Lending interest rate in Dominican Republic
Dominican Republic: Lending interest rate was 15.3% in 2024. ▼ Falling
Lending interest rate in Dominican Republic, 1991–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for lending interest rate in Dominican Republic is 15.3%, measured in 2024.
Compared with earlier readings it is up 5.7% on the previous year and up 9.7% over ten years.
Over the whole period, lending interest rate in Dominican Republic peaked at 35.3% in 1991 and was at its lowest, 9.6%, in 2021.
Dominican Republic ranks 32nd of 148 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 | 27.6% | 21.0% | 35.3% | 9 |
| 2000s | 23.9% | 15.8% | 32.6% | 10 |
| 2010s | 14.0% | 12.1% | 15.6% | 10 |
| 2020s | 12.4% | 9.6% | 15.3% | 5 |
Countries ranked near Dominican Republic
More financial sector data for Dominican Republic
- Net migration -35,306 (2025)
- Total reserves in months of imports 3.97 (2025)
- Net domestic credit 3.82 trillion current LCU (2025)
- Domestic credit to private sector by banks 31.8% (2025)
- Net foreign assets 793.12 billion current LCU (2025)
- Claims on central government, etc. 26.8% (2025)
- Monetary Sector credit to private sector 31.9% (2025)
- Domestic credit to private sector 32.8% (2025)
- Broad money 41.3% (2025)
- Official exchange rate 61.99 LCU per US$, period average (2025)
Frequently asked questions
- What is lending interest rate in Dominican Republic?
- Lending interest rate in Dominican Republic was 15.3% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Dominican Republic?
- The highest recorded value was 35.3% in 1991.
- What is the lowest lending interest rate recorded in Dominican Republic?
- The lowest recorded value was 9.6% in 2021.
- How does Dominican Republic rank for lending interest rate?
- Dominican Republic ranks 32nd out of 148 countries with data for 2024.
- Is lending interest rate rising or falling in Dominican Republic?
- Over the last ten years it is up 9.7%. 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 Lending 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
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.