Dominican Republic Government Debt To GDP

Dominican Republic recorded a Government Debt to GDP of 45.71 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in Dominican Republic is reported by the Central American Monetary Council. From 2005 until 2012, Dominican Republic Government Debt To GDP averaged 38.4 Percent reaching an all time high of 45.7 Percent in December of 2012 and a record low of 33.6 Percent in December of 2007. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Dominican Republic Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
45.71 42.85 45.71 33.59 47.93 | 2013/12 2005 - 2012 Percent Yearly

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Dominican Republic Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 45.71 2012-12-31 42.85 45.71 33.59 47.93 2013-12-31 Percent [+]
Government Budget -6.64 2012-12-31 -2.63 2.69 -6.64 -6.76 2013-12-31 Percent of GDP [+]
Credit Rating 32.50 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


RELATED NEWS

Dominican Republic Inflation Rate at 2.99 Percent  
The inflation rate in Dominican Republic was recorded at 2.99 percent in March of 2014. Inflation Rate in Dominican Republic is reported by the Central Bank of Dominican Republic.
Dominican Republic Consumer Price Index (CPI) at 116.98 Index Points  
Consumer Price Index (CPI) in Dominican Republic increased to 116.98 Index Points in February of 2014 from 116.58 Index Points in January of 2014. Consumer Price Index (CPI) in Dominican Republic is reported by the Central Bank of Dominican Republic.
Dominican Republic Interest Rate at 6.25 Percent  
The benchmark interest rate in Dominican Republic was last recorded at 6.25 percent. Interest Rate in Dominican Republic is reported by the Central Bank of Dominican Republic.
Dominican Republic Personal Income Tax Rate at 25.00 percent  
The Personal Income Tax Rate in Dominican Republic stands at 25 percent. Personal Income Tax Rate in Dominican Republic is reported by the Direccion General de Impuestos Internos.
Dominican Republic Corporate Tax Rate at 28.00 percent  
The Corporate Tax Rate in Dominican Republic stands at 28 percent. Corporate Tax Rate in Dominican Republic is reported by the Direccion General de Impuestos Internos.
Dominican Republic Sales Tax Rate at 18.00 Percent  
The Sales Tax Rate in Dominican Republic stands at 18 percent. Sales Tax Rate in Dominican Republic is reported by the Direccion General de Impuestos Internos.
Dominican Republic Balance of Trade at -630.50 USD Million  
Dominican Republic recorded a trade deficit of 630.50 USD Million in June of 2013. Balance of Trade in Dominican Republic is reported by the Central American Monetary Council.
Dominican Republic Unemployment Rate at 15.00 Percent  
Unemployment Rate in Dominican Republic remained unchanged at 15 percent in September of 2013 from 15 percent in March of 2013. Unemployment Rate in Dominican Republic is reported by the Central Bank of Dominican Republic.
Dominican Republic Gdp Growth Rate at 0.76 Percent  
The Gross Domestic Product (GDP) in Dominican Republic expanded 0.76 percent in the third quarter of 2013 over the previous quarter. Gdp Growth Rate in Dominican Republic is reported by the Central Bank of Dominican Republic.
Dominican Republic Current Account at -958.70 USD Million  
Dominican Republic recorded a Current Account deficit of 958.70 USD Million in the third quarter of 2013. Current Account in Dominican Republic is reported by the Central Bank of Dominican Republic.
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