Real interest rate in Dominican Republic
Dominican Republic: Real interest rate was 10.5% in 2024. ◆ Volatile
Real interest rate in Dominican Republic, 1991–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
The most recent figure for real interest rate in Dominican Republic is 10.5%, measured in 2024.
That represents a change of up 28.8% on the previous year and up 13.3% over ten years.
Over the whole period, real interest rate in Dominican Republic peaked at 23.7% in 1993 and was at its lowest, -33.4%, in 1991.
That places Dominican Republic 24th out of 148 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12.9% | -33.4% | 23.7% | 9 |
| 2000s | 10.3% | -8.6% | 18.3% | 10 |
| 2010s | 9.2% | 6.4% | 12.8% | 10 |
| 2020s | 5.7% | 2.1% | 10.5% | 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)
- Claims on central government, etc. 26.8% (2025)
- Monetary Sector credit to private sector 31.9% (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 real interest rate in Dominican Republic?
- Real interest rate in Dominican Republic was 10.5% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest real interest rate recorded in Dominican Republic?
- The highest recorded value was 23.7% in 1993.
- What is the lowest real interest rate recorded in Dominican Republic?
- The lowest recorded value was -33.4% in 1991.
- How does Dominican Republic rank for real interest rate?
- Dominican Republic ranks 24th out of 148 countries with data for 2024.
- Is real interest rate rising or falling in Dominican Republic?
- Over the last ten years it is up 13.3%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Real interest rate (%). Statizoid updates them automatically from the source API.
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About this data
An interest rate is the amount charged, expressed as a percentage of the principal over a period of time, by the owners of certain kinds of financial assets for putting the financial assets at the disposal of another institutional unit. The real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability. This indicator is expressed as a percentage (a÷b)*100.