Expense in Dominican Republic
Dominican Republic: Expense was 1.22 trillion current LCU in 2023. ◆ Volatile
Expense in Dominican Republic, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Dominican Republic recorded 1.22 trillion current LCU for expense in 2023. That is the highest value across all 51 years on record.
Compared with earlier readings it is up 8.2% on the previous year and up 201.9% over ten years.
Over the whole period, expense in Dominican Republic peaked at 1.22 trillion current LCU in 2023 and was at its lowest, 225.80 million current LCU, in 1972.
That places Dominican Republic 56th out of 157 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 411.83 million current LCU | 225.80 million current LCU | 815.80 million current LCU | 7 |
| 1980s | 1.73 billion current LCU | 908.70 million current LCU | 3.60 billion current LCU | 10 |
| 1990s | 18.43 billion current LCU | 4.16 billion current LCU | 37.67 billion current LCU | 10 |
| 2000s | 138.35 billion current LCU | 43.21 billion current LCU | 262.05 billion current LCU | 10 |
| 2010s | 500.24 billion current LCU | 281.79 billion current LCU | 800.30 billion current LCU | 10 |
| 2020s | 1.06 trillion current LCU | 942.17 billion current LCU | 1.22 trillion current LCU | 4 |
Countries ranked near Dominican Republic
More public sector data for Dominican Republic
- Arms imports 10.00 million SIPRI trend indicator values (2024)
- Tax revenue 14.7% (2024)
- Taxes on income, profits and capital gains 29.3% (2024)
- Taxes on goods and services 47.9% (2024)
- Net investment in nonfinancial assets 2.0% (2024)
- Net lending (+) / net borrowing (-) -2.9% (2024)
- Interest payments 19.3% (2024)
- Grants and other revenue 11.9% (2024)
- Interest payments 17.5% (2023)
- Other taxes 1.3% (2024)
Frequently asked questions
- What is expense in Dominican Republic?
- Expense in Dominican Republic was 1.22 trillion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Dominican Republic?
- The highest recorded value was 1.22 trillion current LCU in 2023.
- What is the lowest expense recorded in Dominican Republic?
- The lowest recorded value was 225.80 million current LCU in 1972.
- How does Dominican Republic rank for expense?
- Dominican Republic ranks 56th out of 157 countries with data for 2023.
- Is expense rising or falling in Dominican Republic?
- Over the last ten years it is up 201.9%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. 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.