Insurance & Financial Services Trade Statistics in Dominican Republic (2026)
In 2024, insurance and financial services exports in the Dominican Republic stood at 2.9% of service exports, according to World Bank World Development Indicators data. Up from 2.3% in 2023 to 2.9% in 2024 (+0.6 percentage points). Dominican Republic ranks #18 of 33 economies in Latin America & Caribbean on this measure, and #92 of 176 globally.
Key Statistics
- Latest value (2024)
- 2.9% (2024)
- Insurance & Financial Services Trade in the Dominican Republic as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +0.6 pp (2024)
- Up from 2.3% in 2023 to 2.9% in 2024 (+0.6 percentage points).
- Earliest value in this dataset (1990)
- 0.2% (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 0.2% in 1990 to 2.9% in 2024.
- Peak value (2022)
- 4.6% (2022)
- Highest value in the available series; the 2024 value is 2.9%.
- Rank in Latin America & Caribbean
- #18 of 33 (2024)
- The Dominican Republic ranks 18 of 33 countries in Latin America & Caribbean with data, based on each country's latest value.
- Global rank
- #92 of 176 (2024)
- The Dominican Republic ranks 92 of 176 countries with data globally.
- Latin America & Caribbean average
- 5.8% (2024)
- The Dominican Republic (2.9%) is below the average of 5.8% across the 33 countries in Latin America & Caribbean with data.
- Insurance and financial services (% of service imports, BoP) (2024)
- 11.8% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in the Dominican Republic (2024)
- 91% (2024)
- 91% of the population in the Dominican Republic used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 11.4 million (2024)
- The Dominican Republic had a population of 11.4 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | % of service exports (BoP) | Change |
|---|---|---|
| 2024 | 2.9% | +0.6 pp |
| 2023 | 2.3% | −2.3 pp |
| 2022 | 4.6% | +0.7 pp |
| 2021 | 3.8% | +1.0 pp |
| 2020 | 2.9% | +1.5 pp |
| 2019 | 1.4% | +0.1 pp |
| 2018 | 1.3% | −0.0 pp |
| 2017 | 1.3% | +0.3 pp |
| 2016 | 1% | +0.1 pp |
| 2015 | 1% | −0.7 pp |
| 2014 | 1.7% | +0.6 pp |
| 2013 | 1.1% | −0.4 pp |
| 2012 | 1.6% | +0.1 pp |
| 2011 | 1.5% | +0.4 pp |
| 2010 | 1.1% | +0.3 pp |
| 2009 | 0.7% | +0.1 pp |
| 2008 | 0.7% | +0.0 pp |
| 2007 | 0.6% | −0.2 pp |
| 2006 | 0.8% | +0.2 pp |
| 2005 | 0.7% | +0.6 pp |
| 2004 | 0.1% | +0.0 pp |
| 2003 | 0.1% | −0.1 pp |
| 1992 | 0.1% | −0.0 pp |
| 1991 | 0.2% | −0.0 pp |
| 1990 | 0.2% | — |
Frequently asked questions
What is the latest figure for insurance and financial services exports in the Dominican Republic?
Insurance and financial services exports in the Dominican Republic stood at 2.9% of service exports in 2024, according to World Bank World Development Indicators data.
When did insurance & financial services trade in the Dominican Republic peak?
The highest value in the available series was 4.6% in 2022; the latest (2024) value is 2.9%.
How recent is the insurance & financial services trade data for the Dominican Republic?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for the Dominican Republic.
Where does the insurance & financial services trade data for the Dominican Republic come from?
The data comes from the World Bank World Development Indicators (indicator BX.GSR.INSF.ZS). The latest observation for the Dominican Republic is from 2024; the snapshot was retrieved on 2026-06-10.
Source & methodology
Source: World Bank, World Development Indicators, indicator
BX.GSR.INSF.ZS, 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 .