Goods and services expense in Dominican Republic
Dominican Republic: Goods and services expense was 260.06 billion current LCU in 2024. ◆ Volatile
Goods and services expense in Dominican Republic, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Dominican Republic recorded 260.06 billion current LCU for goods and services expense in 2024. That is the highest value across all 53 years on record.
That represents a change of up 12.8% on the previous year and up 232.8% over ten years.
Over the whole period, goods and services expense in Dominican Republic peaked at 260.06 billion current LCU in 2024 and was at its lowest, 34.00 million current LCU, in 1972.
That places Dominican Republic 46th out of 155 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods and services expense in Dominican Republic, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 34.00 million current LCU | — |
| 1973 | 37.50 million current LCU | +10.3% |
| 1974 | 56.30 million current LCU | +50.1% |
| 1975 | 58.20 million current LCU | +3.4% |
| 1976 | 66.40 million current LCU | +14.1% |
| 1977 | 79.00 million current LCU | +19.0% |
| 1978 | 83.20 million current LCU | +5.3% |
| 1979 | 101.30 million current LCU | +21.8% |
| 1980 | 116.40 million current LCU | +14.9% |
| 1981 | 138.30 million current LCU | +18.8% |
| 1982 | 127.30 million current LCU | -8.0% |
| 1983 | 144.90 million current LCU | +13.8% |
| 1984 | 213.50 million current LCU | +47.3% |
| 1985 | 343.10 million current LCU | +60.7% |
| 1986 | 327.10 million current LCU | -4.7% |
| 1987 | 364.00 million current LCU | +11.3% |
| 1988 | 477.90 million current LCU | +31.3% |
| 1989 | 620.30 million current LCU | +29.8% |
| 1990 | 736.20 million current LCU | +18.7% |
| 1991 | 947.50 million current LCU | +28.7% |
| 1992 | 1.70 billion current LCU | +79.3% |
| 1993 | 2.45 billion current LCU | +44.5% |
| 1994 | 2.83 billion current LCU | +15.2% |
| 1995 | 2.72 billion current LCU | -3.9% |
| 1996 | 2.68 billion current LCU | -1.4% |
| 1997 | 3.10 billion current LCU | +15.7% |
| 1998 | 4.83 billion current LCU | +55.6% |
| 1999 | 5.40 billion current LCU | +11.8% |
| 2000 | 6.06 billion current LCU | +12.2% |
| 2001 | 7.61 billion current LCU | +25.6% |
| 2002 | 9.14 billion current LCU | +20.1% |
| 2003 | 10.85 billion current LCU | +18.7% |
| 2004 | 17.19 billion current LCU | +58.4% |
| 2005 | 24.53 billion current LCU | +42.7% |
| 2006 | 30.89 billion current LCU | +25.9% |
| 2007 | 38.76 billion current LCU | +25.5% |
| 2008 | 37.29 billion current LCU | -3.8% |
| 2009 | 45.20 billion current LCU | +21.2% |
| 2010 | 52.85 billion current LCU | +16.9% |
| 2011 | 53.89 billion current LCU | +2.0% |
| 2012 | 65.80 billion current LCU | +22.1% |
| 2013 | 66.47 billion current LCU | +1.0% |
| 2014 | 78.13 billion current LCU | +17.5% |
| 2015 | 88.70 billion current LCU | +13.5% |
| 2016 | 98.86 billion current LCU | +11.5% |
| 2017 | 107.50 billion current LCU | +8.7% |
| 2018 | 118.15 billion current LCU | +9.9% |
| 2019 | 135.28 billion current LCU | +14.5% |
| 2020 | 149.43 billion current LCU | +10.5% |
| 2021 | 174.48 billion current LCU | +16.8% |
| 2022 | 188.18 billion current LCU | +7.9% |
| 2023 | 230.63 billion current LCU | +22.6% |
| 2024 | 260.06 billion current LCU | +12.8% |
Dominican Republic compared with similar countries
- Dominican Republic's 260.06 billion current LCU is above the median for upper middle income countries, which is 38.49 billion current LCU, 6.8× the median. (46 countries reporting)
- Dominican Republic's 260.06 billion current LCU is above the median for Latin America & Caribbean, which is 14.98 billion current LCU, 17.4× the median. (24 countries reporting)
Biggest year-on-year movements
Years where Goods and services expense in Dominican Republic changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +79.3% | 947.50 million current LCU | 1.70 billion current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 64.49 million current LCU | 34.00 million current LCU | 101.30 million current LCU | 8 |
| 1980s | 287.28 million current LCU | 116.40 million current LCU | 620.30 million current LCU | 10 |
| 1990s | 2.74 billion current LCU | 736.20 million current LCU | 5.40 billion current LCU | 10 |
| 2000s | 22.75 billion current LCU | 6.06 billion current LCU | 45.20 billion current LCU | 10 |
| 2010s | 86.56 billion current LCU | 52.85 billion current LCU | 135.28 billion current LCU | 10 |
| 2020s | 200.56 billion current LCU | 149.43 billion current LCU | 260.06 billion current LCU | 5 |
Countries ranked near Dominican Republic
- 43 Iceland 300.99 billion current LCU compare
- 44 Sri Lanka 299.70 billion current LCU compare
- 45 Afghanistan 276.17 billion current LCU compare
- 47 Equatorial Guinea 239.40 billion current LCU compare
- 48 Gabon 232.20 billion current LCU compare
- 49 South Africa 205.65 billion current LCU compare
More public sector data for Dominican Republic
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is goods and services expense in Dominican Republic?
- Goods and services expense in Dominican Republic was 260.06 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Dominican Republic?
- The highest recorded value was 260.06 billion current LCU in 2024.
- What is the lowest goods and services expense recorded in Dominican Republic?
- The lowest recorded value was 34.00 million current LCU in 1972.
- How does Dominican Republic rank for goods and services expense?
- Dominican Republic ranks 46th out of 155 countries with data for 2024.
- Is goods and services expense rising or falling in Dominican Republic?
- Over the last ten years it is up 232.8%. 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 Goods and services expense (current LCU). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. 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.