Total Consumption in Dominican Republic
The economy recorded average total consumption growth of 4.2% in the decade to 2022. In 2022, total consumption growth was 5.0%, down from the 5.6% reading of the prior year.
Dominican Republic Total Consumption Chart
Dominican Republic Total Consumption Data
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Total Consumption (ann. var. %) | 4.8 | -2.4 | 5.6 | 5.0 | 2.5 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Dominican total consumption projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable total consumption forecast available for Dominican total consumption.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Dominican total consumption projections.
Want to get access to the full dataset of Dominican total consumption forecasts? Send an email to info@focus-economics.com.