External debt as a share of gross national income in Dominican Republic
Dominican Republic: External debt as a share of gross national income was 45.3% in 2024. ▲ Rising
External debt as a share of gross national income in Dominican Republic, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, external debt as a share of gross national income in Dominican Republic stood at 45.3%.
That represents a change of down 0.1% on the previous year and up 10.0% over ten years.
Over the whole period, external debt as a share of gross national income in Dominican Republic peaked at 54.3% in 2020 and was at its lowest, 19.9%, in 2000.
That places Dominican Republic 58th out of 121 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
External debt as a share of gross national income in Dominican Republic, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 19.9% | — |
| 2001 | 21.3% | +7.2% |
| 2002 | 25.3% | +18.9% |
| 2003 | 36.4% | +43.8% |
| 2004 | 38.1% | +4.8% |
| 2005 | 22.9% | -40.0% |
| 2006 | 25.6% | +11.8% |
| 2007 | 25.7% | +0.5% |
| 2008 | 22.9% | -11.0% |
| 2009 | 25.5% | +11.4% |
| 2010 | 26.0% | +2.1% |
| 2011 | 27.1% | +4.2% |
| 2012 | 38.0% | +40.2% |
| 2013 | 40.2% | +5.8% |
| 2014 | 41.2% | +2.5% |
| 2015 | 39.3% | -4.6% |
| 2016 | 39.1% | -0.4% |
| 2017 | 39.1% | +0.0% |
| 2018 | 39.2% | +0.2% |
| 2019 | 41.2% | +5.3% |
| 2020 | 54.3% | +31.6% |
| 2021 | 48.7% | -10.3% |
| 2022 | 44.2% | -9.1% |
| 2023 | 45.4% | +2.6% |
| 2024 | 45.3% | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 26.4% | 19.9% | 38.1% | 10 |
| 2010s | 37.1% | 26.0% | 41.2% | 10 |
| 2020s | 47.6% | 44.2% | 54.3% | 5 |
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)
- Industry (including construction), value added (constant 2015 US$) 0.2153 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2152 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 2,379 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 0.2159 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 10.89 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 120,470 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 3.01 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.601 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is external debt as a share of gross national income in Dominican Republic?
- External debt as a share of gross national income in Dominican Republic was 45.3% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest external debt as a share of gross national income recorded in Dominican Republic?
- The highest recorded value was 54.3% in 2020.
- What is the lowest external debt as a share of gross national income recorded in Dominican Republic?
- The lowest recorded value was 19.9% in 2000.
- How does Dominican Republic rank for external debt as a share of gross national income?
- Dominican Republic ranks 58th out of 121 countries with data for 2024.
- Is external debt as a share of gross national income rising or falling in Dominican Republic?
- Over the last ten years it is up 10.0%. The long-run trend across the full record is rising.
- Where does this Dominican Republic data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of External debt as a share of gross national income. Statizoid updates them automatically from the source API.
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About this data
External debt stocks as a proportion of GNI (%).