Moody’s Ratings raises the credit rating of the Dominican Republic from “Ba3+” to “Ba2” with a stable outlook.

DOMINICAN REPUBLIC - In Brief 01 Aug 2025 by Magdalena Lizardo
According to a statement released by the Ministry of Finance and Economy, Moody’s considers that “high political stability—especially in comparison with other Ba-rated countries and regional peers—helps the Dominican Republic attract consistently high levels of foreign direct investment, increased tourism income, and a steady flow of remittances from abroad. These factors support the country’s foreign exchange reserves, which remain at historically high levels, strengthening its external position and limiting its vulnerability to event risks.” Other favorable factors cited include improvements in public administration, enhanced fiscal planning capacity, prudent debt management, and political and social cohesion—markedly different from the high levels of polarization observed in other countries in the region. The Ministry of Finance and Economy noted that this is the first upgrade in the Dominican Republic’s sovereign credit rating by Moody’s since June 2017. In 2023, the outlook was revised from stable to positive, when the rating agency acknowledged the country’s proactive debt management and institutional progress.

Now read on...

Register to sample a report

Register
Sign-in
Forgot your password?
Copyright 2025 GlobalSource Partners. All rights reserved. This is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this or its contents.