Account ownership at a financial institution or with a in Dominican Republic
Dominican Republic: Account ownership at a financial institution or with a was 70.0% 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 25+.
Analysis
Dominican Republic recorded 70.0% for account ownership at a financial institution or with a in 2024. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 21.4% on the previous year and up 16.1% over ten years.
Over the whole period, account ownership at a financial institution or with a in Dominican Republic peaked at 70.0% in 2024 and was at its lowest, 41.5%, in 2011.
That places Dominican Republic 70th 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 25+ | Change |
|---|---|---|
| 2011 | 41.5% | — |
| 2014 | 60.3% | +45.2% |
| 2017 | 62.4% | +3.4% |
| 2021 | 57.7% | -7.5% |
| 2024 | 70.0% | +21.4% |
Dominican Republic compared with similar countries
- Dominican Republic's 70.0% is below the median for upper middle income countries, which is 72.0%, 97% of the median. (37 countries reporting)
- Dominican Republic's 70.0% is above the median for Latin America & Caribbean, which is 65.8%, 1.1× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 54.7% | 41.5% | 62.4% | 3 |
| 2020s | 63.8% | 57.7% | 70.0% | 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 70.0% 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 70.0% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Dominican Republic?
- The lowest recorded value was 41.5% in 2011.
- How does Dominican Republic rank for account ownership at a financial institution or with a?
- Dominican Republic ranks 70th 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 16.1%. 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, older adults (% of population ages 25+). 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 (older adults, % of population ages 25+).