Central Bank debt falls in 2025 for the third consecutive year; registers 9.31% year-on-year

The debt of the Central Bank of the Dominican Republic (BCRD) experienced a decrease last year, both in absolute terms and as a proportion of the country's gross domestic product (GDP), continuing a downward trend observed since 2023, according to data from the General Directorate of Public Credit (DGCP). The Central Bank's debt balance decreased from US$16,111.9 million in 2024 to US$14,612.1 million in 2025, indicating a decrease of 9.31%, equivalent to an absolute reduction of US$1,499.7 million. In the last decade, the debt balance of the country's financial and monetary regulatory body registered its highest amount in 2023, reaching US$ US$18,403.4 million. However, the data shows a downward trend up to the end of last year. Between 2023 and 2025, these BCRD commitments show a reduction of 20.6%, which is equivalent to an absolute variation of US$3,791.30 million less during those two years.

You can also read: Central Bank reserves are at their highest level

Debt table of the Central Bank in absolute values, published by Public Credit of the Treasury.

Debt to GDP
Statistics from Public Credit, a dependency of the Ministry of Finance and Economy (MHC), indicate that, as a percentage of the gross domestic product, the BCRD's debt also decreased last year.

This went from 13% in 2024 to 11.4% in 2025, representing a fall of 1.59 percentage points in the last year. However, this decrease is 3.7 percentage points compared to 2023, when its proportion was 15.2% of GDP. Data such as percentage of the size of the economy or of the Dominican gross domestic product (GDP). Debt composition The reduction of the Central Bank's debt observed in 2025 was mainly explained by the decrease in financial commitments contracted internally within the country, which represents the largest amount of its stock. The total of this line item decreased from US$15,038.4 million in 2024 to US$13,495.0 million in 2025, for a double-digit decrease (10.2%). In contrast, the external debt of the BCRD increased slightly, rising from US$1,073.5 million to US$1,117.1 million, a 4% year-on-year increase during that period. Government increases its debt
In the case of the Dominican Government, the data shows a different behavior during the last year. The debt went from US$57,467.4 million in 2024 to US$61,472.7 million in 2025, which represents an increase of US$4,005.3 million. As a proportion of GDP, Central Government debt rose from 46.2% in 2024 to 48.1% in 2025, for an increase of 1.9 percentage points. In previous years, the government's debt had shown an increasing trend. In 2023 it stood at US$54,601.8 million (45.2% of GDP), while in 2022 it reached US$51,542.6 million (45.2%) and in 2021 it was US$47,221.9 million (49.6%).