Deposit Rate, Percent per annum in Dominican Republic
Dominican Republic: Deposit Rate, Percent per annum was 9.77 in 2024. ▼ Falling
Deposit Rate, Percent per annum in Dominican Republic, 1991–2024
Source: International Monetary Fund.
Analysis
Dominican Republic recorded 9.77 for deposit rate, percent per annum in 2024.
That represents a change of up 6.6% on the previous year and up 52.7% over ten years.
Over the whole period, deposit rate, percent per annum in Dominican Republic peaked at 21.12 in 2004 and was at its lowest, 2.49, in 2021.
That places Dominican Republic 16th out of 143 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Deposit Rate, Percent per annum in Dominican Republic, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 20.02 | — |
| 1992 | 16.7 | -16.6% |
| 1993 | 14.04 | -15.9% |
| 1994 | 13.7 | -2.4% |
| 1995 | 14.94 | +9.1% |
| 1996 | 13.91 | -6.9% |
| 1997 | 13.4 | -3.7% |
| 1998 | 17.64 | +31.7% |
| 1999 | 16.07 | -8.9% |
| 2000 | 17.65 | +9.9% |
| 2001 | 15.61 | -11.6% |
| 2002 | 16.54 | +6.0% |
| 2003 | 20.5 | +23.9% |
| 2004 | 21.12 | +3.0% |
| 2005 | 13.82 | -34.5% |
| 2006 | 9.79 | -29.1% |
| 2007 | 6.93 | -29.2% |
| 2008 | 10.1 | +45.6% |
| 2009 | 7.63 | -24.4% |
| 2010 | 4.82 | -36.8% |
| 2011 | 7.55 | +56.7% |
| 2012 | 7.05 | -6.7% |
| 2013 | 5.59 | -20.8% |
| 2014 | 6.4 | +14.6% |
| 2015 | 6.43 | +0.5% |
| 2016 | 6.69 | +4.1% |
| 2017 | 6 | -10.3% |
| 2018 | 6.01 | +0.1% |
| 2019 | 6.12 | +1.9% |
| 2020 | 4.65 | -24.1% |
| 2021 | 2.49 | -46.5% |
| 2022 | 6.74 | +171.2% |
| 2023 | 9.16 | +35.9% |
| 2024 | 9.77 | +6.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.6 | 13.4 | 20.02 | 9 |
| 2000s | 13.97 | 6.93 | 21.12 | 10 |
| 2010s | 6.27 | 4.82 | 7.55 | 10 |
| 2020s | 6.56 | 2.49 | 9.77 | 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 deposit rate, percent per annum in Dominican Republic?
- Deposit rate, percent per annum in Dominican Republic was 9.77 in 2024, according to International Monetary Fund.
- What is the highest deposit rate, percent per annum recorded in Dominican Republic?
- The highest recorded value was 21.12 in 2004.
- What is the lowest deposit rate, percent per annum recorded in Dominican Republic?
- The lowest recorded value was 2.49 in 2021.
- How does Dominican Republic rank for deposit rate, percent per annum?
- Dominican Republic ranks 16th out of 143 countries with data for 2024.
- Is deposit rate, percent per annum rising or falling in Dominican Republic?
- Over the last ten years it is up 52.7%. The long-run trend across the full record is falling.
- Where does this Dominican Republic data come from?
- The figures come from International Monetary Fund, published as part of Deposit Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.