Dominican Republic's borrowers from commercial banks (per 1,000 adults) was 250.49 in 2024, the latest year in the World Bank's World Development Indicators. That is up 57.13% from 159.41 in 2014 (4.62% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 250.49 | 2024 |
| Five years earlier | 205.4 | 2019 |
| Ten years earlier | 159.41 | 2014 |
| Highest | 250.49 | 2024 |
| Lowest | 114.34 | 2006 |
| Average since 2015 | 204.83 | 2015–2024 |
| First recorded | 114.34 | 2006 |
What the numbers say
In 2024, Dominican Republic's borrowers from commercial banks (per 1,000 adults) rose 13.15 on 2023 (from 237.34 to 250.49).
Across the 17 yearly changes before that (2007 to 2023), the average change was +7.24 and a typical year strayed about 10.02 from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 23.36 in 2023 and the biggest yearly fall was 13.64 in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 6.84 a year. A straight line explains 80% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about 261.07 for 2027. We show this only because the same method, fitted on earlier years, predicted 2022 to 2024 better than "no change" would have: its average miss was 11.6, against 31.94 for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2024, Dominican Republic had the 39th highest value of the 78 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Dominican Republic | 250.49 | 2024 |
| World | 196.36 | 2022 |
| Latin America & Caribbean | 259.81 | 2024 |
| Upper middle income | 307.38 | 2024 |
Closest to Dominican Republic in the 2024 ranking
- Kosovo — 35th of 78: 261.42
- Costa Rica — 36th of 78: 259.81
- Tunisia — 37th of 78: 253.69
- Romania — 39th of 78: 246.63
- Seychelles — 40th of 78: 235.02
- Saudi Arabia — 41st of 78: 234.69
What this measures
Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.
Limitations: For many countries data cover the total number of loan accounts due to lack of information on loan account holders. For several countries, data cover all borrowers including commercial banks, credit unions and financial cooperatives, deposit taking microfinance institutions, and other deposit takers. These include all resident financial corporations and quasi-corporations (except the central bank) that are mainly engaged in financial intermediation and that issue liabilities included in the national definition of broad money.
Regional and income-group figures are computed by the World Bank as a median.
All 19 values
| Year | Borrowers from commercial banks (per 1,000 adults) |
|---|---|
| 2024 | 250.49 |
| 2023 | 237.34 |
| 2022 | 213.98 |
| 2021 | 202 |
| 2020 | 191.76 |
| 2019 | 205.4 |
| 2018 | 189.02 |
| 2017 | 190.42 |
| 2016 | 190.34 |
| 2015 | 177.52 |
| 2014 |
Borrowers from commercial banks (per 1,000 adults) in nearby economies
More financial sector data for Dominican Republic
- Domestic credit to private sector by banks (% of GDP) — 31.81% (2025)
- Net domestic credit (current LCU) — 3.82 trillion (2025)
- Net foreign assets (current LCU) — 793.12 billion (2025)
- Monetary sector credit to private sector (% of GDP) — 31.92% (2025)
- Broad money (current LCU) — 3.26 trillion (2025)
- Broad money (% of GDP) — 41.31% (2025)
- Broad money to total reserves ratio — 3.56 (2025)
- Consumer price index (2010 = 100) — 181.65 (2025)
- Inflation, consumer prices (annual % growth) — 3.87% (2025)
Reading data like this
Questions people ask
- What is Dominican Republic's borrowers from commercial banks (per 1,000 adults)?
- 250.49 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2006?
- It is up 119.07% from 114.34 in 2006 (4.45% a year on average, compounded). The highest value was 250.49 in 2024 and the lowest 114.34 in 2006.
Source
World Bank, World Development Indicators, indicator FB.CBK.BRWR.P3, licensed CC BY 4.0. Original source: Financial Access Survey, International Monetary Fund (IMF), uri: https://data.imf.org/en/datasets/IMF.STA:FAS Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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