Monetary policy-related, Rate, Percent per annum in Dominican Republic
Dominican Republic: Monetary policy-related, Rate, Percent per annum was 6 in 2024. ▼ Falling
Monetary policy-related, Rate, Percent per annum in Dominican Republic, 2004–2024
Source: International Monetary Fund.
Analysis
In 2024, monetary policy-related, rate, percent per annum in Dominican Republic stood at 6.
That represents a change of down 14.3% on the previous year and down 4.0% over ten years.
Over the whole period, monetary policy-related, rate, percent per annum in Dominican Republic peaked at 10 in 2005 and was at its lowest, 3, in 2020.
Dominican Republic ranks 32nd of 80 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Monetary policy-related, Rate, Percent per annum in Dominican Republic, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 7 | — |
| 2005 | 10 | +42.9% |
| 2006 | 8 | -20.0% |
| 2007 | 7 | -12.5% |
| 2008 | 9.5 | +35.7% |
| 2009 | 4 | -57.9% |
| 2010 | 5 | +25.0% |
| 2011 | 6.75 | +35.0% |
| 2012 | 5 | -25.9% |
| 2013 | 6.25 | +25.0% |
| 2014 | 6.25 | +0.0% |
| 2015 | 5 | -20.0% |
| 2016 | 5.5 | +10.0% |
| 2017 | 5.25 | -4.5% |
| 2018 | 5.5 | +4.8% |
| 2019 | 4.5 | -18.2% |
| 2020 | 3 | -33.3% |
| 2021 | 3.5 | +16.7% |
| 2022 | 8.5 | +142.9% |
| 2023 | 7 | -17.6% |
| 2024 | 6 | -14.3% |
Dominican Republic compared with similar countries
- Dominican Republic's 6 is above the median for upper middle income countries, which is 6, 1.0× the median. (31 countries reporting)
- Dominican Republic's 6 is above the median for Latin America & Caribbean, which is 6, 1.0× the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.58 | 4 | 10 | 6 |
| 2010s | 5.5 | 4.5 | 6.75 | 10 |
| 2020s | 5.6 | 3 | 8.5 | 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 monetary policy-related, rate, percent per annum in Dominican Republic?
- Monetary policy-related, rate, percent per annum in Dominican Republic was 6 in 2024, according to International Monetary Fund.
- What is the highest monetary policy-related, rate, percent per annum recorded in Dominican Republic?
- The highest recorded value was 10 in 2005.
- What is the lowest monetary policy-related, rate, percent per annum recorded in Dominican Republic?
- The lowest recorded value was 3 in 2020.
- How does Dominican Republic rank for monetary policy-related, rate, percent per annum?
- Dominican Republic ranks 32nd out of 80 countries with data for 2024.
- Is monetary policy-related, rate, percent per annum rising or falling in Dominican Republic?
- Over the last ten years it is down 4.0%. 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 Monetary policy-related, Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.