Gross debt, General government, Percent of GDP in Dominican Republic
Dominican Republic: Gross debt, General government, Percent of GDP was 50.02 in 2031. ▲ Rising
Gross debt, General government, Percent of GDP in Dominican Republic, 1997–2031
Source: International Monetary Fund.
Analysis
In 2031, gross debt, general government, percent of gdp in Dominican Republic stood at 50.02.
Compared with earlier readings it is down 4.5% on the previous year and down 20.4% over ten years.
Over the whole period, gross debt, general government, percent of gdp in Dominican Republic peaked at 71.81 in 2020 and was at its lowest, 13.25, in 1998.
Dominican Republic ranks 25th of 36 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Gross debt, General government, Percent of GDP in Dominican Republic, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | 13.85 | — |
| 1998 | 13.25 | -4.3% |
| 1999 | 15.98 | +20.6% |
| 2000 | 16.71 | +4.6% |
| 2001 | 20.35 | +21.8% |
| 2002 | 21.49 | +5.6% |
| 2003 | 48.15 | +124.1% |
| 2004 | 34.35 | -28.7% |
| 2005 | 38.32 | +11.6% |
| 2006 | 36.02 | -6.0% |
| 2007 | 32.91 | -8.6% |
| 2008 | 33.63 | +2.2% |
| 2009 | 36.76 | +9.3% |
| 2010 | 37.35 | +1.6% |
| 2011 | 39.11 | +4.7% |
| 2012 | 42.4 | +8.4% |
| 2013 | 46.81 | +10.4% |
| 2014 | 45.02 | -3.8% |
| 2015 | 44.81 | -0.5% |
| 2016 | 46.68 | +4.2% |
| 2017 | 49.48 | +6.0% |
| 2018 | 50.8 | +2.7% |
| 2019 | 53.46 | +5.2% |
| 2020 | 71.81 | +34.3% |
| 2021 | 62.82 | -12.5% |
| 2022 | 59.58 | -5.2% |
| 2023 | 60.51 | +1.6% |
| 2024 | 58.79 | -2.8% |
| 2025 | 59 | +0.4% |
| 2026 | 58.27 | -1.2% |
| 2027 | 56.65 | -2.8% |
| 2028 | 55.37 | -2.3% |
| 2029 | 54.02 | -2.4% |
| 2030 | 52.38 | -3.0% |
| 2031 | 50.02 | -4.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.36 | 13.25 | 15.98 | 3 |
| 2000s | 31.87 | 16.71 | 48.15 | 10 |
| 2010s | 45.59 | 37.35 | 53.46 | 10 |
| 2020s | 59.68 | 54.02 | 71.81 | 10 |
| 2030s | 51.2 | 50.02 | 52.38 | 2 |
Countries ranked near Dominican Republic
More external debt data for Dominican Republic
- IFC, private nonguaranteed 14.83 million NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 1.3 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0.0001 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 1,071 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 3.6% (2024)
- Net financial flows, IDA -390,000 NFL, current US$ (2022)
- Net financial flows, IDA (NFL, current US$), per capita -0.0347 NFL, current US$ per person (2022)
- Net financial flows, IDA (NFL, current US$), per unit of GDP -0 NFL, current US$ per US$ of GDP (2022)
- Net financial flows, IBRD 401.61 million NFL, current US$ (2024)
- Public and publicly guaranteed debt service 14.2% (2024)
Frequently asked questions
- What is gross debt, general government, percent of gdp in Dominican Republic?
- Gross debt, general government, percent of gdp in Dominican Republic was 50.02 in 2031, according to International Monetary Fund.
- What is the highest gross debt, general government, percent of gdp recorded in Dominican Republic?
- The highest recorded value was 71.81 in 2020.
- What is the lowest gross debt, general government, percent of gdp recorded in Dominican Republic?
- The lowest recorded value was 13.25 in 1998.
- How does Dominican Republic rank for gross debt, general government, percent of gdp?
- Dominican Republic ranks 25th out of 36 countries with data for 2031.
- Is gross debt, general government, percent of gdp rising or falling in Dominican Republic?
- Over the last ten years it is down 20.4%. The long-run trend across the full record is rising.
- Where does this Dominican Republic data come from?
- The figures come from International Monetary Fund, published as part of Gross debt, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
The WHD Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in the Western Hemisphere. Data for the Western Hemisphere REO are prepared in conjunction and are consistent with the semi-annual World Economic Outlook (WEO) exercises. REO aggregate data may differ from WEO aggregates due to differences in group membership. Composite data for country groups are weighted averages of data for individual countries. Arithmetic weighted averages are used for all concepts except for inflation and broad money, for which geometric averages are used. PPP GDP weights from the WEO database are used for the aggregation of real GDP growth, real non-oil GDP growth, real per capita GDP growth, investment, national savings, broad money, claims on the nonfinancial private sector, and real and nominal effective exchange rates. Aggregates for other concepts are weighted by GDP in U.S. dollars at market exchange rates.