SANTO DOMINGO.– The Dominican Republic has positioned itself as a leading nation in strengthening its economyand tourism, as well as being an example of resilience in the region, consolidating itself as a model of stability and sustainable development.
This was highlighted by the Presidential Spokesperson, Homero Figueroa, who emphasized the achievements made in recent years during Luis Abinader's administration, positioning the country as one of the preferred destinations for tourists and a high-growth economy in Latin America.
Leadership in Caribbean tourism
According to Figueroa, the Dominican Republic has become the fourth most sought-after destination for American tourists for the 2024-2025 winter season, strengthening its offerings and promoting new sustainable and luxury experiences.
“Thanks to a 4% growth in tourism offerings compared to the previous year and an 11% increase in the arrival of visitors from the United States, the country has achieved significant recognition in luxury resorts such as Cap Cana and Casa de Campo, highlighted by specialized media such as Conde Nast Traveler,” the spokesperson stated.
Resilience and economic growth
The Dominican economy has shown solid growth of 5.1%, reaching a record high in employment and keeping inflation in moderate ranges between 4% and 1%.
Figueroa explained that this growth has been accompanied by significant foreign direct investment, which reinforces the country's economic stability. "These figures reflect not only the resilience of our economy, but also the government's commitment to generating employment and reducing informality.".
Regional comparison and positioning
At the regional level, the Dominican Republic is projected to be one of the fastest growing economies in Latin America, with low inflation and a stable economic management model, according to the International Monetary Fund (IMF).
"The IMF has estimated growth of 5.1% for 2024, exceeding the regional average of 2.1%, which positions us as a benchmark in the region in terms of growth and stability," Figueroa concluded.
