Dominican Republic recorded a government debt equivalent to 50.41 percent of the country's Gross Domestic Product in 2018. Dominican Republic Government Debt to GDP - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Debt to GDP in Dominican Republic averaged 36.81 percent from 2000 until 2018, reaching an all time high of 50.41 percent in 2018 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.

Government Debt to GDP in Dominican Republic is expected to reach 52.00 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 52.50 percent in 2021, according to our econometric models.

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Dominican Republic Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
50.41 49.12 50.41 16.43 2000 - 2018 percent Yearly

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.