The Dominican Republic’s beer industry has made a significant contribution to the country’s economy, generating over 92,483 million pesos in 2022 and creating over 50,000 jobs. A recent study by consulting firm DASA highlights this impact, emphasizing that the industry has a direct impact on the economy and serves as a key multiplier for productive chains.
For every direct job in the industry, 16 additional jobs are created due to the acquisition of local goods and services. The report also notes that the sector pays out 13,748 million pesos in salaries annually to employees and contributes significantly to the government’s tax revenue, with an estimated total of 44,000 million pesos in 2022.
The beer industry has a ripple effect on various productive sectors, including cardboard and paper manufacturing, glass bottling, packaging materials, energy and fuels, entertainment and advertising, transportation and logistics, and machinery and equipment maintenance services. It also boosts sales in retail stores, with grocery stores reporting between 28-33% of their sales coming from beer sales.
Looking ahead to the future of the Dominican Republic’s economy, the report predicts growth of 5.4% by the end of 2024. This positive outlook creates favorable conditions for business development and growth. Overall, it is clear that the Dominican Republic’s beer industry plays a crucial role in driving economic growth and job creation.