The Dominican Republic will be able to expand the growth of its economy up to an average of 4.5% in the 2026 and maintain this same pace by 2027, benefiting from reforms aimed at attracting foreign investment and progress in the diversification of its exportsstates the World Bank in its Global Economic Outlook Report, published yesterday, Tuesday.
He expansion rate expected for the dominican economy at the close of 2026 It would be higher than the growth exhibited by the rest of the Caribbean countries (between 2.9% and 3.7%), thanks to the dynamization of the tourist activity and related services.
However, if added to Guyana -which is experiencing the peak of its oil industry-, the region’s growth could be up to 5.2%.
- Likewise, the country would exceed the prospects of Latin Americaof which a slight increase of 2.3% is expected, in a context in which uncertainty and trade tensions remain high, and in the face of internal demand that remains “at low levels” in some countries in the region.
Optimistic look at 2025
The entity maintained the estimate that the Dominican Republic It could have ended 2025 with a growth in its gross domestic product (GDP) of 2.5%.
This is three tenths above the latest projection of the Central Bank of the Dominican Republic (BCRD), which expects an expansion of 2.2%, according to its statement monetary policy last December.
In this way, the World Bank kept a optimistic look for the country in the year that just ended, hoping that it reflects a top growth to that projected in the region of Latin America and the Caribbean, 2.2% in 2025, according to their perspectives.
Improvement for Haiti
The multilateral organization highlighted that the neighboring country Haiti could see a growth of 2.0% in 2026 and up to 2.5% in 2027, which would represent a significant improvement for an economy that has experienced seven consecutive years of contraction, including last year, which would close at -2.0%.
This economic relief would be conditional on the “modest progress” that the country presents in terms of stability and security.
