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The Dominican Republic is the country with the region's highest receipts as a percentage of GDP, according to a Latin Business Chronicle analysis of new data from the World Tourism Organization (WTO) and the International Monetary Fund (IMF). Its tourism receipts of $4.0 billion were the equivalent of 11. 1 percent of its GDP last year, according to a Latin Business Chronicle analysis of receipt data from the WTO and GDP data from the IMF. Venezuela had the lowest share - only 0.3 percent of its GDP came from tourism receipts.

All in all, Latin America received a record total of 68.6 million international arrivals last year, an increase of 2.9 percent from 2006. That was lower than the world average of 6.6 percent and the growth seen in all other regions.

Panama continues to be the fastest-growing tourism market in Latin America, but Uruguay is the winner when it comes to growth in receipts. Cuba is the big loser when it comes to receipts and Guatemala when it comes to visitors.

The Dominican Republic is the fourth-largest tourism market in Latin America, measured by both visitors and receipts. The top three markets are Mexico, Brazil and Argentina, according to Latin Business Chronicle.

The Dominican Republic boosted visitors by 0.4 percent to 4.0 million last year, while receipts grew by 2.8 percent to $4.0 billion. In the first quarter, arrivals grew by 6.8 percent. "The Dominican Republic continues to prosper and the interest of 'big players' in investing in the country is extending the range of markets on which it can draw," the WTO says.

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39 comment(s)
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Written by: gouletcolonial, 17 Jul 2008 10:59 AM
From: United States Virgin Islands, St Thomas Mahogany Run
Now we are going to get the lecture de riguer on GDP from professor dread the socialist economic expert....no matter it is a lot of money....many many maids and gardeners he will say ...inevitably
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Written by: dreadlocks, 17 Jul 2008 11:16 AM
From: United States
my postings on economics are lost on you, goulet.it is like throwing pearls before swine. too rich for your brain. stick to romper room, GC. these numbers sound sweet, but nobody bothered to tell us the retention rate: how much of each dollar actually stays here, as opposed to how much is repatriated to the countries of the owners of the tourist assets. that is the figure that matters!
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Written by: gouletcolonial, 17 Jul 2008 11:18 AM
From: United States Virgin Islands, St Thomas Mahogany Run
Like a clock....and he is correct twice a day....this is not one of them
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Written by: gouletcolonial, 17 Jul 2008 11:19 AM
From: United States Virgin Islands, St Thomas Mahogany Run
more bad news exploitation by the land owners and oligarchs etc etc
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Written by: dreadlocks, 17 Jul 2008 11:39 AM
From: United States
more non sequiturs from Goulet. now that is predictable.
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Written by: gouletcolonial, 17 Jul 2008 11:43 AM
From: United States Virgin Islands, St Thomas Mahogany Run
We are waiting for the party line comrade....have you changed your tune ? are you abandoning the downtrodden ?
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Written by: dreadlocks, 17 Jul 2008 11:55 AM
From: United States
which downtrodden do you reference, Goulet? the economically downtrodden? i will always root for them. intellectually downtrodden, such as yourself , are not my problem.
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Written by: anthonyC, 17 Jul 2008 12:04 PM
From: United States
"economically downtrodden?"

Who exactly are these people?
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Written by: gouletcolonial, 17 Jul 2008 12:05 PM
From: United States Virgin Islands, St Thomas Mahogany Run
Anyone he hitches his soapbox to
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Written by: dreadlocks, 17 Jul 2008 12:06 PM
From: United States
well, well, we have anthonyc asking the question for the ages. let me give a short reply and see what rejoinders might follow. anthonyc, let us use the people who live on less than 2 dollars per day as a starting point. over to you.
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Written by: gouletcolonial, 17 Jul 2008 12:10 PM
From: United States Virgin Islands, St Thomas Mahogany Run
Dread I must agree ...how is it done ...living on these pittances is a miracle
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Written by: dreadlocks, 17 Jul 2008 12:18 PM
From: United States
Goulet, why did you go and ruin this thing? i was waiting with bated breath for anthonyc, alias George Boreus, to give one more of his pearls of insight. maybe some traffic enforcer alerted him to the fact that his spaceship is parked in a tow-away zone!
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Written by: anthonyC, 17 Jul 2008 12:18 PM
From: United States
"let us use the people who live on less than 2 dollars per day as a starting point. over to you."

But why do they live that way?

Is it because "the Man" is keeping them there in some kind of evil plan (The Belail Theory)?
Or
Is it because they have been told or their lives that they have no chance of moving up in the world so they just accept it(The Jesse Jackson Theory)?
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Written by: gouletcolonial, 17 Jul 2008 12:21 PM
From: United States Virgin Islands, St Thomas Mahogany Run
Tonyc you are out there where the buses are not running now....what does" Jesse the Extortionist" have to do with Dominicans
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Written by: arcatype This user is banned, 17 Jul 2008 12:26 PM
From: Dominican Republic
Where's Belial?????
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Written by: dreadlocks, 17 Jul 2008 12:27 PM
From: United States
anthonyc, the more i read your rabid ideas, the more i conclude that there is no limit to human stupidity. you really believe that people live in certain conditions because of what others tell them? does the word unemployment mean anything to you? how about social institutions? do you think everybody has the acumen to go to college? ( you are a prime case study for that question). do you think that the people who clean toilets for the wealthy in india, for example, have a means by which they can effect a mass exodus to Wall Street? a few exceptional people manage to skirt around the obstacles and succeed: not everyone can. it is like the NBA; it is never going to be a league in which players 5 feet 6 inches preponderate, despite the success of Muggsy Bogues. i really have nothing but disdain for the conceit of people who managed to make a few dollars , then hold that every one else can. why don't you tell that to someone who could not go to school because they were not registered a
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Written by: dreadlocks, 17 Jul 2008 12:29 PM
From: United States
at birth? this asinine postulate of people such as yourself, that people's failings to achieve greatness are solely of their own making is the greatest rubbish known to mankind. why did i know that you would expouse such a rancid idea?
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Written by: gouletcolonial, 17 Jul 2008 12:33 PM
From: United States Virgin Islands, St Thomas Mahogany Run
kick the soapbox out from under him...hurry
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Written by: gouletcolonial, 17 Jul 2008 12:34 PM
From: United States Virgin Islands, St Thomas Mahogany Run
Archie belial is sleazing around somewhere else
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Written by: dreadlocks, 17 Jul 2008 12:40 PM
From: United States
Goulet, you are only cheesed off because you are shorter than Muggsy Bogues!
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Written by: dreadlocks, 17 Jul 2008 12:43 PM
From: United States
and, Goulet, might i add "in all departments" therein lies the source of your rage!
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Written by: gouletcolonial, 17 Jul 2008 12:49 PM
From: United States Virgin Islands, St Thomas Mahogany Run
Dont talk to me of rage o psychotic one
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Written by: Escott, 17 Jul 2008 1:22 PM
From: Dominican Republic, Sosua/Cabrera
Take your crap to the bano and don't pollute this place.

The DR won the race this year. It was the race of 3 legged horse riding faster than the 2 legged horses. Imagine only if the government here wasn't trying to screw the world just think where this country of immorals would be on the food chain:)
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Written by: anthonyC, 17 Jul 2008 1:51 PM
From: United States
Dreadlocks.

Whats the matter? The Welfare check late?

I have no problem helping those who truly need help. I do have a problem with those who think that they should just sit back and wait for the Government to rescue them.

For every Dominican who truly has had life hand them a Sh*t Sandwhich there are 2 or 3 who are able-bodied but yet sit around waiting for the latest political/Gov patronage.

You bring up the NBA. That is the mentality today. Too many people believe they are entittled to greatness and riches.

I asked for a definition of "economically downtroden". A simple question that you have turned into a platform to spew your jealous hatred. I guess for you the downtroden are just those who are poor for whatever reason.
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Written by: MitaR, 17 Jul 2008 3:21 PM
From: Dominican Republic
Written by: gouletcolonial, 17 Jul 2008 10:55 AM
From: Canada
Cuba is a big loser ....bad cheeseball all inclusives catering to all you can eat drink and puke losers like Belial.
The economy is not growing when you come to all inclusive hotel, Cuba have a big potential with the Tourism. If you lay in this number Dominican is going backwards, because the little bourgeoisie not have any opportunity to grow. Silly monkey
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Written by: gouletcolonial, 17 Jul 2008 3:38 PM
From: United States Virgin Islands, St Thomas Mahogany Run
MitaR ...I see the the acid has started to kick in....have a happy trip
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Written by: arcatype This user is banned, 18 Jul 2008 12:12 AM
From: Dominican Republic
Mita R What wealth does Cuba have????? tell me where theirs any rich folks in Cuba. When Fidel Castro took over the island of Cuba, the first thing that happened was all the wealthy people left for Miami. And even Miami's wealth really comes from venezuelan oil honchos of the past. http://www.cbsnews.com/stories/20....3/ap/business/mainD8NKTEHG0.shtml
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Written by: gouletcolonial, 18 Jul 2008 7:15 AM
From: United States Virgin Islands, St Thomas Mahogany Run
Archie The wealthy from every country in Latin America have homes in South Florida....They enjoy living in South Florida because it is so close to the United States....But it is only the Cubans who cant go home
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Written by: anthonyC, 18 Jul 2008 8:57 AM
From: United States
"And even Miami's wealth really comes from venezuelan oil honchos of the past"

You have no clue do you?

The Venezuelans in Miami are treated like the Nuveau Riche they are.
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Written by: dreadlocks, 18 Jul 2008 10:29 AM
From: United States
well, well, anthony ¨everyone knows Trinidad has no oil¨c chirps up again with some of his gems. Welfare check late? that is pretty clever, coming from the guy who said that a crisis cannot be self inflicted. anthonyc, if you had a smidgeon of education and intellectual firepower, we could turn this into a debate. as it stands, there is no point in me trying to explain to you the concept of acumen, but i will try, knowing all the while that it will go over your head. at every level of the human existence, there is a thin veneer of exceptional people, a small group of mediocre people, and a preponderant amount of the population are survivalists. this shows itself to be true in every phase of life. a small group can run the 100 meters dash in under 10 seconds, a small group in up to 14 seconds, and the rest can barely make it to the finish. that is how life is. some guys can become rich, because they have gifts others do not. some can find a job with a steady paycheck. others do not
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Written by: dreadlocks, 18 Jul 2008 10:33 AM
From: United States
have the basic life skills to do any of the aforementioned. those are the people who constitute the downtrodden of whom i speak. you know, the people in the far east who make a pittance making sneakers for Nike. economic genii such as yourself will counter with the idiocy that 2 dollars per day is better than no dollars per day, a perverse justification for exploitation. you will also say that if they do not like the 2 dollars, why not just go to Harvard and become a biophysicist instead. aint that simple, anthonyc. if it were, how come you never got an education?
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Written by: anthonyC, 18 Jul 2008 11:23 AM
From: United States
"you will also say that if they do not like the 2 dollars, why not just go to Harvard and become a biophysicist instead. aint that simple, anthonyc. if it were, how come you never got an education?"

Your ridiculous example not withstanding it is that simple.
There are jobs out there in the DR. No they won't pay you enough to buy a SUV in the first month but there are jobs.
Can't find a job? Start your own.

Like i said. If you truly need help fine. I will help. But if you won't take a job because it is beneath you...........Too Bad.
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Written by: dreadlocks, 18 Jul 2008 11:47 AM
From: United States
you really have an inflated idea of your importance, anthonyc. what makes you think i need a job? better yet, what makes you think i need one from you? you have not yet answered my arguments with anything that makes sense. you explain to me how someone who earns 2500 pesos every month is not economically downtrodden? better yet, explain to me how you would live on that? if you are Dominican, i am almost certain that you either come from very humble circumstances, or have family members who do. but you probably have improved your economic conditions, and so hold yourself out as the beacon of example. people are in dire straits because they are lazy, you postulate. we can all be another George Scrotus, like you. everybody has the same talent and ability, it is just that some are irredeemably lazy and useless, while the better folks, such as yourself, are achievers. it is not that easy. some guys will never rise above driving a taxicab to be Dale Earnhardt. they just do not have the tools
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Written by: dreadlocks, 18 Jul 2008 11:50 AM
From: United States
similarly, not everyone has the skillset and instincts to be rich. they are in circumstances which preclude going to institutions of further learning ( oh, i forgot that by your calculus, that does not count, because it might be self inflicted). one day, when you grow up and get over yourself, you will understand that we will all never be Manny Ramirez, not because we do not want to, but because we do not have the tools!
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Written by: dreadlocks, 18 Jul 2008 12:05 PM
From: United States
furthermore, anthonyc, and fellow travellers of yours, there is, in the human condition, the concept of HOPE, as it regard human enterprise. i have spent many hours poring over the subject with anthropology professors, and the resulting conclusions are the same in all cases. people work harder when they can see results from their labor. everyone likes to say that Dominicans are lazy relative to Haitians. well, i have it on good authority that Haitians in Haiti are not the hardest workers, either. they work hard in the DR because the meagre pittances they receive in the DR are greater than anything they could expect in their homeland. similarly, immigrants to the USA, from whatever country, exert far greater effort there than in their homelands, because they see hope of worthwhile returns. some Mexican fruitpicker in california and texas will break his ass for 5 dollars per hour; he will not do it for 50 cents per hour in Juarez! at that price point, the opportunity cost of l
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Written by: dreadlocks, 18 Jul 2008 12:06 PM
From: United States
leisure exceeds the gains from work. so he will prop himself up against a tree in a salubrious area and enjoy the zephyrs!!
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Written by: arcatype This user is banned, 18 Jul 2008 12:12 PM
From: Dominican Republic
G.C. you are correct!
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Written by: gouletcolonial, 19 Jul 2008 8:25 AM
From: United States Virgin Islands, St Thomas Mahogany Run
Dread keep in mind there are things you know, and there are things you don't know. And then there are things that you don't even know you don't know. That is where I come in as The Benevolent Explainer. I also use the wealth of experience to explain things clearly without the burden of knowledge..... is it now becoming clear to you Grasshopper ?
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Written by: dreadlocks, 19 Jul 2008 10:19 AM
From: United States
i thought that i was the Benevolent Explainer, Goulet.
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