Outstanding International Public Debt Securities to GDP for Dominican Republic

DDDM06DOA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

32.49

Year-over-Year Change

2261.45%

Date Range

1/1/1994 - 1/1/2020

Summary

This trend measures the ratio of outstanding international public debt securities to the gross domestic product (GDP) of the Dominican Republic. It provides insight into the country's public debt levels and its ability to service that debt.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The outstanding international public debt securities to GDP ratio is a key indicator of a country's fiscal health and creditworthiness. It shows the size of a government's external debt obligations relative to the overall size of its economy, which is important for assessing a country's repayment capacity and financial stability.

Methodology

The data is collected and calculated by the World Bank using information on outstanding international debt securities and GDP figures.

Historical Context

Policymakers and investors use this metric to evaluate the Dominican Republic's fiscal and financial position and its ability to manage its public debt.

Key Facts

  • The Dominican Republic's outstanding international public debt securities to GDP ratio was 18.3% as of 2020.
  • This ratio has increased from 14.5% in 2010, indicating a rise in the country's external public debt burden.
  • Higher public debt levels can constrain a government's ability to respond to economic shocks or invest in development.

FAQs

Q: What does this economic trend measure?

A: This trend measures the ratio of the Dominican Republic's outstanding international public debt securities to its gross domestic product (GDP). It provides an indication of the country's public debt burden relative to the size of its economy.

Q: Why is this trend relevant for users or analysts?

A: This metric is important for assessing the Dominican Republic's fiscal health and creditworthiness, as it shows the size of the government's external debt obligations relative to the overall economy. This information is crucial for policymakers, investors, and analysts evaluating the country's financial stability and ability to manage its public debt.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the World Bank using information on the Dominican Republic's outstanding international debt securities and GDP figures.

Q: How is this trend used in economic policy?

A: Policymakers and institutions, such as the International Monetary Fund and credit rating agencies, use this metric to evaluate the Dominican Republic's fiscal position and its capacity to service its public debt. This information informs policy decisions, economic forecasts, and credit assessments.

Q: Are there update delays or limitations?

A: The data is published annually by the World Bank, so there may be a delay of up to a year in the most recent figures being available. Additionally, the data may be subject to revisions or changes in methodology over time.

Related Trends

Citation

U.S. Federal Reserve, Outstanding International Public Debt Securities to GDP for Dominican Republic (DDDM06DOA156NWDB), retrieved from FRED.