The Dominican Republic stays among the many international locations in Latin America and the Caribbean with the bottom proportion of public debt relative to its Gross Home Product (GDP), in line with information from the Worldwide Financial Fund (IMF) and nationwide organizations.

In keeping with the newest figures, the nation’s Consolidated Public Debt reached 57.4% of GDP in 2024 and 56.9% by August 2025, beneath the regional common.

The IMF report ranks the Dominican Republic beneath economies similar to Bolivia (95%), Brazil (87.3%), Argentina (85.3%), and Costa Rica (74.2%), all of which had greater debt ranges on the finish of 2024.

The decline within the debt-to-GDP ratio is primarily on account of nominal GDP progress, which has outpaced debt progress. Between 2021 and 2024, nominal GDP in {dollars} grew on common by 13%, whereas debt rose by 7% over the identical interval.

Likewise, the discount in consolidated debt has been influenced by a decline in home debt, significantly that of the Central Financial institution, which decreased by 13.1% in 2024 in comparison with 2023 and by 5.4% in August 2025 in comparison with July of the identical yr. In distinction, exterior debt elevated 4.7% in 2024 in comparison with the earlier yr.

With these outcomes, the Dominican Republic maintains a managed debt profile and a extra strong fiscal place than most international locations within the area, consolidating its place as one of many economies with the bottom relative debt in Latin America and the Caribbean.