Dominican Republic vs Iceland: Tax revenue
Tax revenue over time
- Dominican Republic
- Iceland
How they compare
Dominican Republic currently reports 1.09 trillion current LCU against 1.01 trillion current LCU in Iceland, a difference of 75.79 billion current LCU.
That makes Dominican Republic's figure about 1.1 times Iceland's.
The two have swapped places 3 times across 52 shared years of data; in 1972 it was Dominican Republic ahead.
Dominican Republic ranks 50th and Iceland ranks 53rd of 157 countries.
Iceland has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Dominican Republic | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 479.29 million current LCU | 809.84 million current LCU | 330.55 million current LCU | Iceland |
| 1980s | 1.91 billion current LCU | 28.82 billion current LCU | 26.91 billion current LCU | Iceland |
| 1990s | 22.49 billion current LCU | 112.04 billion current LCU | 89.56 billion current LCU | Iceland |
| 2000s | 135.59 billion current LCU | 266.71 billion current LCU | 131.13 billion current LCU | Iceland |
| 2010s | 409.99 billion current LCU | 545.61 billion current LCU | 135.62 billion current LCU | Iceland |
| 2020s | 796.68 billion current LCU | 811.21 billion current LCU | 14.53 billion current LCU | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher tax revenue, Dominican Republic or Iceland?
- Dominican Republic, at 1.09 trillion current LCU against 1.01 trillion current LCU in Iceland as of 2024.
- What is the difference in tax revenue between Dominican Republic and Iceland?
- 75.79 billion current LCU, with Dominican Republic ahead.
- How many years of comparable data are there for Dominican Republic and Iceland?
- 52 years are reported by both, from 1972 to 2023.
- How do Dominican Republic and Iceland rank globally for tax revenue?
- Dominican Republic ranks 50th and Iceland ranks 53rd of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.