Financial Development Index in Dominican Republic
Dominican Republic: Financial Development Index was 0.1806 in 2020. ▲ Rising
Financial Development Index in Dominican Republic, 1980–2020
Source: International Monetary Fund.
Analysis
Dominican Republic recorded 0.1806 for financial development index in 2020. That is the highest value across all 41 years on record.
Compared with earlier readings it is up 0.6% on the previous year and up 28.4% over ten years.
Over the whole period, financial development index in Dominican Republic peaked at 0.1806 in 2020 and was at its lowest, 0.0912, in 1991.
That places Dominican Republic 121st out of 183 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 41 years of available data.
Financial Development Index in Dominican Republic, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.1412 | — |
| 1981 | 0.1336 | -5.4% |
| 1982 | 0.1496 | +12.0% |
| 1983 | 0.1486 | -0.7% |
| 1984 | 0.1312 | -11.7% |
| 1985 | 0.1223 | -6.8% |
| 1986 | 0.1426 | +16.6% |
| 1987 | 0.1451 | +1.7% |
| 1988 | 0.1279 | -11.8% |
| 1989 | 0.1407 | +10.0% |
| 1990 | 0.1241 | -11.8% |
| 1991 | 0.0912 | -26.5% |
| 1992 | 0.1153 | +26.5% |
| 1993 | 0.1147 | -0.5% |
| 1994 | 0.1131 | -1.4% |
| 1995 | 0.1191 | +5.3% |
| 1996 | 0.1225 | +2.8% |
| 1997 | 0.1273 | +4.0% |
| 1998 | 0.1156 | -9.2% |
| 1999 | 0.128 | +10.7% |
| 2000 | 0.1377 | +7.5% |
| 2001 | 0.1405 | +2.1% |
| 2002 | 0.1527 | +8.7% |
| 2003 | 0.1377 | -9.8% |
| 2004 | 0.1226 | -11.0% |
| 2005 | 0.121 | -1.3% |
| 2006 | 0.1289 | +6.5% |
| 2007 | 0.1363 | +5.8% |
| 2008 | 0.1346 | -1.3% |
| 2009 | 0.136 | +1.1% |
| 2010 | 0.1406 | +3.4% |
| 2011 | 0.1261 | -10.3% |
| 2012 | 0.1455 | +15.4% |
| 2013 | 0.1549 | +6.4% |
| 2014 | 0.1571 | +1.4% |
| 2015 | 0.1681 | +7.0% |
| 2016 | 0.1692 | +0.6% |
| 2017 | 0.1735 | +2.5% |
| 2018 | 0.1754 | +1.1% |
| 2019 | 0.1795 | +2.4% |
| 2020 | 0.1806 | +0.6% |
Dominican Republic compared with similar countries
- Dominican Republic's 0.1806 is below the median for upper middle income countries, which is 0.2539, 71% of the median. (54 countries reporting)
- Dominican Republic's 0.1806 is below the median for Latin America & Caribbean, which is 0.2814, 64% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1383 | 0.1223 | 0.1496 | 10 |
| 1990s | 0.1171 | 0.0912 | 0.128 | 10 |
| 2000s | 0.1348 | 0.121 | 0.1527 | 10 |
| 2010s | 0.159 | 0.1261 | 0.1795 | 10 |
| 2020s | 0.1806 | 0.1806 | 0.1806 | 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 financial development index in Dominican Republic?
- Financial development index in Dominican Republic was 0.1806 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Dominican Republic?
- The highest recorded value was 0.1806 in 2020.
- What is the lowest financial development index recorded in Dominican Republic?
- The lowest recorded value was 0.0912 in 1991.
- How does Dominican Republic rank for financial development index?
- Dominican Republic ranks 121st out of 183 countries with data for 2020.
- Is financial development index rising or falling in Dominican Republic?
- Over the last ten years it is up 28.4%. The long-run trend across the full record is rising.
- Where does this Dominican Republic data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 41 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.