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In 2019 the foreign direct investment stock amounted to $42 billion a significant growth in the last decade and a half. [14] In 2020, during the COVID-19 pandemic, foreign direct investment flows in the Dominican Republic had remained strong at $2.5 billion added to the stock in that year. Having grown to an estimated $44.5 billion, and growing ...
Tourism in the Dominican Republic is an important sector of the country's economy. More than 10 million tourists visited the Dominican Republic in 2023, [ 1 ] [ 2 ] making it the most popular tourist destination in the Caribbean and putting it in the top 5 overall in the Americas . [ 3 ]
President Mejia only received $120 of the $600 million he asked from the IMF. The Dominican Republic lost 67% of the annual budget and about $700 million. [5] The Dominican Recession (2002) brought a halt to the steady rapid growth brought by the telecommunications and mining sectors. The DR was exporting good and unemployment was down.
Latin American and the Caribbean countries by GDP per capita PPP (2019). This is a list of Latin American and the Caribbean countries by gross domestic product at purchasing power parity in international dollars according to the International Monetary Fund's estimates in the October 2023 World Economic Outlook database.
Over the last two decades, the Dominican Republic have been standing out as one of the fastest-growing economies in the Americas - with an average real GDP growth rate of 5.4% between 1992 and 2014. [4] GDP growth in 2014 and 2015 reached 7.3 and 7.0%, respectively, the highest in the Western Hemisphere. [4]
Grupo Vimenca is a privately held group of financial services companies in Dominican Republic with headquarter in Santo Domingo.It was established in 1950 by President and Founder of the group Victor Méndez Capellán. [1]
The Dominican Republic deported more than 276,000 Haitians in 2024, the country’s Immigration Directorate said Wednesday. In the last three months of the year alone, over 94,000 people were ...
The Ministry of Economy, Planning and Development (Spanish: Ministerio de Economía, Planificación y Desarrollo or MEPyD) of the Dominican Republic is a government institution which coordinates the country's macroeconomic politics and sustainable development. It regulates the National System for Development and Public Investment, controls the ...
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