Dominican Republic: Fiscal balance, percent of GDP

* indicates monthly or quarterly data series
 Dominican Republic

Fiscal balance, percent of GDP

 Latest value -2.67
 Year 2022
 Measure percent
 Data availability 2000 - 2022
 Average -2.69
 Min - Max -7.59 - 0.34
 Source Ministry of Finance of Dominican Republic
The latest value from 2022 is -2.67 percent, a decline from -2.52 percent in 2021. In comparison, the world average is -2.50 percent, based on data from 164 countries. Historically, the average for Dominican Republic from 2000 to 2022 is -2.69 percent. The minimum value, -7.59 percent, was reached in 2020 while the maximum of 0.34 percent was recorded in 2007. 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 data
Dominican Republic - Fiscal balance, percent of GDP - Recent values chart

Historical series
Dominican Republic - Fiscal balance, percent of GDP - historical chart - 2000-2022




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.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 11.29 2023 percent
 Government spending, in dollars 13.71 2023 billion U.S. dollars
 Fiscal balance, percent of GDP -2.67 2022 percent
 Government debt 58.88 2023 percent
 Government expenditure 198.08 Q3/2024 billion
 Tax revenue 13.82 2022 percent
 Commercial tax rate 48.80 2019 percent
 Tax preparation time 317 2019 hours
 Number of taxes 7 2019 taxes
 Taxes on goods and services 52.52 2022 percent
 Taxes on international trade 6.05 2022 percent
 Income and profits taxes 28.16 2022 percent
 Foreign aid 367.00 2022 million U.S. dollars
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