Dominican Republic recorded a government debt equivalent to 50.53 percent of the country's Gross Domestic Product in 2019. source: Consejo Monetario Centroamericano

Government Debt to GDP in Dominican Republic averaged 37.05 percent from 2000 until 2019, reaching an all time high of 50.53 percent in 2019 and a record low of 16.43 percent in 2000. This page provides - Dominican Republic Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic Government Debt to GDP - values, historical data and charts - was last updated on June of 2021.

Government Debt to GDP in Dominican Republic is expected to reach 55.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Dominican Republic Government Debt to GDP is projected to trend around 53.00 percent in 2021 and 52.50 percent in 2022, according to our econometric models.

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Dominican Republic Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
50.53 47.90 50.53 16.43 2000 - 2019 percent of GDP Yearly

Dominican Republic Government Last Previous Highest Lowest Unit
Government Debt to GDP 50.53 47.90 50.53 16.43 percent of GDP [+]
Government Budget -7.91 -2.20 2.61 -7.91 percent of GDP [+]
Military Expenditure 627.00 613.00 627.00 65.50 USD Million [+]
Government Budget Value 18179.10 -4915.00 108873.70 -81528.10 DOP Millions [+]
Government Debt 51945.20 48068.30 51945.20 19672.10 USD Million [+]
Government Revenues 84805.90 58432.40 133800.70 1123.10 DOP Millions [+]
Government Spending 174035.03 131552.70 174035.03 810.89 DOP Millions [+]
Credit Rating 40.00 [+]
Fiscal Expenditure 66626.70 63347.40 141559.30 918.00 DOP Millions [+]

Dominican Republic Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.