Dominican Republic vs Latin America & Caribbean (excluding high income): Taxes on goods and services
Taxes on goods and services over time
- Dominican Republic
- Latin America & Caribbean (excluding high income)
How they compare
Dominican Republic currently reports 47.9% against 36.1% in Latin America & Caribbean (excluding high income), a difference of 11.8%.
That makes Dominican Republic's figure about 1.3 times Latin America & Caribbean (excluding high income)'s.
The two have swapped places 1 time across 25 shared years of data; in 1998 it was Latin America & Caribbean (excluding high income) ahead.
Dominican Republic ranks 11th and Latin America & Caribbean (excluding high income) ranks 9th of 156 countries.
Across the 4 decades both report, Dominican Republic averaged higher in 3 and Latin America & Caribbean (excluding high income) in 1.
Head to head by decade
| Decade | Dominican Republic | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 32.9% | 42.0% | 9.0% | Latin America & Caribbean (excluding high income) |
| 2000s | 47.7% | 42.0% | 5.7% | Dominican Republic |
| 2010s | 53.5% | 37.8% | 15.7% | Dominican Republic |
| 2020s | 49.6% | 35.5% | 14.1% | 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 Latin America & Caribbean (excluding high income)?
- Dominican Republic, at 47.9% against 36.1% in Latin America & Caribbean (excluding high income) as of 2024.
- What is the difference in taxes on goods and services between Dominican Republic and Latin America & Caribbean (excluding high income)?
- 11.8%, with Dominican Republic ahead.
- How many years of comparable data are there for Dominican Republic and Latin America & Caribbean (excluding high income)?
- 25 years are reported by both, from 1998 to 2024.
- How do Dominican Republic and Latin America & Caribbean (excluding high income) rank globally for taxes on goods and services?
- Dominican Republic ranks 11th and Latin America & Caribbean (excluding high income) ranks 9th of 156 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 (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.