Dominican Republic: economy

What is the inflation rate in the Dominican Republic?

Consumer prices in the Dominican Republic were 5.12% higher in September 2026 than a year earlier, according to the Central Bank of the Dominican Republic (BCRD). Prices rose 0.33% from August, and core inflation was 4.61%.

The index is based on 364 items grouped in 12 categories. The central bank's target is 4.0% plus or minus 1.0 percentage point, so the September rate was above the upper limit of 5%. Annual inflation peaked at 5.67% in June 2026. Core inflation excludes the more volatile items, such as some foods and fuels. The BCRD publishes the index in the second week of the following month.

Official sources: BCRD: CPI report, September 2026 (PDF) · BCRD: home page indicators

What is the interest rate in the Dominican Republic?

The Central Bank of the Dominican Republic's monetary policy rate was 5.50% in October 2026, according to the BCRD. Its economy report for January to June 2026 records the rate at 5.25% at the end of June.

The policy rate is the benchmark for overnight lending between the central bank and banks. In September 2026 the weighted average lending rate of multiple banks was 13.65% and the deposit rate 6.97%, while the interbank rate averaged 7.17%. The BCRD explains its decisions in monetary policy statements published on its website.

Official sources: BCRD: home page indicators · BCRD: economy report, January to June 2026 (PDF)

What is the GDP growth rate of the Dominican Republic?

The Dominican economy grew 4.5% in real terms in January to June 2026 compared with the same period of 2025, according to the Central Bank of the Dominican Republic. Growth was 4.1% in the first quarter and 5.0% in the second.

The monthly economic activity indicator (IMAE) shown on the BCRD home page rose 3.8% year on year in August 2026 and 4.5% in January to August. For 2025 as a whole GDP grew 2.1%. The IMF projects 4.6% for 2026. The IMAE is an early indicator that is later reconciled with quarterly GDP.

Official sources: BCRD: economy report, January to June 2026 (PDF) · BCRD: home page indicators · IMF DataMapper: real GDP growth, Dominican Republic

What is the exchange rate of the Dominican peso to the US dollar?

The Central Bank of the Dominican Republic's reference rate on 14 October 2026 was 61.1477 pesos per US dollar for buying and 61.6788 for selling, according to the BCRD.

The rate is an average of transactions by banks and exchange agents, published every working day. Gross international reserves were US$15,239.9 million in September 2026. The BCRD also publishes buying rates for other convertible currencies.

Official sources: BCRD: home page indicators · BCRD: rates for convertible currencies (PDF)

What is the GDP per capita of the Dominican Republic?

The Dominican Republic's GDP per person was about US$11,749 in 2025 at current prices, according to the IMF World Economic Outlook. The IMF projects about US$13,245 for 2026.

The figure is GDP divided by population and converted to dollars at market exchange rates, so movements of the peso affect it as well as real growth. The IMF's figures for recent years are estimates and are revised in April and October. The Central Bank of the Dominican Republic publishes GDP in pesos.

Official sources: IMF DataMapper: GDP per capita, Dominican Republic

Is the Dominican Republic's economy growing?

In 2025, real GDP growth in the Dominican Republic was 2.1%, according to the World Bank. Since 2005 it has ranged from -7.9% (2020) to 14.0% (2021). Latin America & Caribbean median: 2.7%; the Dominican Republic is 22nd highest of 31. Worldwide: 127th of 180.

What is the Dominican Republic's GDP per person?

In 2025, GDP per person in the Dominican Republic was $11,059, according to the World Bank. That is the highest since at least 2005. It is 15th highest of 31 in Latin America & Caribbean, where the median is $10,989. Of 180 countries with 2025 data, 74th highest.

What is the Dominican Republic's GDP per person adjusted for prices?

The World Bank puts GDP per person at purchasing power parity in the Dominican Republic at $28,721 in international dollars in 2025. No year since 2005 has been higher. Latin America & Caribbean median: $22,756 in international dollars; the Dominican Republic is 10th highest of 30. Worldwide: 67th of 179.

How much does the Dominican Republic export?

23.6% of GDP: that is exports of goods and services in the Dominican Republic for 2025, according to the World Bank. Its high point since 2005 was 2005, at 28.3% of GDP; its low point was 2020, at 18.8% of GDP. Across Latin America & Caribbean the middle value was 30.0% of GDP, and the Dominican Republic placed 11th highest of 17. World rank, highest first: 94th of 133.

Does the Dominican Republic earn more abroad than it spends?

The IMF puts the current account balance in the Dominican Republic at -1.4% of GDP in 2025, a deficit. Since 2005 it has ranged from -9.4% of GDP (2008) to -0.2% of GDP (2017). Across Latin America & Caribbean the middle value was -1.2% of GDP, and the Dominican Republic placed 15th highest of 27. World rank, highest first: 73rd of 132.

How much foreign investment does the Dominican Republic receive?

According to the IMF, net inflows of foreign direct investment in the Dominican Republic was 3.9% of GDP in 2025. Its high point since 2005 was 2008, at 5.7% of GDP; its low point was 2013, at 2.6% of GDP. Latin America & Caribbean median: 2.5% of GDP; the Dominican Republic is 11th highest of 31. Of 179 countries with 2025 data, 48th highest.

How high are loan rates in the Dominican Republic?

The latest figure from the IMF, for 2024, is 15.3%. The peak was 24.1% in 2005 and the low 9.6% in 2021. It is 5th highest of 24 in Latin America & Caribbean, where the median is 9.4%. World rank, highest first: 22nd of 89.