The Dominican Republic [DR] is a case in point.
The DR boasts both a population of 10.7 million people with a per capita GDP of approximately $6,766 (2016). 
The following is a brief for companies in or considering entry into the market of the Dominican Republic, and the need for a reliable Spanish translator for your business materials for greater success.
Facts Capsule: The Dominican Republic
The economy of the Dominican Republic continues notching an impressive 6.1% growth rate in 2018 T1. The DR actually has led the Latin American and Caribbean region for growth in the last 25 years, according to the World Bank. 
In the Economic Freedom Index, the Dominican Republic’s overall score dipped by 1.3 points, over concerns about the government and trade freedom. 
Mining and strong growth in such service-based sectors as
tourism and finance have bolstered an economy once mainly considered as export-driven for commodities like sugar, coffee, and tobacco. 
This diversity has stimulated the island to become the Caribbean’s most vibrant economy in recent years.
A higher GDP has also contributed to less widespread poverty, falling from 32 percent in 2015 to 30 percent in 2016, according to government data. 
The Dominican Republic and Florida
The Sunshine State and the enchanting Caribbean country that shares Hispaniola with Haiti share close economic and cultural links.
On August 5, 2004, the United States signed the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR) liberalizing trade. In 2007, the treaty went into force in the DR.
The U.S. goods and services trade surplus with the Dominican Republic was $298 million in 2016. 
The Dominican Republic was the United States’ 43rd largest supplier of goods imports in 2016. 
With a strategic geographic location, the Dominican Republic provides easy trade access and currently figures as Florida’s 7th trading partner. 
Is your company considering or currently involved in international business in the DR?
Professor Winn is Your Spanish Translator
If you are already engaged in the Dominican market or considering trading, make sure to have a dedicated Spanish translator at your side.
Partner with Professor Winn at atranslationace.com today for your business, legal, defense, and individual translation needs.
From economic reports to local business intelligence drawn from Internet research from Dominican resources, your Spanish translator provides your business a competitive advantage in the global economy.
Work 1-on-1 with your personal translator – Professor Winn – for a confident, hands-on partner to help facilitate your business growth in the tango country.
Let Professor Winn deliver your prompt, precise, and professional Spanish to English translations today.
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