{"id":6084,"date":"2013-01-14T07:09:00","date_gmt":"2013-01-14T03:09:00","guid":{"rendered":"http:\/\/www.dominicana-online.org\/?p=6084"},"modified":"2018-04-05T13:38:28","modified_gmt":"2018-04-05T13:38:28","slug":"economia-dominicana","status":"publish","type":"page","link":"https:\/\/www.dominicanaonline.org\/en\/economia-dominicana\/","title":{"rendered":"Dominican Economy"},"content":{"rendered":"

The Dominican Republic is a small and open economy with nearly 10 million inhabitants. During the last 20 years (1995-2015) the country has had a yearly average growth of gross domestic product (GDP) of 5.2%, far above the average in Latin America and the Caribbean during the same period (3.2%).<\/p>\n

The economy of the Dominican Republic has changed throughout its history, from being an exporter of agricultural goods to exporting services. The growth of the country has been driven by sectors like tourism, telecommunications, duty-free zones, and remittances. In addition, in recent years it has evidenced an important role in other industries like construction, mining or financial intermediation, which are united in the country\u2019s desire to openly integrate into globalization and broaden and diversity its exports.<\/p>\n

\"\"<\/a>Key elements for the transformation of the productive and commercial endeavors of the country, like innovation, technology and entrepreneurship, currently are taking place and generating significant changes in the Dominican economy.<\/p>\n

Different international organizations, regional agencies and local entities have reported how the economy of the Dominican Republic reflects growth rates above its potential, positioning the country as a leader of economic performance in Latin America in recent years.<\/p>\n

The best way to become informed of the evolution and status of the DR\u2019s economy is to frequently review publications by the official entities dealing with economics. For example, the Central Bank of the Dominican Republic publishes the results of national consumption surveys, and surveys on income, spending, sector analysis, social indicators, economics and all of the national accounts. You can access these publications by visiting: http:\/\/www.bancentral.gov.do\/publicaciones_economicas\/consulta\/<\/a> and the section on Reports of the Dominican Economy: http:\/\/www.bancentral.gov.do\/publicaciones_economicas\/consulta\/1\/0\/Informe-de-la-Econom%C3%ADa-Dominicana<\/a>.<\/p>\n

To know the relevant information on inflation in the country (Consumer Price Index) visit: http:\/\/www.bancentral.gov.do\/publicaciones_economicas\/consulta\/5\/0\/Indice-de-Precios-al-Consumidor-(Publicaci\u00f3n-Anual)<\/a>; and to know relevant information on the job market in the Dominican Republic, visit: http:\/\/www.bancentral.gov.do\/publicaciones_economicas\/consulta\/7\/0\/Mercado-de-Trabajo<\/a>.<\/p>\n

 <\/p>\n

Related links<\/strong><\/p>\n

Local Authorities Office<\/h3>\n

President: https:\/\/presidencia.gob.do<\/a>
\nSenate: http:\/\/www.senado.gob.do\/senado\/<\/a>
\nDeputies: http:\/\/www.camaradediputados.gob.do<\/a>
\nCentral Bank of the Dominican Republic (BCRD): http:\/\/www.bancentral.gov.do<\/a>
\nMinistry of Culture: http:\/\/cultura.gob.do<\/a>
\nMinistry of Economy, Planning and Development: http:\/\/economia.gob.do\/mepyd\/<\/a>
\nMinistry of Housing: http:\/\/www.hacienda.gov.do<\/a>
\nMinistry of Industry and Commerce: http:\/\/www.mic.gob.do<\/a>
\nMinistry of Agriculture: http:\/\/www.agricultura.gob.do<\/a>
\nMinistry of Tourism: http:\/\/www.mitur.gob.do<\/a>
\nMinistry of Foreign Affairs: http:\/\/www.mirex.gob.do<\/a>
\nMinistry of Labor: http:\/\/www.ministeriodetrabajo.gob.do<\/a>
\nGeneral Directorate of Internal Taxation (DGII): http:\/\/www.dgii.gov.do\/<\/a>
\nGeneral Directorate of Customs: http:\/\/www.aduanas.gob.do<\/a>
\nGeneral Budget Directorate (DIGEPRES): http:\/\/www.digepres.gob.do<\/a>
\nGeneral Directorate for Public Credit: http:\/\/www.creditopublico.gov.do<\/a>
\nGeneral Directorate for Purchases and Contracts: http:\/\/www.comprasdominicana.gov.do<\/a>
\nGeneral Directorate of Migration: https:\/\/www.migracion.gob.do<\/a>
\nGeneral Comptroller of the Republic: http:\/\/www.contraloria.gob.do\/Sitecontraloria\/<\/a>
\nNational Treasury of the Republic: http:\/\/www.tesoreria.gov.do<\/a>
\nAccounting Chamber: https:\/\/www.camaradecuentas.gob.do<\/a>
\nJuridical Consultancy of the Executive Branch: http:\/\/www.consultoria.gov.do<\/a>
\nBureau of Pensions: http:\/\/www.sipen.gov.do<\/a>
\nBureau of Finance: http:\/\/www.siv.gov.do<\/a>
\nBureau of Banks: http:\/\/www.sib.gob.do<\/a>
\nBureau of Insurance: http:\/\/www.superseguros.gob.do<\/a>
\nAssociation of Commercial Banks: http:\/\/www.aba.org.do<\/a>
\nNational Office of Statistics: http:\/\/www.one.gob.do<\/a>
\nCenter for Exportation and Investment: http:\/\/cei-rd.gob.do\/es\/inicio\/<\/a>
\nNational Council for Competitiveness: http:\/\/www.cnc.gob.do<\/a>
\nDominican Sugar Institute: http:\/\/www.inazucar.gov.do<\/a>
\nStock Exchange of the Dominican Republic: http:\/\/bvrd.com.do<\/a>
\nNational Bank of Exports: http:\/\/www.bnv.com.do<\/a>
\nAgricultural Bank: http:\/\/www.bagricola.gob.do<\/a><\/p>\n

International entities with economic information about the Dominican Republic<\/strong><\/h3>\n

International Monetary Fund (IMF): http:\/\/www.imf.org\/external\/spanish\/index.htm<\/a>
\nWorld Bank: http:\/\/www.bancomundial.org<\/a>
\nInter-American Development Bank (IDB): http:\/\/www.iadb.org\/<\/a>
\nEconomic Commission for Latin America and the Caribbean (ECLAC): http:\/\/www.cepal.org\/en<\/a> United Nations: http:\/\/portal.onu.org.do<\/a>
\nCentral American Monetary Council: http:\/\/www.secmca.org<\/a>
\nFeller Rate \u2013 Risk Rating: http:\/\/www.feller-rate.com.do<\/a>
\nFitch Ratings: http:\/\/fitchca.com\/default.aspx<\/a>
\nThe Economist Intelligence Unit: https:\/\/country.eiu.com\/dominican-republic<\/a>
\nUnited Nations Development Program (UNDP): http:\/\/www.do.undp.org<\/a>
\nCentral American Integration System (SICA): http:\/\/www.sica.int\/miembros\/rd\/datos.aspx?IdEnt=401<\/a>
\nInter-American Institute of Agricultural Cooperation \u2013 IICA Link: http:\/\/www.iica.int\/es\/countries\/rep\u00fablica-dominicana<\/p>\n

Information about the impact of the IICA in the country<\/strong><\/h3>\n

Latin America Development Bank (CAF): https:\/\/www.caf.com\/es\/paises\/republica-dominicana\/nuestra-accion\/#<\/a>
\nInformation System for the Millennium Development Goals (ODM): http:\/\/odm.gob.do<\/a>
\nLatin American Department for Social Sciences \u2013 Dominican Republic Program (FLACSO \u2013 RD): http:\/\/www.flacso.org.do<\/a>
\nFood and Agriculture Organization of the United Nations (FAO): http:\/\/www.fao.org\/countryprofiles\/index\/en\/?iso3=dom<\/a>
\nWorld Labor Organization (OIT): http:\/\/www.ilo.org\/sanjose\/lang–es\/index.htm<\/a>
\nCentral Intelligence Agency (CIA): https:\/\/www.cia.gov\/library\/publications\/the-world-factbook\/geos\/dr.html<\/a>
\nOrganization of American States (OAS): http:\/\/www.oas.org\/es\/acerca\/offices_detail.asp?sCode=dre<\/a>
\nOrganization of Ibero-American States (OEI): https:\/\/oeidominicana.org.do<\/a>
\nWorld Trade Organization (WTO): https:\/\/www.wto.org\/English\/thewto_e\/countries_e\/dominican_republic_e.htm<\/a><\/p>\n

Dominican Economic Newspapers<\/strong><\/h3>\n

List\u00edn Diario \u2013 Economy and Business Section: http:\/\/www.listindiario.com\/economia<\/a>
\nDiario Libre \u2013 Economy Section: http:\/\/www.diariolibre.com\/economia<\/a>
\nEl Caribe \u2013Economy Section: http:\/\/www.elcaribe.com.do\/panorama\/dinero<\/a>
\nHoy \u2013 Economy Section: http:\/\/hoy.com.do\/economia\/<\/a>
\nDigital newspaper Acento \u2013 Economy Section: http:\/\/acento.com.do\/economia\/<\/a>
\nDigital newspaper 7 d\u00edas.com.do \u2013Economy Section: http:\/\/www.7dias.com.do\/economia\/<\/a>
\nEl Dinero: http:\/\/www.eldinero.com.do<\/a>
\nEl D\u00eda \u2013Economy Section: http:\/\/eldia.com.do\/economia-y-finanzas\/<\/a>
\nEl Mercantil: http:\/\/www.elmercantil.com.do<\/a>
\nEl Nacional \u2013 Economy Section: http:\/\/elnacional.com.do\/seccion\/economia\/<\/a>
\nEl Nuevo D\u00eda \u2013 Economy Section: http:\/\/www.elnuevodia.com\/negocios\/ec<\/a><\/p>","protected":false},"excerpt":{"rendered":"

The Dominican Republic is a small and open economy with nearly 10 million inhabitants. During the last 20 years (1995-2015) the country has had a yearly average growth of gross domestic product (GDP) of 5.2%, far above the average in Latin America and the Caribbean during the same period (3.2%). The economy of the Dominican … Continue reading “Dominican Economy”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"page-economia.php","meta":{"footnotes":""},"class_list":["post-6084","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/pages\/6084"}],"collection":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/comments?post=6084"}],"version-history":[{"count":7,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/pages\/6084\/revisions"}],"predecessor-version":[{"id":9922,"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/pages\/6084\/revisions\/9922"}],"wp:attachment":[{"href":"https:\/\/www.dominicanaonline.org\/en\/wp-json\/wp\/v2\/media?parent=6084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}