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
Latest (2024)
-3.4%
Change on year
up 8.6%
World rank
131st
of 204 countries
All-time high
4.8%
in 2003
All-time low
-9.4%
in 2008
Years of data
25
2000–2024
Current account balance as a proportion of GDP in Dominican Republic, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
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 131st of 204 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 | Value | 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% |
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
- 128 Kazakhstan -2.7% compare
- 129 United Republic of Tanzania -3.0% compare
- 130 Brazil -3.0% compare
- 132 Venezuela (Bolivarian Republic of) -3.4% compare
- 133 Paraguay -3.4% compare
- 134 Bosnia and Herzegovina -3.5% compare
More economy & growth data for Dominican Republic
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps -114.00 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -9.9 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.92 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 9.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0386 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 426.96 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 9.71 % 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 131st out of 204 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.
Download this data
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