Industry in Dominican Republic

Dominican Republic Industry | Economic News & Forecasts

Dominican Republic - Industry

Economic momentum likely remains robust so far in 2019, although hard data is still limited. Muted price pressures and healthy private-sector credit growth—which clocked roughly 11% in January according to the Central Bank—should be supporting private consumption. This comes after the economy surged in Q4 2018 thanks to the construction and services sectors, with construction supported by projects in the private residential housing, tourism and energy sectors. In 2018 as a whole, the economy was the star performer in the CENAM region, benefiting from a solid labor market and the expansion in the U.S., which fueled exports, remittances and tourism revenue.

Dominican Republic - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)9.8  14.8  8.5  -     -     

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Dominican Republic Industry Chart

Dominican Republic Industry

Dominican Republic Facts

Exchange Rate50.500.80 %Feb 20

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