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% |
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
- Net domestic credit (current LCU), per capita 331,594 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 29.98 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 6.08 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 640,346 SDR (2025)
- Gold reserves at market value 58.35 million SDR (2025)
- Reserves excluding gold, foreign exchange 10.64 billion SDR (2025)
- Reserves excluding gold 10.73 billion SDR (2025)
- Total reserves (gold at market value) 10.79 billion SDR (2025)
- Total reserves (gold at national valuation) 10.79 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 936.73 SDR per person (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.