Country profile · Edition 1

🇩🇴Dominican Republic

Caribbean

Score

57.8

Rank

33 of 46

Overview

Dominican Republic ranks 33rd of 46 economies, with a score of 57.8 out of 100. It is 1st of 2 ranked economies in Caribbean.

Strongest: Consumer protection, Government support, Financial education and Public awareness (100). Weakest: Youth education (17); Credit access (29).

Dimension scores

Credit literacy35.0

Credit access29.3

Financial inclusion61.4

Digital banking52.5

Innovation50.0

Consumer protection100.0

Government support100.0

Financial education100.0

Youth education16.7

Public awareness100.0

Dimensions with no score are left out of the overall score, never counted as zero.

Not yet measured: Reporting transparency, Alternative infrastructure.

Survey indicators

35%35% of adults answered at least 3 of 4 financial concepts correctly (S&P Global FinLit, 2014)

70.3%70% of credit card users pay their balance in full (Findex, 2024)

29.3%29% of adults borrowed from a formal institution or via mobile money in the past year (Findex, 2024)

64.8%65% of adults have an account (Findex, 2024)

58%58% could raise emergency funds within 30 days without great difficulty (Findex, 2024)

52.5%52% of adults made or received a digital payment (Findex, 2024)

Youth education policy: partial

Financial education is in the school curriculum only in some regions, or as an optional or pilot subject. There is no standalone course or graduation requirement. Young people are not a priority in a current national strategy.

Policy dimensions record whether a policy exists, not how well it works.