Posted 4/12/2024, 1:41:00 PM
Remittances to Dominican Republic Forecast to Grow Over 6% to $11.5 Billion in 2024
- Inbound remittance market to Dominican Republic projected to reach $11.53 billion in 2024, 6.4% increase from 2023
- Outbound remittance market from Dominican Republic expected to hit $1.07 billion in 2024, 5.5% growth
- Digital channels significantly used for remittances, providing opportunities
- Analysis examines sender and receiver demographics like age, income, motivations
- Report highlights key countries sending/receiving remittances to/from Dominican Republic