Public Debt in Dominican Republic
Dominican Republic - Public DebtEconomic activity growth surged to a near two-year high at the start of Q2 on an upturn in construction, particularly thanks to residential, tourism and energy projects. This came after strong growth in Q1 due to the impact of greater monetary stimulus. Moreover, tourist arrivals rose at a solid pace in the first four months of 2018, while in the year to May private sector credit growth boomed and international reserves ticked up on robust FDI and remittances. Thanks to the strong economic performance, fiscal receipts are above budgeted estimates so far this year, boosting the administration’s chances of meeting its 2.2% fiscal deficit target. On 1 May, the government announced it had established diplomatic relations with China, which will likely drive up inward investment in the medium term.
Dominican Republic - Public Debt Data
|Public Debt (% of GDP)||37.0||36.0||35.1||36.9||38.9|
5 years of economic forecasts for more than 30 economic indicators.
Dominican Republic Facts
|Exchange Rate||49.61||0.80 %||Jun 14|
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June 11, 2018
Consumer prices rose 0.26% in May over the previous month, down from April’s 0.11% rise.
May 28, 2018
The Dominican Republic’s economy started the second quarter as it ended the first; at a blistering pace.
May 11, 2018
Consumer prices rose 0.11% in April over the previous month, up from March’s 0.37% rise.
May 2, 2018
According to a preliminary estimate released by the Central Bank on 2 May, the economy expanded 6.4% in Q1 in annual terms, just below Q4’s 6.5% but significantly above the growth rates observed in the middle of last year.
April 12, 2018
Consumer prices rose 0.37% in March over the previous month, contrasting the 0.11% drop recorded in February.