The Central Bank of the Dominican Republic (BCRD) has announced a significant surge in remittances, with inflows reaching US$10.78 billion between January and November 2025. This figure represents a substantial increase of US$1.02 billion, or 10.5%, compared to the same period in 2024.
Building on this strong performance, the BCRD projects total remittances to exceed US$11.7 billion by the close of 2025, a new record.
In November alone, the country received US$889.5 million in remittances, an increase of US$48.7 million (5.8%) over November 2024.
These funds, supplied by the Dominican diaspora abroad, are critical to the national economy, having a “multiplier effect on consumption, investment, and the financing of the country’s most vulnerable sectors,” the BCRD stated in a press release.
The BCRD largely attributes the robust performance of remittances to the economic strength of the United States. The United States was the source of 80.7% of formal remittance flows in November, accounting for approximately US$669.8 million. Spain was the second largest contributor, supplying US$56.9 million or 7% of the total, reflecting its large Dominican resident population.
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Central Bank
15 December 2025