Dominican Republic recorded a Government Budget deficit equal to 3.25 percent of the country's Gross Domestic Product in 2023. Government Budget in Dominican Republic averaged -1.80 percent of GDP from 1991 until 2023, reaching an all time high of 2.61 percent of GDP in 1991 and a record low of -7.91 percent of GDP in 2020. source: Central American Monetary Council
Government Budget in Dominican Republic is expected to reach -2.75 percent of GDP by the end of 2024, 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 2025 and -2.00 percent of GDP in 2026, according to our econometric models.