Dominican Republic: public finances

What is the budget of the Dominican Republic for 2027?

The 2027 budget bill sent to Congress forecasts central government revenue of RD$1,510,574.5 million and spending of RD$1,837,856.0 million, a deficit of RD$327,281.5 million or 3.4% of GDP, according to the General Directorate of Budget (DIGEPRES).

The bill projects a primary surplus, before interest payments, of RD$24,045.5 million, or 0.3% of GDP. It assumes real growth of 4.75% and average inflation of 4.5%. Central government capital spending is set at RD$257,763.8 million, 19.7% more than the initial 2026 budget. The bill must be approved by Congress.

Official sources: DIGEPRES: 2027 budget bill sent to Congress

What is the public debt of the Dominican Republic?

The debt of the Dominican non-financial public sector was US$67,649.7 million on 31 August 2026, equal to 46.6% of estimated GDP, according to the General Directorate of Public Credit.

The figure covers external and domestic debt of the central government and other non-financial public bodies. It excludes the Central Bank's own debt, which is part of the wider consolidated public sector measure. The IMF reports general government gross debt of 59.0% of GDP for 2025 on a different basis. The directorate updates the figure monthly.

Official sources: General Directorate of Public Credit: home page · IMF DataMapper: government gross debt, Dominican Republic

What is the fiscal deficit of the Dominican Republic?

The Dominican non-financial public sector recorded a deficit of RD$64,455.2 million in January to June 2026, equal to 0.7% of estimated full-year GDP, according to the Central Bank of the Dominican Republic. Central government revenue was RD$667,552.2 million, up 7.3% on a year earlier, and spending RD$754,836.0 million, up 8.5%.

The half-year figure covers only part of the fiscal year, which runs from January to December. The IMF estimates a general government deficit of 3.6% of GDP for 2025 and 2026.

Official sources: BCRD: economy report, January to June 2026 (PDF) · IMF DataMapper: government net lending/borrowing, Dominican Republic

How much does the Dominican Republic spend on fuel subsidies?

The Dominican government had spent about RD$38,200 million on fuel subsidies in 2026 by mid-October, according to the Ministry of Industry, Commerce and MSMEs (MICM). The subsidy for the week of 10 to 16 October alone was RD$1,525.4 million.

The MICM reports the Minister of Finance and Economy as saying that about RD$10,000 million had originally been budgeted for the year, and that spending could reach RD$50,000 million if the trend continues. The subsidy keeps the prices of regular petrol, regular diesel and liquefied petroleum gas frozen when international prices rise.

Official sources: MICM: fuel prices and subsidies, week of 10 October 2026

What is the Dominican Republic's government debt?

The latest figure from the IMF, for 2025, is 59.0% of GDP. Since 2005 it has ranged from 32.9% of GDP (2007) to 71.8% of GDP (2020). Latin America & Caribbean median: 65.6% of GDP; the Dominican Republic is 20th highest of 31. Worldwide: 80th of 185.

What is the Dominican Republic's budget deficit?

The latest figure from the IMF, for 2025, is -3.6% of GDP (a deficit). Its high point since 2005 was 2007, at 0.3% of GDP; its low point was 2020, at -7.9% of GDP. Latin America & Caribbean median: -2.8% of GDP; the Dominican Republic is 20th highest of 32. World rank, highest first: 118th of 188.

How much revenue does the Dominican Republic's government raise?

According to the IMF, general government revenue in the Dominican Republic was 15.8% of GDP in 2025. Since 2005 it has ranged from 12.9% of GDP (2011) to 16.7% of GDP (2015). It is 29th highest of 32 in Latin America & Caribbean, where the median is 24.9% of GDP. Worldwide: 160th of 187.

What is the Dominican Republic's government spending?

19.3% of GDP: that is general government spending in the Dominican Republic for 2025, according to the IMF. Its high point since 2005 was 2020, at 22.2% of GDP; its low point was 2005, at 15.5% of GDP. Across Latin America & Caribbean the middle value was 26.7% of GDP, and the Dominican Republic placed 28th highest of 32. Worldwide: 155th of 186.

What is the Dominican Republic's tax to GDP ratio?

In 2024, central government tax revenue in the Dominican Republic was 14.7% of GDP, according to the IMF. Its high point since 2005 was 2007, at 14.9% of GDP; its low point was 2010, at 12.2% of GDP. Across Latin America & Caribbean the middle value was 15.0% of GDP, and the Dominican Republic placed 9th highest of 14. Of 92 countries with 2024 data, 64th highest.

What is the Dominican Republic's defence spending?

In 2025, military spending in the Dominican Republic was 0.8% of GDP, according to SIPRI. Its high point since 2005 was 2024, at 0.8% of GDP; its low point was 2011, at 0.6% of GDP. Across Latin America & Caribbean the middle value was 1.0% of GDP, and the Dominican Republic placed 15th highest of 22. Worldwide: 123rd of 149.