Debt service (PPG and IMF only, % of exports of goods, services and) in Dominican Republic
Dominican Republic: Debt service (PPG and IMF only, % of exports of goods, services and) was 15.4% in 2024. ▲ Rising
Debt service (PPG and IMF only, % of exports of goods, services and) in Dominican Republic, 1970–2024
Source: International Debt Statistics, World Bank (WB).
Analysis
The most recent figure for debt service (ppg and imf only, % of exports of goods, services and) in Dominican Republic is 15.4%, measured in 2024.
Compared with earlier readings it is down 4.6% on the previous year and up 18.9% over ten years.
Over the whole period, debt service (ppg and imf only, % of exports of goods, services and) in Dominican Republic peaked at 27.3% in 2020 and was at its lowest, 5.0%, in 1974.
Dominican Republic ranks 19th of 118 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Debt service (PPG and IMF only, % of exports of goods, services and) in Dominican Republic, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 7.1% | — |
| 1971 | 8.0% | +12.0% |
| 1972 | 6.5% | -19.3% |
| 1973 | 9.6% | +49.4% |
| 1974 | 5.0% | -48.3% |
| 1975 | 6.5% | +30.5% |
| 1976 | 7.0% | +8.0% |
| 1977 | 8.0% | +14.1% |
| 1978 | 11.2% | +39.3% |
| 1979 | 23.0% | +105.6% |
| 1980 | 17.4% | -24.5% |
| 1981 | 17.1% | -1.2% |
| 1982 | 23.9% | +39.6% |
| 1983 | 19.6% | -18.1% |
| 1984 | 14.3% | -26.9% |
| 1985 | 19.2% | +33.8% |
| 1986 | 24.2% | +26.2% |
| 1987 | 17.2% | -29.0% |
| 1988 | 16.4% | -4.7% |
| 1989 | 14.1% | -13.9% |
| 1990 | 11.1% | -21.5% |
| 1991 | 12.1% | +9.1% |
| 1992 | 16.0% | +32.9% |
| 1993 | 9.7% | -39.4% |
| 1994 | 13.9% | +42.6% |
| 1995 | 9.8% | -29.1% |
| 1996 | 9.9% | +0.3% |
| 1997 | 9.1% | -8.2% |
| 1998 | 7.0% | -22.1% |
| 1999 | 6.4% | -9.3% |
| 2000 | 7.7% | +21.0% |
| 2001 | 9.9% | +28.6% |
| 2002 | 10.1% | +1.5% |
| 2003 | 10.2% | +1.3% |
| 2004 | 10.5% | +3.0% |
| 2005 | 8.5% | -19.0% |
| 2006 | 14.2% | +66.4% |
| 2007 | 13.2% | -7.0% |
| 2008 | 13.5% | +2.3% |
| 2009 | 15.1% | +11.8% |
| 2010 | 10.1% | -32.9% |
| 2011 | 9.8% | -3.5% |
| 2012 | 7.6% | -21.9% |
| 2013 | 9.9% | +29.9% |
| 2014 | 12.9% | +30.5% |
| 2015 | 22.3% | +72.0% |
| 2016 | 10.2% | -54.2% |
| 2017 | 7.8% | -23.1% |
| 2018 | 8.3% | +6.2% |
| 2019 | 9.3% | +12.2% |
| 2020 | 27.3% | +192.7% |
| 2021 | 10.5% | -61.6% |
| 2022 | 12.2% | +16.2% |
| 2023 | 16.1% | +32.1% |
| 2024 | 15.4% | -4.6% |
Dominican Republic compared with similar countries
- Dominican Republic's 15.4% is above the median for upper middle income countries, which is 7.8%, 2.0× the median. (50 countries reporting)
- Dominican Republic's 15.4% is above the median for Latin America & Caribbean, which is 10.0%, 1.5× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 9.2% | 5.0% | 23.0% | 10 |
| 1980s | 18.3% | 14.1% | 24.2% | 10 |
| 1990s | 10.5% | 6.4% | 16.0% | 10 |
| 2000s | 11.3% | 7.7% | 15.1% | 10 |
| 2010s | 10.8% | 7.6% | 22.3% | 10 |
| 2020s | 16.3% | 10.5% | 27.3% | 5 |
Countries ranked near Dominican Republic
More external debt data for Dominican Republic
- IFC, private nonguaranteed 14.83 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 1.3 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0001 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 1,071 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 3.6% (2024)
- Net financial flows, IDA -390,000 NFL, current US$ (2022)
- Net financial flows, IDA (NFL, current US$), per capita -0.0347 NFL, current US$ per person (2022)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0 NFL, current US$ per US$ of GDP (2022)
- Net financial flows, IBRD 401.61 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 14.2% (2024)
Frequently asked questions
- What is debt service (ppg and imf only, % of exports of goods, services and) in Dominican Republic?
- Debt service (ppg and imf only, % of exports of goods, services and) in Dominican Republic was 15.4% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service (ppg and imf only, % of exports of goods, services and) recorded in Dominican Republic?
- The highest recorded value was 27.3% in 2020.
- What is the lowest debt service (ppg and imf only, % of exports of goods, services and) recorded in Dominican Republic?
- The lowest recorded value was 5.0% in 1974.
- How does Dominican Republic rank for debt service (ppg and imf only, % of exports of goods, services and)?
- Dominican Republic ranks 19th out of 118 countries with data for 2024.
- Is debt service (ppg and imf only, % of exports of goods, services and) rising or falling in Dominican Republic?
- Over the last ten years it is up 18.9%. The long-run trend across the full record is rising.
- Where does this Dominican Republic data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service (PPG and IMF only, % of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Debt service, the sum of principal repayments and interest actually paid in currency, goods, or services, is expressed as a percentage of exports of goods and services--all transactions between residents of a country and the rest of the world involving a change of ownership from residents to nonresidents of general merchandise, net exports of goods under merchanting, nonmonetary gold, and services. This series differs from the standard debt to exports series in that it covers only long-term public and publicly guaranteed debt and repayments (repurchases and charges) to the IMF.