The rapid growth of the Dominican Republic economy in recent years has led to strong credit growth, changing market dynamics, and is attracting new entrants.
The IMF predicts a 5% increase in GDP this year, slightly down from 2018’s 7.0%, but still leading the region.
If next year’s forecast of a further 5% materializes – and with a presidential election, there is risk of volatility – it would see a record-setting 17 years of consecutive positive growth.
The growth in the economy is corresponding to record results for the banks.
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