Dominican Republic Remittances Received
Personal remittances received BX.TRF.PWKR.CD.DT
Dominican Republic's remittances received was $12.0B in 2025, ranked 22nd globally. This represents a 6.3% increase from 2024. Data from World Bank, covering 1970–2025.
Overview
Dominican Republic's remittances received stood at $12.0B in 2025, a rise of +$708.9M from 2024. Based on recent trends, this figure is projected to reach $12.0B by 2025. Dominican Republic ranked 22nd globally.
Remittances received by the Dominican Republic have risen dramatically from a modest $25,100,000.38 in 1970 to an all‑time peak of $11,955,900,000.00 in 2025, placing the country 22nd globally and surpassing peers such as Honduras ($10,851,556,870.85) and Italy ($11,971,525,972.38). The early 1970s marked the lowest inflow, with a trough of $14,500,000.00 recorded in 1971, after which a steady upward trajectory took hold, driven by expanding Dominican diaspora networks in the United States and Europe and increasingly formal channels for money transfers. Over the 56‑year coverage period, the growth rate outpaced many comparable economies, reflecting both higher migrant earnings abroad and improved financial inclusion at home. Continued expansion of digital remittance platforms, coupled with stable macro‑economic conditions, suggests that inflows are likely to maintain their upward momentum, although shifts in migration patterns or tighter overseas labor markets could temper future growth.
Data & projection
| Year | Remittances Received | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $13.1B | - | - |
| 2026* trend | $12.5B | - | - |
| 2025* trend | $12.0B | - | - |
| 2025 | $12.0B | +$708.9M | #22 |
| 2024 | $11.2B | +$627.8M | #164 |
| 2023 | $10.6B | +$341.1M | #165 |
| 2022 | $10.3B | −$464.7M | #167 |
| 2021 | $10.7B | +$2.4B | #169 |
| 2020 | $8.3B | +$911.0M | #168 |
| 2019 | $7.4B | +$602.9M | #162 |
| 2018 | $6.8B | +$639.9M | #156 |
| 2017 | $6.2B | +$669.4M | #156 |
| 2016 | $5.5B | +$312.2M | #154 |
| 2015 | $5.2B | +$385.8M | #154 |
| 2014 | $4.8B | +$324.9M | #152 |
| 2013 | $4.5B | +$223.4M | #148 |
| 2012 | $4.3B | +$21.4M | #151 |
| 2011 | $4.2B | +$353.7M | #153 |
Detected Pattern
Analysis
Dominican Republic matched the Orthodox Tightening Cycle pattern in 2004. Historically, 57% of countries showing this pattern (177 out of 311) saw remittances received improve within 24 months. View full analysis →
Frequently Asked Questions
Dominican Republic's remittances received was $12.0B in 2025. Ranked 22nd globally. This represents a 6.3% increase from the previous year.
Dominican Republic's remittances received peaked at $12.0B in 2025.
The lowest remittances received in Dominican Republic was $14.5M in 1971.
Dominican Republic ranks 22nd globally in remittances received as of 2025.
The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.
Dominican Republic's remittances received is projected to reach $12.0B by 2025 based on trend extrapolation.
Dominican Republic's remittances received was approximately 11.96 billion ($12.0B) in 2025.
The remittances received of Dominican Republic in 2025 was $12.0B. This ranks 22nd in the world.
Cite this page
@misc{historysaid_dominican-republic_remittances,
title = {Dominican Republic Remittances Received},
url = {https://historysaid.com/dominican-republic/remittances/},
publisher = {HistorySaid},
year = {2026}
}