- Growth Outpaces the Caribbean and Latin America
GDP is estimated to have expanded by 2.5% in 2025, according to the World Bank.
The Dominican Republic could accelerate economic growth to an average of 4.5% in 2026 and sustain this pace through 2027, supported by reforms aimed at attracting foreign direct investment and advances in export diversification, according to the World Bank in its Global Economic Prospects report, published yesterday, Tuesday.
The expected pace of expansion for the Dominican economy by the end of 2026 would exceed growth across the rest of the Caribbean (estimated between 2.9% and 3.7%), driven by the dynamism of tourism activity and related services.
However, when Guyana—currently experiencing a boom in its oil industry—is included, regional growth could reach as high as 5.2%.
Likewise, the Dominican Republic would outperform Latin America, where growth is projected to edge up to 2.3%, amid persistent uncertainty and elevated trade tensions, and in a context where domestic demand remains “at low levels” in several countries across the region.
Optimistic outlook for 2025
The institution maintained its estimate that the Dominican Republic may have closed 2025 with GDP growth of 2.5%.
This figure is three-tenths of a percentage point higher than the most recent projection from the Central Bank of the Dominican Republic (BCRD), which anticipates an expansion of 2.2%, according to its December monetary policy statement.
In this regard, the World Bank maintained an optimistic outlook for the country for the year just concluded, expecting growth to exceed the regional projection for Latin America and the Caribbean of 2.2% in 2025.
Improvement expected for Haiti
The multilateral institution also highlighted that neighboring Haiti could register growth of 2.0% in 2026 and up to 2.5% in 2027, representing a significant improvement for an economy that has experienced seven consecutive years of contraction, including last year, which is expected to close at -2.0%.
This economic relief would be contingent upon “modest progress” in terms of stability and security.
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