Net incurrence of liabilities, total in Dominican Republic
Dominican Republic: Net incurrence of liabilities, total was 2.8% in 2024. ◆ Volatile
Net incurrence of liabilities, total in Dominican Republic, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net incurrence of liabilities, total in Dominican Republic is 2.8%, measured in 2024.
The figure is down 10.2% on the previous year and up 11.7% over ten years.
Over the whole period, net incurrence of liabilities, total in Dominican Republic peaked at 11.1% in 2020 and was at its lowest, -1.0%, in 1992.
Dominican Republic ranks 75th of 136 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net incurrence of liabilities, total in Dominican Republic, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 0.0% | — |
| 1991 | -0.5% | -29966.6% |
| 1992 | -1.0% | +107.5% |
| 1995 | -0.8% | -26.5% |
| 1996 | -0.7% | -1.3% |
| 1998 | -0.5% | -28.1% |
| 1999 | -0.1% | -80.1% |
| 2003 | 2.6% | -2573.5% |
| 2004 | 2.5% | -6.8% |
| 2005 | 1.9% | -22.6% |
| 2006 | 1.3% | -30.9% |
| 2007 | 0.2% | -88.5% |
| 2008 | 3.8% | +2386.2% |
| 2009 | 4.0% | +5.1% |
| 2010 | 3.6% | -8.2% |
| 2011 | 3.3% | -9.1% |
| 2012 | 6.0% | +82.9% |
| 2013 | 3.8% | -37.5% |
| 2014 | 2.5% | -33.3% |
| 2015 | -0.0% | -100.6% |
| 2016 | 3.4% | -21297.4% |
| 2017 | 3.4% | +0.9% |
| 2018 | 3.1% | -10.5% |
| 2019 | 4.1% | +31.9% |
| 2020 | 11.1% | +174.8% |
| 2021 | 3.7% | -67.0% |
| 2022 | 3.4% | -6.2% |
| 2023 | 3.1% | -9.2% |
| 2024 | 2.8% | -10.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -0.5% | -1.0% | 0.0% | 7 |
| 2000s | 2.3% | 0.2% | 4.0% | 7 |
| 2010s | 3.3% | -0.0% | 6.0% | 10 |
| 2020s | 4.8% | 2.8% | 11.1% | 5 |
Countries ranked near Dominican Republic
More public sector data for Dominican Republic
- Arms imports 10.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.8751 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 11.11 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 10.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 85.84 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0079 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 3.65 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 980.99 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 186.73 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net incurrence of liabilities, total in Dominican Republic?
- Net incurrence of liabilities, total in Dominican Republic was 2.8% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Dominican Republic?
- The highest recorded value was 11.1% in 2020.
- What is the lowest net incurrence of liabilities, total recorded in Dominican Republic?
- The lowest recorded value was -1.0% in 1992.
- How does Dominican Republic rank for net incurrence of liabilities, total?
- Dominican Republic ranks 75th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Dominican Republic?
- Over the last ten years it is up 11.7%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.