The Association of Industries of the Dominican Republic (Aird) highlighted on Tuesday as very positive the report of the Central Bank of the Dominican Republic (BCRD), which reports a real Gross Domestic Product Growth (GDP) of 5.0 % in 2024, consolidating the country as an economic growth leader in economic growth in Latin America.
Through a press release he pointed out that this performance reaffirms the strength of The Dominican economy In a challenging global environment.
Particularly, the Aird valued the remarkable performance of Local manufacturingwhich grew 4.3 % during 2024, recovering from the performance presented in 2023, according to the BCRD report.
- The national exports They amounted to 5,435.6 million dollars, registering a growth of 8.9 % when comparing them with the year 2023.
These results show the capacity of innovation and adaptation of the sector, promoted by greater exportsan improvement in national production and close collaboration with others key sectors of the economy.
Similarly, they reflect the behavior of the monthly manufacturing activity index (Imam) of the Aird, which closed December 2024 from 51,74 to 55.18 compared to the month of November of the same year.
Growth expectations
The guild that groups The industrialists In the country, he said they hope to influence growth expectations for 2025 through the various investments that are planned by the sector for this year.
These results show the commitment of industrial sector with the sustained growth of the country and the positive impact of public policies focused on promoting competitiveness, investment and sustainability.
The Aird He reiterated his willingness to continue working together with the authorities and other economic actors to maintain this growth trend and face the challenges that may arise in 2025.