Dominican Republic General Government Structural Balance (% Potential GDP) Statistics

24, Apr 2019, EDT.

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Country or Region: Dominican Republic › Change country
Economic Indicator: General Government Structural Balance (% Potential GDP) › See all Dominican Republic indicators, › See General Government Structural Balance (% Potential GDP) data for all countries
Detailed Analysis for Year: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Dominican Republic Peso
Currency Symbol: DOP

Data are on a national income accounts basis. The structural budget position is defined as the actual budget deficit (or surplus) less the effects of cyclical deviations of output from potential output. Because of the margin of uncertainty that attaches to estimates of cyclical gaps and to tax and expenditure elasticities with respect to national income, indicators of structural budget positions should be interpreted as broad orders of magnitude. See notes for: General government structural balance (National currency).

General Government Structural Balance (% Potential GDP) Statistics for Dominican Republic , Year 2015 - In Detail

General Government Structural Balance (% Potential GDP) for Dominican Republic in year 2015 is -2.707 %. Data are on a national income accounts basis. The structural budget position is defined as the actual budget deficit (or surplus) less the effects of cyclical deviations of output from potential output. Because of the margin of uncertainty that attaches to estimates of cyclical gaps and to tax and expenditure elasticities with respect to national income, indicators of structural budget positions should be interpreted as broad orders of magnitude.

This makes Dominican Republic No. 47 in world rankings according to General Government Structural Balance (% Potential GDP) in year 2015. The world's average General Government Structural Balance (% Potential GDP) value is -0.89 %; Dominican Republic is 1.82 less than the average.

In the previous year, 2014, General Government Structural Balance (% Potential GDP) for Dominican Republic was -3.10 % General Government Structural Balance (% Potential GDP) for Dominican Republic in 2015 was or will be 12.71% less than it was or will be in 2014.

In the following or forecasted year, 2016, General Government Structural Balance (% Potential GDP) for Dominican Republic was or will be -2.60 %, which is 3.84% less than the 2015 figure.

* Source: IMF
General Government Structural Balance (% Potential GDP) for Dominican Republic, in other Years
Year %
  2021 -3.392
  2020 -3.249
  2019 -3.211
  2018 -2.912
  2017 -3.021
  2016 -2.603
2015 -2.707
  2014 -3.101
  2013 -2.934
  2012 -6.795
  2011 -2.575
  2010 -3.174
  2009 -2.407
  2008 -3.9
  2007 -0.132
  2006 -1.153
  2005 -0.44
  2004 -2.696
  2003 -4.657
  2002 -1.901
  2001 -1.456
  2000 -1.758
  1999 -1.285
  1998 -0.274
  1997 -0.979
  1996 n/a
  1995 n/a
  1994 n/a
  1993 n/a
  1992 n/a
  1991 n/a
  1990 n/a
  1989 n/a
  1988 n/a
  1987 n/a
  1986 n/a
  1985 n/a
  1984 n/a
  1983 n/a
  1982 n/a
  1981 n/a
  1980 n/a