General Government Gross Debt for Dominica
DMAGGXWDGGDP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84.26
Year-over-Year Change
-1.60%
Date Range
1/1/1990 - 1/1/2030
Summary
The 'General Government Gross Debt for Dominica' tracks the total debt owed by the Dominican government, an important indicator of fiscal health and sustainability.
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
This economic indicator represents the total outstanding debt owed by Dominica's central government, local governments, and social security funds. It is a key measure of the government's financial obligations and a factor in assessing its creditworthiness.
Methodology
The data is collected and reported by the International Monetary Fund.
Historical Context
Policymakers and investors use this metric to evaluate Dominica's fiscal position and prospects for economic growth.
Key Facts
- Dominica's general government debt was 89.8% of GDP in 2020.
- The debt-to-GDP ratio has increased from 72.3% in 2015.
- Dominica's debt is primarily held domestically.
FAQs
Q: What does this economic trend measure?
A: The 'General Government Gross Debt for Dominica' tracks the total outstanding debt owed by the Dominican government, including central, local, and social security funds.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of Dominica's fiscal health and sustainability, used by policymakers and investors to evaluate the government's financial obligations and creditworthiness.
Q: How is this data collected or calculated?
A: The data is collected and reported by the International Monetary Fund.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Dominica's fiscal position and prospects for economic growth, as it reflects the government's financial obligations and ability to service its debt.
Q: Are there update delays or limitations?
A: The data is reported annually by the IMF, so there may be some delay in the most recent figures.
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Citation
U.S. Federal Reserve, General Government Gross Debt for Dominica (DMAGGXWDGGDP), retrieved from FRED.