Central Bank data reveals 2025 is “slow”; construction with the biggest drop

The construction sector is the one that reflects the worst numbers in terms of its economic activity performance during the first four months of 2025, with a drop of -2.3% compared to the same period of the previous year.

The most recent data from the Central Bank, measured through the Monthly Indicator of Economic Activity (IMAE), records that the Dominican economy has only grown 2.5% in the months January-April of 2025, in relation to the same months of the previous year.

The data from the first quarter of 2025 (2.5%) is very different from the 5.1% growth recorded in the same period of 2024.  

Regarding the poor performance of construction, the Central Bank said that this sector has been affected by the external environment of uncertainty and by real interest rates that remain relatively high, reflecting in the readjustment of construction schedules for private sector works.

They explained that this situation has translated into a lower demand for the main inputs used in construction and a slowdown in the sector.

Another sector with a decrease in the first four months of this year is mining, which experienced a year-on-year variation of -2.2 %.

That decline is essentially attributed to the slowdown in the extraction of gold and silver, whose operations have been affected by conflicts between local communities where the country’s main deposits are located and mining companies, generating tensions over the relocation of residents and environmental concerns.