Volume of remittances (in United States dollars) as a proportion of in Dominican Republic
Dominican Republic: Volume of remittances (in United States dollars) as a proportion of was 9.0% in 2024. ▲ Rising
Volume of remittances (in United States dollars) as a proportion of in Dominican Republic, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Dominican Republic recorded 9.0% for volume of remittances (in united states dollars) as a proportion of in 2024.
Compared with earlier readings it is up 2.7% on the previous year and up 26.1% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Dominican Republic peaked at 11.3% in 2021 and was at its lowest, 7.0%, in 2012.
That places Dominican Republic 37th out of 203 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Dominican Republic, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 7.6% | — |
| 2001 | 7.7% | +2.3% |
| 2002 | 8.1% | +4.5% |
| 2003 | 10.9% | +34.4% |
| 2004 | 11.2% | +3.1% |
| 2005 | 7.6% | -32.2% |
| 2006 | 8.1% | +6.1% |
| 2007 | 7.7% | -4.2% |
| 2008 | 7.5% | -3.0% |
| 2009 | 7.1% | -5.6% |
| 2010 | 7.2% | +2.0% |
| 2011 | 7.3% | +1.3% |
| 2012 | 7.0% | -3.8% |
| 2013 | 7.2% | +1.9% |
| 2014 | 7.2% | +0.1% |
| 2015 | 7.3% | +2.0% |
| 2016 | 7.3% | -0.4% |
| 2017 | 7.8% | +7.2% |
| 2018 | 8.0% | +2.7% |
| 2019 | 8.3% | +3.8% |
| 2020 | 10.6% | +27.4% |
| 2021 | 11.3% | +6.8% |
| 2022 | 9.1% | -20.0% |
| 2023 | 8.8% | -2.7% |
| 2024 | 9.0% | +2.7% |
Dominican Republic compared with similar countries
- Dominican Republic's 9.0% is above the median for upper middle income countries, which is 3.6%, 2.5× the median. (53 countries reporting)
- Dominican Republic's 9.0% is above the median for Latin America & Caribbean, which is 2.8%, 3.2× the median. (35 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) as a proportion of 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 |
|---|---|---|---|
| 2005 | -32.2% | 11.2% | 7.6% |
| 2003 | +34.4% | 8.1% | 10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8.3% | 7.1% | 11.2% | 10 |
| 2010s | 7.5% | 7.0% | 8.3% | 10 |
| 2020s | 9.8% | 8.8% | 11.3% | 5 |
Countries ranked near Dominican Republic
- 34 Guinea-Bissau 9.8% compare
- 35 Sao Tome and Principe 9.7% compare
- 36 Pakistan 9.4% compare
- 38 Philippines 8.7% compare
- 39 Togo 8.7% compare
- 40 Zimbabwe 8.4% 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)
- 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 volume of remittances (in united states dollars) as a proportion of in Dominican Republic?
- Volume of remittances (in united states dollars) as a proportion of in Dominican Republic was 9.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Dominican Republic?
- The highest recorded value was 11.3% in 2021.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Dominican Republic?
- The lowest recorded value was 7.0% in 2012.
- How does Dominican Republic rank for volume of remittances (in united states dollars) as a proportion of?
- Dominican Republic ranks 37th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Dominican Republic?
- Over the last ten years it is up 26.1%. 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 Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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