The Dominican Republic.

Services of the Dominican Republic

 in Dominican Republic in The economy Actions

Also known as: República Dominicana

Tourism, trade, finance, and government services account for half of the Dominican workforce and nearly half of the GDP. Service providers are among the nation’s more dynamic and rapidly growing businesses; however, the government bureaucracy, which is the largest component of the service sector, has long been criticized for inefficiency and cronyism. It has been estimated that between one-fifth and half of the urban workforce contributes to the informal sector of the economy, which is largely service-oriented, including domestic servants (who are found even in middle-class households), gardeners, day labourers, and street vendors.

https://bcc848f0e24154987d451f9224e78121.safeframe.googlesyndication.com/safeframe/1-0-40/html/container.html

Tourism

Tourism has become one of the Dominican Republic’s most important sources of foreign exchange, and since the mid-1980s the country has been one of the Caribbean’s more popular tourist destinations. The favourable climate, beautiful beaches, restored Spanish colonial architecture, and relatively low prices have drawn an increasing number of foreign visitors and encouraged the building or expansion of resorts and airports on the northern, eastern, and southern coasts. In addition, a significant number of visitors have availed themselves of the country’s liberal divorce code. The United States accounts for the majority of vacationers; smaller numbers come from Canada, Italy, and other European nations. The main tourist sites are La Romana, Puerto Plata, Punta Cana, and the colonial centre of Santo Domingo, which was designated a World Heritage site in 1990. The drawbacks associated with tourism, as in other Caribbean nations, have included the need to import high-priced luxury items, which affects the country’s balance of payments, and to produce large amounts of additional foodstuffs and potable water; in addition, greater quantities of trash and sewage have strained the country’s limited resources.