Exports of Services (BoP, USD) in Dominican Republic

Exports of services as a part of balance of payment reached 8.79 USD bil in 2017 in Dominican Republic, according to the National Statistical Office. This is 5.80 % more than in the previous year.

Historically, exports of services as a part of balance of payment in Dominican Republic reached an all time high of 8.79 USD bil in 2017 and an all time low of 0.036 USD bil in 1968. When compared to Dominican Republic's main peers, exports of services as a part of balance of payment in Jamaica amounted to 3.52 USD bil, 27.6 USD bil in Mexico and 798 USD bil in USA in 2017.

Dominican Republic has been ranked 62nd within the group of 156 countries we follow in terms of exports of services as a part of balance of payment, 6 places behind the position seen 10 years ago.

Services (previously non-factor services) refer to the economic output of intangible commodities that may be produced, transferred and consumed at the same time.

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