Dominican Republic Credit to GDP
Domestic credit to private sector as % of GDP FS.AST.PRVT.GD.ZS
Dominican Republic's credit to gdp was 31.52% in 2025, ranked 96th globally. This represents a 1.2% decrease from 2024. Data from World Bank, covering 2004–2025.
Overview
Dominican Republic's credit to gdp stood at 31.52% in 2025, a decline of +0.40% from 2024. Based on recent trends, this figure is projected to reach 31.52% by 2025. Dominican Republic ranked 96th globally.
Dominican Republic’s credit‑to‑GDP ratio has risen steadily over the 22‑year series, moving from 23.64 in 2004 to a peak of 31.92 in 2024 before settling at 31.52 in 2025, ranking 96th globally. The trough of 18.69 recorded in 2006 marked the low point of the post‑2000 period, after which credit expansion accelerated, reflecting broader financial deepening and increased borrowing by firms and households. The recent level is closely aligned with peers such as Kenya (31.85) and Albania (31.51), indicating that the Dominican Republic now occupies a similar position in the middle‑income credit landscape. The upward trajectory has been supported by modest fiscal consolidation, improved access to formal credit, and a resilient tourism sector that bolsters loan demand. Continued growth in credit will likely depend on maintaining macro‑financial stability, sustaining private sector confidence, and avoiding excessive leverage that could reverse the current trend.
Data & projection
| Year | Credit to GDP | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 32.65% | - | - |
| 2026* trend | 32.09% | - | - |
| 2025* trend | 31.52% | - | - |
| 2025 | 31.52% | −0.40% | #96 |
| 2024 | 31.92% | +1.08% | #38 |
| 2023 | 30.84% | +2.88% | #51 |
| 2022 | 27.97% | +0.20% | #52 |
| 2021 | 27.77% | −2.86% | #53 |
| 2020 | 30.63% | +2.53% | #60 |
| 2019 | 28.10% | +0.71% | #60 |
| 2018 | 27.39% | −0.19% | #59 |
| 2017 | 27.58% | +0.68% | #57 |
| 2016 | 26.91% | +0.87% | #53 |
| 2015 | 26.04% | +0.77% | #50 |
| 2014 | 25.27% | +1.83% | #52 |
| 2013 | 23.44% | +0.90% | #51 |
| 2012 | 22.54% | −0.40% | #54 |
| 2011 | 22.94% | +0.20% | #56 |
Detected Pattern
Analysis
Dominican Republic matched the Orthodox Tightening Cycle pattern in 2004. Historically, 57% of countries showing this pattern (177 out of 311) saw credit to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Dominican Republic's credit to gdp was 31.52% in 2025. Ranked 96th globally. This represents a 1.2% decrease from the previous year.
Dominican Republic's credit to gdp peaked at 31.92% in 2024.
The lowest credit to gdp in Dominican Republic was 18.69% in 2006.
Dominican Republic ranks 96th globally in credit to gdp as of 2025.
The World Bank indicator code is FS.AST.PRVT.GD.ZS. Data sourced from World Bank.
Dominican Republic's credit to gdp is projected to reach 31.52% by 2025 based on trend extrapolation.
The credit to gdp of Dominican Republic in 2025 was 31.52%. This ranks 96th in the world.
Cite this page
@misc{historysaid_dominican-republic_credit-to-gdp,
title = {Dominican Republic Credit to GDP},
url = {https://historysaid.com/dominican-republic/credit-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}