Interest spread, which is the difference between interest rate on loans and deposits rose 3.98% to 5.48% in Dominican Republic in 2024, according to the National Central Bank.
Historically, interest spread, which is the difference between interest rate on loans and deposits in Dominican Republic reached an all time high of 15.9% in 1993 and an all time low of 5.11% in 2022.
Dominican Republic has been ranked 30th within the group of 64 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits, 10 places above the position seen 10 years ago.
| Interest Spread (Difference Between Interest Rate on Loans and Deposits) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Belize | % | 7.12% | 7.12% | 6.55% | 6.21% | 6.30% | ||||||||||||||||
| Canada | % | ... | ... | ... | ... | ... | ... | ... | ||||||||||||||
| Cayman Islands | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| China | % | 2.85% | 2.85% | 2.85% | 2.85% | 2.85% | ||||||||||||||||
| Cuba | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Dominican Republic | % | 6.52% | 6.36% | 6.33% | 7.12% | 5.11% | ||||||||||||||||
| Guatemala | % | 7.75% | 7.73% | 7.90% | 8.05% | 8.02% | ||||||||||||||||
| Haiti | % | 6.97% | 6.23% | 9.27% | 8.41% | 10.1% | ... | |||||||||||||||
| Honduras | % | 9.51% | 8.92% | 8.88% | 10.2% | 10.3% | ||||||||||||||||
| Jamaica | % | 11.1% | 10.4% | 9.60% | 8.91% | 7.35% | ||||||||||||||||
| Japan | % | ... | ... | ... | ... | ... | ... | ... | ||||||||||||||
| Mexico | % | 4.77% | 4.90% | 4.88% | 4.25% | 5.61% | ||||||||||||||||
| USA | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
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