KEY FACTS AT A GLANCE

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to decline from 15.9% (DOP271.4bn or US$7,269.3mn) in 2010 to 16.7% (DOP652.7bn or US$13,657.2mn) by 2020.

Employment
The contribution of the Travel & Tourism economy to employment is expected to fall to 541,000 jobs in 2010, 13.8% of total employment or 1 in every 7.2 jobs to 802,000 jobs, 14.5% of total employment or 1 in every 6.9 jobs by 2020.

Growth
Real GDP growth for Travel & Tourism economy is expected to be -0.7% in 2010 and to average 4.8% per annum over the coming 10 years.

Visitor Exports
Export earnings from international visitors and tourism goods are expected to generate 39.4% of total exports (DOP163.4bn or US$4,376.7mn) in 2010, growing (nominal terms) to DOP399.0bn or US$8,348.8mn (34.0% of total) in 2020.

Investment
Travel & Tourism investment is estimated at DOP57.2bn, US$1,533.1mn or 19.3% of total investment in 2010. By 2020, this should reach DOP133.5bn, US$2,793.7mn or 20.6% of total investment.

WORLD RANKING

The Dominica Republic Travel & Tourism economy is ranked number:

  • 65 in absolute size worldwide
  • 36 in relative contribution to national economies
  • 92 in long-term (10-year) growth

(181 countries are estimated by WTTC / OE)

Dominican Republic Economic Forecast Data
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Dominican Republic Economic Forecast Data
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