Between January and June of this year, the country received US$6,219.3 million in remittances
SANTO DOMINGO.– The Dominican Republic is heading towards a year of strong foreign exchange earnings, with a projection of over US$50.2 billion by the end of 2026, driven by the growth of remittances, tourism, exports, foreign direct investment and other exported services, according to estimates from the Central Bank of the Dominican Republic (BCRD).
The agency reported that, between January and June of this year, the country received US$6,219.3 million in remittances, a year-on-year increase of 6.7%. In June alone, US$1,049.3 million, equivalent to a 13.6% increase compared to the same month in 2015.
According to the Central Bank, these results reflect the resilience of the Dominican economy in the face of an international context marked by geopolitical tensions, inflationary pressures and the volatility of energy markets.
Remittances maintain their weight in the economy
The Central Bank of the Dominican Republic (BCRD) explained that the United States continues to be the main source of remittances received by the Dominican Republic. During June, the US generated 81.4% of formal remittances, equivalent to US$780.7 million.
According to the organization, this trend is linked to the performance of the U.S. labor market, where a significant portion of the Dominican diaspora is concentrated in the service sector. In June, the non-manufacturing Purchasing Managers' Index (PMI) remained in expansionary territory, and the unemployment rate fell to 4.2%, accompanied by the creation of 57,000 new jobs.
Spain consolidated its position as the second largest sender of remittances to the Dominican Republic, with US$61.8 million during June, followed by Italy, Haiti and Switzerland.
A flow of foreign currency that strengthens economic stability
Beyond the income they represent for thousands of households, the Central Bank highlighted that remittances continue to be one of the main supports of the country's foreign exchange flow.
The institution noted that these revenues have contributed to maintaining the stability of the foreign exchange market. As of July 8, the Dominican peso had appreciated 7.2% against the dollar compared to December 2025, while international reserves reached US$15,821.6 million, equivalent to 11.3% of the gross domestic product (GDP) and sufficient to cover approximately 5.7 months of imports, levels higher than those recommended by the International Monetary Fund (IMF).
For sectors such as construction and the real estate market, exchange rate stability is a relevant element, since a portion of the materials, equipment and supplies used in projects depend on imports and, therefore, on the behavior of the dollar.
Tourism and investment complement foreign exchange earnings
Central Bank projections indicate that remittances will once again become one of the country's main sources of foreign currency during 2026.
The organization estimates that these shipments will exceed US$12.2 billion, while tourism revenue will surpass US$11.9 billion. This would be complemented by exports of approximately US$17.3 billion, foreign direct investment exceeding US$5.3 billion , and around US$3.2 billion from other exported services.
Taken together, these flows would allow foreign exchange earnings to exceed US$50.2 billion by the end of the year, consolidating a scenario that, according to the Central Bank, would contribute to preserving macroeconomic stability and support the country's ability to finance its imports and attract new investments.
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