Account ownership at a financial institution or with a in Dominican Republic
Dominican Republic: Account ownership at a financial institution or with a was 53.0% 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 15+.
Analysis
In 2024, account ownership at a financial institution or with a in Dominican Republic stood at 53.0%. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 36.2% on the previous year and up 28.2% over ten years.
Over the whole period, account ownership at a financial institution or with a in Dominican Republic peaked at 53.0% in 2024 and was at its lowest, 21.7%, in 2011.
Dominican Republic ranks 70th of 102 countries on this measure, 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 | 21.7% | — |
| 2014 | 41.3% | +90.3% |
| 2017 | 42.1% | +2.0% |
| 2021 | 38.9% | -7.7% |
| 2024 | 53.0% | +36.2% |
Dominican Republic compared with similar countries
- Dominican Republic's 53.0% is below the median for upper middle income countries, which is 64.0%, 83% of the median. (37 countries reporting)
- Dominican Republic's 53.0% is above the median for Latin America & Caribbean, which is 45.6%, 1.2× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 35.0% | 21.7% | 42.1% | 3 |
| 2020s | 45.9% | 38.9% | 53.0% | 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 53.0% 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 53.0% in 2024.
- What is the lowest account ownership at a financial institution or with a recorded in Dominican Republic?
- The lowest recorded value was 21.7% in 2011.
- How does Dominican Republic rank for account ownership at a financial institution or with a?
- Dominican Republic ranks 70th out of 102 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 28.2%. 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, poorest 40% (% 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 (poorest 40%, share of population ages 15+).