Fiscal Balance in Dominican Republic
The fiscal balance averaged -3.0% of GDP in the decade to 2022, below the average for Central America and Caribbean of -3.7% of GDP. The fiscal balance in the Dominican Republic in 2022 was -2.7% of GDP. For more fiscal balance information, visit our dedicated page.
Dominican Republic Fiscal Balance Chart
Note: This chart displays Fiscal Balance (% of GDP) for Dominican Republic from 2021 to 2020.
Source: Macrobond.
Dominican Republic Fiscal Balance Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Fiscal Balance (% of GDP) | -2.3 | -7.6 | -2.5 | -2.7 | -3.1 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Dominican fiscal balance projections for the next ten years from a panel of 13 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable fiscal balance forecast available for Dominican fiscal balance.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Dominican fiscal balance projections.
Want to get access to the full dataset of Dominican fiscal balance forecasts? Send an email to info@focus-economics.com.