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Dominican Republic External Debt

Total external debt stocks  DT.DOD.DECT.CD

Dominican Republic's external debt was $57.8B in 2025, ranked 27th globally. This represents a 8.4% increase from 2024. Data from World Bank, covering 1970–2025.

$57.8B +$4.5B (+8.4%)
Year 2025 Rank #27 Global Peak $57.8B (2025) Source World Bank

Dominican Republic External Debt (1970–2025)

Overview

Dominican Republic's external debt stood at $57.8B in 2025, a rise of +$4.5B from 2024. Based on recent trends, this figure is projected to reach $57.8B by 2025. Dominican Republic ranked 27th globally.

Dominican Republic’s external debt has expanded dramatically over the 56‑year span from 389,548,000.00 in 1970 to a record 57,774,905,040.21 in 2025, ranking it 27th globally. The surge reflects successive borrowing cycles tied to infrastructure expansion, fiscal deficits and external shocks, with the debt stock more than 148 times larger than the 1970 trough. By 2025 the Dominican figure slightly exceeds that of Serbia (55,918,063,462.98) and falls just below Sri Lanka’s 58,853,903,449.25, placing it among the higher‑debt peers in the emerging‑market group. The steep climb mirrors a broader regional pattern of rising external obligations, yet the pace of accumulation has accelerated since the early 2000s, as the country pursued larger-scale projects and weathered volatile commodity prices. Continued reliance on external financing could keep the debt trajectory upward unless fiscal consolidation, revenue diversification or debt‑service restructuring are pursued, which would be essential to stabilize the debt burden in the coming years.

Data & projection

Year External Debt YoY change Rank
2027* trend $64.5B - -
2026* trend $61.2B - -
2025* trend $57.8B - -
2025 $57.8B +$4.5B #27
2024 $53.3B +$1.1B #91
2023 $52.2B +$3.9B #92
2022 $48.3B +$4.4B #93
2021 $43.9B +$3.3B #91
2020 $40.6B +$5.5B #91
2019 $35.1B +$3.2B #91
2018 $31.9B +$2.4B #89
2017 $29.5B +$1.2B #87
2016 $28.3B +$1.6B #90
2015 $26.7B +$458.0M #89
2014 $26.3B +$2.3B #88
2013 $24.0B +$1.9B #88
2012 $22.1B +$7.0B #89
2011 $15.1B +$1.6B #82
Show all years (1970-2025)
* Linear trend extrapolation

Detected Pattern

Orthodox Tightening Cycle
Inflation above 40%, lending rate above 30%, rate-inflation gap narrowing, reserves stable or rising. Signals credible monetary tightening.
Inflation 51.5% Rate 32.6% Gap -18.8pp Reserves YoY +195.6%
Occurred 311 times, 177 successful
Inflation
28.2%
Rate
19.4%
Gap
-8.8pp
Reserves YoY
+2.2%
Inflation
219.9%
Rate
61.7%
Gap
-158.2pp
Reserves YoY
+28.1%
Inflation
28.3%
Rate
24.3%
Gap
-4.0pp
Reserves YoY
+35.8%
Inflation
33.9%
Rate
17.8%
Gap
-16.1pp
Reserves YoY
+2.9%
Inflation
17.0%
Rate
20.8%
Gap
+3.8pp
Reserves YoY
+1.5%
Inflation
17.1%
Rate
15.3%
Gap
-1.8pp
Reserves YoY
+10.9%

Analysis

Dominican Republic matched the Orthodox Tightening Cycle pattern in 2004. Historically, 57% of countries showing this pattern (177 out of 311) saw external debt improve within 24 months. View full analysis →

Frequently Asked Questions

What is Dominican Republic's external debt?▾

Dominican Republic's external debt was $57.8B in 2025. Ranked 27th globally. This represents a 8.4% increase from the previous year.

What was the highest external debt in Dominican Republic?▾

Dominican Republic's external debt peaked at $57.8B in 2025.

What was the lowest external debt in Dominican Republic?▾

The lowest external debt in Dominican Republic was $389.5M in 1970.

How does Dominican Republic rank in external debt?▾

Dominican Republic ranks 27th globally in external debt as of 2025.

What is the World Bank indicator code for external debt?▾

The World Bank indicator code is DT.DOD.DECT.CD. Data sourced from World Bank.

What is the projected external debt of Dominican Republic in 2025?▾

Dominican Republic's external debt is projected to reach $57.8B by 2025 based on trend extrapolation.

What is Dominican Republic's external debt in billion?▾

Dominican Republic's external debt was approximately 57.77 billion ($57.8B) in 2025.

What is the external debt of Dominican Republic in 2025?▾

The external debt of Dominican Republic in 2025 was $57.8B. This ranks 27th in the world.

Cite this page

APA
Dominican Republic External Debt. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/dominican-republic/external-debt/
BibTeX
@misc{historysaid_dominican-republic_external-debt, title = {Dominican Republic External Debt}, url = {https://historysaid.com/dominican-republic/external-debt/}, publisher = {HistorySaid}, year = {2026} }
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