Deposit interest rate in Dominican Republic
Dominican Republic: Deposit interest rate was 9.8% in 2024. ▼ Falling
Deposit interest rate in Dominican Republic, 1991–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for deposit interest rate in Dominican Republic is 9.8%, measured in 2024.
The figure is up 6.6% on the previous year and up 52.7% over ten years.
Over the whole period, deposit interest rate in Dominican Republic peaked at 21.1% in 2004 and was at its lowest, 2.5%, in 2021.
Dominican Republic ranks 18th of 152 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 34 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.6% | 13.4% | 20.0% | 9 |
| 2000s | 14.0% | 6.9% | 21.1% | 10 |
| 2010s | 6.3% | 4.8% | 7.6% | 10 |
| 2020s | 6.6% | 2.5% | 9.8% | 5 |
Countries ranked near Dominican Republic
More financial sector data for Dominican Republic
- Domestic credit to private sector 32.8% (2025)
- Net domestic credit 3.82 trillion current LCU (2025)
- Total reserves in months of imports 3.97 (2025)
- Net foreign assets 793.12 billion current LCU (2025)
- Domestic credit to private sector by banks 31.8% (2025)
- Monetary Sector credit to private sector 31.9% (2025)
- Claims on central government, etc. 26.8% (2025)
- Broad money 41.3% (2025)
- Official exchange rate 61.99 LCU per US$, period average (2025)
- Net migration -35,306 (2025)
Frequently asked questions
- What is deposit interest rate in Dominican Republic?
- Deposit interest rate in Dominican Republic was 9.8% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest deposit interest rate recorded in Dominican Republic?
- The highest recorded value was 21.1% in 2004.
- What is the lowest deposit interest rate recorded in Dominican Republic?
- The lowest recorded value was 2.5% in 2021.
- How does Dominican Republic rank for deposit interest rate?
- Dominican Republic ranks 18th out of 152 countries with data for 2024.
- Is deposit interest rate rising or falling in Dominican Republic?
- Over the last ten years it is up 52.7%. The long-run trend across the full record is falling.
- Where does this Dominican Republic data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Deposit interest rate (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.