General Government Net Lending/Borrowing for Dominican Republic
DOMGGXCNLGDP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.77
Year-over-Year Change
-18.57%
Date Range
1/1/1997 - 1/1/2030
Summary
The General Government Net Lending/Borrowing for the Dominican Republic measures the balance between government revenue and expenditure. It is a key indicator of fiscal policy and a country's overall economic health.
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 trend represents the difference between government revenue and government expenditure, expressed as a percentage of the country's GDP. It provides insight into the government's fiscal position and ability to finance its activities.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on government financial statistics.
Historical Context
Policymakers and analysts use this metric to assess the sustainability of a country's fiscal policies and its potential impact on economic growth.
Key Facts
- The Dominican Republic's General Government Net Lending/Borrowing was -1.93% of GDP in 2021.
- A positive value indicates a government budget surplus, while a negative value indicates a budget deficit.
- Sustainable fiscal policies are crucial for maintaining economic stability and promoting long-term growth.
FAQs
Q: What does this economic trend measure?
A: The General Government Net Lending/Borrowing for the Dominican Republic measures the difference between the government's revenue and expenditure as a percentage of GDP.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the government's fiscal position and its ability to finance its activities, which is crucial for assessing the sustainability of fiscal policies and their impact on economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on government financial statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the government's fiscal policies and their potential impact on the broader economy, which can inform decision-making and policy adjustments.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and data collection methods of the IMF, which may result in occasional delays or limitations in availability.
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Citation
U.S. Federal Reserve, General Government Net Lending/Borrowing for Dominican Republic (DOMGGXCNLGDP), retrieved from FRED.