Dominican Republic recorded a Government Budget deficit equal to 3 percent of the country's Gross Domestic Product in 2017. Government Budget in Dominican Republic averaged -1.41 percent of GDP from 1991 until 2017, reaching an all time high of 2.69 percent of GDP in 1991 and a record low of -6.69 percent of GDP in 2012.

Government Budget in Dominican Republic is expected to be -2.70 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Dominican Republic Government Budget is projected to trend around -2.60 percent of GDP in 2020, according to our econometric models.

Dominican Republic Government Budget
Forecast Data Chart
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Dominican Republic Government Last Previous Highest Lowest Unit
Government Debt to GDP 49.12 47.09 49.12 16.43 percent [+]
Government Budget -3.00 -2.90 2.69 -6.69 percent of GDP [+]
Military Expenditure 496.24 479.72 496.24 66.91 USD Million [+]
Government Revenues 45801.20 48934.90 61029.70 1123.10 DOP Millions [+]
Government Spending 112225.65 102447.07 121733.67 810.89 DOP Millions [+]
Credit Rating 36.25 [+]
Government Budget Value -6439.80 -9950.40 17660.00 -37095.10 DOP Millions [+]
Government Debt 40680.90 40482.00 40680.90 19672.10 USD Million [+]
Fiscal Expenditure 52241.00 58885.30 85445.60 918.00 DOP Millions [+]

Dominican Republic Government Budget

Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Dominican Republic Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic Government Budget - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-3.00 -2.90 2.69 -6.69 1991 - 2017 percent of GDP Yearly

Country Last Previous
Argentina -3.90 Dec/17
Australia -1.90 Dec/17
Brazil -7.80 Dec/17
Canada -0.90 Dec/17
China -3.50 Dec/17
Euro Area -0.90 Dec/17
France -2.60 Dec/17
Germany 1.30 Dec/17
India -3.53 Dec/17
Indonesia -2.50 Dec/17
Italy -2.30 Dec/17
Japan -4.50 Dec/17
Mexico -2.90 Dec/17
Netherlands 1.10 Dec/17
Russia -1.50 Dec/17
Saudi Arabia -8.90 Dec/17
Singapore 0.30 Dec/17
South Africa -4.60 Dec/17
South Korea -2.00 Dec/17
Spain -3.10 Dec/17
Switzerland 1.20 Dec/17
Turkey -1.50 Dec/17
United Kingdom -2.30 Dec/17
United States -3.50 Dec/17