Total debt service in Dominican Republic
Dominican Republic: Total debt service was 5.6% in 2024. ▲ Rising
Total debt service in Dominican Republic, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Dominican Republic recorded 5.6% for total debt service in 2024.
The figure is up 25.2% on the previous year and up 10.9% over ten years.
Over the whole period, total debt service in Dominican Republic peaked at 8.3% in 2020 and was at its lowest, 1.8%, in 1999.
That places Dominican Republic 44th out of 122 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
Total debt service in Dominican Republic, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 3.1% | — |
| 1971 | 3.1% | -0.8% |
| 1972 | 2.9% | -7.9% |
| 1973 | 3.5% | +22.5% |
| 1974 | 2.5% | -30.3% |
| 1975 | 3.1% | +27.5% |
| 1976 | 2.9% | -8.6% |
| 1977 | 3.2% | +12.4% |
| 1978 | 3.6% | +13.1% |
| 1979 | 5.9% | +62.5% |
| 1980 | 5.9% | -0.7% |
| 1981 | 5.5% | -5.8% |
| 1982 | 5.0% | -9.4% |
| 1983 | 4.2% | -15.3% |
| 1984 | 2.4% | -43.1% |
| 1985 | 6.5% | +171.3% |
| 1986 | 6.5% | -0.8% |
| 1987 | 5.7% | -12.7% |
| 1988 | 6.8% | +20.8% |
| 1989 | 5.2% | -24.3% |
| 1990 | 3.5% | -31.7% |
| 1991 | 2.9% | -18.3% |
| 1992 | 3.2% | +10.0% |
| 1993 | 2.7% | -15.7% |
| 1994 | 3.7% | +36.7% |
| 1995 | 2.6% | -28.4% |
| 1996 | 2.6% | -0.9% |
| 1997 | 2.4% | -7.3% |
| 1998 | 1.8% | -23.6% |
| 1999 | 1.8% | -0.7% |
| 2000 | 2.3% | +24.3% |
| 2001 | 2.6% | +13.0% |
| 2002 | 2.6% | +1.7% |
| 2003 | 4.5% | +70.6% |
| 2004 | 3.9% | -13.1% |
| 2005 | 2.2% | -44.2% |
| 2006 | 3.9% | +81.1% |
| 2007 | 3.7% | -4.6% |
| 2008 | 3.3% | -13.0% |
| 2009 | 3.0% | -7.0% |
| 2010 | 2.7% | -9.2% |
| 2011 | 2.9% | +4.8% |
| 2012 | 4.5% | +55.1% |
| 2013 | 4.8% | +6.8% |
| 2014 | 5.1% | +6.1% |
| 2015 | 7.7% | +52.2% |
| 2016 | 4.8% | -37.7% |
| 2017 | 4.0% | -16.0% |
| 2018 | 3.6% | -10.0% |
| 2019 | 4.3% | +19.6% |
| 2020 | 8.3% | +92.2% |
| 2021 | 3.9% | -52.8% |
| 2022 | 3.4% | -13.7% |
| 2023 | 4.5% | +32.1% |
| 2024 | 5.6% | +25.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.4% | 2.5% | 5.9% | 10 |
| 1980s | 5.4% | 2.4% | 6.8% | 10 |
| 1990s | 2.7% | 1.8% | 3.7% | 10 |
| 2000s | 3.2% | 2.2% | 4.5% | 10 |
| 2010s | 4.4% | 2.7% | 7.7% | 10 |
| 2020s | 5.1% | 3.4% | 8.3% | 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)
- Final consumption expenditure (constant 2015 US$), per capita 7,359 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 0.5536 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.04 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 11,525 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 4.64 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 64.6 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 714,417 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 0.6126 % change on previous year (2025)
Frequently asked questions
- What is total debt service in Dominican Republic?
- Total debt service in Dominican Republic was 5.6% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest total debt service recorded in Dominican Republic?
- The highest recorded value was 8.3% in 2020.
- What is the lowest total debt service recorded in Dominican Republic?
- The lowest recorded value was 1.8% in 1999.
- How does Dominican Republic rank for total debt service?
- Dominican Republic ranks 44th out of 122 countries with data for 2024.
- Is total debt service rising or falling in Dominican Republic?
- Over the last ten years it is up 10.9%. The long-run trend across the full record is rising.
- Where does this Dominican Republic data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Total debt service (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF.