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 August of 2021.

Government Budget in Dominican Republic is expected to reach -4.00 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Dominican Republic Government Budget is projected to trend around -2.50 percent of GDP in 2021 and -2.00 percent of GDP in 2022, according to our econometric models.

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Dominican Republic Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
-7.91 -2.20 2.61 -7.91 1991 - 2020 percent of GDP Yearly

Dominican Republic Government Last Previous Highest Lowest Unit
Government Debt to GDP 69.10 50.53 69.10 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 11349.80 18179.10 108873.70 -81528.10 DOP Millions [+]
Government Debt 59357.40 58873.30 59357.40 19672.10 USD Million [+]
Government Revenues 62835.40 84805.90 133800.70 1123.10 DOP Millions [+]
Government Spending 125990.80 174035.03 174035.03 810.89 DOP Millions [+]
Credit Rating 40.00 [+]
Fiscal Expenditure 55543.80 66626.70 141559.30 918.00 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.