Dominica: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series

Fiscal balance, percent of GDP

 Latest value -3.88
 Year 2023
 Measure percent
 Data availability 1990 - 2023
 Average -3.11
 Min - Max -18.69 - 11.59
 Source International Monetary Fund (IMF)
For that indicator, we provide data for Dominica from 1990 to 2023. The average value for Dominica during that period was -3.11 percent with a minimum of -18.69 percent in 2018 and a maximum of 11.59 percent in 2016. The latest value from 2023 is -3.88 percent. For comparison, the world average in 2023 based on 112 countries is -3.16 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Dominica - Fiscal balance, percent of GDP - Recent values chart

Historical chart
Dominica - Fiscal balance, percent of GDP - historical chart - 1990-2023

Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.

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 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 27.39 2018 percent
 Government spending, in dollars 0.15 2018 billion U.S. dollars
 Fiscal balance, percent of GDP -3.88 2023 percent
 Government debt 104.30 2022 percent
 Commercial tax rate 32.60 2019 percent
 Tax preparation time 117 2019 hours
 Number of taxes 37 2019 taxes
 Foreign aid 79.07 2021 million U.S. dollars
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