Remittances in Dominican Republic increased to 994.89 USD Million in March from 760.96 USD Million in February of 2021. source: Central Bank of Dominican Republic

Remittances in Dominican Republic averaged 325.30 USD Million from 1993 until 2021, reaching an all time high of 1088.90 USD Million in December of 1997 and a record low of 78.50 USD Million in January of 1998. This page provides - Dominican Republic Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic Remittances - values, historical data and charts - was last updated on May of 2021.

Remittances in Dominican Republic is expected to be 850.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Remittances in Dominican Republic to stand at 850.00 in 12 months time. In the long-term, the Dominican Republic Remittances is projected to trend around 850.00 USD Million in 2022, according to our econometric models.

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Dominican Republic Remittances

Actual Previous Highest Lowest Dates Unit Frequency
994.89 760.96 1088.90 78.50 1993 - 2021 USD Million Monthly

Dominican Republic Trade Last Previous Highest Lowest Unit
Balance of Trade -780.80 -613.20 122.10 -1007.10 USD Million [+]
Current Account -682.60 -278.10 587.00 -1561.10 USD Million [+]
Current Account to GDP -2.00 -1.30 5.00 -9.40 percent [+]
Imports 1744.60 1516.90 1926.90 324.80 USD Million [+]
Exports 963.80 903.70 1016.00 282.80 USD Million [+]
Remittances 994.89 760.96 1088.90 78.50 USD Million [+]
Gold Reserves 0.57 0.57 0.57 0.56 Tonnes [+]
Capital Flows -653.30 -4260.00 3231.20 -4260.00 USD Million [+]
Foreign Direct Investment 718.40 752.90 1658.80 123.50 USD Million [+]
External Debt 29929.30 26174.40 29929.30 11056.90 USD Million [+]
Terrorism Index 0.00 0.18 2.58 0.00 [+]
Tourist Arrivals 313289.00 198485.00 672969.00 217.00 [+]


Dominican Republic Remittances
In Dominican Republic, Remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances).