Home/Countries/Dominican Republic/Government Expense (% of GDP)

Dominican Republic—Government Expense (% of GDP)

Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #105 of 138Series years: 2000–2023
Latest Value
18.1%
2023
YoY Change
+0.1%
2022 → 2023
Global Rank
#105
of 138 countries
Maximum
21.4%
2020
Minimum
10.7%
2003
CAGR
+2.2%
24 years
Last
18.1%
Previous
18.1%
Highest
21.4%
Lowest
10.7%
Unit
% of GDP
Source
World Bank World Development Indicators

Dominican Republic's government expense (% of GDP) was 18.1% in 2023, ranking #105 out of 138 countries. This represents a +0.1% change from 2022. Over the past 24 years, the highest recorded value was 21.4% (2020) and the lowest was 10.7% (2003). Data sourced from the World Bank World Development Indicators.

Dominican Republic — Government Expense (% of GDP): 18.066236602366 % of GDP for reference year 2023. Source: World Bank (World Development Indicators). Reference year does not establish final observed status; publisher vintage is not verified here.
Source: World Bank World Development Indicators

Historical Data

YearValueChange
202318.1%+0.1%
202218.1%+4.0%
202117.4%-19.0%
202021.4%+22.4%
201917.5%+9.2%
201816.0%-4.8%
201716.8%+2.5%
201616.4%+6.9%
201515.4%-2.0%
201415.7%+1.3%
201315.5%-2.4%
201215.9%+13.0%
201114.0%-1.3%
201014.2%-5.8%
200915.1%-2.0%
200815.4%+13.4%
200713.6%-1.3%
200613.8%+1.2%
200513.6%+2.0%
200413.3%+24.5%
200310.7%-13.7%
200212.4%+2.0%
200112.2%+10.8%
200011.0%

Top Countries — Government Expense (% of GDP)

#CountryValueYear
1Naoero103.6%2020
2Kiribati83.7%2023
3Ukraine65.6%2023
4Marshall Islands59.4%2020
5Palau59.0%2020
6Timor-Leste52.5%2022
7Greece47.3%2023
8Italy47.3%2023
9France47.3%2023
10Austria46.0%2023
View all 138 countries →

About This Indicator

Definition

Expense is a decrease in net worth resulting from a transaction. 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.

Methodology

Original contributors: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF); World Development Indicators, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD)

Unit

% of GDP

Source: World Bank (World Development Indicators)View original source →