Stability

Giacomo Traverso , Country Manager, Advensus
  • Home
  • Stability and Growth

Stability and Growth

The Dominican Republic’s economic climate is stable and growth oriented, making it an ideal location for corporate investors who want to reduce their operating costs while mitigating risk. Over the years, the DR has worked diligently to cultivate a welcoming and supportive business environment and has achieved great success as evidenced by their strong performance in key economic rankings. Looking forward, the country continues to strive towards macroeconomic excellence with strong governmental support and free zone regime.

According to the World Economic Forum’s Global Competitiveness Report, the Dominican Republic ranks extremely well in the Caribbean Region for economic health indicators.

GDP

The DR ranks #1 as the largest GDP in all of Central America and the Caribbean.

Economic Stability

The DR ranks #2 in the Caribbean for overall Macroeconomic Stability.

Institutions

The DR ranks #2 in the Caribbean for strength of their Institutions.

Government

The Dominican Republic has been under a democratic rule for the past 50 years and continues evolving into a more open and transparent institution.  Within the past ten years, the government has taken great strides towards establishing stability though steps such as undergoing constitutional reform, joining the Open Government Partnership and Anti-Corruption Initiative, and launching National Vision 2030.

Free Zone Platform

The Free Zones are a huge contributor to the economic success and stability of the Dominican Republic, responsible for 9% of FDI and 171,286 direct jobs. The zones offer businesses an attractive setup package, namely through taxation incentives, soft incentives, and connectivity.

Contact

About

For 50 years, the Dominican Republic Free Zone platform has worked to promote global business and improve productivity through their comprehensive incentive offering and supportive business environment. Today, they are home to over 700 international companies and continue to provide the necessary tools to help companies grow and thrive!

  • (809) 686 8077

  • 61 Leopoldo Navarro, San Rafael Building, 5th floor, Santo Domingo, Dominican Republic 21430