1945

The economic recovery was consolidated in 2005 and GDP growth surpassed all expectations, at 9.2%. The number of employed was up by 2.1% and real minimum wages climbed significantly. Inflation dropped from 28.7% to 7.4% and the public-sector deficit narrowed to 3.3% of GDP. These trends have strengthened in 2006 and an annual growth rate of 8% is projected.

Related Subject(s): Economic and Social Development
Countries: Dominican Republic
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