Dominican Republic Budget Deficit
General government net lending/borrowing as % of GDP GGXCNL_NGDP
Dominican Republic's budget deficit was -3.41% in 2025, ranked 113th globally. This represents a 10.6% decrease from 2024. Data from IMF WEO, covering 1997–2025.
Overview
Dominican Republic's budget deficit stood at -3.41% in 2025, a decline of +0.33% from 2024. The IMF projects -3.41% by 2025. Dominican Republic ranked 113th globally.
The Dominican Republic’s primary budget deficit widened to ‑3.41 percent of GDP in 2025, placing it at rank 113 globally and matching Bulgaria’s 2025 figure while slightly better than Latvia’s ‑3.46 percent. This level marks a reversal from the modest surplus of 0.28 percent recorded in 2007, the only positive reading in the series, and follows the sharp downturn to an all‑time trough of ‑7.94 percent in 2020, when pandemic‑related expenditures surged. Over the 29‑year coverage, the deficit trajectory has oscillated between modest surpluses and deep shortfalls, reflecting the economy’s vulnerability to external shocks and fiscal consolidation challenges. The 2025 deficit, though still sizable, signals a modest improvement from the 2020 low, suggesting that recent fiscal adjustments and stronger revenue collection are beginning to take effect. Continued prudence in spending and enhanced tax compliance will be crucial to sustain this downward trend and avoid a return to the deep deficits of the early 2020s.
Data & projection
| Year | Budget Deficit | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -1.96% | - | - |
| 2029* IMF | -2.30% | - | - |
| 2028* IMF | -2.64% | - | - |
| 2027* IMF | -2.97% | - | - |
| 2026* IMF | -3.22% | - | - |
| 2025* IMF | -3.41% | - | - |
| 2025 | -3.41% | −0.33% | #113 |
| 2024 | -3.09% | +0.19% | #85 |
| 2023 | -3.28% | −0.03% | #86 |
| 2022 | -3.25% | −0.33% | #87 |
| 2021 | -2.92% | +5.02% | #116 |
| 2020 | -7.94% | −4.48% | #65 |
| 2019 | -3.46% | −1.28% | #60 |
| 2018 | -2.18% | +0.95% | #82 |
| 2017 | -3.12% | −0.02% | #67 |
| 2016 | -3.11% | −3.08% | #78 |
| 2015 | -0.03% | +2.73% | #164 |
| 2014 | -2.76% | +1.65% | #97 |
| 2013 | -4.41% | +1.85% | #51 |
| 2012 | -6.27% | −3.20% | #28 |
| 2011 | -3.07% | −0.09% | #80 |
Detected Pattern
Analysis
Dominican Republic matched the Orthodox Tightening Cycle pattern in 2004. Historically, 57% of countries showing this pattern (177 out of 311) saw budget deficit improve within 24 months. View full analysis →
Frequently Asked Questions
Dominican Republic's budget deficit was -3.41% in 2025. Ranked 113th globally. This represents a 10.6% decrease from the previous year.
Dominican Republic's budget deficit peaked at 0.28% in 2007.
The lowest budget deficit in Dominican Republic was -7.94% in 2020.
Dominican Republic ranks 113th globally in budget deficit as of 2025.
The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.
Dominican Republic's budget deficit is projected to reach -3.41% by 2025 based on IMF projection.
The budget deficit of Dominican Republic in 2025 was -3.41%. This ranks 113th in the world.
Cite this page
@misc{historysaid_dominican-republic_budget-deficit,
title = {Dominican Republic Budget Deficit},
url = {https://historysaid.com/dominican-republic/budget-deficit/},
publisher = {HistorySaid},
year = {2026}
}