Interest payments (% of revenue) in Dominican Republic
Dominican Republic: Interest payments (% of revenue) was 19.3% in 2024. ◆ Volatile
Interest payments in Dominican Republic, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
Dominican Republic recorded 19.3% for interest payments in 2024.
Compared with earlier readings it is up 4.2% on the previous year and up 22.4% over ten years.
Over the whole period, interest payments in Dominican Republic peaked at 21.9% in 2020 and was at its lowest, 0.5%, in 1988.
Dominican Republic ranks 20th of 155 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments (% of revenue) in Dominican Republic, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1972 | 0.7% | — |
| 1973 | 1.1% | +58.8% |
| 1974 | 1.3% | +14.3% |
| 1975 | 0.9% | -31.6% |
| 1976 | 1.5% | +72.7% |
| 1977 | 1.3% | -18.7% |
| 1978 | 1.8% | +45.9% |
| 1979 | 7.9% | +331.1% |
| 1980 | 6.9% | -13.0% |
| 1981 | 7.6% | +10.4% |
| 1982 | 8.5% | +12.1% |
| 1983 | 9.9% | +16.2% |
| 1984 | 6.3% | -36.4% |
| 1985 | 3.1% | -50.9% |
| 1986 | 0.9% | -69.8% |
| 1987 | 0.7% | -19.9% |
| 1988 | 0.5% | -32.7% |
| 1989 | 5.6% | +1012.1% |
| 1990 | 3.8% | -31.2% |
| 1991 | 6.7% | +74.7% |
| 1992 | 3.5% | -47.8% |
| 1993 | 7.8% | +121.9% |
| 1994 | 5.8% | -25.7% |
| 1995 | 5.8% | -0.2% |
| 1996 | 3.8% | -34.5% |
| 1997 | 3.0% | -19.5% |
| 1998 | 3.2% | +4.7% |
| 1999 | 3.9% | +21.6% |
| 2000 | 4.5% | +15.9% |
| 2001 | 4.8% | +7.6% |
| 2002 | 6.6% | +35.8% |
| 2003 | 9.3% | +42.4% |
| 2004 | 11.7% | +24.8% |
| 2005 | 7.6% | -34.6% |
| 2006 | 8.4% | +9.8% |
| 2007 | 6.8% | -18.4% |
| 2008 | 9.7% | +41.8% |
| 2009 | 12.9% | +33.0% |
| 2010 | 12.5% | -2.9% |
| 2011 | 14.1% | +12.7% |
| 2012 | 16.2% | +14.7% |
| 2013 | 14.9% | -8.1% |
| 2014 | 15.8% | +6.3% |
| 2015 | 13.3% | -16.1% |
| 2016 | 17.1% | +29.0% |
| 2017 | 17.1% | +0.2% |
| 2018 | 17.0% | -0.5% |
| 2019 | 17.6% | +3.3% |
| 2020 | 21.9% | +24.2% |
| 2021 | 18.9% | -13.6% |
| 2022 | 17.4% | -7.7% |
| 2023 | 18.6% | +6.5% |
| 2024 | 19.3% | +4.2% |
Dominican Republic compared with similar countries
- Dominican Republic's 19.3% is above the median for upper middle income countries, which is 8.7%, 2.2× the median. (48 countries reporting)
- Dominican Republic's 19.3% is above the median for Latin America & Caribbean, which is 12.5%, 1.6× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Interest payments (% of revenue) 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 | +1012.1% | 0.5% | 5.6% |
| 1979 | +331.1% | 1.8% | 7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.1% | 0.7% | 7.9% | 8 |
| 1980s | 5.0% | 0.5% | 9.9% | 10 |
| 1990s | 4.7% | 3.0% | 7.8% | 10 |
| 2000s | 8.2% | 4.5% | 12.9% | 10 |
| 2010s | 15.6% | 12.5% | 17.6% | 10 |
| 2020s | 19.2% | 17.4% | 21.9% | 5 |
Countries ranked near Dominican Republic
More public sector data for Dominican Republic
- Democracy, 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)
- Elected parliament, 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)
- Arms imports 13.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.8751 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 11.11 % change on previous year (2024)
Frequently asked questions
- What is interest payments in Dominican Republic?
- Interest payments in Dominican Republic was 19.3% 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 21.9% in 2020.
- What is the lowest interest payments recorded in Dominican Republic?
- The lowest recorded value was 0.5% in 1988.
- How does Dominican Republic rank for interest payments?
- Dominican Republic ranks 20th 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 22.4%. 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 (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.