Account ownership at a financial institution or with a in Dominican Republic
Dominican Republic: Account ownership at a financial institution or with a was 61.4% in 2024. ▲ Rising
Account ownership at a financial institution or with a in Dominican Republic, 2011–2024
Source: Global Findex Database, World Bank (WB). Measured in % of population ages 15+.
Analysis
In 2024, account ownership at a financial institution or with a in Dominican Republic stood at 61.4%. That is the highest value across all 5 years on record.
That represents a change of up 25.5% on the previous year and up 9.8% over ten years.
Over the whole period, account ownership at a financial institution or with a in Dominican Republic peaked at 61.4% in 2024 and was at its lowest, 37.4%, in 2011.
That places Dominican Republic 69th out of 106 countries with data for 2024, putting it in the middle of the range.
Account ownership at a financial institution or with a in Dominican Republic, year by year
| Year | % of population ages 15+ | Change |
|---|---|---|
| 2011 | 37.4% | — |
| 2014 | 56.0% | +49.7% |
| 2017 | 54.1% | -3.2% |
| 2021 | 49.0% | -9.6% |
| 2024 | 61.4% | +25.5% |
Dominican Republic compared with similar countries
- Dominican Republic's 61.4% is below the median for upper middle income countries, which is 68.0%, 90% of the median. (37 countries reporting)
- Dominican Republic's 61.4% is above the median for Latin America & Caribbean, which is 58.1%, 1.1× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 49.2% | 37.4% | 56.0% | 3 |
| 2020s | 55.2% | 49.0% | 61.4% | 2 |
Countries ranked near Dominican Republic
More financial sector data for Dominican Republic
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0007 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 7.68 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0005 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 5.61 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0007 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 7.68 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is account ownership at a financial institution or with a in Dominican Republic?
- Account ownership at a financial institution or with a in Dominican Republic was 61.4% in 2024, according to Global Findex Database, World Bank (WB).
- What is the highest account ownership at a financial institution or with a recorded in Dominican Republic?
- The highest recorded value was 61.4% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Dominican Republic?
- The lowest recorded value was 37.4% in 2011.
- How does Dominican Republic rank for account ownership at a financial institution or with a?
- Dominican Republic ranks 69th out of 106 countries with data for 2024.
- Is account ownership at a financial institution or with a rising or falling in Dominican Republic?
- Over the last ten years it is up 9.8%. The long-run trend across the full record is rising.
- Where does this Dominican Republic data come from?
- The figures come from Global Findex Database, World Bank (WB), published as part of Account ownership at a financial institution or with a mobile-money-service provider, female (% of population ages 15+). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Account denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution or report personally using a mobile money service in the past 12 months (female, % age 15+).