Interest Payments on Government Debt (As % of Government Revenue) rose to 18.9% in Dominican Republic in 2017

Interest Payments on Government Debt (As % of Government Revenue) (%)
Economy | Dominican Republic | May 17, 2019
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Interest payments on government debt as a share of government revenue reached 18.9 % in 2017 in Dominican Republic, according to the National Statistical Office. This is 5.25 % more than in the previous year.

Historically, interest payments on government debt as a share of government revenue in Dominican Republic reached an all time high of 18.9 % in 2017 and an all time low of 0.503 % in 1988. When compared to Dominican Republic's main peers, interest payments on government debt as a share of government revenue in Jamaica amounted to 24.1 %, 13.6 % in Mexico and 12.5 % in USA in 2017.

Dominican Republic has been ranked 6th within the group of 103 countries we follow in terms of interest payments on government debt as a share of government revenue, 39 places above the position seen 10 years ago.

Interest payments include interest payments on government debt including long-term bonds, long-term loans, and other debt instruments to domestic and foreign residents.

Interest Payments on Government Debt (As % of Government Revenue) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Belize % 12.4% 7.08% 8.89% 9.09% 8.55%
Canada % 9.59% 8.77% 8.44% 7.42% 6.68%
Cayman Islands % ... ... ... ... ... ... ... ... ...
China % 3.32% 3.43% 3.56% 2.56% 3.24% ...
Cuba % ... ... ... ... ... ... ... ... ...
Dominican Republic % 14.1% 16.2% 14.9% 15.8% 14.1%
Guatemala % 12.5% 12.9% 13.1% 12.6% 14.4% ...
Haiti % ... ... ... ... ... ... ... ... ...
Honduras % 5.52% 6.92% 8.94% 7.63% 7.73% ... ...
Jamaica % 37.4% 36.8% 27.7% 30.2% 27.6%
Japan % 16.3% 15.5% 14.4% 13.2% 12.7%
Mexico % 11.6% 12.0% 12.0% 12.5% 11.3%
USA % 16.4% 15.5% 13.1% 13.2% 12.4%