Public Debt in Dominican Republic

Dominican Republic Public Debt | Economic News & Forecasts

Dominican Republic - Public Debt

Available signs suggest economic momentum has been robust so far in the Q1, albeit somewhat softer than Q4 last year. Economic activity growth clocked 4.7% in January, down from Q4’s 5.8% but still swift by regional standards. Moreover, remittances were up sharply year-on-year in the same month, while credit growth in the private sector surged through February, buttressed by the Central Bank’s monetary stimulus last year. Less positively, tourist arrivals continued to decline sharply in January. In addition, the recent outbreak of coronavirus will continue to depress tourism in the near-term, as well as hurt external demand more broadly. In politics, the suspension of February’s local elections due to technical problems has likely boosted the likelihood of the opposition PRM party and its candidate Luis Abinader performing well in May’s legislative and presidential elections respectively. Such an outcome would lead to a continuation of broadly market-friendly policies.

Dominican Republic - Public Debt Data

2014   2015   2016   2017   2018  
Public Debt (% of GDP)36.0  44.7  46.6  48.9  50.5  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Dominican Republic Facts

Value Change Date
Exchange Rate52.960.80 %Jan 01

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form