Financial Institutions Access Index in Dominican Republic
Dominican Republic: Financial Institutions Access Index was 0.3114 in 2020. ▲ Rising
Financial Institutions Access Index in Dominican Republic, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions access index in Dominican Republic stood at 0.3114.
The figure is down 2.6% on the previous year and up 27.7% over ten years.
Over the whole period, financial institutions access index in Dominican Republic peaked at 0.3198 in 2019 and was at its lowest, 0.1136, in 1991.
That places Dominican Republic 102nd 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 Institutions Access Index in Dominican Republic, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.1658 | — |
| 1981 | 0.1569 | -5.4% |
| 1982 | 0.1773 | +13.0% |
| 1983 | 0.1761 | -0.7% |
| 1984 | 0.1553 | -11.8% |
| 1985 | 0.1434 | -7.6% |
| 1986 | 0.172 | +19.9% |
| 1987 | 0.175 | +1.8% |
| 1988 | 0.1532 | -12.4% |
| 1989 | 0.1718 | +12.1% |
| 1990 | 0.1497 | -12.9% |
| 1991 | 0.1136 | -24.1% |
| 1992 | 0.1432 | +26.0% |
| 1993 | 0.1459 | +1.9% |
| 1994 | 0.1484 | +1.7% |
| 1995 | 0.1618 | +9.1% |
| 1996 | 0.171 | +5.7% |
| 1997 | 0.1751 | +2.4% |
| 1998 | 0.1817 | +3.8% |
| 1999 | 0.1882 | +3.6% |
| 2000 | 0.1859 | -1.2% |
| 2001 | 0.1951 | +5.0% |
| 2002 | 0.2027 | +3.9% |
| 2003 | 0.1928 | -4.9% |
| 2004 | 0.1988 | +3.1% |
| 2005 | 0.2208 | +11.0% |
| 2006 | 0.2225 | +0.8% |
| 2007 | 0.2303 | +3.5% |
| 2008 | 0.234 | +1.6% |
| 2009 | 0.2396 | +2.4% |
| 2010 | 0.2438 | +1.8% |
| 2011 | 0.2555 | +4.8% |
| 2012 | 0.2589 | +1.4% |
| 2013 | 0.2804 | +8.3% |
| 2014 | 0.2834 | +1.1% |
| 2015 | 0.3052 | +7.7% |
| 2016 | 0.3133 | +2.7% |
| 2017 | 0.3187 | +1.7% |
| 2018 | 0.3053 | -4.2% |
| 2019 | 0.3198 | +4.8% |
| 2020 | 0.3114 | -2.6% |
Dominican Republic compared with similar countries
- Dominican Republic's 0.3114 is below the median for upper middle income countries, which is 0.3583, 87% of the median. (54 countries reporting)
- Dominican Republic's 0.3114 is below the median for Latin America & Caribbean, which is 0.3636, 86% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1647 | 0.1434 | 0.1773 | 10 |
| 1990s | 0.1578 | 0.1136 | 0.1882 | 10 |
| 2000s | 0.2123 | 0.1859 | 0.2396 | 10 |
| 2010s | 0.2884 | 0.2438 | 0.3198 | 10 |
| 2020s | 0.3114 | 0.3114 | 0.3114 | 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 institutions access index in Dominican Republic?
- Financial institutions access index in Dominican Republic was 0.3114 in 2020, according to International Monetary Fund.
- What is the highest financial institutions access index recorded in Dominican Republic?
- The highest recorded value was 0.3198 in 2019.
- What is the lowest financial institutions access index recorded in Dominican Republic?
- The lowest recorded value was 0.1136 in 1991.
- How does Dominican Republic rank for financial institutions access index?
- Dominican Republic ranks 102nd out of 183 countries with data for 2020.
- Is financial institutions access index rising or falling in Dominican Republic?
- Over the last ten years it is up 27.7%. 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 Institutions Access Index. Statizoid updates them automatically from the source API.
Download this data
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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.