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Dominican Republic

The Dominican Republic's economy in 2025 is expected to grow robustly by around 4%, driven by strong domestic consumption, increasing investment, and supportive structural reforms across key sectors such as energy, water, and labor. Over the past two decades, the country has achieved remarkable economic progress, tripling regional average growth and lifting nearly 3 million people out of poverty, while expanding its middle class beyond the size of the poor population.

The services sector dominates the economy, with tourism, financial services, and logistics playing major roles. Tourism earnings remain substantial, contributing billions annually and fueling growth in hospitality, retail, and transportation. The country also boasts a dynamic free-trade zone sector, particularly in medical device manufacturing, which is a high-value export growth engine.

Foreign direct investment (FDI) flows are strong, exceeding $4.7 billion projected for 2025, helping maintain currency stability and build international reserves equivalent to more than five months of import coverage. Remittances, a crucial income source for many households, have grown by nearly 12% in early 2025, supporting domestic spending.

Ongoing reforms focus on improving energy sector transparency and efficiency while gradually diversifying into cleaner and more sustainable energy sources. Infrastructure development continues to enhance logistics and financial services capabilities, attracting competitive investors and moving the economy toward greater productivity.

While the Dominican Republic faces challenges such as managing public debt and enhancing climate resilience in the face of extreme weather, its mix of vibrant sectors, expanding middle class, and strategic regional position underpin a dynamic and resilient economy. The country prioritizes innovation, competitiveness, and sustainable development to maintain long-term growth and improve living standards.

Overall, the Dominican Republic in 2025 offers a highly attractive environment for business and investment, marked by strong economic fundamentals, diversification, and significant growth opportunities across tourism, manufacturing, services, and trade sectors.

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