Short-term debt in Dominican Republic
Dominican Republic: Short-term debt was 30.8% in 2024. ◆ Volatile
Latest (2024)
30.8%
Change on year
up 20.7%
World rank
48th
of 112 countries
All-time high
1,141.4%
in 1990
All-time low
0.3%
in 1974
Years of data
55
1970–2024
Short-term debt in Dominican Republic, 1970–2024
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
In 2024, short-term debt in Dominican Republic stood at 30.8%.
That represents a change of up 20.7% on the previous year and down 39.8% over ten years.
Over the whole period, short-term debt in Dominican Republic peaked at 1,141.4% in 1990 and was at its lowest, 0.3%, in 1974.
That places Dominican Republic 48th out of 112 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 total reserves | Change |
|---|---|---|
| 1970 | 0.6% | — |
| 1971 | 1.5% | +132.6% |
| 1972 | 1.8% | +21.4% |
| 1973 | 0.6% | -66.7% |
| 1974 | 0.3% | -52.7% |
| 1975 | 0.5% | +76.3% |
| 1976 | 1.5% | +207.6% |
| 1977 | 84.8% | +5481.5% |
| 1978 | 145.4% | +71.4% |
| 1979 | 107.7% | -25.9% |
| 1980 | 172.2% | +59.8% |
| 1981 | 226.5% | +31.6% |
| 1982 | 311.3% | +37.4% |
| 1983 | 148.4% | -52.3% |
| 1984 | 143.2% | -3.5% |
| 1985 | 105.1% | -26.6% |
| 1986 | 80.1% | -23.8% |
| 1987 | 150.1% | +87.4% |
| 1988 | 142.8% | -4.8% |
| 1989 | 287.2% | +101.1% |
| 1990 | 1,141.4% | +297.4% |
| 1991 | 125.4% | -89.0% |
| 1992 | 135.8% | +8.3% |
| 1993 | 126.3% | -7.0% |
| 1994 | 166.3% | +31.6% |
| 1995 | 165.3% | -0.6% |
| 1996 | 198.0% | +19.8% |
| 1997 | 189.3% | -4.4% |
| 1998 | 170.6% | -9.9% |
| 1999 | 149.7% | -12.2% |
| 2000 | 180.9% | +20.8% |
| 2001 | 113.7% | -37.1% |
| 2002 | 413.5% | +263.6% |
| 2003 | 369.0% | -10.8% |
| 2004 | 110.8% | -70.0% |
| 2005 | 46.0% | -58.5% |
| 2006 | 61.3% | +33.4% |
| 2007 | 81.5% | +32.8% |
| 2008 | 72.0% | -11.6% |
| 2009 | 49.0% | -31.9% |
| 2010 | 45.3% | -7.6% |
| 2011 | 43.7% | -3.4% |
| 2012 | 49.3% | +12.6% |
| 2013 | 37.3% | -24.3% |
| 2014 | 51.1% | +37.1% |
| 2015 | 60.4% | +18.1% |
| 2016 | 49.8% | -17.6% |
| 2017 | 29.1% | -41.5% |
| 2018 | 28.3% | -2.7% |
| 2019 | 28.4% | +0.0% |
| 2020 | 20.0% | -29.4% |
| 2021 | 17.6% | -12.1% |
| 2022 | 22.1% | +25.7% |
| 2023 | 25.5% | +15.2% |
| 2024 | 30.8% | +20.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 34.5% | 0.3% | 145.4% | 10 |
| 1980s | 176.7% | 80.1% | 311.3% | 10 |
| 1990s | 256.8% | 125.4% | 1,141.4% | 10 |
| 2000s | 149.8% | 46.0% | 413.5% | 10 |
| 2010s | 42.3% | 28.3% | 60.4% | 10 |
| 2020s | 23.2% | 17.6% | 30.8% | 5 |
Countries ranked near Dominican Republic
- 45 Bolivia, Plurinational State of 32.1% compare
- 46 Mozambique 31.5% compare
- 47 Kyrgyzstan 31.4% compare
- 49 Colombia 30.8% compare
- 50 Malawi 30.0% compare
- 51 Thailand 29.3% 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)
- Exports of goods and services (current LCU), annual growth rate 10.77 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 14.65 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 162,056 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 3.91 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.195 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 2,157 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate -2.4 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2487 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is short-term debt in Dominican Republic?
- Short-term debt in Dominican Republic was 30.8% in 2024, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Dominican Republic?
- The highest recorded value was 1,141.4% in 1990.
- What is the lowest short-term debt recorded in Dominican Republic?
- The lowest recorded value was 0.3% in 1974.
- How does Dominican Republic rank for short-term debt?
- Dominican Republic ranks 48th out of 112 countries with data for 2024.
- Is short-term debt rising or falling in Dominican Republic?
- Over the last ten years it is down 39.8%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.