Key Market Indicators
The Dominican Republic's tourism sector is poised for steady growth over the next few years. According to recent projections, tourism receipts are expected to climb to approximately $31.5 million by 2028, up from $29.9 million in 2023. This marks an average annual growth rate of 0.8%. The sector has shown resilience and consistent growth, with an average annual increase of 1.3% since 2019. Tourist arrivals are also on the rise. By 2028, the number of visitors to the Dominican Republic is anticipated to reach around 383,000, compared to 343,000 arrivals in 2023. This translates to an average annual growth rate of 1.7%. Long-term trends underscore the sector's robust expansion, with demand having surged by an average of 11.5% per year since 2000.
