Bank or similar financial institution account in Dominican Republic

Dominican Republic: Bank or similar financial institution account was 63.3% in 2024. ▲ Rising

Latest (2024)
63.3%
Change on year
up 27.7%
World rank
65th
of 115 countries
All-time high
63.3%
in 2024
All-time low
38.2%
in 2011
Years of data
5
2011–2024

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

02040602011201720242011: 38.2 % age 15+2014: 54 % age 15+2017: 54.8 % age 15+2021: 49.5 % age 15+2024: 63.3 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

The most recent figure for bank or similar financial institution account in Dominican Republic is 63.3%, measured in 2024. That is the highest value across all 5 years on record.

That represents a change of up 27.7% on the previous year and up 17.2% over ten years.

Over the whole period, bank or similar financial institution account in Dominican Republic peaked at 63.3% in 2024 and was at its lowest, 38.2%, in 2011.

That places Dominican Republic 65th out of 115 countries with data for 2024, putting it in the middle of the range.

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

Annual values for Bank or similar financial institution account (% age 15+) in Dominican Republic, 2011 to 2024.
Year % age 15+ Change
2011 38.2%
2014 54.0% +41.3%
2017 54.8% +1.5%
2021 49.5% -9.6%
2024 63.3% +27.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 49.0% 38.2% 54.8% 3
2020s 56.4% 49.5% 63.3% 2

Countries ranked near Dominican Republic

  1. 62 Kyrgyzstan 70.0% compare
  2. 63 Viet Nam 69.9% compare
  3. 64 Ecuador 63.9% compare
  4. 66 Panama 60.9% compare
  5. 67 Nigeria 59.7% compare
  6. 68 Uzbekistan 59.7% compare

See the full ranking of 127 places →

More reference data data for Dominican Republic

All data for Dominican Republic →

Frequently asked questions

What is bank or similar financial institution account in Dominican Republic?
Bank or similar financial institution account in Dominican Republic was 63.3% in 2024, according to Global Findex Database.
What is the highest bank or similar financial institution account recorded in Dominican Republic?
The highest recorded value was 63.3% in 2024.
What is the lowest bank or similar financial institution account recorded in Dominican Republic?
The lowest recorded value was 38.2% in 2011.
How does Dominican Republic rank for bank or similar financial institution account?
Dominican Republic ranks 65th out of 115 countries with data for 2024.
Is bank or similar financial institution account rising or falling in Dominican Republic?
Over the last ten years it is up 17.2%. The long-run trend across the full record is rising.
Where does this Dominican Republic data come from?
The figures come from Global Findex Database, published as part of Bank or similar financial institution account (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account in Dominican Republic. Statizoid, drawing on Global Findex Database. Retrieved 04 September 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-percent-age-15/dominican-republic/

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About this data

Indicator
Bank or similar financial institution account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
127 places, 635 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another similar financial institution, (% age 15+)