It decreased by 4.45 percentage points (pp) compared to the same period in 2023, to stand at 19.0%.
The Ministry of Economy, Planning and Development (MEPyD), as a member of the Interinstitutional Technical Committee for Poverty Measurement (CTP), reported that the general monetary poverty rate in the second quarter of 2024 decreased by 4.45 percentage points (pp) with compared to the same period in 2023, to stand at 19.0%.
The data, contained in the “Quarterly bulletin of monetary poverty in the Dominican Republic” corresponding to April-June 2024, highlights that compared to the pre-pandemic period, the reduction in poverty translates into a decrease of 6.9 pp compared to April-June 2019.
The document indicates that the evolution of the general monetary poverty rate in the Dominican Republic shows a notable reduction in both rural and urban areas. In the urban area, the poverty rate was reduced by 4.4 pp, to go from 23.2% in the second quarter of 2023 to 18.8%.
