Dominican Republic | Goods and services expense (% of expense)

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Dominican Republic
Records
63
Source
Dominican Republic | Goods and services expense (% of expense)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 15.05757307
1973 14.98202157
1974 17.07095209
1975 17.27002967
1976 16.17145641
1977
1978 16.20253165
1979 12.41725913
1980 12.47454721
1981 14.45745348
1982 14.00902388
1983 13.82369777
1984 18.44811198
1985 20.41411317
1986 16.32724369
1987 19.16293762
1988 15.3922958
1989 17.24061258
1990 17.70264746
1991 13.79084492
1992 16.68369251
1993 17.54559037
1994 19.18486705
1995 16.44972133
1996 14.10224045
1997 10.80761915
1998 14.85779365
1999 14.33228907
2000 14.013352
2001 14.62821012
2002 15.42483983
2003 16.11358324
2004 13.77223209
2005 16.65439641
2006 17.79908814
2007 19.56183349
2008 14.57379012
2009 17.2474023
2010 18.75420987
2011 17.39678159
2012 17.4152515
2013 16.41968312
2014 17.07294615
2015 17.64689504
2016 16.66649792
2017 17.70823781
2018 17.11578696
2019 18.32997642
2020 15.59890793
2021 18.80154635
2022

Dominican Republic | Goods and services expense (% of expense)

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Dominican Republic
Records
63
Source