Dominican Republic vs Nicaragua: Taxes on goods and services
Taxes on goods and services over time
- Dominican Republic
- Nicaragua
How they compare
Dominican Republic currently reports 47.9% against 47.5% in Nicaragua, a difference of 0.4%.
The two have swapped places 3 times across 35 shared years of data; in 1990 it was Nicaragua ahead.
Dominican Republic ranks 11th and Nicaragua ranks 12th of 156 countries.
Across the 4 decades both report, Dominican Republic averaged higher in 2 and Nicaragua in 2.
Head to head by decade
| Decade | Dominican Republic | Nicaragua | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 30.1% | 46.6% | 16.5% | Nicaragua |
| 2000s | 45.2% | 51.3% | 6.1% | Nicaragua |
| 2010s | 53.5% | 49.1% | 4.4% | Dominican Republic |
| 2020s | 49.6% | 46.9% | 2.8% | 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 Nicaragua?
- Dominican Republic, at 47.9% against 47.5% in Nicaragua as of 2024.
- What is the difference in taxes on goods and services between Dominican Republic and Nicaragua?
- 0.4%, with Dominican Republic ahead.
- How many years of comparable data are there for Dominican Republic and Nicaragua?
- 35 years are reported by both, from 1990 to 2024.
- How do Dominican Republic and Nicaragua rank globally for taxes on goods and services?
- Dominican Republic ranks 11th and Nicaragua ranks 12th 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.
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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.