Current account balance as a share of GDP in Dominican Republic
Dominican Republic: Current account balance as a share of GDP was -3.4% in 2024. ◆ Volatile
Current account balance as a share of GDP in Dominican Republic, 2000–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for current account balance as a share of gdp in Dominican Republic is -3.4%, measured in 2024.
The figure is up 8.7% on the previous year and down 3.4% over ten years.
Over the whole period, current account balance as a share of gdp in Dominican Republic peaked at 4.8% in 2003 and was at its lowest, -9.4%, in 2008.
That places Dominican Republic 125th out of 193 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.
Current account balance as a share of GDP in Dominican Republic, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -4.2% | — |
| 2001 | -2.9% | -31.5% |
| 2002 | -2.9% | +1.7% |
| 2003 | 4.8% | -264.6% |
| 2004 | 4.7% | -3.5% |
| 2005 | -1.3% | -128.3% |
| 2006 | -3.4% | +157.6% |
| 2007 | -4.9% | +45.0% |
| 2008 | -9.4% | +90.7% |
| 2009 | -4.8% | -49.1% |
| 2010 | -7.5% | +56.5% |
| 2011 | -7.5% | +0.5% |
| 2012 | -6.6% | -12.8% |
| 2013 | -4.1% | -37.3% |
| 2014 | -3.2% | -21.2% |
| 2015 | -1.8% | -44.4% |
| 2016 | -1.1% | -40.0% |
| 2017 | -0.2% | -84.3% |
| 2018 | -1.6% | +811.8% |
| 2019 | -1.3% | -14.2% |
| 2020 | -1.7% | +27.1% |
| 2021 | -2.8% | +67.5% |
| 2022 | -5.8% | +103.9% |
| 2023 | -3.7% | -36.4% |
| 2024 | -3.4% | -8.7% |
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
- 122 Kazakhstan -2.7% compare
- 123 Tanzania, United Republic of -3.0% compare
- 124 Brazil -3.0% compare
- 126 Venezuela, Bolivarian Republic of -3.4% compare
- 127 Paraguay -3.4% compare
- 128 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)
- Gross capital formation (current US$), annual growth rate -6.2 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.247 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 2,732 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate -2.38 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 15.31 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 169,349 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -4.36 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2203 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is current account balance as a share of gdp in Dominican Republic?
- Current account balance as a share of gdp in Dominican Republic was -3.4% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest current account balance as a share of gdp recorded in Dominican Republic?
- The highest recorded value was 4.8% in 2003.
- What is the lowest current account balance as a share 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 share of gdp?
- Dominican Republic ranks 125th out of 193 countries with data for 2024.
- Is current account balance as a share of gdp rising or falling in Dominican Republic?
- Over the last ten years it is down 3.4%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Current account balance as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Current account balance as a proportion of GDP (%).