Lending Interest Rates Statistics in Dominica (2026)
According to World Bank World Development Indicators data, the average lending interest rate in Dominica came to 5.8% in 2024. Down from 5.9% in 2023 to 5.8% in 2024 (−0.1 percentage points). Dominica ranks #3 of 29 economies in Latin America & Caribbean on this measure, and #23 of 112 globally.
Key Statistics
- Latest value (2024)
- 5.8% (2024)
- Lending Interest Rates in Dominica as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- −0.1 pp (2024)
- Down from 5.9% in 2023 to 5.8% in 2024 (−0.1 percentage points).
- Earliest value in this dataset (1990)
- 11.3% (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 11.3% in 1990 to 5.8% in 2024.
- Peak value (1993)
- 11.9% (1993)
- Highest value in the available series; the 2024 value is 5.8%.
- Rank in Latin America & Caribbean (lower is better; rank 1 = lowest)
- #3 of 29 (2024)
- Dominica ranks 3 of 29 countries in Latin America & Caribbean with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #23 of 112 (2024)
- Dominica ranks 23 of 112 countries with data globally. Ranked ascending because lower values are better for this metric.
- Latin America & Caribbean average
- 12.6% (2024)
- Dominica (5.8%) is below the average of 12.6% across the 29 countries in Latin America & Caribbean with data.
- Internet use in Dominica (2024)
- 82% (2024)
- 82% of the population in Dominica used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 66,205 (2024)
- Dominica had a population of 66,205 in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | % | Change |
|---|---|---|
| 2024 | 5.8% | −0.1 pp |
| 2023 | 5.9% | −0.6 pp |
| 2022 | 6.5% | +0.2 pp |
| 2021 | 6.3% | −0.6 pp |
| 2020 | 6.9% | −0.6 pp |
| 2019 | 7.5% | −0.3 pp |
| 2018 | 7.8% | −0.3 pp |
| 2017 | 8.1% | −0.2 pp |
| 2016 | 8.3% | −0.4 pp |
| 2015 | 8.7% | −0.3 pp |
| 2014 | 8.9% | −0.1 pp |
| 2013 | 9.1% | +0.0 pp |
| 2012 | 9% | +0.2 pp |
| 2011 | 8.8% | −0.6 pp |
| 2010 | 9.5% | −0.6 pp |
| 2009 | 10% | +1.0 pp |
| 2008 | 9.1% | −0.1 pp |
| 2007 | 9.2% | −0.3 pp |
| 2006 | 9.5% | −0.4 pp |
| 2005 | 9.9% | +1.0 pp |
| 2004 | 8.9% | −2.6 pp |
| 2003 | 11.5% | +0.5 pp |
| 2002 | 11% | −0.2 pp |
| 2001 | 11.1% | −0.5 pp |
| 2000 | 11.7% | +0.3 pp |
| 1999 | 11.4% | +0.1 pp |
| 1998 | 11.3% | +0.1 pp |
| 1997 | 11.2% | −0.3 pp |
| 1996 | 11.4% | −0.1 pp |
| 1995 | 11.5% | −0.1 pp |
| 1994 | 11.6% | −0.3 pp |
| 1993 | 11.9% | +0.4 pp |
| 1992 | 11.5% | +0.3 pp |
| 1991 | 11.2% | −0.0 pp |
| 1990 | 11.3% | — |
Frequently asked questions
What is the latest figure for average lending interest rate in Dominica?
The average lending interest rate in Dominica stood at 5.8% in 2024, according to World Bank World Development Indicators data.
Where does the lending interest rates data for Dominica come from?
The data comes from the World Bank World Development Indicators (indicator FR.INR.LEND). The latest observation for Dominica is from 2024; the snapshot was retrieved on 2026-06-10.
How has lending interest rates in Dominica changed over time?
World Bank World Development Indicators data show a decline from 11.3% in 1990 to 5.8% in 2024.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.LEND, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .