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.
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
- Arms imports 10.00 million SIPRI trend indicator values (2024)
- Tax revenue 14.7% (2024)
- Taxes on income, profits and capital gains 29.3% (2024)
- Taxes on goods and services 47.9% (2024)
- Net investment in nonfinancial assets 2.0% (2024)
- Net lending (+) / net borrowing (-) -2.9% (2024)
- Interest payments 19.3% (2024)
- Grants and other revenue 11.9% (2024)
- Interest payments 17.5% (2023)
- Other taxes 1.3% (2024)
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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CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.