Current account balance (credit less debit), Net (credits less debits) in Dominican Republic
Dominican Republic: Current account balance (credit less debit), Net (credits less debits) was -4.17 billion in 2024. ◆ Volatile
Current account balance (credit less debit), Net (credits less debits) in Dominican Republic, 2005–2024
Source: International Monetary Fund.
Analysis
In 2024, current account balance (credit less debit), net (credits less debits) in Dominican Republic stood at -4.17 billion.
That represents a change of up 5.7% on the previous year and down 92.0% over ten years.
Over the whole period, current account balance (credit less debit), net (credits less debits) in Dominican Republic peaked at -133.10 million in 2017 and was at its lowest, -6.55 billion, in 2022.
That places Dominican Republic 172nd out of 198 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Net (credits less debits) in Dominican Republic, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -472.91 million | — |
| 2006 | -1.29 billion | +172.2% |
| 2007 | -2.17 billion | +68.3% |
| 2008 | -4.52 billion | +108.6% |
| 2009 | -2.30 billion | -49.0% |
| 2010 | -4.02 billion | +74.7% |
| 2011 | -4.36 billion | +8.3% |
| 2012 | -3.97 billion | -8.9% |
| 2013 | -2.57 billion | -35.3% |
| 2014 | -2.17 billion | -15.5% |
| 2015 | -1.28 billion | -41.0% |
| 2016 | -814.70 million | -36.4% |
| 2017 | -133.10 million | -83.7% |
| 2018 | -1.32 billion | +892.9% |
| 2019 | -1.19 billion | -10.1% |
| 2020 | -1.33 billion | +11.9% |
| 2021 | -2.69 billion | +102.0% |
| 2022 | -6.55 billion | +143.9% |
| 2023 | -4.42 billion | -32.5% |
| 2024 | -4.17 billion | -5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -2.15 billion | -4.52 billion | -472.91 million | 5 |
| 2010s | -2.18 billion | -4.36 billion | -133.10 million | 10 |
| 2020s | -3.83 billion | -6.55 billion | -1.33 billion | 5 |
Countries ranked near Dominican Republic
More financial sector data for Dominican Republic
- Net domestic credit (current LCU), per capita 331,594 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 29.98 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 6.08 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 640,346 SDR (2025)
- Gold reserves at market value 58.35 million SDR (2025)
- Reserves excluding gold, foreign exchange 10.64 billion SDR (2025)
- Reserves excluding gold 10.73 billion SDR (2025)
- Total reserves (gold at market value) 10.79 billion SDR (2025)
- Total reserves (gold at national valuation) 10.79 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 936.73 SDR per person (2025)
Frequently asked questions
- What is current account balance (credit less debit), net (credits less debits) in Dominican Republic?
- Current account balance (credit less debit), net (credits less debits) in Dominican Republic was -4.17 billion in 2024, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), net (credits less debits) recorded in Dominican Republic?
- The highest recorded value was -133.10 million in 2017.
- What is the lowest current account balance (credit less debit), net (credits less debits) recorded in Dominican Republic?
- The lowest recorded value was -6.55 billion in 2022.
- How does Dominican Republic rank for current account balance (credit less debit), net (credits less debits)?
- Dominican Republic ranks 172nd out of 198 countries with data for 2024.
- Is current account balance (credit less debit), net (credits less debits) rising or falling in Dominican Republic?
- Over the last ten years it is down 92.0%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from International Monetary Fund, published as part of Current account balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.