Savings Rate, Percent per annum in Dominican Republic
Dominican Republic: Savings Rate, Percent per annum was 0.2691 in 2024. ◆ Volatile
Savings Rate, Percent per annum in Dominican Republic, 1991–2024
Source: International Monetary Fund.
Analysis
Dominican Republic recorded 0.2691 for savings rate, percent per annum in 2024.
The figure is up 12.9% on the previous year and down 86.7% over ten years.
Over the whole period, savings rate, percent per annum in Dominican Republic peaked at 6.2 in 1991 and was at its lowest, 0.2037, in 2022.
That places Dominican Republic 58th out of 63 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, Percent per annum in Dominican Republic, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 6.2 | — |
| 1992 | 5.58 | -10.0% |
| 1993 | 5 | -10.4% |
| 1994 | 4.87 | -2.6% |
| 1995 | 4.66 | -4.3% |
| 1996 | 5 | +7.1% |
| 1997 | 4.74 | -5.0% |
| 1998 | 4.5 | -5.0% |
| 1999 | 4.54 | +0.7% |
| 2000 | 4.29 | -5.6% |
| 2001 | 4.29 | +0.1% |
| 2002 | 4.3 | +0.1% |
| 2003 | 4.26 | -0.9% |
| 2004 | 4.37 | +2.5% |
| 2005 | 4.12 | -5.6% |
| 2006 | 3.54 | -14.1% |
| 2007 | 3.09 | -12.8% |
| 2008 | 3.01 | -2.5% |
| 2009 | 2.87 | -4.6% |
| 2010 | 2.74 | -4.5% |
| 2011 | 2.74 | +0.1% |
| 2012 | 2.59 | -5.7% |
| 2013 | 2.24 | -13.4% |
| 2014 | 2.02 | -9.9% |
| 2015 | 1.79 | -11.6% |
| 2016 | 1.6 | -10.4% |
| 2017 | 1.56 | -2.8% |
| 2018 | 0.7155 | -54.0% |
| 2019 | 0.4025 | -43.7% |
| 2020 | 0.2939 | -27.0% |
| 2021 | 0.232 | -21.0% |
| 2022 | 0.2037 | -12.2% |
| 2023 | 0.2384 | +17.0% |
| 2024 | 0.2691 | +12.9% |
Dominican Republic compared with similar countries
- Dominican Republic's 0.2691 is below the median for upper middle income countries, which is 1.91, 14% of the median. (25 countries reporting)
- Dominican Republic's 0.2691 is below the median for Latin America & Caribbean, which is 1.66, 16% of the median. (28 countries reporting)
Biggest year-on-year movements
Years where Savings 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 |
|---|---|---|---|
| 2018 | -54.0% | 1.56 | 0.7155 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.01 | 4.5 | 6.2 | 9 |
| 2000s | 3.81 | 2.87 | 4.37 | 10 |
| 2010s | 1.84 | 0.4025 | 2.74 | 10 |
| 2020s | 0.2474 | 0.2037 | 0.2939 | 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, percent per annum in Dominican Republic?
- Savings rate, percent per annum in Dominican Republic was 0.2691 in 2024, according to International Monetary Fund.
- What is the highest savings rate, percent per annum recorded in Dominican Republic?
- The highest recorded value was 6.2 in 1991.
- What is the lowest savings rate, percent per annum recorded in Dominican Republic?
- The lowest recorded value was 0.2037 in 2022.
- How does Dominican Republic rank for savings rate, percent per annum?
- Dominican Republic ranks 58th out of 63 countries with data for 2024.
- Is savings rate, percent per annum rising or falling in Dominican Republic?
- Over the last ten years it is down 86.7%. 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, 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.