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4 ημέρες πριν · The tourism sector in the Dominican Republic has become a key driver of economic growth, generating approximately US$85,469 million in foreign exchange over the past 13 years. In 2023, the industry saw a 17% increase compared to 2022, highlighting its continued expansion. Tourism now accounts for 8.2% of the country’s GDP and represents more ...
24 Ιουν 2024 · This latest report reveals the importance of Travel & Tourism to the Dominican Republic in granular detail across many metrics. The report’s features include: Absolute and relative contributions of Travel & Tourism to GDP and employment, international and domestic spending.
24 Ιουν 2024 · WTTC’s analysis across 185 countries highlights the Dominican Republic as one of 98 destinations that surpassed GDP contribution records in 2023, exceeding pre-pandemic levels by over 8%. Currently, the tourism sector accounts for 15.3% of the national economy, contributing $18,700 million.
The Dominican Republic’s economy has been one of the most dynamic and resilient in the Western Hemisphere over the last two decades, displaying an impressive recovery from the pandemic, supported by the authorities’ sound policies as well as positive global spillovers.
According to estimates by the Economic Commission for Latin America and the Caribbean (ECLAC), the Dominican economy is expected to grow by 8.0% in 2021. The recovery is due in part to the successful vaccination campaign and the expected growth of the United States economy, a major source of
WTTC’s latest annual research shows: In 2023, the Travel & Tourism sector contributed 9.1% to the global GDP; an increase of 23.2% from 2022 and only 4.1% below the 2019 level. In 2023, there were 27 million new jobs, representing a 9.1% increase compared to 2022, and only 1.4% below the 2019 level.
Over the last two decades, the Dominican Republic have been standing out as one of the fastest economies in the Americas. The DR remains the most rapid economy in the region in 2014 and 2015, with a real GDP growth at 7 percent.