The Central Bank of the Dominican Republic published remittance statistics showing that receipts in March 2025 totalled USD 1,110.3 million, up 20.0% from March 2024 and 21.2% from February 2025. Remittances for the first quarter of 2025 reached USD 2,962.8 million, a 12.4% year-on-year increase. Formal remittance inflows in March were dominated by the United States, which accounted for 83.9% (USD 867.0 million); the update also referenced US labour market conditions (4.2% unemployment) and services activity (ISM non-manufacturing PMI at 50.8). Spain contributed USD 65.5 million (6.3%), while Italy, Haiti and Switzerland each represented around 1% of flows. By destination, the National District received 43.3% of March remittances, followed by Santiago (11.7%) and Santo Domingo (7.6%), with 62.6% concentrated in metropolitan areas; the central bank linked these inflows to relative exchange rate stability and reported international reserves above USD 14.7 billion (11.7% of GDP and 5.3 months of imports). The central bank’s external sector projections for 2025 envisage continued growth in foreign currency earnings, including tourism receipts of about USD 11.4 billion, remittances above USD 10.9 billion, total exports of around USD 14.8 billion and foreign direct investment of about USD 4.7 billion, with total foreign currency income expected to exceed USD 45.6 billion.

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