Services balance (credit less debit), Net (credits less debits) in Dominican Republic
Dominican Republic: Services balance (credit less debit), Net (credits less debits) was 8.35 billion in 2024. ▲ Rising
Services balance (credit less debit), Net (credits less debits) in Dominican Republic, 2005–2024
Source: International Monetary Fund.
Analysis
Dominican Republic recorded 8.35 billion for services balance (credit less debit), net (credits less debits) in 2024. That is the highest value across all 20 years on record.
That represents a change of up 16.0% on the previous year and up 104.6% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Dominican Republic peaked at 8.35 billion in 2024 and was at its lowest, 1.39 billion, in 2020.
Dominican Republic ranks 26th of 197 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Services balance (credit less debit), Net (credits less debits) in Dominican Republic, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 4.70 billion | — |
| 2006 | 5.05 billion | +7.3% |
| 2007 | 5.08 billion | +0.6% |
| 2008 | 4.89 billion | -3.8% |
| 2009 | 4.44 billion | -9.2% |
| 2010 | 2.87 billion | -35.4% |
| 2011 | 2.92 billion | +2.0% |
| 2012 | 3.20 billion | +9.5% |
| 2013 | 3.63 billion | +13.5% |
| 2014 | 4.08 billion | +12.4% |
| 2015 | 4.37 billion | +7.0% |
| 2016 | 4.94 billion | +13.1% |
| 2017 | 5.55 billion | +12.4% |
| 2018 | 5.50 billion | -1.0% |
| 2019 | 5.06 billion | -8.0% |
| 2020 | 1.39 billion | -72.5% |
| 2021 | 3.71 billion | +166.5% |
| 2022 | 5.49 billion | +48.2% |
| 2023 | 7.20 billion | +31.1% |
| 2024 | 8.35 billion | +16.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.83 billion | 4.44 billion | 5.08 billion | 5 |
| 2010s | 4.21 billion | 2.87 billion | 5.55 billion | 10 |
| 2020s | 5.23 billion | 1.39 billion | 8.35 billion | 5 |
Countries ranked near Dominican Republic
More financial sector data for Dominican Republic
- Total reserves (gold at national valuation) (SDR), annual growth rate 4.47 % change on previous year (2025)
- Total reserves (gold at national valuation) (SDR), per capita 936.73 SDR per person (2025)
- Total reserves in months of imports, annual growth rate 8.11 % change on previous year (2025)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2025)
- Total reserves in months of imports, per capita 0 units per person (2025)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate 4.37 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.0835 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 923.54 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate 4.28 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 931.67 SDR per person (2025)
Frequently asked questions
- What is services balance (credit less debit), net (credits less debits) in Dominican Republic?
- Services balance (credit less debit), net (credits less debits) in Dominican Republic was 8.35 billion in 2024, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Dominican Republic?
- The highest recorded value was 8.35 billion in 2024.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Dominican Republic?
- The lowest recorded value was 1.39 billion in 2020.
- How does Dominican Republic rank for services balance (credit less debit), net (credits less debits)?
- Dominican Republic ranks 26th out of 197 countries with data for 2024.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Dominican Republic?
- Over the last ten years it is up 104.6%. The long-run trend across the full record is rising.
- Where does this Dominican Republic data come from?
- The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.