Saved at a financial institution or using a mobile money account in Dominican Republic

Dominican Republic: Saved at a financial institution or using a mobile money account was 29.2% in 2024. ▲ Rising

Latest (2024)
29.2%
Change on year
up 122.2%
World rank
32nd
of 82 countries
All-time high
29.2%
in 2024
All-time low
13.2%
in 2021
Years of data
5
2011–2024

Saved at a financial institution or using a mobile money account in Dominican Republic, 2011–2024

01020302011201720242011: 16 % age 15+2014: 26.5 % age 15+2017: 19.5 % age 15+2021: 13.2 % age 15+2024: 29.2 % age 15+

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

Analysis

In 2024, saved at a financial institution or using a mobile money account in Dominican Republic stood at 29.2%. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 122.2% on the previous year and up 10.2% over ten years.

Over the whole period, saved at a financial institution or using a mobile money account in Dominican Republic peaked at 29.2% in 2024 and was at its lowest, 13.2%, in 2021.

That places Dominican Republic 32nd out of 82 countries with data for 2024, putting it in the middle of the range.

Saved at a financial institution or using a mobile money account in Dominican Republic, year by year

Annual values for Saved at a financial institution or using a mobile money account (% age 15+) in Dominican Republic, 2011 to 2024.
Year % age 15+ Change
2011 16.0%
2014 26.5% +66.1%
2017 19.5% -26.6%
2021 13.2% -32.5%
2024 29.2% +122.2%

Averages by decade

DecadeAverage LowestHighest Years
2010s 20.7% 16.0% 26.5% 3
2020s 21.2% 13.2% 29.2% 2

Countries ranked near Dominican Republic

  1. 29 Cameroon 31.2% compare
  2. 30 Malawi 30.9% compare
  3. 31 Mali 30.2% compare
  4. 33 Iran 29.0% compare
  5. 34 Congo 28.6% compare
  6. 35 Türkiye 27.9% compare

See the full ranking of 92 places →

More reference data data for Dominican Republic

All data for Dominican Republic →

Frequently asked questions

What is saved at a financial institution or using a mobile money account in Dominican Republic?
Saved at a financial institution or using a mobile money account in Dominican Republic was 29.2% in 2024, according to Global Findex Database.
What is the highest saved at a financial institution or using a mobile money account recorded in Dominican Republic?
The highest recorded value was 29.2% in 2024.
What is the lowest saved at a financial institution or using a mobile money account recorded in Dominican Republic?
The lowest recorded value was 13.2% in 2021.
How does Dominican Republic rank for saved at a financial institution or using a mobile money account?
Dominican Republic ranks 32nd out of 82 countries with data for 2024.
Is saved at a financial institution or using a mobile money account rising or falling in Dominican Republic?
Over the last ten years it is up 10.2%. 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 Saved at a financial institution or using a mobile money account (% age 15+). Statizoid updates them automatically from the source API.

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Saved at a financial institution or using a mobile money account in Dominican Republic. Statizoid, drawing on Global Findex Database. Retrieved 30 August 2026, from https://reference.statizoid.com/stat/saved-at-a-financial-institution-or-using-a-mobile-money-account-percent-age-15/dominican-republic/

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About this data

Indicator
Saved at a financial institution or using a mobile money account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
92 places, 460 data points, 2011–2024
Last refreshed

The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution or using a mobile money account to save in the past year, (% age 15+)