He Central Bank of the Dominican Republic (BCRD) reports that, between January and November of 2025, the remittances received grew 10.5%, reaching 10,780.8 million dollars, 1,028.3 million compared to January-November last year ($9,752.5 million).
only in November 889.5 million dollars were received, an increase of 48.7 million (5.8%) compared to November of 2024.
“It should be noted that these resources provided by the dominican diaspora Outside they have a multiplier effect on consumption, investment and financing of the most vulnerable sectors of the country,” the financial entity noted in this regard.
Dynamism from the USA
He BCRD explains that the economic performance of the United States was one of the main factors that influenced the behavior of the remittancessince 80.7% of the formal flows for the month of December originated from that country. Novemberrepresenting 669.8 million dollars.
In this sense, it is worth highlighting that the non-manufacturing purchasing managers index (PMI) of the Institute for Supply and Supply Management (ISM) registered a value of 52.6 in that month, higher than the 52.4 observed in October, indicating greater dynamism in the services sectorwhere much of the dominican diaspora.
He BCRD Also noteworthy is the reception of remittances through formal channels from other countries in Novemberas Spainfor a value of 56.9 million dollars, 6.9% of the total, this being the second country in terms of total residents of the dominican diaspora abroad refers.
For its part, Haiti contributed 1.5% of total flows receivedwhile Italy and Switzerland contributed 1.3% each. In the rest of the reception remittances Countries such as Canada and France, among others, are distinguished.
Regarding the distribution of remittances received by provinces, the BCRD indicates that the National District received a proportion of 51.0% during November, followed by the provinces of Santiago and Santo Domingo, with 9.8% and 7.2%, respectively.
This indicates that about two thirds of remittances (68.0%) are received in the metropolitan areas of the country.
Projections
Thus, the BCRD anticipates a optimistic scenario for the remittances at the end of 2025, above 11.7 billion dollars.
The monetary entity also hopes that currencies exceed 46,000 million dollars in totalforeseeing – in addition to the remittances– Exports of more than 14.9 billion, contributions from tourism close to 11.2 billion and other service exports that would exceed 3.5 billion, complemented by foreign direct investment (FDI) of more than 4.8 billion dollars.
These foreign exchange earnings would contribute maintain relative exchange rate stability that is currently observed.
As of 31 November of 2025 the national currency depreciated 3.5% compared to US dollar with respect to December 2024.
These greater external flows also allow maintaining an adequate level of international reserveswhich stood at 14,274.0 million dollars at the close of Novemberrepresenting 11.1% of the gross domestic product (GDP) and covering about 5.3 months of imports, indicators above the thresholds recommended by the International Monetary Fund (IMF).
“He 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 challenging international panorama, in order to guarantee price and exchange market stability,” the monetary institution concluded.
