Domestic credit to private sector in Dominican Republic
Dominican Republic: Domestic credit to private sector was 30.5% in 2020. ▲ Rising
Domestic credit to private sector in Dominican Republic, 2004–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
Dominican Republic recorded 30.5% for domestic credit to private sector in 2020. That is the highest value across all 17 years on record.
The figure is up 8.3% on the previous year and up 34.4% over ten years.
Over the whole period, domestic credit to private sector in Dominican Republic peaked at 30.5% in 2020 and was at its lowest, 18.7%, in 2006.
That places Dominican Republic 120th out of 187 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Domestic credit to private sector in Dominican Republic, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2004 | 23.6% | — |
| 2005 | 19.6% | -16.9% |
| 2006 | 18.7% | -4.9% |
| 2007 | 20.7% | +10.8% |
| 2008 | 20.7% | +0.1% |
| 2009 | 21.5% | +4.0% |
| 2010 | 22.7% | +5.4% |
| 2011 | 22.9% | +0.9% |
| 2012 | 22.5% | -1.8% |
| 2013 | 23.4% | +4.0% |
| 2014 | 25.2% | +7.8% |
| 2015 | 26.0% | +3.0% |
| 2016 | 26.9% | +3.4% |
| 2017 | 27.3% | +1.5% |
| 2018 | 27.2% | -0.2% |
| 2019 | 28.2% | +3.5% |
| 2020 | 30.5% | +8.3% |
Dominican Republic compared with similar countries
- Dominican Republic's 30.5% is below the median for upper middle income countries, which is 52.0%, 59% of the median. (55 countries reporting)
- Dominican Republic's 30.5% is below the median for Latin America & Caribbean, which is 54.3%, 56% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 20.8% | 18.7% | 23.6% | 6 |
| 2010s | 25.2% | 22.5% | 28.2% | 10 |
| 2020s | 30.5% | 30.5% | 30.5% | 1 |
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 in Dominican Republic?
- Domestic credit to private sector in Dominican Republic was 30.5% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Dominican Republic?
- The highest recorded value was 30.5% in 2020.
- What is the lowest domestic credit to private sector recorded in Dominican Republic?
- The lowest recorded value was 18.7% in 2006.
- How does Dominican Republic rank for domestic credit to private sector?
- Dominican Republic ranks 120th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Dominican Republic?
- Over the last ten years it is up 34.4%. The long-run trend across the full record is rising.
- Where does this Dominican Republic data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, 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.