Dominica: Primary budget balance
* indicates monthly or quarterly data series
| Dominica |
Primary budget balance, percent of GDP |
|---|---|
| Latest value | -0.29 |
| Year | 2024 |
| Measure | percent |
| Data availability | 1990 - 2024 |
| Average | -0.74 |
| Min - Max | -15.24 - 13.26 |
| Source | The World Bank |
The latest value from 2024 is -0.29 percent, an increase from -1.96 percent in 2023. In comparison, the world average is -1.04 percent, based on data from 179 countries. Historically, the average for Dominica from 1990 to 2024 is -0.74 percent. The minimum value, -15.24 percent, was reached in 2018 while the maximum of 13.26 percent was recorded in 2015.
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Definition: The difference between a government's total revenue and its total expenditure, excluding interest payments on its outstanding debt. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Fiscal balance, percent of GDP | -2.20 | 2024 | percent |
| Primary budget balance | -0.29 | 2024 | percent |
| Commercial tax rate | 32.60 | 2019 | percent |
| Tax preparation time | 117 | 2019 | hours |
| Foreign aid | 52.64 | 2023 | million U.S. dollars |
| Government debt | 99.88 | 2024 | percent |