Lending interest rate — all countries

Lending interest rate — Dominican Republic

Lending interest rate in the Dominican Republic in 2024 — 15.25%. Ranked 69 in the world out of 88. Since 1991, the indicator has fallen by 20.01 pp.

2024 15.25% +0.82 pp vs 2023
World rank 69of 88
Period maximum 35.26%1991
Period minimum 9.61%2021

Trend over time

1991–2024 · % per annum

Lending interest rate — Dominican Republic, 1991–20240102030401991199519992003200720112015201920231991: 35.26%1992: 28.34%1993: 29.89%1994: 28.68%1995: 30.68%1996: 23.73%1997: 21.01%1998: 25.64%1999: 25.05%2000: 26.8%2001: 24.26%2002: 26.06%2003: 31.39%2004: 32.63%2005: 24.11%2006: 19.48%2007: 15.83%2008: 19.95%2009: 18.14%2010: 12.14%2011: 15.55%2012: 15.48%2013: 13.59%2014: 13.9%2015: 14.88%2016: 15.08%2017: 13.91%2018: 12.53%2019: 12.49%2020: 10.98%2021: 9.61%2022: 11.85%2023: 14.43%2024: 15.25%
Change over the period: −20.01 pp Annual average: -0.61 pp
Lending interest rate — Dominican Republic, by year Dominican Republic All countries CSV XLSX
Year % Change, pp
2024 15.25 +0.82 pp
2023 14.43 +2.58 pp
2022 11.85 +2.24 pp
2021 9.61 −1.37 pp
2020 10.98 −1.51 pp
2019 12.49 −0.05 pp
2018 12.53 −1.38 pp
2017 13.91 −1.17 pp
2016 15.08 +0.21 pp
2015 14.88 +0.97 pp
2014 13.9 +0.31 pp
2013 13.59 −1.89 pp
2012 15.48 −0.07 pp
2011 15.55 +3.41 pp
2010 12.14 −6 pp
2009 18.14 −1.81 pp
2008 19.95 +4.12 pp
2007 15.83 −3.65 pp
2006 19.48 −4.63 pp
2005 24.11 −8.52 pp
2004 32.63 +1.24 pp
2003 31.39 +5.34 pp
2002 26.06 +1.79 pp
2001 24.26 −2.54 pp
2000 26.8 +1.75 pp
1999 25.05 −0.6 pp
1998 25.64 +4.64 pp
1997 21.01 −2.73 pp
1996 23.73 −6.95 pp
1995 30.68 +2 pp
1994 28.68 −1.21 pp
1993 29.89 +1.55 pp
1992 28.34 −6.92 pp
1991 35.26

About the indicator

The average rate at which banks extend short- and medium-term credit to the private sector. The methodology differs across countries — different maturities, types of borrower, collateral — so levels are not strictly comparable; the movement within a country, on the other hand, is telling and tracks the decisions of the central bank closely.

Important: There are no aggregates for country groups: rates can only be averaged by the volume of credit, and we have no such series. The difference between the lending and the deposit rate is the interest spread, an indirect measure of the efficiency of a banking system.

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