Short-term debt in Dominican Republic
Dominican Republic: Short-term debt was 13.8% in 2024. ◆ Volatile
Short-term debt in Dominican Republic, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
In 2024, short-term debt in Dominican Republic stood at 13.8%.
The figure is down 5.2% on the previous year and down 2.8% over ten years.
Over the whole period, short-term debt in Dominican Republic peaked at 46.3% in 1982 and was at its lowest, 0.0%, in 1974.
That places Dominican Republic 57th out of 119 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.
Short-term debt in Dominican Republic, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 1970 | 0.1% | — |
| 1971 | 0.3% | +260.6% |
| 1972 | 0.3% | -7.6% |
| 1973 | 0.1% | -59.0% |
| 1974 | 0.0% | -63.6% |
| 1975 | 0.1% | +54.4% |
| 1976 | 0.2% | +296.5% |
| 1977 | 17.8% | +7301.0% |
| 1978 | 30.4% | +70.8% |
| 1979 | 27.4% | -10.0% |
| 1980 | 36.6% | +33.7% |
| 1981 | 41.8% | +14.4% |
| 1982 | 46.3% | +10.7% |
| 1983 | 23.9% | -48.5% |
| 1984 | 27.0% | +13.1% |
| 1985 | 27.1% | +0.3% |
| 1986 | 21.4% | -20.8% |
| 1987 | 18.2% | -15.1% |
| 1988 | 19.5% | +7.3% |
| 1989 | 23.7% | +21.5% |
| 1990 | 40.8% | +71.9% |
| 1991 | 28.9% | -29.1% |
| 1992 | 35.0% | +20.9% |
| 1993 | 27.8% | -20.5% |
| 1994 | 12.6% | -54.8% |
| 1995 | 16.0% | +27.3% |
| 1996 | 16.9% | +5.9% |
| 1997 | 15.7% | -7.3% |
| 1998 | 17.5% | +11.5% |
| 1999 | 19.5% | +11.5% |
| 2000 | 18.4% | -5.4% |
| 2001 | 21.5% | +16.8% |
| 2002 | 33.1% | +53.5% |
| 2003 | 15.3% | -53.8% |
| 2004 | 12.6% | -17.3% |
| 2005 | 11.1% | -12.4% |
| 2006 | 15.0% | +35.7% |
| 2007 | 24.0% | +60.1% |
| 2008 | 19.4% | -19.3% |
| 2009 | 20.8% | +7.1% |
| 2010 | 13.8% | -33.8% |
| 2011 | 12.1% | -12.1% |
| 2012 | 11.1% | -7.9% |
| 2013 | 10.7% | -3.9% |
| 2014 | 14.2% | +32.8% |
| 2015 | 18.1% | +27.7% |
| 2016 | 16.4% | -9.6% |
| 2017 | 10.3% | -37.2% |
| 2018 | 10.6% | +2.8% |
| 2019 | 11.9% | +12.2% |
| 2020 | 14.1% | +18.7% |
| 2021 | 10.9% | -22.6% |
| 2022 | 12.3% | +12.9% |
| 2023 | 14.6% | +18.3% |
| 2024 | 13.8% | -5.2% |
Dominican Republic compared with similar countries
- Dominican Republic's 13.8% is below the median for upper middle income countries, which is 17.7%, 78% of the median. (51 countries reporting)
- Dominican Republic's 13.8% is below the median for Latin America & Caribbean, which is 14.1%, 98% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Short-term debt 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 |
|---|---|---|---|
| 1977 | +7301.0% | 0.2% | 17.8% |
| 1976 | +296.5% | 0.1% | 0.2% |
| 1971 | +260.6% | 0.1% | 0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.7% | 0.0% | 30.4% | 10 |
| 1980s | 28.6% | 18.2% | 46.3% | 10 |
| 1990s | 23.1% | 12.6% | 40.8% | 10 |
| 2000s | 19.1% | 11.1% | 33.1% | 10 |
| 2010s | 12.9% | 10.3% | 18.1% | 10 |
| 2020s | 13.1% | 10.9% | 14.6% | 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)
- 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 short-term debt in Dominican Republic?
- Short-term debt in Dominican Republic was 13.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Dominican Republic?
- The highest recorded value was 46.3% in 1982.
- What is the lowest short-term debt recorded in Dominican Republic?
- The lowest recorded value was 0.0% in 1974.
- How does Dominican Republic rank for short-term debt?
- Dominican Republic ranks 57th out of 119 countries with data for 2024.
- Is short-term debt rising or falling in Dominican Republic?
- Over the last ten years it is down 2.8%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.