Bank or similar financial institution account, out of laborforce in Dominican Republic

Dominican Republic: Bank or similar financial institution account, out of laborforce was 44.6% in 2024. ▲ Rising

Latest (2024)
44.6%
Change on year
up 27.9%
World rank
64th
of 98 countries
All-time high
44.6%
in 2024
All-time low
25.3%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account, out of laborforce in Dominican Republic, 2011–2024

0102030402011201720242011: 25.3 % age 15+2014: 39.6 % age 15+2017: 41.9 % age 15+2021: 34.8 % age 15+2024: 44.6 % age 15+

Source: World Bank. Measured in % age 15+.

Analysis

The most recent figure for bank or similar financial institution account, out of laborforce in Dominican Republic is 44.6%, measured in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 27.9% on the previous year and up 12.6% over ten years.

Over the whole period, bank or similar financial institution account, out of laborforce in Dominican Republic peaked at 44.6% in 2024 and was at its lowest, 25.3%, in 2011.

Dominican Republic ranks 64th of 98 countries on this measure, in the middle of the range.

Bank or similar financial institution account, out of laborforce in Dominican Republic, year by year

Annual values for Bank or similar financial institution account, out of laborforce (% age 15+) in Dominican Republic, 2011 to 2024.
Year % age 15+ Change
2011 25.3%
2014 39.6% +56.4%
2017 41.9% +6.0%
2021 34.8% -16.9%
2024 44.6% +27.9%

Dominican Republic compared with similar countries

  • Dominican Republic's 44.6% is below the median for upper middle income countries, which is 61.6%, 72% of the median. (33 countries reporting)
  • Dominican Republic's 44.6% is above the median for Latin America & Caribbean, which is 43.5%, 1.0× the median. (16 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2010s 35.6% 25.3% 41.9% 3
2020s 39.7% 34.8% 44.6% 2

Countries ranked near Dominican Republic

  1. 62 Nepal 51.1% compare
  2. 63 Panama 46.6% compare
  3. 65 Indonesia 43.6% compare
  4. 66 Mexico 42.5% compare
  5. 67 Azerbaijan 40.9% compare

See the full ranking of 110 places →

More reference data data for Dominican Republic

All data for Dominican Republic →

Frequently asked questions

What is bank or similar financial institution account, out of laborforce in Dominican Republic?
Bank or similar financial institution account, out of laborforce in Dominican Republic was 44.6% in 2024, according to the World Bank.
What is the highest bank or similar financial institution account, out of laborforce recorded in Dominican Republic?
The highest recorded value was 44.6% in 2024.
What is the lowest bank or similar financial institution account, out of laborforce recorded in Dominican Republic?
The lowest recorded value was 25.3% in 2011.
How does Dominican Republic rank for bank or similar financial institution account, out of laborforce?
Dominican Republic ranks 64th out of 98 countries with data for 2024.
Is bank or similar financial institution account, out of laborforce rising or falling in Dominican Republic?
Over the last ten years it is up 12.6%. The long-run trend across the full record is rising.
Where does this Dominican Republic data come from?
The figures come from the World Bank, published as part of Bank or similar financial institution account, out of laborforce (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account, out of laborforce in Dominican Republic. Statizoid. Retrieved 13 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-out-of-laborforce-percent-age-15/dominican-republic/

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About this data

Indicator
Bank or similar financial institution account, out of laborforce (% age 15+)
Unit
% age 15+
Source
World Bank
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
110 places, 550 data points, 2011–2024
Last refreshed