Dominican Republic — Sovereign Signal
BT-SFS 44.0/100 · BB · 164bps over Treasuries
Score and market snapshot
Dominican Republic trades 31bps tight of its fundamentals fit (fitted spread 195bps).
| Field | Value |
|---|---|
| BT-SFS | 44.0 / 100 |
| Rank | 32 of 51 |
| Composite rating | BB |
| Agency ratings | Moody's Ba2 · S&P BB · Fitch BB- |
| Benchmark USD bond | DOMREP 4.875 32 |
| Spread over Treasuries | 164bps |
| Yield to worst (S.A.) | 6.69% |
| Duration | 5.0y |
Pillar scores
| Pillar | Score (0-100) |
|---|---|
| Fiscal | 39.5 |
| External | 14.6 |
| Macro | 50.3 |
| Institutions | 67.7 |
The ten metrics behind the score
| Metric | Pillar | Raw value | Score | Source | Year |
|---|---|---|---|---|---|
| Reserves, months of imports | External | 4.0 mo | 14.6 | World Bank | 2025 |
| General government debt / GDP | Fiscal | 58.3% | 35.1 | IMF | 2026 |
| FX public debt / GDP | Fiscal | 39.0% | 33.2 | World Bank/IMF QPSD | 2025–2026 |
| Net interest / revenue | Fiscal | 23.0% | 32.3 | IMF | 2026 |
| Primary balance / GDP | Fiscal | 0.2% | 59.0 | IMF | 2026 |
| Governance (WGI GE + RQ) | Institutions | 55.9 | 54.0 | WGI | 2025 |
| Inflation track record | Institutions | 5.8% | 88.3 | IMF | 1997–2026 (h=10) |
| Real GDP growth, centred 3-year | Macro | 3.4% | 47.7 | IMF | 2025–2027 |
| GDP per capita, USD | Macro | $12,406 | 77.0 | IMF | 2026 |
| Growth volatility, 10-year | Macro | 5.2pp | 16.4 | IMF | 2016–2025 |
Score history
Applying the current methodology to historical sources, Dominican Republic moves from 45.3 in 2016 to 44.0 in 2026 (-1.3 points over ten years).
Default and restructuring registry
No bond default or restructuring events in the registry window.
Frequently asked questions
What is Dominican Republic's sovereign credit score?
Dominican Republic scores 44.0/100 on the BT Sovereign Fundamentals Score, ranking 32 of 51 sovereigns covered. The score is built from ten public IMF and World Bank metrics across fiscal, external, macro, and institutions pillars.
Which Dominican Republic USD bond does BondTerminal track?
DOMREP 4.875 32 (ISIN USP3579ECH82), the near-5-year USD benchmark, currently 164bps over Treasuries with a 6.69% yield to worst (S.A.).
Is Dominican Republic trading wide or tight of its fundamentals?
Dominican Republic trades 31bps tight of its fundamentals fit (fitted spread 195bps).