DR1 Daily News - Dominican Republic

The United Nations regional economic commission, ECLAC, presented its “Preliminary Overview of Economies of Latin America and the Caribbean 2025,” in which it forecasts an average regional expansion of 2.4% in 2025 and 2.3% in 2026. The Dominican Republic, 2.9% is forecast for the end of 2025, down from 5% in 2024. ECLAC expects GDP to increase in 2026 and forecasts a more optimistic 3.6% for the coming year.

ECLAC includes the Dominican Republic in the Central American region that is seen registering a 2.6% expansion in 2025, affected by weaker demand from the United States. In 2026, Central American regional growth is seen improving to 3.0%, although vulnerabilities remain in relation to trade, remittances, access to financing and exposure to climate change.

The Caribbean is expected to grow by 5.5% in 2025 and 8.2% in 2026, underpinned by significant growth in oil activity in...