Cost of moneyDominican Republic
Lending rate in Dominican Republic
What do banks charge for credit there?
Dominican Republic's lending rate is 15.25 % — #49 of 67 countries on the atlas (lower is better). Period 2024.
Among 67 countries
- Rank
- #49 of 67
- lower is better
- Ranked behind
- 27 %
- 18 of 67 countries
In Americas: #18 of 21vs median 8.79 %: +6.46 pp (worse)
The neighbourhood
| # | Country | Lending rate | vs Dominican Republic |
|---|---|---|---|
| 47 | Colombia | 14.31 % | −0.94 pp |
| 48 | Suriname | 14.50 % | −0.75 pp |
| 49 | Dominican Republic | 15.25 % | — |
| 50 | Azerbaijan | 15.34 % | +0.09 pp |
| 51 | Georgia | 15.91 % | +0.66 pp |
Bank lending rate, IMF-harmonised — the price of credit, ~150 economies.
How to read this figure
The IMF-harmonised bank lending rate — what banks charge their customers for credit, averaged nationally. Harmonisation is what makes ~150 economies comparable; the trade-off is that the underlying loan mix (business vs consumer, maturities) differs by country, so treat close values as similar, not identical.
Lending rate, all countries ranked →Compare Dominican Republic with another country →Everything about Dominican Republic →
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