Lending rate, Foreign Currency, Rate, Percent per annum in Dominican Republic
Dominican Republic: Lending rate, Foreign Currency, Rate, Percent per annum was 8.27 in 2024. ▼ Falling
Lending rate, Foreign Currency, Rate, Percent per annum in Dominican Republic, 1996–2024
Source: International Monetary Fund.
Analysis
Dominican Republic recorded 8.27 for lending rate, foreign currency, rate, percent per annum in 2024.
The figure is up 6.0% on the previous year and up 26.8% over ten years.
Over the whole period, lending rate, foreign currency, rate, percent per annum in Dominican Republic peaked at 13.87 in 1996 and was at its lowest, 3.49, in 2021.
That places Dominican Republic 16th out of 33 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 29 years of available data.
Lending rate, Foreign Currency, Rate, Percent per annum in Dominican Republic, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 13.87 | — |
| 1997 | 12.75 | -8.1% |
| 1998 | 11.95 | -6.3% |
| 1999 | 11.73 | -1.8% |
| 2000 | 11.56 | -1.5% |
| 2001 | 11.17 | -3.4% |
| 2002 | 10.27 | -8.0% |
| 2003 | 10.58 | +3.0% |
| 2004 | 10.82 | +2.2% |
| 2005 | 9.41 | -13.0% |
| 2006 | 8.35 | -11.3% |
| 2007 | 8.05 | -3.6% |
| 2008 | 8.18 | +1.6% |
| 2009 | 8.49 | +3.8% |
| 2010 | 7.51 | -11.5% |
| 2011 | 7.3 | -2.8% |
| 2012 | 6.86 | -6.1% |
| 2013 | 6.62 | -3.4% |
| 2014 | 6.52 | -1.6% |
| 2015 | 6.36 | -2.4% |
| 2016 | 6.02 | -5.5% |
| 2017 | 5.9 | -2.0% |
| 2018 | 5.77 | -2.1% |
| 2019 | 5.71 | -1.0% |
| 2020 | 4.51 | -21.0% |
| 2021 | 3.49 | -22.6% |
| 2022 | 4.68 | +33.9% |
| 2023 | 7.8 | +66.7% |
| 2024 | 8.27 | +6.0% |
Dominican Republic compared with similar countries
- Dominican Republic's 8.27 is above the median for upper middle income countries, which is 7.51, 1.1× the median. (17 countries reporting)
- Dominican Republic's 8.27 is above the median for Latin America & Caribbean, which is 7.71, 1.1× the median. (16 countries reporting)
Biggest year-on-year movements
Years where Lending rate, Foreign Currency, Rate, Percent per annum in Dominican Republic changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +66.7% | 4.68 | 7.8 |
| 2022 | +33.9% | 3.49 | 4.68 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.57 | 11.73 | 13.87 | 4 |
| 2000s | 9.69 | 8.05 | 11.56 | 10 |
| 2010s | 6.46 | 5.71 | 7.51 | 10 |
| 2020s | 5.75 | 3.49 | 8.27 | 5 |
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 lending rate, foreign currency, rate, percent per annum in Dominican Republic?
- Lending rate, foreign currency, rate, percent per annum in Dominican Republic was 8.27 in 2024, according to International Monetary Fund.
- What is the highest lending rate, foreign currency, rate, percent per annum recorded in Dominican Republic?
- The highest recorded value was 13.87 in 1996.
- What is the lowest lending rate, foreign currency, rate, percent per annum recorded in Dominican Republic?
- The lowest recorded value was 3.49 in 2021.
- How does Dominican Republic rank for lending rate, foreign currency, rate, percent per annum?
- Dominican Republic ranks 16th out of 33 countries with data for 2024.
- Is lending rate, foreign currency, rate, percent per annum rising or falling in Dominican Republic?
- Over the last ten years it is up 26.8%. 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 Lending rate, Foreign Currency, Rate, Percent per annum. Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.