s monthly indicator for economic activity (IMAE, Indicador Mensual de Actividad Económica).
June 11, 2018
Consumer prices rose 0.26% in May over the previous month, down from April’s 0.11% rise.