Dominican Republic Economic Activity April 2022

Dominican Republic

Dominican Republic: Economic activity growth slows in April

June 3, 2022

Economic activity increased 4.7% in year-on-year terms in April, which was below March’s 6.4% increase. Conversely, on a month-on-month and seasonally-adjusted basis, economic activity sped up to 1.3% in April (March: +0.1% mom).

Lastly, annual average economic activity growth slowed to 10.2% in April (March: 13.0%), pointing to a worsening trend.

FocusEconomics panelists see the economy growing 5.1% in 2022, which is unchanged from last month’s forecast, and expanding 4.6% in 2023.


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Dominican Republic Economic Activity Chart

Dominican Republic Economic Activity April 2022

Note: Year-on-year changes of GDP in %.
Source: Dominican Republic Central Bank and FocusEconomics Consensus Forecast.

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