The budget balance in relation to the GDP in the Dominican Republic was forecast to continuously increase between 2024 and 2029 by in total 0.9 percentage points. After the sixth consecutive increasing year, the budget balance is estimated to reach -2.08 percent and therefore a new peak in 2029. The indicator describes the general government net lending/borrowing which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expense and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.
Find more key insights for the budget balance in relation to the GDP in countries like Dominica, Antigua & Barbuda and Haiti.
Dominican Republic: Budget balance between 2019 to 2029 in relation to GDP
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IMF. (April 22, 2024). Dominican Republic: Budget balance between 2019 to 2029 in relation to GDP [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/527476/dominican-republic-budget-balance-in-relation-to-gdp/
IMF. "Dominican Republic: Budget balance between 2019 to 2029 in relation to GDP." Chart. April 22, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/527476/dominican-republic-budget-balance-in-relation-to-gdp/
IMF. (2024). Dominican Republic: Budget balance between 2019 to 2029 in relation to GDP. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/527476/dominican-republic-budget-balance-in-relation-to-gdp/
IMF. "Dominican Republic: Budget Balance between 2019 to 2029 in Relation to Gdp." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/527476/dominican-republic-budget-balance-in-relation-to-gdp/
IMF, Dominican Republic: Budget balance between 2019 to 2029 in relation to GDP Statista, https://www.statista.com/statistics/527476/dominican-republic-budget-balance-in-relation-to-gdp/ (last visited August 25, 2024)
Dominican Republic: Budget balance between 2019 to 2029 in relation to GDP [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/527476/dominican-republic-budget-balance-in-relation-to-gdp/