General Government Primary Net Lending/Borrowing for Dominican Republic
DOMGGXONLBGDP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.70
Year-over-Year Change
294.20%
Date Range
1/1/1997 - 1/1/2030
Summary
The General Government Primary Net Lending/Borrowing for the Dominican Republic measures the government's fiscal position, representing the difference between government revenue and expenditure, excluding interest payments.
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 indicator provides insight into the government's overall budget balance, excluding debt service costs. It is a key metric used by policymakers and analysts to assess the sustainability of a country's fiscal policy and public finances.
Methodology
The data is collected and reported by the International Monetary Fund (IMF).
Historical Context
Tracking this trend is crucial for evaluating the Dominican Republic's economic and budgetary health, as well as its creditworthiness in financial markets.
Key Facts
- The Dominican Republic's General Government Primary Net Lending/Borrowing was 0.7% of GDP in 2021.
- This indicator has fluctuated between -3.4% and 0.7% of GDP over the past decade.
- Improving the primary balance is a key policy objective for the Dominican Republic to maintain fiscal stability.
FAQs
Q: What does this economic trend measure?
A: The General Government Primary Net Lending/Borrowing for the Dominican Republic measures the difference between the government's total revenue and its total expenditure, excluding interest payments on debt.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the sustainability of the Dominican Republic's fiscal policy and public finances, which is crucial for evaluating the country's economic and budgetary health, as well as its creditworthiness in financial markets.
Q: How is this data collected or calculated?
A: The data is collected and reported by the International Monetary Fund (IMF).
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the Dominican Republic's fiscal position and the sustainability of its public finances, which informs decisions on budgetary and economic policies.
Q: Are there update delays or limitations?
A: The data is published by the IMF with some delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, General Government Primary Net Lending/Borrowing for Dominican Republic (DOMGGXONLBGDP), retrieved from FRED.