Business Confidence in Dominican Republic increased to 57.40 Index Points in the second quarter of 2019 from 55.80 Index Points in the first quarter of 2019.

Business Confidence in Dominican Republic averaged 54.45 Index Points from 2009 until 2019, reaching an all time high of 58.80 Index Points in the fourth quarter of 2014 and a record low of 47.80 Index Points in the first quarter of 2011. This page provides - Dominican Republic Business Confidence- actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic Business Confidence - values, historical data and charts - was last updated on April of 2020. source: Central Bank of Dominican Republic

Business Confidence in Dominican Republic is expected to be 45.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in Dominican Republic to stand at 51.00 in 12 months time. In the long-term, the Dominican Republic Business Confidence is projected to trend around 56.00 points in 2021 and 61.00 points in 2022, according to our econometric models.

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Dominican Republic Business Confidence

Actual Previous Highest Lowest Dates Unit Frequency
57.40 55.80 58.80 47.80 2009 - 2019 points Quarterly

Dominican Republic Business Last Previous Highest Lowest Unit
Internet Speed 4430.06 4096.20 4430.06 366.24 KBps [+]
IP Addresses 906609.00 874626.00 906609.00 152367.00 IP [+]
Leading Economic Index 6.70 5.50 13.50 -5.10 percent [+]
Business Confidence 57.40 55.80 58.80 47.80 points [+]
Ease of Doing Business 115.00 102.00 117.00 86.00 [+]
Changes In Inventories 5240.60 -17190.38 20950.35 -29067.41 DOP Millions [+]
Competitiveness Index 58.31 57.38 58.31 3.65 Points [+]
Competitiveness Rank 78.00 82.00 110.00 78.00 [+]
Corruption Index 28.00 30.00 35.00 26.00 Points [+]
Corruption Rank 137.00 129.00 137.00 59.00 [+]

Dominican Republic Business Confidence
In Dominican Republic, the Industrial Confidence Index (ICI) is based on a survey of around 300 industrial companies. The index assesses the level of optimism that executives have about current and expected production, demand and inventories. The index is measured on a scale of 0 to 100, where levels above 50 indicate optimism, 50 neutrality and below 50 pessimism.