Deposit interest rate — all countries

Deposit interest rate — Dominican Republic

Deposit interest rate in the Dominican Republic in 2024 — 9.77%. Ranked 12 in the world out of 90. Since 1991, the indicator has fallen by 10.25 pp.

2024 9.77% +0.61 pp vs 2023
World rank 12of 90
Period maximum 21.12%2004
Period minimum 2.49%2021

Trend over time

1991–2024 · % per annum

Deposit interest rate — Dominican Republic, 1991–202401020301991199519992003200720112015201920231991: 20.02%1992: 16.7%1993: 14.04%1994: 13.7%1995: 14.94%1996: 13.91%1997: 13.4%1998: 17.65%1999: 16.07%2000: 17.65%2001: 15.61%2002: 16.54%2003: 20.5%2004: 21.12%2005: 13.82%2006: 9.79%2007: 6.93%2008: 10.1%2009: 7.63%2010: 4.82%2011: 7.56%2012: 7.05%2013: 5.59%2014: 6.4%2015: 6.43%2016: 6.69%2017: 6%2018: 6.01%2019: 6.12%2020: 4.65%2021: 2.49%2022: 6.74%2023: 9.16%2024: 9.77%
Change over the period: −10.25 pp Annual average: -0.31 pp
Deposit interest rate — Dominican Republic, by year Dominican Republic All countries CSV XLSX
Year % Change, pp
2024 9.77 +0.61 pp
2023 9.16 +2.42 pp
2022 6.74 +4.25 pp
2021 2.49 −2.16 pp
2020 4.65 −1.48 pp
2019 6.12 +0.11 pp
2018 6.01 +0.01 pp
2017 6 −0.69 pp
2016 6.69 +0.26 pp
2015 6.43 +0.03 pp
2014 6.4 +0.81 pp
2013 5.59 −1.46 pp
2012 7.05 −0.5 pp
2011 7.56 +2.74 pp
2010 4.82 −2.81 pp
2009 7.63 −2.46 pp
2008 10.1 +3.16 pp
2007 6.93 −2.86 pp
2006 9.79 −4.03 pp
2005 13.82 −7.3 pp
2004 21.12 +0.62 pp
2003 20.5 +3.96 pp
2002 16.54 +0.93 pp
2001 15.61 −2.05 pp
2000 17.65 +1.59 pp
1999 16.07 −1.58 pp
1998 17.65 +4.25 pp
1997 13.4 −0.51 pp
1996 13.91 −1.03 pp
1995 14.94 +1.24 pp
1994 13.7 −0.34 pp
1993 14.04 −2.66 pp
1992 16.7 −3.32 pp
1991 20.02

About the indicator

The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.

Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.

Source: World Economic Outlook (IMF), license IMF open data.