Remittances received by the Dominican Republic reached $9,489.8 million between January and September of this year, which represents a 6.5% increase compared to the same period of the previous year, according to the Central Bank (BCRD). This increase is equivalent to $577 million more compared to the first nine months of 2025.
The country received $1,057 million in September for remittances, which represents a growth of $65.3 million, equivalent to 6.6%, compared to the same month of the previous year. The Central Bank highlighted that this result was achieved in the midst of a complex international environment and attributed the behavior mainly to the transfers sent by Dominicans residing in the United States.
Origin of remittances
From the United States, $780.1 million was received in September, which represents 80.9% of the total formal remittances. Spain occupied the second place among the countries of origin of these resources, with $59.9 million, equivalent to 6.2% of the total received during September. Italy, Haiti, and Switzerland followed, with 1.3%, 1.2%, and 1.1% of the remittances, respectively. The rest of the resources came from countries such as France, Canada, and Germany, among others.
This increase in remittances may have a positive impact on the country’s economy, as remittances are an important source of income for many Dominican families. Additionally, the growth of remittances may also influence the exchange rate and inflation in the country.
In summary, remittances to the Dominican Republic have experienced a notable increase during the first nine months of the year, which may have a positive impact on the country’s economy. It is worth noting that this increase occurs in the midst of a complex international environment, making the growth of remittances even more notable.
Credits: n.com.do
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