Private credit by deposit money banks to GDP in Dominican Republic
Dominican Republic: Private credit by deposit money banks to GDP was 26.7% in 2021. ▲ Rising
Private credit by deposit money banks to GDP in Dominican Republic, 1960–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for private credit by deposit money banks to gdp in Dominican Republic is 26.7%, measured in 2021.
That represents a change of down 7.8% on the previous year and up 21.6% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Dominican Republic peaked at 32.4% in 2002 and was at its lowest, 4.8%, in 1961.
Dominican Republic ranks 123rd of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 62 years of available data.
Private credit by deposit money banks to GDP in Dominican Republic, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 5.8% | — |
| 1961 | 4.8% | -17.1% |
| 1962 | 6.9% | +42.0% |
| 1963 | 6.3% | -7.8% |
| 1964 | 7.1% | +11.6% |
| 1965 | 7.7% | +8.6% |
| 1966 | 7.3% | -4.7% |
| 1967 | 7.6% | +3.4% |
| 1968 | 10.5% | +38.3% |
| 1969 | 12.3% | +17.7% |
| 1970 | 12.1% | -1.7% |
| 1971 | 21.0% | +73.1% |
| 1972 | 21.1% | +0.5% |
| 1973 | 23.0% | +9.0% |
| 1974 | 26.8% | +16.6% |
| 1975 | 26.2% | -2.1% |
| 1976 | 28.4% | +8.2% |
| 1977 | 28.1% | -1.0% |
| 1978 | 30.1% | +7.0% |
| 1979 | 30.8% | +2.4% |
| 1980 | 30.2% | -1.7% |
| 1981 | 28.6% | -5.4% |
| 1982 | 32.3% | +13.0% |
| 1983 | 32.1% | -0.7% |
| 1984 | 28.3% | -11.8% |
| 1985 | 26.2% | -7.6% |
| 1986 | 31.4% | +19.9% |
| 1987 | 31.9% | +1.8% |
| 1988 | 27.9% | -12.4% |
| 1989 | 31.3% | +12.1% |
| 1990 | 27.3% | -12.9% |
| 1991 | 16.1% | -40.8% |
| 1992 | 17.8% | +10.5% |
| 1993 | 18.2% | +2.1% |
| 1994 | 18.6% | +2.2% |
| 1995 | 18.8% | +0.8% |
| 1996 | 20.5% | +9.3% |
| 1997 | 21.7% | +5.5% |
| 1998 | 22.8% | +5.1% |
| 1999 | 26.0% | +14.4% |
| 2000 | 28.6% | +9.9% |
| 2001 | 31.4% | +9.8% |
| 2002 | 32.4% | +3.1% |
| 2003 | 30.9% | -4.6% |
| 2004 | 19.0% | -38.7% |
| 2005 | 18.5% | -2.2% |
| 2006 | 17.5% | -5.4% |
| 2007 | 19.5% | +10.9% |
| 2008 | 19.2% | -1.5% |
| 2009 | 20.5% | +7.1% |
| 2010 | 21.7% | +5.9% |
| 2011 | 22.0% | +1.1% |
| 2012 | 21.5% | -2.0% |
| 2013 | 22.6% | +4.8% |
| 2014 | 24.2% | +7.1% |
| 2015 | 24.9% | +2.9% |
| 2016 | 25.6% | +3.1% |
| 2017 | 25.9% | +1.1% |
| 2018 | 25.9% | -0.2% |
| 2019 | 26.9% | +3.9% |
| 2020 | 29.0% | +7.9% |
| 2021 | 26.7% | -7.8% |
Dominican Republic compared with similar countries
- Dominican Republic's 26.7% is below the median for upper middle income countries, which is 49.7%, 54% of the median. (55 countries reporting)
- Dominican Republic's 26.7% is below the median for Latin America & Caribbean, which is 50.9%, 52% of the median. (33 countries reporting)
Biggest year-on-year movements
Years where Private credit by deposit money banks to GDP 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 |
|---|---|---|---|
| 1971 | +73.1% | 12.1% | 21.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.6% | 4.8% | 12.3% | 10 |
| 1970s | 24.7% | 12.1% | 30.8% | 10 |
| 1980s | 30.0% | 26.2% | 32.3% | 10 |
| 1990s | 20.8% | 16.1% | 27.3% | 10 |
| 2000s | 23.8% | 17.5% | 32.4% | 10 |
| 2010s | 24.1% | 21.5% | 26.9% | 10 |
| 2020s | 27.8% | 26.7% | 29.0% | 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 private credit by deposit money banks to gdp in Dominican Republic?
- Private credit by deposit money banks to gdp in Dominican Republic was 26.7% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks to gdp recorded in Dominican Republic?
- The highest recorded value was 32.4% in 2002.
- What is the lowest private credit by deposit money banks to gdp recorded in Dominican Republic?
- The lowest recorded value was 4.8% in 1961.
- How does Dominican Republic rank for private credit by deposit money banks to gdp?
- Dominican Republic ranks 123rd out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp rising or falling in Dominican Republic?
- Over the last ten years it is up 21.6%. 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 Private credit by deposit money banks 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
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, 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. Private credit by deposit money banks (IFS line 22d); 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).