Current account balance as a proportion of GDP (%) in Dominican Republic
Dominican Republic: Current account balance as a proportion of GDP (%) was -3.4% in 2024. ◆ Volatile
Current account balance as a proportion of GDP in Dominican Republic, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, current account balance as a proportion of gdp in Dominican Republic stood at -3.4%.
The figure is up 8.6% on the previous year and down 3.5% over ten years.
Over the whole period, current account balance as a proportion of gdp in Dominican Republic peaked at 4.8% in 2003 and was at its lowest, -9.4%, in 2008.
Dominican Republic ranks 132nd of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance as a proportion of GDP (%) in Dominican Republic, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -4.2% | — |
| 2001 | -2.9% | -31.5% |
| 2002 | -2.9% | +1.6% |
| 2003 | 4.8% | -264.7% |
| 2004 | 4.7% | -3.6% |
| 2005 | -1.3% | -128.3% |
| 2006 | -3.4% | +157.1% |
| 2007 | -4.9% | +45.0% |
| 2008 | -9.4% | +90.7% |
| 2009 | -4.8% | -49.2% |
| 2010 | -7.5% | +56.6% |
| 2011 | -7.5% | +0.6% |
| 2012 | -6.6% | -12.8% |
| 2013 | -4.1% | -37.4% |
| 2014 | -3.2% | -21.1% |
| 2015 | -1.8% | -44.3% |
| 2016 | -1.1% | -40.2% |
| 2017 | -0.2% | -84.4% |
| 2018 | -1.6% | +823.7% |
| 2019 | -1.3% | -14.3% |
| 2020 | -1.7% | +27.0% |
| 2021 | -2.8% | +67.3% |
| 2022 | -5.8% | +103.8% |
| 2023 | -3.7% | -36.4% |
| 2024 | -3.4% | -8.6% |
Dominican Republic compared with similar countries
- Dominican Republic's -3.4% is below the median for upper middle income countries, which is -2.1%, 1.6× the median. (53 countries reporting)
- Dominican Republic's -3.4% is below the median for Latin America & Caribbean, which is -1.6%, 2.1× the median. (35 countries reporting)
Biggest year-on-year movements
Years where Current account balance as a proportion of GDP (%) in Dominican Republic changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | -823.7% | -0.2% | -1.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -2.4% | -9.4% | 4.8% | 10 |
| 2010s | -3.5% | -7.5% | -0.2% | 10 |
| 2020s | -3.5% | -5.8% | -1.7% | 5 |
Countries ranked near Dominican Republic
- 129 Kazakhstan -2.7% compare
- 130 United Republic of Tanzania -3.0% compare
- 131 Brazil -3.0% compare
- 133 Venezuela (Bolivarian Republic of) -3.4% compare
- 134 Paraguay -3.4% compare
- 135 Bosnia and Herzegovina -3.5% compare
More economy & growth data for Dominican Republic
- Real gdp growth, annual growth rate -57.27 % change on previous year (2025)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.27 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.04 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -10.75 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0003 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 3.44 units per person (2025)
- SDRs holdings, SDR, annual growth rate -15.01 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0002 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 2.51 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.54 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Dominican Republic?
- Current account balance as a proportion of gdp in Dominican Republic was -3.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest current account balance as a proportion of gdp recorded in Dominican Republic?
- The highest recorded value was 4.8% in 2003.
- What is the lowest current account balance as a proportion of gdp recorded in Dominican Republic?
- The lowest recorded value was -9.4% in 2008.
- How does Dominican Republic rank for current account balance as a proportion of gdp?
- Dominican Republic ranks 132nd out of 205 countries with data for 2024.
- Is current account balance as a proportion of gdp rising or falling in Dominican Republic?
- Over the last ten years it is down 3.5%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Current account balance as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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