Dominican Republic Current Account Balance
Current account balance as % of GDP BN.CAB.XOKA.GD.ZS
Dominican Republic's current account balance was -2.49% in 2025, ranked 107th globally. This represents a 25.6% increase from 2024. Data from World Bank, covering 1968–2025.
Overview
Dominican Republic's current account balance stood at -2.49% in 2025, a rise of +0.86% from 2024. The IMF projects -2.49% by 2025. Dominican Republic ranked 107th globally.
The Dominican Republic's current account balance has experienced significant fluctuations over the past 58 years. Starting from a low of -10.65 in 1980, the country's balance has shown a general improvement, reaching a peak of 4.84 in 2003. However, the trend has reversed somewhat in recent years, with the balance dipping to -2.49 in 2025, a position shared by Cambodia. This current account deficit is likely due to the country's reliance on imports, particularly in the manufacturing sector. The Dominican Republic's trade dynamics are comparable to those of Brazil, which also struggles with a significant current account deficit. A decline in remittances from the United States, a key sector for the Dominican economy, would likely exacerbate the current account deficit, underscoring the need for the country to diversify its trade and investment relationships.
Data & projection
| Year | Current Account Balance | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -2.48% | - | - |
| 2029* IMF | -2.56% | - | - |
| 2028* IMF | -2.64% | - | - |
| 2027* IMF | -2.56% | - | - |
| 2026* IMF | -2.46% | - | - |
| 2025* IMF | -2.49% | - | - |
| 2025 | -2.49% | +0.86% | #107 |
| 2024 | -3.35% | +0.30% | #67 |
| 2023 | -3.67% | +2.09% | #63 |
| 2022 | -5.77% | −2.95% | #68 |
| 2021 | -2.83% | −1.14% | #85 |
| 2020 | -1.69% | −0.36% | #97 |
| 2019 | -1.33% | +0.22% | #107 |
| 2018 | -1.55% | −1.39% | #116 |
| 2017 | -0.17% | +0.91% | #128 |
| 2016 | -1.08% | +0.72% | #126 |
| 2015 | -1.80% | +1.43% | #113 |
| 2014 | -3.24% | +0.86% | #93 |
| 2013 | -4.11% | +2.44% | #83 |
| 2012 | -6.56% | +0.96% | #67 |
| 2011 | -7.52% | −0.05% | #59 |
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 current account balance improve within 24 months. View full analysis →
Frequently Asked Questions
Dominican Republic's current account balance was -2.49% in 2025. Ranked 107th globally. This represents a 25.6% increase from the previous year.
Dominican Republic's current account balance peaked at 4.84% in 2003.
The lowest current account balance in Dominican Republic was -10.65% in 1980.
Dominican Republic ranks 107th globally in current account balance as of 2025.
The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.
Dominican Republic's current account balance is projected to reach -2.49% by 2025 based on IMF projection.
The current account balance of Dominican Republic in 2025 was -2.49%. This ranks 107th in the world.
Cite this page
@misc{historysaid_dominican-republic_current-account,
title = {Dominican Republic Current Account Balance},
url = {https://historysaid.com/dominican-republic/current-account/},
publisher = {HistorySaid},
year = {2026}
}