The Dominican Republic is ranked among regional countries with a moderate foreign debt, according to the Economic Commission for Latin America and the Caribbean (ECLAC), a United Nations agency. Moderate is defined as 36 to 46% of the Gross Domestic Product.
The study reports that indebtedness levels vary widely between Latin American and Caribbean countries. Brazil has the highest public debt in Latin America (63.5% of GDP in 2014), although the amount of its net debt is much lower (37%). Other countries in South America (Uruguay, Colombia and Argentina) and some in Central America (El Salvador, Costa Rica, Honduras, the Dominican Republic and Panama), as well as Mexico, have moderate levels of indebtedness (between 36% and 44% of GDP). Chile, Peru and Paraguay are at the other end of the spectrum with debt levels below 22% of GDP.
The findings are outlined in a study, “Fiscal Panorama of Latin America and the Caribbean 2015: Policy space and dilemmas”, recently released by ECLAC.
http://repositorio.cepal.org/bitstream/11362/37748/1/S1500110_en.pdf
http://www.cepal.org/en/observatories/observatory-latin-america-and-caribbean