Debt service as a proportion of exports of goods, services and in Dominican Republic
Dominican Republic: Debt service as a proportion of exports of goods, services and was 16.2% in 2023. ▲ Rising
Latest (2023)
16.2%
Change on year
up 32.4%
World rank
18th
of 125 countries
All-time high
27.3%
in 2020
All-time low
7.6%
in 2012
Years of data
24
2000–2023
Debt service as a proportion of exports of goods, services and in Dominican Republic, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for debt service as a proportion of exports of goods, services and in Dominican Republic is 16.2%, measured in 2023.
The figure is up 32.4% on the previous year and up 62.8% over ten years.
Over the whole period, debt service as a proportion of exports of goods, services and in Dominican Republic peaked at 27.3% in 2020 and was at its lowest, 7.6%, in 2012.
Dominican Republic ranks 18th of 125 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 24 years of available data.
Debt service as a proportion of exports of goods, services and in Dominican Republic, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 7.7% | — |
| 2001 | 9.9% | +28.6% |
| 2002 | 10.1% | +1.5% |
| 2003 | 10.2% | +1.3% |
| 2004 | 10.5% | +3.0% |
| 2005 | 8.5% | -19.0% |
| 2006 | 14.2% | +66.4% |
| 2007 | 13.2% | -7.0% |
| 2008 | 13.5% | +2.3% |
| 2009 | 15.1% | +11.8% |
| 2010 | 10.1% | -32.9% |
| 2011 | 9.8% | -3.5% |
| 2012 | 7.6% | -21.9% |
| 2013 | 9.9% | +29.9% |
| 2014 | 12.9% | +30.5% |
| 2015 | 22.3% | +72.0% |
| 2016 | 10.2% | -54.2% |
| 2017 | 7.8% | -23.1% |
| 2018 | 8.3% | +6.2% |
| 2019 | 9.3% | +12.2% |
| 2020 | 27.3% | +192.7% |
| 2021 | 10.5% | -61.6% |
| 2022 | 12.2% | +16.2% |
| 2023 | 16.2% | +32.4% |
Dominican Republic compared with similar countries
- Dominican Republic's 16.2% is above the median for upper middle income countries, which is 7.6%, 2.1× the median. (49 countries reporting)
- Dominican Republic's 16.2% is above the median for Latin America & Caribbean, which is 7.4%, 2.2× the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.3% | 7.7% | 15.1% | 10 |
| 2010s | 10.8% | 7.6% | 22.3% | 10 |
| 2020s | 16.5% | 10.5% | 27.3% | 4 |
Countries ranked near Dominican Republic
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 debt service as a proportion of exports of goods, services and in Dominican Republic?
- Debt service as a proportion of exports of goods, services and in Dominican Republic was 16.2% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest debt service as a proportion of exports of goods, services and recorded in Dominican Republic?
- The highest recorded value was 27.3% in 2020.
- What is the lowest debt service as a proportion of exports of goods, services and recorded in Dominican Republic?
- The lowest recorded value was 7.6% in 2012.
- How does Dominican Republic rank for debt service as a proportion of exports of goods, services and?
- Dominican Republic ranks 18th out of 125 countries with data for 2023.
- Is debt service as a proportion of exports of goods, services and rising or falling in Dominican Republic?
- Over the last ten years it is up 62.8%. The long-run trend across the full record is rising.
- Where does this Dominican Republic data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Debt service as a proportion of exports of goods, services and primary income (%). Statizoid updates them automatically from the source API.
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