Financial system deposits to GDP in Dominican Republic
Dominican Republic: Financial system deposits to GDP was 29.3% in 2021. ▲ Rising
Financial system deposits to GDP in Dominican Republic, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for financial system deposits to gdp in Dominican Republic is 29.3%, measured in 2021.
The figure is down 3.6% on the previous year and up 41.8% over ten years.
Over the whole period, financial system deposits to gdp in Dominican Republic peaked at 30.4% in 2020 and was at its lowest, 7.9%, in 1964.
That places Dominican Republic 143rd out of 185 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 62 years of available data.
Financial system deposits to GDP in Dominican Republic, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 12.0% | — |
| 1961 | 10.7% | -11.2% |
| 1962 | 9.3% | -12.4% |
| 1963 | 8.9% | -4.9% |
| 1964 | 7.9% | -11.3% |
| 1965 | 13.6% | +72.4% |
| 1966 | 10.2% | -24.5% |
| 1967 | 9.8% | -4.3% |
| 1968 | 12.5% | +27.8% |
| 1969 | 13.2% | +5.1% |
| 1970 | 13.8% | +5.0% |
| 1971 | 16.6% | +20.2% |
| 1972 | 17.9% | +7.6% |
| 1973 | 20.4% | +14.3% |
| 1974 | 24.0% | +17.3% |
| 1975 | 23.9% | -0.4% |
| 1976 | 22.5% | -5.7% |
| 1977 | 22.9% | +1.8% |
| 1978 | 22.6% | -1.5% |
| 1979 | 21.8% | -3.3% |
| 1980 | 20.3% | -7.0% |
| 1981 | 19.9% | -1.8% |
| 1982 | 20.4% | +2.6% |
| 1983 | 21.4% | +4.9% |
| 1984 | 20.1% | -6.1% |
| 1985 | 18.5% | -8.0% |
| 1986 | 27.2% | +46.8% |
| 1987 | 24.1% | -11.3% |
| 1988 | 23.8% | -1.4% |
| 1989 | 23.5% | -1.2% |
| 1990 | 22.4% | -4.8% |
| 1991 | 15.4% | -31.0% |
| 1992 | 16.6% | +7.8% |
| 1993 | 17.8% | +6.9% |
| 1994 | 17.6% | -1.3% |
| 1995 | 17.7% | +0.9% |
| 1996 | 19.2% | +8.5% |
| 1997 | 20.1% | +4.9% |
| 1998 | 21.2% | +5.2% |
| 1999 | 23.0% | +8.7% |
| 2000 | 25.2% | +9.2% |
| 2001 | 17.5% | -30.3% |
| 2002 | 18.2% | +3.9% |
| 2003 | 23.5% | +28.7% |
| 2004 | 17.2% | -26.7% |
| 2005 | 18.3% | +6.3% |
| 2006 | 18.3% | -0.2% |
| 2007 | 19.5% | +6.6% |
| 2008 | 17.3% | -11.2% |
| 2009 | 19.6% | +13.5% |
| 2010 | 20.1% | +2.7% |
| 2011 | 20.7% | +2.6% |
| 2012 | 21.1% | +2.1% |
| 2013 | 22.0% | +4.1% |
| 2014 | 20.7% | -5.8% |
| 2015 | 21.5% | +3.7% |
| 2016 | 21.7% | +1.1% |
| 2017 | 21.9% | +0.8% |
| 2018 | 21.4% | -2.3% |
| 2019 | 23.1% | +8.0% |
| 2020 | 30.4% | +31.9% |
| 2021 | 29.3% | -3.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.8% | 7.9% | 13.6% | 10 |
| 1970s | 20.6% | 13.8% | 24.0% | 10 |
| 1980s | 21.9% | 18.5% | 27.2% | 10 |
| 1990s | 19.1% | 15.4% | 23.0% | 10 |
| 2000s | 19.5% | 17.2% | 25.2% | 10 |
| 2010s | 21.4% | 20.1% | 23.1% | 10 |
| 2020s | 29.9% | 29.3% | 30.4% | 2 |
Countries ranked near Dominican Republic
- 140 Côte d'Ivoire 30.4% compare
- 141 Kyrgyzstan 29.7% compare
- 142 Lao People's Democratic Republic 29.4% compare
- 144 Sao Tome and Principe 29.0% compare
- 145 Eswatini 28.0% compare
- 146 Ethiopia 27.4% compare
More financial sector data for Dominican Republic
- Net domestic credit (current LCU), per capita 331,594 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 29.98 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 6.08 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 640,346 SDR (2025)
- Gold reserves at market value 58.35 million SDR (2025)
- Reserves excluding gold, foreign exchange 10.64 billion SDR (2025)
- Reserves excluding gold 10.73 billion SDR (2025)
- Total reserves (gold at market value) 10.79 billion SDR (2025)
- Total reserves (gold at national valuation) 10.79 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 936.73 SDR per person (2025)
Frequently asked questions
- What is financial system deposits to gdp in Dominican Republic?
- Financial system deposits to gdp in Dominican Republic was 29.3% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Dominican Republic?
- The highest recorded value was 30.4% in 2020.
- What is the lowest financial system deposits to gdp recorded in Dominican Republic?
- The lowest recorded value was 7.9% in 1964.
- How does Dominican Republic rank for financial system deposits to gdp?
- Dominican Republic ranks 143rd out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Dominican Republic?
- Over the last ten years it is up 41.8%. 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 (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 62 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).