Bank credit to bank deposits in Dominican Republic
Dominican Republic: Bank credit to bank deposits was 91.1% in 2021. ▲ Rising
Bank credit to bank deposits in Dominican Republic, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Dominican Republic recorded 91.1% for bank credit to bank deposits in 2021.
Compared with earlier readings it is down 4.3% on the previous year and down 14.2% over ten years.
Over the whole period, bank credit to bank deposits in Dominican Republic peaked at 179.0% in 2001 and was at its lowest, 45.5%, in 1961.
Dominican Republic ranks 59th of 186 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 62 years of available data.
Bank credit to bank deposits in Dominican Republic, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 48.7% | — |
| 1961 | 45.5% | -6.6% |
| 1962 | 73.7% | +62.1% |
| 1963 | 71.5% | -3.0% |
| 1964 | 90.0% | +25.8% |
| 1965 | 56.7% | -37.0% |
| 1966 | 71.6% | +26.2% |
| 1967 | 77.3% | +8.0% |
| 1968 | 83.7% | +8.3% |
| 1969 | 93.7% | +12.0% |
| 1970 | 87.8% | -6.3% |
| 1971 | 126.4% | +44.0% |
| 1972 | 118.0% | -6.7% |
| 1973 | 112.5% | -4.6% |
| 1974 | 111.8% | -0.6% |
| 1975 | 109.9% | -1.7% |
| 1976 | 126.1% | +14.7% |
| 1977 | 122.7% | -2.7% |
| 1978 | 133.3% | +8.6% |
| 1979 | 141.1% | +5.9% |
| 1980 | 149.1% | +5.6% |
| 1981 | 143.6% | -3.7% |
| 1982 | 158.2% | +10.2% |
| 1983 | 149.7% | -5.3% |
| 1984 | 140.7% | -6.1% |
| 1985 | 141.2% | +0.4% |
| 1986 | 115.3% | -18.3% |
| 1987 | 132.2% | +14.7% |
| 1988 | 117.5% | -11.2% |
| 1989 | 133.4% | +13.5% |
| 1990 | 122.0% | -8.5% |
| 1991 | 104.7% | -14.2% |
| 1992 | 107.3% | +2.5% |
| 1993 | 102.5% | -4.5% |
| 1994 | 106.1% | +3.5% |
| 1995 | 106.0% | -0.1% |
| 1996 | 106.9% | +0.8% |
| 1997 | 107.5% | +0.6% |
| 1998 | 107.4% | -0.1% |
| 1999 | 113.0% | +5.2% |
| 2000 | 113.7% | +0.6% |
| 2001 | 179.0% | +57.5% |
| 2002 | 177.8% | -0.7% |
| 2003 | 131.7% | -25.9% |
| 2004 | 110.3% | -16.3% |
| 2005 | 101.4% | -8.0% |
| 2006 | 96.1% | -5.3% |
| 2007 | 99.9% | +4.0% |
| 2008 | 110.9% | +11.0% |
| 2009 | 104.7% | -5.6% |
| 2010 | 107.9% | +3.1% |
| 2011 | 106.3% | -1.5% |
| 2012 | 101.9% | -4.1% |
| 2013 | 102.6% | +0.7% |
| 2014 | 116.7% | +13.7% |
| 2015 | 115.7% | -0.8% |
| 2016 | 118.1% | +2.0% |
| 2017 | 118.4% | +0.3% |
| 2018 | 121.0% | +2.2% |
| 2019 | 116.5% | -3.8% |
| 2020 | 95.3% | -18.2% |
| 2021 | 91.1% | -4.3% |
Dominican Republic compared with similar countries
- Dominican Republic's 91.1% is above the median for upper middle income countries, which is 79.3%, 1.1× the median. (55 countries reporting)
- Dominican Republic's 91.1% is above the median for Latin America & Caribbean, which is 76.2%, 1.2× the median. (33 countries reporting)
Biggest year-on-year movements
Years where Bank credit to bank deposits in Dominican Republic changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1962 | +62.1% | 45.5% | 73.7% |
| 2001 | +57.5% | 113.7% | 179.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 71.2% | 45.5% | 93.7% | 10 |
| 1970s | 118.9% | 87.8% | 141.1% | 10 |
| 1980s | 138.1% | 115.3% | 158.2% | 10 |
| 1990s | 108.3% | 102.5% | 122.0% | 10 |
| 2000s | 122.6% | 96.1% | 179.0% | 10 |
| 2010s | 112.5% | 101.9% | 121.0% | 10 |
| 2020s | 93.2% | 91.1% | 95.3% | 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 bank credit to bank deposits in Dominican Republic?
- Bank credit to bank deposits in Dominican Republic was 91.1% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest bank credit to bank deposits recorded in Dominican Republic?
- The highest recorded value was 179.0% in 2001.
- What is the lowest bank credit to bank deposits recorded in Dominican Republic?
- The lowest recorded value was 45.5% in 1961.
- How does Dominican Republic rank for bank credit to bank deposits?
- Dominican Republic ranks 59th out of 186 countries with data for 2021.
- Is bank credit to bank deposits rising or falling in Dominican Republic?
- Over the last ten years it is down 14.2%. The long-run trend across the full record is rising.
- Where does this Dominican Republic data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Bank credit to bank deposits (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); bank deposits (IFS lines 24 and 25).