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Nonfinancial public sector debt represents the 28.5% of GDP

 

At the end of the second quarter of 2010, the nonfinancial public sector (NFPS) external and domestic debt totaled US$13,836.9 million. This amount represents the 28.5% of the estimated GDP for the first semester of US$48,583.3 million, based on Central Bank’s expectations that the economy maintained the 7.5% real GDP growth of the first quarter of the year in April-June 2010.

As of June 30th 2010, the 64.8% of the NFPS total debt corresponds to external debt, which presented a balance of US$8,964.1 million, while the remaining 35.2% corresponds to domestic debt, which totaled RD$179,083.9 million (equivalent to US$4,872.8 million). These amounts represent 18.5% and 10.0% of the estimated GDP, respectively.

For more details, see the Quarterly Report of the Dominican Republic Public Debt - June 2010.