Between January and October of 2025, the remittances received reached the figure of 9,878.4 million dollars, increasing 966.8 million (10.8%) compared to the same period of the previous year, reported this Monday the Central Bank of the Dominican Republic (BCRD).
only in October 965.6 million dollars were received, an increase of 52.7 million (5.8%) compared to October 2024. These resources provided by the dominican diaspora Abroad they have a multiplier effect on consumption, investment and financing of the most vulnerable sectors of the country.
The monetary entity explains that the economic performance of the USA was one of the main factors that influenced the behavior of the remittancessince 80.4% of the formal flows for the month of December originated from that country. Octoberabout 719.8 million dollars.
Indeed, the non-manufacturing purchasing managers index (PMI) of the Institute for Supply and Supply Management (ISM) registered a value of 52.4 in the month of Octoberhigher than the 50.0 observed in September, which indicates greater dynamism in the services sector, where a large part of the dominican diaspora.
Performance of other countries
The BCRD also highlights the reception of remittances through formal channels from other countries in Octoberlike Spain, for a value of 66.0 million dollars, 7.4% of the total, this being the second country in terms of total residents of the dominican diaspora abroad refers, as well as Italy, Haiti and Switzerland, with 1.4% of the flows received, each.
In the rest of the reception remittances countries are distinguished as Canada and Franceamong others.
Distribution by province
According to the distribution of the remittances received by provinces, the Central Bank points out that the National District received a proportion of 47.5% during Octoberfollowed by the provinces of Santiago and Santo Domingo, with 10.7 and 7.4%, respectively.
This indicates that about two thirds of the remittances (65.6%) receive them metropolitan areas of the country.
Outlook at the end of the year
Taking into account the recent behavior of the external sectorthe institution expects a favorable evolution of the income of foreign exchange at the end of this year, driven by the dynamism of tourism, exports, foreign direct investment and remittances.
It is estimated that the dominican economy would generate more than 46,000 million dollars, with remittances exceeding 11.7 billion, exports around 14.9 billion, tourism income close to 11.2 billion and foreign direct investment that would exceed 4.8 billion dollars.
These income from foreign exchange contribute to maintain stability relative of exchange rate which is observed in the present.
As of 31 October of 2025, the national currency depreciated 5.0% compared to US dollar with respect to December 2024.
These greater external flows also allow maintaining an adequate level of international reserveswhich at the close of October They stood at 14,640.2 million dollars, representing 11.4% of GDP and covering about 5.4 months of imports, indicators above the thresholds recommended by the International Monetary Fund (IMF).
After presenting these results, the Central Bank reaffirms its commitment to monitoring the current economic environment to continue taking the necessary measures to counteract the impact on the dominican economy of the international panorama, in order to guarantee the stability of prices and the exchange market.
