Share of government spending going to interest payments in Dominican Republic
Dominican Republic: Share of government spending going to interest payments was 17.5% in 2023. ◆ Volatile
Share of government spending going to interest payments in Dominican Republic, 1972–2023
Source: International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data. Measured in % of expense.
Analysis
The most recent figure for share of government spending going to interest payments in Dominican Republic is 17.5%, measured in 2023.
Compared with earlier readings it is up 10.7% on the previous year and up 19.6% over ten years.
Over the whole period, share of government spending going to interest payments in Dominican Republic peaked at 17.9% in 2021 and was at its lowest, 0.8%, in 1988.
Dominican Republic ranks 17th of 152 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Share of government spending going to interest payments in Dominican Republic, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 1.1% | — |
| 1973 | 1.8% | +58.8% |
| 1974 | 2.0% | +12.1% |
| 1975 | 1.8% | -8.2% |
| 1976 | 2.3% | +27.8% |
| 1978 | 2.4% | +4.4% |
| 1979 | 7.1% | +192.4% |
| 1980 | 6.9% | -1.6% |
| 1981 | 7.8% | +12.0% |
| 1982 | 7.6% | -1.8% |
| 1983 | 9.3% | +21.4% |
| 1984 | 6.8% | -26.3% |
| 1985 | 3.1% | -53.9% |
| 1986 | 1.1% | -63.8% |
| 1987 | 1.2% | +5.9% |
| 1988 | 0.8% | -35.6% |
| 1989 | 9.5% | +1128.5% |
| 1990 | 6.8% | -29.1% |
| 1991 | 10.7% | +58.1% |
| 1992 | 6.4% | -40.4% |
| 1993 | 11.7% | +84.1% |
| 1994 | 8.8% | -24.7% |
| 1995 | 9.1% | +3.7% |
| 1996 | 5.5% | -39.4% |
| 1997 | 3.9% | -30.0% |
| 1998 | 4.0% | +3.2% |
| 1999 | 4.7% | +17.9% |
| 2000 | 5.7% | +20.5% |
| 2001 | 5.9% | +3.8% |
| 2002 | 7.8% | +31.7% |
| 2003 | 11.7% | +50.4% |
| 2004 | 12.4% | +6.3% |
| 2005 | 8.5% | -31.4% |
| 2006 | 9.5% | +11.2% |
| 2007 | 8.5% | -10.4% |
| 2008 | 9.9% | +16.2% |
| 2009 | 12.2% | +23.7% |
| 2010 | 12.7% | +4.1% |
| 2011 | 14.5% | +13.9% |
| 2012 | 15.1% | +4.5% |
| 2013 | 14.6% | -3.3% |
| 2014 | 15.3% | +4.6% |
| 2015 | 15.1% | -1.2% |
| 2016 | 15.5% | +2.2% |
| 2017 | 15.3% | -1.0% |
| 2018 | 16.3% | +6.2% |
| 2019 | 15.7% | -3.7% |
| 2020 | 15.2% | -3.0% |
| 2021 | 17.9% | +17.8% |
| 2022 | 15.8% | -11.6% |
| 2023 | 17.5% | +10.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.6% | 1.1% | 7.1% | 7 |
| 1980s | 5.4% | 0.8% | 9.5% | 10 |
| 1990s | 7.2% | 3.9% | 11.7% | 10 |
| 2000s | 9.2% | 5.7% | 12.4% | 10 |
| 2010s | 15.0% | 12.7% | 16.3% | 10 |
| 2020s | 16.6% | 15.2% | 17.9% | 4 |
Countries ranked near Dominican Republic
More reference data data for Dominican Republic
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.7575 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.46 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.79 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0601 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.79 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.54 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.9595 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 7.91 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 13.84 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3273 (2050)
Frequently asked questions
- What is share of government spending going to interest payments in Dominican Republic?
- Share of government spending going to interest payments in Dominican Republic was 17.5% in 2023, according to International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest share of government spending going to interest payments recorded in Dominican Republic?
- The highest recorded value was 17.9% in 2021.
- What is the lowest share of government spending going to interest payments recorded in Dominican Republic?
- The lowest recorded value was 0.8% in 1988.
- How does Dominican Republic rank for share of government spending going to interest payments?
- Dominican Republic ranks 17th out of 152 countries with data for 2023.
- Is share of government spending going to interest payments rising or falling in Dominican Republic?
- Over the last ten years it is up 19.6%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Share of government spending going to interest payments. Statizoid updates them automatically from the source API.
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About this data
Interest expenditures on government debt, as share of total central government expenditures. Interest expenditures on government debt include payments on long-term bonds, long-term loans, and other debt instruments.