Goods and services expense in Dominican Republic
Dominican Republic: Goods and services expense was 18.9% in 2023. ▲ Rising
Goods and services expense in Dominican Republic, 1972–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for goods and services expense in Dominican Republic is 18.9%, measured in 2023.
Compared with earlier readings it is up 13.3% on the previous year and up 14.9% over ten years.
Over the whole period, goods and services expense in Dominican Republic peaked at 20.4% in 1985 and was at its lowest, 10.8%, in 1997.
That places Dominican Republic 52nd out of 154 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Goods and services expense in Dominican Republic, year by year
| Year | % of expense | Change |
|---|---|---|
| 1972 | 15.1% | — |
| 1973 | 15.0% | -0.5% |
| 1974 | 17.1% | +13.9% |
| 1975 | 17.3% | +1.2% |
| 1976 | 16.2% | -6.4% |
| 1978 | 16.2% | +0.2% |
| 1979 | 12.4% | -23.4% |
| 1980 | 12.5% | +0.5% |
| 1981 | 14.5% | +15.9% |
| 1982 | 14.0% | -3.1% |
| 1983 | 13.8% | -1.3% |
| 1984 | 18.4% | +33.5% |
| 1985 | 20.4% | +10.7% |
| 1986 | 16.3% | -20.0% |
| 1987 | 19.2% | +17.4% |
| 1988 | 15.4% | -19.7% |
| 1989 | 17.2% | +12.0% |
| 1990 | 17.7% | +2.7% |
| 1991 | 13.8% | -22.1% |
| 1992 | 16.7% | +21.0% |
| 1993 | 17.5% | +5.2% |
| 1994 | 19.2% | +9.3% |
| 1995 | 16.4% | -14.3% |
| 1996 | 14.1% | -14.3% |
| 1997 | 10.8% | -23.4% |
| 1998 | 14.9% | +37.5% |
| 1999 | 14.3% | -3.5% |
| 2000 | 14.0% | -2.2% |
| 2001 | 14.6% | +4.4% |
| 2002 | 15.4% | +5.4% |
| 2003 | 16.1% | +4.5% |
| 2004 | 13.8% | -14.5% |
| 2005 | 16.7% | +20.9% |
| 2006 | 17.8% | +6.9% |
| 2007 | 19.6% | +9.9% |
| 2008 | 14.6% | -25.5% |
| 2009 | 17.2% | +18.3% |
| 2010 | 18.8% | +8.7% |
| 2011 | 17.4% | -7.2% |
| 2012 | 17.4% | +0.1% |
| 2013 | 16.4% | -5.7% |
| 2014 | 17.1% | +4.0% |
| 2015 | 18.1% | +5.8% |
| 2016 | 17.3% | -4.3% |
| 2017 | 17.0% | -1.8% |
| 2018 | 17.5% | +3.1% |
| 2019 | 16.9% | -3.5% |
| 2020 | 15.7% | -7.1% |
| 2021 | 18.5% | +17.9% |
| 2022 | 16.7% | -10.1% |
| 2023 | 18.9% | +13.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.6% | 12.4% | 17.3% | 7 |
| 1980s | 16.2% | 12.5% | 20.4% | 10 |
| 1990s | 15.5% | 10.8% | 19.2% | 10 |
| 2000s | 16.0% | 13.8% | 19.6% | 10 |
| 2010s | 17.4% | 16.4% | 18.8% | 10 |
| 2020s | 17.4% | 15.7% | 18.9% | 4 |
Countries ranked near Dominican Republic
More public sector data for Dominican Republic
- Arms imports 10.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.8751 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0001 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 11.11 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 10.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 85.84 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0079 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 3.65 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 980.99 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 186.73 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is goods and services expense in Dominican Republic?
- Goods and services expense in Dominican Republic was 18.9% in 2023, 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 20.4% in 1985.
- What is the lowest goods and services expense recorded in Dominican Republic?
- The lowest recorded value was 10.8% in 1997.
- How does Dominican Republic rank for goods and services expense?
- Dominican Republic ranks 52nd out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Dominican Republic?
- Over the last ten years it is up 14.9%. The long-run trend across the full record is rising.
- 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 (% of expense). 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 own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.