Domestic credit to private sector by banks in Dominican Republic
Dominican Republic: Domestic credit to private sector by banks was 31.8% in 2025. ▲ Rising
Domestic credit to private sector by banks in Dominican Republic, 1960–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2025, domestic credit to private sector by banks in Dominican Republic stood at 31.8%.
That represents a change of up 2.9% on the previous year and up 27.6% over ten years.
Over the whole period, domestic credit to private sector by banks in Dominican Republic peaked at 32.4% in 2002 and was at its lowest, 4.8%, in 1961.
Dominican Republic ranks 110th of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 66 years of available data.
Domestic credit to private sector by banks in Dominican Republic, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 5.8% | — |
| 1961 | 4.8% | -17.1% |
| 1962 | 6.9% | +42.0% |
| 1963 | 6.3% | -7.8% |
| 1964 | 7.1% | +11.6% |
| 1965 | 7.7% | +8.6% |
| 1966 | 7.3% | -4.7% |
| 1967 | 7.6% | +3.4% |
| 1968 | 10.5% | +38.3% |
| 1969 | 12.3% | +17.7% |
| 1970 | 12.1% | -1.7% |
| 1971 | 21.0% | +73.1% |
| 1972 | 21.1% | +0.5% |
| 1973 | 23.0% | +9.0% |
| 1974 | 26.8% | +16.6% |
| 1975 | 26.2% | -2.1% |
| 1976 | 28.4% | +8.2% |
| 1977 | 28.1% | -1.0% |
| 1978 | 30.1% | +7.0% |
| 1979 | 30.8% | +2.4% |
| 1980 | 30.2% | -1.7% |
| 1981 | 28.6% | -5.4% |
| 1982 | 32.3% | +13.0% |
| 1983 | 32.1% | -0.7% |
| 1984 | 28.3% | -11.8% |
| 1985 | 26.2% | -7.6% |
| 1986 | 31.4% | +19.9% |
| 1987 | 31.9% | +1.8% |
| 1988 | 27.9% | -12.4% |
| 1989 | 31.3% | +12.1% |
| 1990 | 27.3% | -12.9% |
| 1991 | 16.1% | -40.8% |
| 1992 | 17.8% | +10.5% |
| 1993 | 18.2% | +2.1% |
| 1994 | 18.6% | +2.2% |
| 1995 | 18.8% | +0.8% |
| 1996 | 20.5% | +9.3% |
| 1997 | 21.7% | +5.5% |
| 1998 | 22.8% | +5.1% |
| 1999 | 26.0% | +14.4% |
| 2000 | 28.6% | +9.9% |
| 2001 | 31.4% | +9.8% |
| 2002 | 32.4% | +3.2% |
| 2003 | 31.2% | -3.7% |
| 2004 | 19.3% | -38.2% |
| 2005 | 18.9% | -1.9% |
| 2006 | 18.0% | -5.0% |
| 2007 | 20.0% | +11.3% |
| 2008 | 19.8% | -1.2% |
| 2009 | 20.5% | +3.9% |
| 2010 | 21.8% | +5.9% |
| 2011 | 22.0% | +1.1% |
| 2012 | 21.6% | -2.0% |
| 2013 | 22.6% | +4.8% |
| 2014 | 24.2% | +7.1% |
| 2015 | 24.9% | +2.9% |
| 2016 | 25.7% | +3.0% |
| 2017 | 26.2% | +2.0% |
| 2018 | 26.0% | -0.7% |
| 2019 | 26.8% | +3.0% |
| 2020 | 29.1% | +8.5% |
| 2021 | 26.6% | -8.7% |
| 2022 | 26.9% | +1.2% |
| 2023 | 29.8% | +10.8% |
| 2024 | 30.9% | +3.8% |
| 2025 | 31.8% | +2.9% |
Dominican Republic compared with similar countries
- Dominican Republic's 31.8% is below the median for upper middle income countries, which is 39.8%, 80% of the median. (55 countries reporting)
- Dominican Republic's 31.8% is below the median for Latin America & Caribbean, which is 42.9%, 74% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Domestic credit to private sector by banks 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 |
|---|---|---|---|
| 1971 | +73.1% | 12.1% | 21.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.6% | 4.8% | 12.3% | 10 |
| 1970s | 24.7% | 12.1% | 30.8% | 10 |
| 1980s | 30.0% | 26.2% | 32.3% | 10 |
| 1990s | 20.8% | 16.1% | 27.3% | 10 |
| 2000s | 24.0% | 18.0% | 32.4% | 10 |
| 2010s | 24.2% | 21.6% | 26.8% | 10 |
| 2020s | 29.2% | 26.6% | 31.8% | 6 |
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 domestic credit to private sector by banks in Dominican Republic?
- Domestic credit to private sector by banks in Dominican Republic was 31.8% 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 Dominican Republic?
- The highest recorded value was 32.4% in 2002.
- What is the lowest domestic credit to private sector by banks recorded in Dominican Republic?
- The lowest recorded value was 4.8% in 1961.
- How does Dominican Republic rank for domestic credit to private sector by banks?
- Dominican Republic ranks 110th out of 187 countries with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Dominican Republic?
- Over the last ten years it is up 27.6%. 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 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.
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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.