Domestic credit to private sector by banks in Dominica
Dominica: Domestic credit to private sector by banks was 38.1% in 2025. ▲ Rising
Domestic credit to private sector by banks in Dominica, 1977–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Dominica recorded 38.1% for domestic credit to private sector by banks in 2025.
The figure is down 3.3% on the previous year and down 19.9% over ten years.
Over the whole period, domestic credit to private sector by banks in Dominica peaked at 55.2% in 2012 and was at its lowest, 20.9%, in 1977.
Dominica ranks 93rd of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 49 years of available data.
Domestic credit to private sector by banks in Dominica, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 20.9% | — |
| 1978 | 22.2% | +6.4% |
| 1979 | 24.7% | +11.4% |
| 1980 | 25.3% | +2.3% |
| 1981 | 27.3% | +7.8% |
| 1982 | 27.9% | +2.3% |
| 1983 | 29.7% | +6.3% |
| 1984 | 27.6% | -7.0% |
| 1985 | 27.6% | +0.0% |
| 1986 | 23.6% | -14.4% |
| 1987 | 22.8% | -3.3% |
| 1988 | 27.9% | +22.1% |
| 1989 | 34.3% | +23.1% |
| 1990 | 38.8% | +13.2% |
| 1991 | 39.5% | +1.8% |
| 1992 | 41.8% | +5.7% |
| 1993 | 43.7% | +4.6% |
| 1994 | 43.8% | +0.2% |
| 1995 | 46.5% | +6.2% |
| 1996 | 45.4% | -2.3% |
| 1997 | 47.2% | +4.0% |
| 1998 | 47.1% | -0.3% |
| 1999 | 46.9% | -0.5% |
| 2000 | 50.4% | +7.6% |
| 2001 | 43.1% | -14.5% |
| 2002 | 42.8% | -0.8% |
| 2003 | 41.7% | -2.4% |
| 2004 | 42.1% | +0.8% |
| 2005 | 45.2% | +7.5% |
| 2006 | 47.2% | +4.4% |
| 2007 | 46.5% | -1.4% |
| 2008 | 46.7% | +0.4% |
| 2009 | 46.4% | -0.7% |
| 2010 | 50.4% | +8.7% |
| 2011 | 52.4% | +3.8% |
| 2012 | 55.2% | +5.4% |
| 2013 | 52.7% | -4.6% |
| 2014 | 48.8% | -7.3% |
| 2015 | 47.6% | -2.5% |
| 2016 | 44.2% | -7.2% |
| 2017 | 47.2% | +7.0% |
| 2018 | 41.7% | -11.8% |
| 2019 | 38.4% | -7.9% |
| 2020 | 50.8% | +32.3% |
| 2021 | 49.4% | -2.7% |
| 2022 | 45.8% | -7.2% |
| 2023 | 41.8% | -8.9% |
| 2024 | 39.4% | -5.7% |
| 2025 | 38.1% | -3.3% |
Dominica compared with similar countries
- Dominica's 38.1% is below the median for upper middle income countries, which is 39.8%, 96% of the median. (55 countries reporting)
- Dominica's 38.1% is below the median for Latin America & Caribbean, which is 42.9%, 89% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.6% | 20.9% | 24.7% | 3 |
| 1980s | 27.4% | 22.8% | 34.3% | 10 |
| 1990s | 44.1% | 38.8% | 47.2% | 10 |
| 2000s | 45.2% | 41.7% | 50.4% | 10 |
| 2010s | 47.8% | 38.4% | 55.2% | 10 |
| 2020s | 44.2% | 38.1% | 50.8% | 6 |
Countries ranked near Dominica
- 90 Peru 39.6% compare
- 91 Brunei Darussalam 39.1% compare
- 92 Timor-Leste 39.0% compare
- 94 Burundi 37.9% compare
- 95 Antigua and Barbuda 37.4% compare
- 96 Türkiye 36.9% compare
More financial sector data for Dominica
- 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 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.188 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 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.1373 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 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.188 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector by banks in Dominica?
- Domestic credit to private sector by banks in Dominica was 38.1% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Dominica?
- The highest recorded value was 55.2% in 2012.
- What is the lowest domestic credit to private sector by banks recorded in Dominica?
- The lowest recorded value was 20.9% in 1977.
- How does Dominica rank for domestic credit to private sector by banks?
- Dominica ranks 93rd out of 187 countries with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Dominica?
- Over the last ten years it is down 19.9%. The long-run trend across the full record is rising.
- Where does this Dominica data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.