Dominican Republic

The World Bank In Dominican Republic

The Dominican Republic has enjoyed strong economic growth in recent years and a significant reduction in poverty, although the country remains vulnerable to natural disasters such as hurricanes.

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Overview

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Feature Story

Hurricane Irma

Q&A with disaster risk management expert Joaquin Toro

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Emergency lending for disaster

CAT DDOS

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BEHIND HURRICANES

Weathering storms in Central America: The impact of hurricanes on poverty and the economy

Cyclone View. Photo Credit: Gabiixs/ iStock

Dominican Republic At-A-Glance

The Dominican Republic’s economic growth has been one of the strongest in the LAC region over the past 25 years. In the first quarter of 2017, the economy expanded by 5.2 percent, following yearly average growth of 7.1 percent between 2014-16. This contrasted sharply with that of the average 1.4 percent contraction for the LAC region in 2016.

Overview

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Project

Distribution Grid Modernization and Loss Reduction Project

The project will rehabilitate 1,003 km of distribution networks and upgrade electrical interconnection of more than 120,000 customers in priority areas.

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