During the spring meeting of the International Monetary Fund (IMF) and the World Bank Group (WBG), the agency presented the Regional Economic Outlook for the Western Hemisphere, and it showed the Dominican Republic in a glowing light. For 2025, the IMF says that the country will see a 4 to 4.5% increase in Gross Domestic Product (GDP), and this is only behind the 5.5% of Argentina.
However, for 2026, the world’s monetary watchdog says that the Dominican’s forecast 4.8% will be above Argentina’s 4.5%, giving the DR the highest forecast for the entire Western Hemisphere. The forecast for 2026 for the Central American region is Costa Rica 3.4%, El Salvador 2.5%, Guatemala 3.8%, Honduras 3.4%, Nicaragua 3.2%, Panama 4.0% and the DR 4.8%.
According to the IMF, the regional GDP growth will be just 2.0% a slight decline from 2024 when the GDP growth was set at 2.4%, mainly caused by little investment and what they are calling “long-standing obstacles…which continue to slow growth in the medium term.”
During the meetings of the IMF and the WBG held from Monday, 21 April to Saturday 26 April in Washington, D.C., the governor of the Central Bank Hector Valdez Albizu repeatedly made the point of the resilience of the Dominican economy.
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Central Bank
IMF and WBG meetings
Reuters
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28 April 2025