Mining leads Dominican economy with 9.7% growth through May

Santo Domingo.- Mining was the fastest-growing productive sector in the Dominican Republic during the first five months of 2026, expanding by 9.7%, according to Central Bank data cited by Energy and Mines Minister Joel Santos. The sector’s strong performance helped support the country’s overall economic growth of 4.2% despite global market uncertainty driven by geopolitical tensions.

Santos noted that mining activity grew 6.4% year-over-year in May, making it the country’s second-best-performing sector after construction. The increase was fueled by higher production of gold, silver, and construction materials, reinforcing mining’s role as a key contributor to exports, foreign exchange earnings, and government revenue.

The minister also highlighted the industry’s ability to generate well-paying jobs and maintain stable performance during periods of international economic volatility. In 2025, mining exports surpassed US$2.5 billion, led by gold production, while the sector contributed approximately RD$45 billion in tax revenues, strengthening the country’s public finances.