Dominican Republic recorded a Government Budget deficit equal to 2.80 percent of the country's Gross Domestic Product in 2021. source: Central American Monetary Council

Government Budget in Dominican Republic averaged -1.67 percent of GDP from 1991 until 2021, reaching an all time high of 2.61 percent of GDP in 1991 and a record low of -7.91 percent of GDP in 2020. This page provides - Dominican Republic Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Dominican Republic Government Budget - values, historical data and charts - was last updated on June of 2023.

Government Budget in Dominican Republic is expected to reach -2.50 percent of GDP by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Dominican Republic Government Budget is projected to trend around -3.00 percent of GDP in 2023, according to our econometric models.

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Dominican Republic Government Budget

Related Last Previous Unit Reference
Government Budget -2.80 -7.91 percent of GDP Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
-2.80 -7.91 2.61 -7.91 1991 - 2021 percent of GDP Yearly