Dominican Republic recorded a Government Budget deficit equal to 2.31 percent of the country's Gross Domestic Product in 2019. source: Central American Monetary Council

Government Budget in Dominican Republic averaged -1.41 percent of GDP from 1991 until 2019, reaching an all time high of 2.61 percent of GDP in 1991 and a record low of -6.66 percent of GDP in 2012. 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 October of 2021.

Government Budget in Dominican Republic is expected to reach -8.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Dominican Republic Government Budget is projected to trend around -6.80 percent of GDP in 2022 and -4.00 percent of GDP in 2023, according to our econometric models.

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Dominican Republic Government Budget


Dominican Republic Last Unit Reference Previous Highest Lowest
Government Budget -7.91 percent of GDP Dec/20 -2.20 2.61 -7.91


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.