Foreign banks among total banks (%) in Dominican Republic
Dominican Republic: Foreign banks among total banks (%) was 8.0% in 2013. ▲ Rising
Foreign banks among total banks in Dominican Republic, 1995–2013
Source: Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10. Measured in %.
Analysis
The most recent figure for foreign banks among total banks in Dominican Republic is 8.0%, measured in 2013.
The figure is down 11.1% over ten years.
Over the whole period, foreign banks among total banks in Dominican Republic peaked at 9.0% in 2003 and was at its lowest, 4.0%, in 1995.
That places Dominican Republic 119th out of 137 countries with data for 2013, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Foreign banks among total banks (%) in Dominican Republic, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 4.0% | — |
| 1996 | 4.0% | +0.0% |
| 1997 | 4.0% | +0.0% |
| 1998 | 4.0% | +0.0% |
| 1999 | 4.0% | +0.0% |
| 2000 | 4.0% | +0.0% |
| 2001 | 6.0% | +50.0% |
| 2002 | 6.0% | +0.0% |
| 2003 | 9.0% | +50.0% |
| 2004 | 9.0% | +0.0% |
| 2005 | 9.0% | +0.0% |
| 2006 | 7.0% | -22.2% |
| 2007 | 5.0% | -28.6% |
| 2008 | 5.0% | +0.0% |
| 2009 | 5.0% | +0.0% |
| 2010 | 5.0% | +0.0% |
| 2011 | 8.0% | +60.0% |
| 2012 | 8.0% | +0.0% |
| 2013 | 8.0% | +0.0% |
Dominican Republic compared with similar countries
- Dominican Republic's 8.0% is below the median for upper middle income countries, which is 41.0%, 20% of the median. (40 countries reporting)
- Dominican Republic's 8.0% is below the median for Latin America & Caribbean, which is 41.5%, 19% of the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.0% | 4.0% | 4.0% | 5 |
| 2000s | 6.5% | 4.0% | 9.0% | 10 |
| 2010s | 7.2% | 5.0% | 8.0% | 4 |
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 foreign banks among total banks in Dominican Republic?
- Foreign banks among total banks in Dominican Republic was 8.0% in 2013, according to Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10.
- What is the highest foreign banks among total banks recorded in Dominican Republic?
- The highest recorded value was 9.0% in 2003.
- What is the lowest foreign banks among total banks recorded in Dominican Republic?
- The lowest recorded value was 4.0% in 1995.
- How does Dominican Republic rank for foreign banks among total banks?
- Dominican Republic ranks 119th out of 137 countries with data for 2013.
- Is foreign banks among total banks rising or falling in Dominican Republic?
- Over the last ten years it is down 11.1%. The long-run trend across the full record is rising.
- Where does this Dominican Republic data come from?
- The figures come from Stijn Claessens and Neeltje van Horen, 2012. "Foreign Banks: Trends, Impact and Financial Stability" IMF Working Paper, WP/12/10, published as part of Foreign banks among total banks (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Percentage of the number of foreign owned banks to the number of the total banks in an Economy. A foreign bank is a bank where 50 percent or more of its shares are owned by foreigners.