The 2025 report of “Global Risks Report“, which lists the risks that countries face, determined that the Dominican Republic faces threats related to climate, inequalities, migration, poverty and the public debtwhich grows year after year.
This report, promoted by the World Economic Forumwas published two decades ago and is the main source that warns about global risks.
The conclusions of the most recent one, published last week, have been carried out with the perspective of more than 900 experts from different fields, such as academia, business, government and organizations.
It is defined as global riskl the possibility of an event or condition occurring that, if it occurred, would adversely affect a proportion of the world’s gross domestic product (GDP), population, or resources.
Dominican Republic, many risks
Dominican Republic It has a very varied risk panorama. Some of them have been dragging on for years, like the poverty and the inequality. Other risks, such as climate disasters, are implicit in the location of the island. However, there is one that has had more notoriety in the last year: the risk of involuntary migration. Furthermore, they highlighted the public debt of the country as the second most important risk.
These are the threats you face Dominican Republic in 2025, according to the study carried out by the World Economic Forum.
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1. Extreme weather events
The risk that tops the list Dominican Republic It has to do with the environment. The report warns of the possibility of extreme weather events.
According to the document, this type of risk involves loss of human life, damage to ecosystems, destruction of property and financial losses due to terrestrial, water and atmospheric phenomena.
In other words, this risk implies the possibility of fires, floods, high temperatures, heat waves, hurricanes…
2. Public debt
The second risk has to do with the economy. It is about the public debt. The report describes this risk as the possibility of public finances reaching bankruptcy or massive insolvencies due to the accumulation of debt. This would generate a economic crisis and social.
To address this, the Government took some measures, such as presenting a tax reform proposal in 2024, which was ultimately withdrawn due to the little support it had.
According to the Ministry of Finance, the public debt The nation’s consolidated income amounted to 73,764.3 million dollars in September 2024, representing 59.2% of GDP.
3. Poverty and inequality
This third problem has been facing the country for countless years. “Global Risks Report“defines the inequality such as disparities in the distribution of assets, wealth or income within or between countries, something that can be observed in everyday life.
4. Labor shortage
In the country, there has been a perception for years that Dominicans do not want to work in certain sectors. According to the report, there is a risk that the supply and demand for labor is or will be unbalanced in the country in 2025.
5. Involuntary migration
This point refers to people who must be forcibly displaced across or within borders due to discrimination, persecution or lack of opportunities and economic progress.
In the case of Dominican Republicthis problem is latent. The situation in Haiti means that thousands of people are forced to enter the nation and look for opportunities. In addition, border provinces have fewer job offers and progress, so many people are forced to move to the capital.
What the Dominican Republic should not fear
Although the risks that the country has to face are not insignificant, there are others that face a more delicate situation. The report, in addition to environmental and economic risks, also observes geopolitical ones, which include armed conflicts.
Israel, for example, faces the threat of armed conflict, terrorism and civil violence. Poland, being close to Russia, also has the threat of armed conflict. China alike. That is something to which Dominican Republic you should not fear.
On the other hand, the country is not threatened by technologyaccording to the data in the report. The Netherlands, for its part, is at risk of internet insecurity and misinformation. The same goes for Ireland. Canada, on the other hand, could have adverse results in artificial intelligence technologies. In addition, it would also have to face a problem of misinformation.
The World Economic Forum Annual Meeting 2025, taking place in Davos-Klosters from January 20 to 24, convenes global leaders under the theme Collaboration for the Smart Era.
The meeting will foster new partnerships and perspectives to shape a more sustainable and inclusive future in an era of rapid technological advancement, focusing on five key areas: Reimagining Growth, Industries in the Smart Age, Investing in People, Protecting the Planet and Rebuilding Trust.
