Interest payments in Dominican Republic
Dominican Republic: Interest payments was 250.73 billion current LCU in 2024. ◆ Volatile
Interest payments in Dominican Republic, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Dominican Republic recorded 250.73 billion current LCU for interest payments in 2024. That is the highest value across all 53 years on record.
Compared with earlier readings it is up 17.2% on the previous year and up 258.0% over ten years.
Over the whole period, interest payments in Dominican Republic peaked at 250.73 billion current LCU in 2024 and was at its lowest, 2.50 million current LCU, in 1972.
Dominican Republic ranks 41st of 155 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Dominican Republic, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 2.50 million current LCU | — |
| 1973 | 4.40 million current LCU | +76.0% |
| 1974 | 6.50 million current LCU | +47.7% |
| 1975 | 6.10 million current LCU | -6.2% |
| 1976 | 9.50 million current LCU | +55.7% |
| 1977 | 8.40 million current LCU | -11.6% |
| 1978 | 12.40 million current LCU | +47.6% |
| 1979 | 57.60 million current LCU | +364.5% |
| 1980 | 64.80 million current LCU | +12.5% |
| 1981 | 74.40 million current LCU | +14.8% |
| 1982 | 69.40 million current LCU | -6.7% |
| 1983 | 97.20 million current LCU | +40.1% |
| 1984 | 79.10 million current LCU | -18.6% |
| 1985 | 52.90 million current LCU | -33.1% |
| 1986 | 22.80 million current LCU | -56.9% |
| 1987 | 22.90 million current LCU | +0.4% |
| 1988 | 24.10 million current LCU | +5.2% |
| 1989 | 343.10 million current LCU | +1323.7% |
| 1990 | 281.10 million current LCU | -18.1% |
| 1991 | 734.20 million current LCU | +161.2% |
| 1992 | 648.30 million current LCU | -11.7% |
| 1993 | 1.64 billion current LCU | +153.0% |
| 1994 | 1.30 billion current LCU | -20.7% |
| 1995 | 1.51 billion current LCU | +16.2% |
| 1996 | 1.05 billion current LCU | -30.3% |
| 1997 | 1.11 billion current LCU | +5.6% |
| 1998 | 1.30 billion current LCU | +16.8% |
| 1999 | 1.78 billion current LCU | +36.7% |
| 2000 | 2.46 billion current LCU | +38.2% |
| 2001 | 3.07 billion current LCU | +24.9% |
| 2002 | 4.61 billion current LCU | +50.1% |
| 2003 | 7.87 billion current LCU | +70.9% |
| 2004 | 15.51 billion current LCU | +96.9% |
| 2005 | 12.56 billion current LCU | -19.0% |
| 2006 | 16.45 billion current LCU | +31.0% |
| 2007 | 16.84 billion current LCU | +2.3% |
| 2008 | 25.26 billion current LCU | +50.0% |
| 2009 | 32.01 billion current LCU | +26.7% |
| 2010 | 35.82 billion current LCU | +11.9% |
| 2011 | 44.86 billion current LCU | +25.2% |
| 2012 | 57.19 billion current LCU | +27.5% |
| 2013 | 59.24 billion current LCU | +3.6% |
| 2014 | 70.04 billion current LCU | +18.2% |
| 2015 | 74.26 billion current LCU | +6.0% |
| 2016 | 88.39 billion current LCU | +19.0% |
| 2017 | 96.88 billion current LCU | +9.6% |
| 2018 | 109.69 billion current LCU | +13.2% |
| 2019 | 125.32 billion current LCU | +14.3% |
| 2020 | 144.47 billion current LCU | +15.3% |
| 2021 | 168.57 billion current LCU | +16.7% |
| 2022 | 178.68 billion current LCU | +6.0% |
| 2023 | 213.93 billion current LCU | +19.7% |
| 2024 | 250.73 billion current LCU | +17.2% |
Dominican Republic compared with similar countries
- Dominican Republic's 250.73 billion current LCU is above the median for upper middle income countries, which is 34.20 billion current LCU, 7.3× the median. (48 countries reporting)
- Dominican Republic's 250.73 billion current LCU is above the median for Latin America & Caribbean, which is 12.21 billion current LCU, 20.5× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Interest payments 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 |
|---|---|---|---|
| 1989 | +1323.7% | 24.10 million current LCU | 343.10 million current LCU |
| 1979 | +364.5% | 12.40 million current LCU | 57.60 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.43 million current LCU | 2.50 million current LCU | 57.60 million current LCU | 8 |
| 1980s | 85.07 million current LCU | 22.80 million current LCU | 343.10 million current LCU | 10 |
| 1990s | 1.14 billion current LCU | 281.10 million current LCU | 1.78 billion current LCU | 10 |
| 2000s | 13.66 billion current LCU | 2.46 billion current LCU | 32.01 billion current LCU | 10 |
| 2010s | 76.17 billion current LCU | 35.82 billion current LCU | 125.32 billion current LCU | 10 |
| 2020s | 191.27 billion current LCU | 144.47 billion current LCU | 250.73 billion current LCU | 5 |
Countries ranked near Dominican Republic
More public sector data for Dominican Republic
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
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Frequently asked questions
- What is interest payments in Dominican Republic?
- Interest payments in Dominican Republic was 250.73 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Dominican Republic?
- The highest recorded value was 250.73 billion current LCU in 2024.
- What is the lowest interest payments recorded in Dominican Republic?
- The lowest recorded value was 2.50 million current LCU in 1972.
- How does Dominican Republic rank for interest payments?
- Dominican Republic ranks 41st out of 155 countries with data for 2024.
- Is interest payments rising or falling in Dominican Republic?
- Over the last ten years it is up 258.0%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.