Dominican Republic vs Iceland: Taxes on goods and services
Taxes on goods and services over time
- Dominican Republic
- Iceland
How they compare
Dominican Republic currently reports 620.90 billion current LCU against 486.56 billion current LCU in Iceland, a difference of 134.34 billion current LCU.
That makes Dominican Republic's figure about 1.3 times Iceland's.
The two have swapped places 1 time across 52 shared years of data; in 1972 it was Iceland ahead.
Dominican Republic ranks 48th and Iceland ranks 50th of 157 countries.
Across the 6 decades both report, Dominican Republic averaged higher in 1 and Iceland in 5.
Head to head by decade
| Decade | Dominican Republic | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 121.62 million current LCU | 438.43 million current LCU | 316.80 million current LCU | Iceland |
| 1980s | 597.28 million current LCU | 18.09 billion current LCU | 17.49 billion current LCU | Iceland |
| 1990s | 8.19 billion current LCU | 70.72 billion current LCU | 62.52 billion current LCU | Iceland |
| 2000s | 76.64 billion current LCU | 154.77 billion current LCU | 78.13 billion current LCU | Iceland |
| 2010s | 254.13 billion current LCU | 259.93 billion current LCU | 5.80 billion current LCU | Iceland |
| 2020s | 466.82 billion current LCU | 403.35 billion current LCU | 63.47 billion current LCU | Dominican Republic |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Dominican Republic or Iceland?
- Dominican Republic, at 620.90 billion current LCU against 486.56 billion current LCU in Iceland as of 2024.
- What is the difference in taxes on goods and services between Dominican Republic and Iceland?
- 134.34 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 taxes on goods and services?
- Dominican Republic ranks 48th and Iceland ranks 50th of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.