The Dominican Republic Automotive Industry Outlook 2024 - 2028

See how the Dominican Republic Automotive performed compared to key markets such as Australia, Canada and China.

Key Market Indicators

Dominican Vehicle Registration is projected to rise to approximately 21,090 units by 2028, up from around 20,600 units in 2023. This represents an average annual growth rate of 0.4%. Since 2010, the Dominican market has experienced a slight decline, averaging a 0.7% decrease each year. In the global ranking for 2023, the Dominican Republic secured the 81st position, with Oman narrowly surpassing it with 20,600 registered units. Leading the rankings, Canada, China, and Austria took the second, third, and fourth spots, respectively.

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The Dominican Republic Automotive Market Data and Forecasts