How have remittances from Dominicans abroad supported the Dominican Republic’s economy?

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Remittances from Dominicans living abroad serve as a vital component of the Dominican Republic’s mixed economy.1

Since the mid-1960s, a significant portion of the population has emigrated, primarily to the United States, to improve their economic circumstances. This outward flow of people has supported the domestic economy in two primary ways:2

  • Resource Relief: Emigration has helped alleviate the strain on local resources, including housing, water supplies, and food production.2
  • Income Support: Remittances, consisting of both cash and consumer goods, have significantly boosted the incomes of many families within the country.2

While the nation has experienced economic growth through diversification into sectors like tourism, manufacturing, and telecommunications, remittances remain an important pillar alongside traditional agricultural production.1