Public and publicly guaranteed debt service in Dominican Republic
Dominican Republic: Public and publicly guaranteed debt service was 3.6% in 2024. ▲ Rising
Public and publicly guaranteed debt service in Dominican Republic, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Dominican Republic recorded 3.6% for public and publicly guaranteed debt service in 2024.
The figure is down 0.3% on the previous year and up 27.9% over ten years.
Over the whole period, public and publicly guaranteed debt service in Dominican Republic peaked at 5.6% in 2020 and was at its lowest, 0.9%, in 1970.
That places Dominican Republic 31st out of 123 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Public and publicly guaranteed debt service in Dominican Republic, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 0.9% | — |
| 1971 | 1.2% | +35.0% |
| 1972 | 0.9% | -22.0% |
| 1973 | 1.4% | +47.3% |
| 1974 | 1.3% | -9.2% |
| 1975 | 1.5% | +17.3% |
| 1976 | 1.5% | +3.2% |
| 1977 | 1.6% | +7.8% |
| 1978 | 2.0% | +19.4% |
| 1979 | 4.5% | +131.1% |
| 1980 | 2.4% | -46.5% |
| 1981 | 3.2% | +33.0% |
| 1982 | 3.3% | +1.1% |
| 1983 | 2.5% | -22.1% |
| 1984 | 1.5% | -40.5% |
| 1985 | 4.4% | +190.0% |
| 1986 | 4.7% | +8.2% |
| 1987 | 3.4% | -28.8% |
| 1988 | 4.9% | +44.0% |
| 1989 | 3.0% | -39.0% |
| 1990 | 2.2% | -27.3% |
| 1991 | 1.9% | -10.2% |
| 1992 | 2.6% | +36.6% |
| 1993 | 2.2% | -16.4% |
| 1994 | 3.3% | +48.6% |
| 1995 | 2.1% | -35.7% |
| 1996 | 2.0% | -6.4% |
| 1997 | 1.9% | -3.1% |
| 1998 | 1.5% | -19.6% |
| 1999 | 1.6% | +4.4% |
| 2000 | 2.0% | +27.3% |
| 2001 | 2.4% | +15.2% |
| 2002 | 2.2% | -6.5% |
| 2003 | 3.3% | +50.3% |
| 2004 | 3.7% | +11.7% |
| 2005 | 2.0% | -46.2% |
| 2006 | 3.3% | +66.3% |
| 2007 | 2.9% | -11.7% |
| 2008 | 2.5% | -14.2% |
| 2009 | 2.6% | +4.6% |
| 2010 | 2.2% | -16.7% |
| 2011 | 2.3% | +3.5% |
| 2012 | 1.8% | -18.5% |
| 2013 | 2.4% | +28.7% |
| 2014 | 2.8% | +18.8% |
| 2015 | 5.2% | +83.9% |
| 2016 | 2.5% | -52.5% |
| 2017 | 2.0% | -17.9% |
| 2018 | 2.1% | +4.5% |
| 2019 | 2.3% | +9.7% |
| 2020 | 5.6% | +142.5% |
| 2021 | 2.5% | -56.3% |
| 2022 | 2.9% | +17.8% |
| 2023 | 3.6% | +25.1% |
| 2024 | 3.6% | -0.3% |
Dominican Republic compared with similar countries
- Dominican Republic's 3.6% is above the median for upper middle income countries, which is 2.9%, 1.3× the median. (52 countries reporting)
- Dominican Republic's 3.6% is above the median for Latin America & Caribbean, which is 3.4%, 1.1× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.7% | 0.9% | 4.5% | 10 |
| 1980s | 3.3% | 1.5% | 4.9% | 10 |
| 1990s | 2.1% | 1.5% | 3.3% | 10 |
| 2000s | 2.7% | 2.0% | 3.7% | 10 |
| 2010s | 2.6% | 1.8% | 5.2% | 10 |
| 2020s | 3.6% | 2.5% | 5.6% | 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)
- 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)
- Net financial flows, IDA (NFL, current US$), per square kilometre -8.09 NFL, current US$ per square kilometre (2022)
Frequently asked questions
- What is public and publicly guaranteed debt service in Dominican Republic?
- Public and publicly guaranteed debt service in Dominican Republic was 3.6% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Dominican Republic?
- The highest recorded value was 5.6% in 2020.
- What is the lowest public and publicly guaranteed debt service recorded in Dominican Republic?
- The lowest recorded value was 0.9% in 1970.
- How does Dominican Republic rank for public and publicly guaranteed debt service?
- Dominican Republic ranks 31st out of 123 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Dominican Republic?
- Over the last ten years it is up 27.9%. 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 Public and publicly guaranteed debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to gross national income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.