Real interest rate — all countries

Real interest rate — Dominican Republic

Real interest rate in the Dominican Republic in 2024 — 10.53%. Ranked 11 in the world out of 87. Since 1991, the indicator has risen by 43.89 pp.

2024 10.53% +2.36 pp vs 2023
World rank 11of 87
Period maximum 23.73%1993
Period minimum -33.36%1991

Trend over time

1991–2024 · % per annum

Real interest rate — Dominican Republic, 1991–2024-40-20020401991199519992003200720112015201920231991: -33.36%1992: 21.59%1993: 23.73%1994: 16.83%1995: 19.2%1996: 19.34%1997: 10.57%1998: 17.96%1999: 20.45%2000: 18.26%2001: 17.2%2002: 17.89%2003: -1.55%2004: -8.62%2005: 17.33%2006: 12.03%2007: 7.61%2008: 8.79%2009: 14.22%2010: 6.44%2011: 7.02%2012: 10.01%2013: 8.57%2014: 9.29%2015: 12.2%2016: 12.81%2017: 9.63%2018: 7.65%2019: 8.58%2020: 5.24%2021: 2.23%2022: 2.1%2023: 8.17%2024: 10.53%
Change over the period: +43.89 pp Annual average: 1.33 pp
Real interest rate — Dominican Republic, by year Dominican Republic All countries CSV XLSX
Year % Change, pp
2024 10.53 +2.36 pp
2023 8.17 +6.08 pp
2022 2.1 −0.13 pp
2021 2.23 −3.01 pp
2020 5.24 −3.34 pp
2019 8.58 +0.94 pp
2018 7.65 −1.98 pp
2017 9.63 −3.18 pp
2016 12.81 +0.61 pp
2015 12.2 +2.91 pp
2014 9.29 +0.73 pp
2013 8.57 −1.44 pp
2012 10.01 +2.98 pp
2011 7.02 +0.58 pp
2010 6.44 −7.78 pp
2009 14.22 +5.44 pp
2008 8.79 +1.17 pp
2007 7.61 −4.42 pp
2006 12.03 −5.3 pp
2005 17.33 +25.95 pp
2004 -8.62 −7.07 pp
2003 -1.55 −19.44 pp
2002 17.89 +0.69 pp
2001 17.2 −1.07 pp
2000 18.26 −2.18 pp
1999 20.45 +2.49 pp
1998 17.96 +7.39 pp
1997 10.57 −8.76 pp
1996 19.34 +0.14 pp
1995 19.2 +2.37 pp
1994 16.83 −6.9 pp
1993 23.73 +2.14 pp
1992 21.59 +54.95 pp
1991 -33.36

About the indicator

The lending interest rate adjusted for inflation by the GDP deflator. It shows the real cost of borrowed funds for the economy. Negative values mean that inflation erodes debt faster than interest accrues on it — a situation that favors borrowers and works against lenders and depositors.

Important: There are no aggregates for country groups: a weight by the volume of credit is needed, and we do not have it. The rate is already net of inflation, so negative values are normal — they mean borrowing costs less than inflation erodes.

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