Savings rate, Foreign Currency, Rate, Percent per annum in Dominican Republic
Dominican Republic: Savings rate, Foreign Currency, Rate, Percent per annum was 0.1752 in 2024. ◆ Volatile
Savings rate, Foreign Currency, Rate, Percent per annum in Dominican Republic, 1996–2024
Source: International Monetary Fund.
Analysis
The most recent figure for savings rate, foreign currency, rate, percent per annum in Dominican Republic is 0.1752, measured in 2024.
That represents a change of up 62.9% on the previous year and down 48.2% over ten years.
Over the whole period, savings rate, foreign currency, rate, percent per annum in Dominican Republic peaked at 4.67 in 1996 and was at its lowest, 0.0605, in 2022.
That places Dominican Republic 17th out of 21 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Savings rate, Foreign Currency, Rate, Percent per annum in Dominican Republic, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 4.67 | — |
| 1997 | 4.29 | -8.2% |
| 1998 | 3.62 | -15.7% |
| 1999 | 3.58 | -1.1% |
| 2000 | 4.16 | +16.3% |
| 2001 | 4 | -3.9% |
| 2002 | 3.81 | -4.8% |
| 2003 | 3.83 | +0.6% |
| 2004 | 2.87 | -25.1% |
| 2005 | 2.04 | -28.6% |
| 2006 | 1.55 | -24.3% |
| 2007 | 1.5 | -3.1% |
| 2008 | 1.56 | +3.7% |
| 2009 | 0.6308 | -59.5% |
| 2010 | 0.5017 | -20.5% |
| 2011 | 0.4617 | -8.0% |
| 2012 | 0.4017 | -13.0% |
| 2013 | 0.295 | -26.6% |
| 2014 | 0.3383 | +14.7% |
| 2015 | 0.5092 | +50.5% |
| 2016 | 0.57 | +11.9% |
| 2017 | 0.6367 | +11.7% |
| 2018 | 0.3687 | -42.1% |
| 2019 | 0.2622 | -28.9% |
| 2020 | 0.2608 | -0.5% |
| 2021 | 0.1293 | -50.4% |
| 2022 | 0.0605 | -53.2% |
| 2023 | 0.1076 | +77.7% |
| 2024 | 0.1752 | +62.9% |
Dominican Republic compared with similar countries
- Dominican Republic's 0.1752 is below the median for Latin America & Caribbean, which is 0.2843, 62% of the median. (13 countries reporting)
- Dominican Republic's 0.1752 is below the median for upper middle income countries, which is 0.2711, 65% of the median. (9 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.04 | 3.58 | 4.67 | 4 |
| 2000s | 2.59 | 0.6308 | 4.16 | 10 |
| 2010s | 0.4345 | 0.2622 | 0.6367 | 10 |
| 2020s | 0.1467 | 0.0605 | 0.2608 | 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 savings rate, foreign currency, rate, percent per annum in Dominican Republic?
- Savings rate, foreign currency, rate, percent per annum in Dominican Republic was 0.1752 in 2024, according to International Monetary Fund.
- What is the highest savings rate, foreign currency, rate, percent per annum recorded in Dominican Republic?
- The highest recorded value was 4.67 in 1996.
- What is the lowest savings rate, foreign currency, rate, percent per annum recorded in Dominican Republic?
- The lowest recorded value was 0.0605 in 2022.
- How does Dominican Republic rank for savings rate, foreign currency, rate, percent per annum?
- Dominican Republic ranks 17th out of 21 countries with data for 2024.
- Is savings rate, foreign currency, rate, percent per annum rising or falling in Dominican Republic?
- Over the last ten years it is down 48.2%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from International Monetary Fund, published as part of Savings 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.