Fiscal Balance in Dominican Republic

Dominican Republic Fiscal Balance | Economic News & Forecasts

Dominican Republic - Fiscal Balance

The economy remains strong, even though year-on-year growth is likely slowing due to a high base effect. Subdued inflationary pressures and a robust private-sector credit expansion through February bode well for household spending. Moreover, tourist arrivals grew healthily in January, particularly from the U.S, while the monthly manufacturing activity index reached an all-time high in the same month according to the Association of Industries of the Dominican Republic (AIRD). This follows a rip-roaring performance in 2018, which likely saw the economy register by far the fastest growth in the CENAM region. On the political front, the signing of the Electricity Pact was postponed once again in mid-February, and a new signing date has yet to be set. Consequently, the electricity sector will remain a drag on growth and the fiscal position.

Dominican Republic - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-3.3  -2.7  0.0  -2.8  -3.0  

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Dominican Republic Facts

Exchange Rate50.500.80 %Mar 11

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