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Dominican Republic Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H2 2025)

Publisher GlobalData
Published Aug 28, 2025
Length 28 Pages
SKU # GBDT20413244

Description

Dominican Republic Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2029 (H2 2025)

Summary

GlobalData expects the construction industry in the Dominican Republic to decline by 1.2% in real terms in 2025, despite inflation slowing and material prices stabilizing following H1 2025 price appreciations. According to BCRD, the country’s economy grew by 2.4% year-on-year (YoY) in H1 2025, supported by the performance of key sectors such as agriculture, mining, local and free trade zone manufacturing, financial services, trade, and transportation. However, overall economic growth slowed from 2.7% YoY in Q1 2025 to 2% YoY in Q2 2025, reflective of global economic dynamics amid US levies. Similarly, construction activity declined by 2.3% YoY, influenced by external uncertainty and subdued capital spending. Despite these challenges, the country’s economy is expected to strengthen, supported by a DOP81 billion ($1.3 billion) liquidity provision program, announced in June 2025 by the central bank to boost credit and support key productive sectors like construction, manufacturing, agriculture, and Small and medium-sized enterprises (SMEs).

Longer term, construction output is expected to record an annual average growth rate of 4.1% between 2026 and 2029, supported by investments in commercial, industrial, transport, and housing infrastructure projects. As part of transport infrastructure developments, in June 2025, Punta Cana International Airport commenced expansion work on its Terminal B parking facilities to improve infrastructure and service quality. The project includes renovations, updated road signage, and temporary changes to vehicle access and passenger pickup points. Furthermore, as part of housing and commercial developments, in June 2025, Becca - a local real estate development firm - announced construction of “The Don Dom” project, a residential community in Dominicus-Bayahibe, Dominican Republic.

GlobalData’s Construction in Dominican Republic - Country Briefing (H2 2025) report provides detailed market analysis, information, and insights into Dominican Republic’s construction industry, including -
  • Dominican Republic’s construction industry's growth prospects by market, project type and construction activity
  • Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in Dominican Republic’s construction industry
  • Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline
Scope

This report provides a comprehensive analysis of the construction industry in Dominican Republic. It provides -
  • Historical (2020-2024) and forecast (2025-2029) valuations of the construction industry in Dominican Republic, featuring details of key growth drivers.
  • Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
  • Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
  • Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
  • Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
  • Assess market growth potential at a micro-level with over 600 time-series data forecasts
  • Understand the latest industry and market trends
  • Formulate and validate business strategies using GlobalData's critical and actionable insight
  • Assess business risks, including cost, regulatory and competitive pressures
  • Evaluate competitive risk and success factors

Table of Contents

28 Pages
1 Executive Summary
2 Construction Industry: At-a-Glance
3 Latest news and developments
4 Project analytics
5 Construction Market Data
6 Risk Profile
7 Appendix
7.1 Definitions
7.2 CRI Methodology
7.3 About GlobalData
8 Contact Us
List of Tables
Table 1: Construction Industry Key Data
Table 2: Dominican Republic, Top Construction Projects by Value
Table 3: Dominican Republic, Construction Output Value (Real, $ Million)
Table 4: Dominican Republic, Construction Output Value (Nominal, DOP Billion)
Table 5: GlobalData Construction Market Definitions
Table 6: Risk Dimensions
Table 7: Ratings, Scores and Definitions
List of Figures
Figure 1: Dominican Republic, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2020–29
Figure 2: Dominican Republic, Construction Output Value, by Sector (Real, $ Million), 2020–29
Figure 3: South and Central America, Construction Output (Real % Change), 2023–29
Figure 4: Dominican Republic, Construction Output by Sector (Real % Change), 2023–25 and 2026–29
Figure 5: Dominican Republic, Construction Value-add (% Change YoY, at Constant Prices)
Figure 6: Dominican Republic, Hotels, bars and restaurant services Value-add (% Change YoY, at Constant Prices)
Figure 7: Dominican Republic, Transport and storage services Value-add (% Change YoY, at Constant Prices)
Figure 8: Dominican Republic, Education sector's Value-add (% Change YoY, at Constant Prices)
Figure 9: Dominican Republic, Healthcare sector's Value-add (% Change YoY, at Constant Prices)
Figure 10: Dominican Republic, Real Estate and Rental Activities Value-add (at Constant Prices)
Figure 11: Dominican Republic, Producer Price Index (2013=100)
Figure 12: Dominican Republic, Index of Direct Costs of Home Construction (2010=100)
Figure 13: Dominican Republic, Licenses granted for construction in the private sector
Figure 14: Dominican Republic, Licenses granted for housing construction in the private sector
Figure 15: Dominican Republic, Production Volume of Cement (In Metric tons)
Figure 16: Dominican Republic, Total Loan to Construction Sector (DOP Million)
Figure 17: Dominican Republic, Employed Population in Construction by Formal and Informal Sector
Figure 18: Dominican Republic, Construction Projects Pipeline, Value by Stage ($ Million)
Figure 19: Dominican Republic, Risk Summary
Figure 20: Dominican Republic, Risk Regional Comparison

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