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Abstract

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A tight labour market and robust income growth suggest that private consumption will remain strong through the rest of 2024 in the Dominican Republic, underpinning our modest upward revision to our 2024 real GDP forecast from 4.6% to 4.8%. We maintain our upbeat 2025 forecast at 5.1%, given that we think structural forces like global policy loosening cycles and labour market resilience will provide tailwinds for exports, investment, and private consumption. Risks to our 2025 growth forecast are dependent on the US growth outlook.

Details

1007133
Subject
Political risk;
Economic forecasts;
Gross Domestic Product--GDP;
Economic growth;
SWOT analysis;
Crime;
Labor market;
International trade
Business indexing term
Location
Puerto Rico; United States--US; Dominican Republic
Title
Dominican Republic and Puerto Rico Country Risk Report - Q2 2025
Publication title
Fitch Solutions Risk Reports; London
First page
1
Publication year
2025
Publication date
Second Quarter 2025
Publisher
Fitch Solutions Group Limited
Place of publication
London
Country of publication
United Arab Emirates
Publication subject
Business And Economics
Source type
Report
Language of publication
English
Document type
Country Report
Document feature
Industry risk; Country risk
ProQuest document ID
3169902204
Document URL
https://www.proquest.com/reports/dominican-republic-puerto-rico-country-risk/docview/3169902204/se-2?accountid=208611
Copyright
Copyright 2025 Business Monitor International. All rights reserved
Last updated
2025-09-02
Database
2 databases
  • ProQuest One Academic
  • ProQuest One Academic