diff --git a/src/common/transformations/src/transformations/common_optimizations/mark_precision_sensitive_divides.cpp b/src/common/transformations/src/transformations/common_optimizations/mark_precision_sensitive_divides.cpp
index c57fd4db283..32e48791e58 100644
--- a/src/common/transformations/src/transformations/common_optimizations/mark_precision_sensitive_divides.cpp
+++ b/src/common/transformations/src/transformations/common_optimizations/mark_precision_sensitive_divides.cpp
@@ -25,7 +25,7 @@ bool ov::pass::MarkPrecisionSensitiveDivides::run_on_model(const std::shared_ptr
     }
 
     auto markup_func = [](Node* node) {
-        if (ov::is_type<ov::opset8::Divide>(node) && node->get_output_element_type(0) == ngraph::element::f16) {
+        if (ov::is_type<ov::opset8::Divide>(node)) {
             ov::disable_divide_conversion(node->shared_from_this());
         }
     };
diff --git a/src/tests/functional/inference_engine/transformations/common_optimizations/convert_divide.cpp b/src/tests/functional/inference_engine/transformations/common_optimizations/convert_divide.cpp
index 95bb69b50d1..a96e9a2a793 100644
--- a/src/tests/functional/inference_engine/transformations/common_optimizations/convert_divide.cpp
+++ b/src/tests/functional/inference_engine/transformations/common_optimizations/convert_divide.cpp
@@ -212,3 +212,28 @@ TEST_F(TransformationTestsF, ConvertDivideFP16ShapeOfSubgraphNegative2) {
         manager.register_pass<ngraph::pass::ConvertDivide>();
     }
 }
+
+TEST_F(TransformationTestsF, ConvertDivideFP32ShapeOfSubgraphNegative) {
+    {
+        auto data = std::make_shared<ngraph::opset1::Parameter>(ngraph::element::f32, ngraph::Shape{1, 3, 22, 22});
+        auto gather = ngraph::op::util::node_to_get_shape_value_of_indices_from_shape_source(data, {2, 3});
+        auto convert = std::make_shared<ngraph::opset1::Convert>(gather, ngraph::element::f32);
+        auto divide_constant = ngraph::opset1::Constant::create(ngraph::element::f32, ngraph::Shape{1}, {0.5});
+        auto divide = std::make_shared<ngraph::opset1::Divide>(convert, divide_constant);
+        auto convert_after = std::make_shared<ngraph::opset1::Convert>(divide, ngraph::element::i32);
+
+        ngraph::opset1::Interpolate::Attributes interp_attr;
+        interp_attr.antialias = false;
+        interp_attr.axes = {2, 3};
+        interp_attr.mode = "nearest";
+        interp_attr.pads_begin = {0, 0, 0, 0};
+        interp_attr.pads_end = {0, 0, 0, 0};
+
+        auto interpolate = std::make_shared<ngraph::opset1::Interpolate>(data, convert_after, interp_attr);
+
+        function = std::make_shared<ngraph::Function>(ngraph::NodeVector{interpolate}, ngraph::ParameterVector{data});
+
+        manager.register_pass<ov::pass::MarkPrecisionSensitiveDivides>();
+        manager.register_pass<ngraph::pass::ConvertDivide>();
+    }
+}