Financial Institutions Efficiency Index in Dominican Republic
Dominican Republic: Financial Institutions Efficiency Index was 0.522 in 2020. ▼ Falling
Financial Institutions Efficiency Index in Dominican Republic, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions efficiency index in Dominican Republic stood at 0.522.
Compared with earlier readings it is down 0.3% on the previous year and up 18.3% over ten years.
Over the whole period, financial institutions efficiency index in Dominican Republic peaked at 0.5852 in 1982 and was at its lowest, 0.306, in 2011.
That places Dominican Republic 134th out of 183 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently falling across the 41 years of available data.
Financial Institutions Efficiency Index in Dominican Republic, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0.5572 | — |
| 1981 | 0.527 | -5.4% |
| 1982 | 0.5852 | +11.0% |
| 1983 | 0.5815 | -0.6% |
| 1984 | 0.5142 | -11.6% |
| 1985 | 0.4832 | -6.0% |
| 1986 | 0.5488 | +13.6% |
| 1987 | 0.5579 | +1.7% |
| 1988 | 0.4952 | -11.2% |
| 1989 | 0.5348 | +8.0% |
| 1990 | 0.477 | -10.8% |
| 1991 | 0.3392 | -28.9% |
| 1992 | 0.4551 | +34.2% |
| 1993 | 0.4413 | -3.0% |
| 1994 | 0.4307 | -2.4% |
| 1995 | 0.4566 | +6.0% |
| 1996 | 0.4686 | +2.6% |
| 1997 | 0.5061 | +8.0% |
| 1998 | 0.4002 | -20.9% |
| 1999 | 0.4613 | +15.3% |
| 2000 | 0.5162 | +11.9% |
| 2001 | 0.5033 | -2.5% |
| 2002 | 0.5611 | +11.5% |
| 2003 | 0.4732 | -15.7% |
| 2004 | 0.3796 | -19.8% |
| 2005 | 0.3696 | -2.6% |
| 2006 | 0.4031 | +9.1% |
| 2007 | 0.4502 | +11.7% |
| 2008 | 0.4295 | -4.6% |
| 2009 | 0.4228 | -1.6% |
| 2010 | 0.4413 | +4.4% |
| 2011 | 0.306 | -30.7% |
| 2012 | 0.4417 | +44.3% |
| 2013 | 0.4588 | +3.9% |
| 2014 | 0.4709 | +2.6% |
| 2015 | 0.4904 | +4.1% |
| 2016 | 0.4906 | +0.0% |
| 2017 | 0.4943 | +0.8% |
| 2018 | 0.5133 | +3.8% |
| 2019 | 0.5234 | +2.0% |
| 2020 | 0.522 | -0.3% |
Dominican Republic compared with similar countries
- Dominican Republic's 0.522 is below the median for upper middle income countries, which is 0.5976, 87% of the median. (54 countries reporting)
- Dominican Republic's 0.522 is below the median for Latin America & Caribbean, which is 0.5723, 91% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.5385 | 0.4832 | 0.5852 | 10 |
| 1990s | 0.4436 | 0.3392 | 0.5061 | 10 |
| 2000s | 0.4509 | 0.3696 | 0.5611 | 10 |
| 2010s | 0.4631 | 0.306 | 0.5234 | 10 |
| 2020s | 0.522 | 0.522 | 0.522 | 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 efficiency index in Dominican Republic?
- Financial institutions efficiency index in Dominican Republic was 0.522 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Dominican Republic?
- The highest recorded value was 0.5852 in 1982.
- What is the lowest financial institutions efficiency index recorded in Dominican Republic?
- The lowest recorded value was 0.306 in 2011.
- How does Dominican Republic rank for financial institutions efficiency index?
- Dominican Republic ranks 134th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Dominican Republic?
- Over the last ten years it is up 18.3%. The long-run trend across the full record is falling.
- Where does this Dominican Republic data come from?
- The figures come from International Monetary Fund, published as part of Financial Institutions Efficiency Index. Statizoid updates them automatically from the source API.
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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.