Dominican Republic Will Maintain Region-Leading Growth Rate Despite Downside Risks

• The Dominican Republic will lead the Caribbean in real GDP growth in the coming quarters as an improving labor market drives private consumption and a favorable investment environment attracts foreign capital 
• While goods and services exports are expected to strengthen in the coming years, Fitch Solutions note sizable downside risks to Dominican growth, particularly related to its tourism industry.
• Fitch Solutions maintain 2019 real GDP growth forecast of 5.2% y-o-y and 2020 forecast of 4.7%.  

(Source: Fitch)