Short-term debt in Dominican Republic
Dominican Republic: Short-term debt was 7.8% in 2024. ◆ Volatile
Short-term debt in Dominican Republic, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
Dominican Republic recorded 7.8% for short-term debt in 2024.
The figure is up 2.4% on the previous year and down 17.8% over ten years.
Over the whole period, short-term debt in Dominican Republic peaked at 29.9% in 2002 and was at its lowest, 0.0%, in 1974.
That places Dominican Republic 67th out of 121 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Dominican Republic, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 0.1% | — |
| 1971 | 0.2% | +260.6% |
| 1972 | 0.2% | +19.6% |
| 1973 | 0.1% | -52.2% |
| 1974 | 0.0% | -57.2% |
| 1975 | 0.1% | +83.1% |
| 1976 | 0.2% | +177.6% |
| 1977 | 14.1% | +5902.8% |
| 1978 | 18.3% | +30.5% |
| 1979 | 19.0% | +3.4% |
| 1980 | 23.1% | +21.6% |
| 1981 | 26.9% | +16.5% |
| 1982 | 20.4% | -24.0% |
| 1983 | 9.9% | -51.5% |
| 1984 | 11.7% | +17.5% |
| 1985 | 10.2% | -12.6% |
| 1986 | 8.2% | -19.8% |
| 1987 | 7.1% | -12.5% |
| 1988 | 9.2% | +28.4% |
| 1989 | 11.8% | +29.0% |
| 1990 | 17.4% | +47.5% |
| 1991 | 12.2% | -29.9% |
| 1992 | 14.6% | +19.2% |
| 1993 | 16.8% | +15.2% |
| 1994 | 9.9% | -41.2% |
| 1995 | 13.6% | +37.7% |
| 1996 | 16.0% | +17.8% |
| 1997 | 17.4% | +8.7% |
| 1998 | 19.3% | +11.1% |
| 1999 | 21.8% | +12.9% |
| 2000 | 24.8% | +13.4% |
| 2001 | 24.1% | -2.7% |
| 2002 | 29.9% | +23.9% |
| 2003 | 14.2% | -52.5% |
| 2004 | 11.7% | -17.4% |
| 2005 | 11.4% | -2.3% |
| 2006 | 15.1% | +32.2% |
| 2007 | 23.1% | +52.5% |
| 2008 | 18.3% | -20.8% |
| 2009 | 14.8% | -19.0% |
| 2010 | 13.0% | -12.2% |
| 2011 | 11.9% | -8.3% |
| 2012 | 7.9% | -33.5% |
| 2013 | 7.3% | -7.8% |
| 2014 | 9.5% | +29.3% |
| 2015 | 11.9% | +25.7% |
| 2016 | 10.8% | -9.3% |
| 2017 | 6.8% | -37.0% |
| 2018 | 6.9% | +1.0% |
| 2019 | 7.2% | +4.4% |
| 2020 | 5.4% | -25.3% |
| 2021 | 5.3% | -1.7% |
| 2022 | 6.7% | +26.4% |
| 2023 | 7.6% | +14.1% |
| 2024 | 7.8% | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.2% | 0.0% | 19.0% | 10 |
| 1980s | 13.8% | 7.1% | 26.9% | 10 |
| 1990s | 15.9% | 9.9% | 21.8% | 10 |
| 2000s | 18.7% | 11.4% | 29.9% | 10 |
| 2010s | 9.3% | 6.8% | 13.0% | 10 |
| 2020s | 6.5% | 5.3% | 7.8% | 5 |
Countries ranked near Dominican Republic
- 64 Nicaragua 8.7% compare
- 65 Uzbekistan 8.1% compare
- 66 Saint Vincent and the Grenadines 8.1% compare
- 68 Sierra Leone 7.5% compare
- 69 Pakistan 7.4% compare
- 70 Yemen 7.2% compare
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 short-term debt in Dominican Republic?
- Short-term debt in Dominican Republic was 7.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Dominican Republic?
- The highest recorded value was 29.9% in 2002.
- What is the lowest short-term debt recorded in Dominican Republic?
- The lowest recorded value was 0.0% in 1974.
- How does Dominican Republic rank for short-term debt?
- Dominican Republic ranks 67th out of 121 countries with data for 2024.
- Is short-term debt rising or falling in Dominican Republic?
- Over the last ten years it is down 17.8%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.