Loans from nonresident banks (amounts outstanding) to GDP in Dominican Republic
Dominican Republic: Loans from nonresident banks (amounts outstanding) to GDP was 29.1% in 2021. ◆ Volatile
Loans from nonresident banks (amounts outstanding) to GDP in Dominican Republic, 1994–2021
Source: Bank for International Settlements (BIS). Measured in %.
Analysis
Dominican Republic recorded 29.1% for loans from nonresident banks (amounts outstanding) to gdp in 2021.
That represents a change of down 11.9% on the previous year and up 441.7% over ten years.
Over the whole period, loans from nonresident banks (amounts outstanding) to gdp in Dominican Republic peaked at 33.1% in 2020 and was at its lowest, 1.2%, in 2005.
Dominican Republic ranks 42nd of 136 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Loans from nonresident banks (amounts outstanding) to GDP in Dominican Republic, year by year
| Year | % | Change |
|---|---|---|
| 1994 | 3.6% | — |
| 1995 | 3.1% | -12.0% |
| 1996 | 2.9% | -8.8% |
| 1997 | 3.6% | +25.8% |
| 1998 | 3.6% | +0.2% |
| 1999 | 3.4% | -6.0% |
| 2000 | 3.0% | -12.2% |
| 2001 | 4.7% | +60.0% |
| 2002 | 4.5% | -5.0% |
| 2003 | 8.3% | +83.6% |
| 2004 | 7.0% | -16.0% |
| 2005 | 1.2% | -82.3% |
| 2006 | 2.9% | +138.4% |
| 2007 | 3.8% | +30.9% |
| 2008 | 3.5% | -10.0% |
| 2009 | 3.3% | -4.7% |
| 2010 | 4.3% | +31.5% |
| 2011 | 5.4% | +24.0% |
| 2012 | 4.6% | -15.2% |
| 2013 | 6.6% | +44.4% |
| 2014 | 8.4% | +27.2% |
| 2015 | 12.8% | +53.1% |
| 2016 | 14.0% | +9.0% |
| 2017 | 15.4% | +9.8% |
| 2018 | 18.0% | +17.1% |
| 2019 | 21.1% | +17.2% |
| 2020 | 33.1% | +56.8% |
| 2021 | 29.1% | -11.9% |
Dominican Republic compared with similar countries
- Dominican Republic's 29.1% is above the median for upper middle income countries, which is 17.4%, 1.7× the median. (45 countries reporting)
- Dominican Republic's 29.1% is above the median for Latin America & Caribbean, which is 19.2%, 1.5× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.3% | 2.9% | 3.6% | 6 |
| 2000s | 4.2% | 1.2% | 8.3% | 10 |
| 2010s | 11.1% | 4.3% | 21.1% | 10 |
| 2020s | 31.1% | 29.1% | 33.1% | 2 |
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 loans from nonresident banks (amounts outstanding) to gdp in Dominican Republic?
- Loans from nonresident banks (amounts outstanding) to gdp in Dominican Republic was 29.1% in 2021, according to Bank for International Settlements (BIS).
- What is the highest loans from nonresident banks (amounts outstanding) to gdp recorded in Dominican Republic?
- The highest recorded value was 33.1% in 2020.
- What is the lowest loans from nonresident banks (amounts outstanding) to gdp recorded in Dominican Republic?
- The lowest recorded value was 1.2% in 2005.
- How does Dominican Republic rank for loans from nonresident banks (amounts outstanding) to gdp?
- Dominican Republic ranks 42nd out of 136 countries with data for 2021.
- Is loans from nonresident banks (amounts outstanding) to gdp rising or falling in Dominican Republic?
- Over the last ten years it is up 441.7%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from Bank for International Settlements (BIS), published as part of Loans from nonresident banks (amounts outstanding) to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Ratio of outstanding offshore bank loans to GDP. An offshore bank is a bank located outside the country of residence of the depositor, typically in a low tax jurisdiction (or tax haven) that provides financial and legal advantages. Offshore bank loan data from BIS Statistical Appendix Table 7A: External loans and deposits of reporting banks vis-à-vis all sectors.