Q1 2017 GDP growth rate: 5.2%

DOMINICAN REPUBLIC - In Brief 09 May 2017 by Pavel Isa
The Central Bank announced yesterday that real GDP growth rate for Q1 reached 5.2%, compared to Q1 2016. The figure is in line with prospects of a moderate decline in growth for 2017. Finance, agriculture, construction and tourism led economic expansion during the period. Although it is a lower rate than the ones we have seen in the recent past, it is still a robust one, very much in line with the long term rate of growth of the Dominican Republic. We will discuss the Central Bank report in more detail in our upcoming quarterly report.

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