The Dominican Republic achieved historic milestones in 2024, marking its best year ever for exports and foreign direct investment (FDI), underscoring the nation’s robust economic performance and investor-friendly environment.
According to the Central Bank, total exports reached an unprecedented US$13.85 billion in 2024, reflecting a 7.1% increase over 2023 and a 23.8% rise compared to pre-pandemic levels in 2019.
In parallel, the country attracted a record US$4.51 billion in foreign direct investment, surpassing US$4 billion for the third consecutive year.
President Luis Abinader projected that, if this upward trend continues, exports could reach US$17 billion and cumulative FDI may exceed US$20 billion over the next four years.
Key sectors driving this growth include energy and tourism. The United Nations recognized the Dominican Republic as a standout case in investment for energy transition and tourism development.
Our firm provides strategic legal counsel to clients seeking to navigate and capitalize on the Dominican Republic’s dynamic economic landscape.