Current account balance (credit less debit), Net (credits less) in Dominican Republic
Dominican Republic: Current account balance (credit less debit), Net (credits less) 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) 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% |
Dominican Republic compared with similar countries
- Dominican Republic's -4.17 billion is below the median for upper middle income countries, which is -494.28 million, 8.4× the median. (54 countries reporting)
- Dominican Republic's -4.17 billion is below the median for Latin America & Caribbean, which is -169.22 million, 24.6× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Net (credits less) 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 |
|---|---|---|---|
| 2018 | -892.9% | -133.10 million | -1.32 billion |
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
- 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 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.