Taxes on goods and services in Dominican Republic
Dominican Republic: Taxes on goods and services was 620.90 billion current LCU in 2024. ◆ Volatile
Taxes on goods and services in Dominican Republic, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, taxes on goods and services in Dominican Republic stood at 620.90 billion current LCU. That is the highest value across all 53 years on record.
Compared with earlier readings it is up 9.8% on the previous year and up 165.9% over ten years.
Over the whole period, taxes on goods and services in Dominican Republic peaked at 620.90 billion current LCU in 2024 and was at its lowest, 67.20 million current LCU, in 1972.
That places Dominican Republic 48th out of 157 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.
Taxes on goods and services in Dominican Republic, year by year
| Year | current LCU | Change |
|---|---|---|
| 1972 | 67.20 million current LCU | — |
| 1973 | 70.80 million current LCU | +5.4% |
| 1974 | 83.60 million current LCU | +18.1% |
| 1975 | 110.50 million current LCU | +32.2% |
| 1976 | 135.50 million current LCU | +22.6% |
| 1977 | 158.70 million current LCU | +17.1% |
| 1978 | 162.60 million current LCU | +2.5% |
| 1979 | 184.10 million current LCU | +13.2% |
| 1980 | 208.70 million current LCU | +13.4% |
| 1981 | 256.70 million current LCU | +23.0% |
| 1982 | 273.20 million current LCU | +6.4% |
| 1983 | 310.80 million current LCU | +13.8% |
| 1984 | 428.80 million current LCU | +38.0% |
| 1985 | 591.30 million current LCU | +37.9% |
| 1986 | 850.30 million current LCU | +43.8% |
| 1987 | 797.70 million current LCU | -6.2% |
| 1988 | 1.02 billion current LCU | +27.6% |
| 1989 | 1.24 billion current LCU | +21.5% |
| 1990 | 1.68 billion current LCU | +35.7% |
| 1991 | 2.30 billion current LCU | +36.8% |
| 1992 | 4.83 billion current LCU | +110.3% |
| 1993 | 5.97 billion current LCU | +23.5% |
| 1994 | 7.64 billion current LCU | +28.0% |
| 1995 | 8.95 billion current LCU | +17.2% |
| 1996 | 9.48 billion current LCU | +5.9% |
| 1997 | 12.72 billion current LCU | +34.2% |
| 1998 | 14.55 billion current LCU | +14.4% |
| 1999 | 13.83 billion current LCU | -4.9% |
| 2000 | 14.04 billion current LCU | +1.5% |
| 2001 | 22.45 billion current LCU | +59.9% |
| 2002 | 24.99 billion current LCU | +11.3% |
| 2003 | 35.29 billion current LCU | +41.3% |
| 2004 | 54.79 billion current LCU | +55.2% |
| 2005 | 78.84 billion current LCU | +43.9% |
| 2006 | 105.91 billion current LCU | +34.3% |
| 2007 | 137.44 billion current LCU | +29.8% |
| 2008 | 150.75 billion current LCU | +9.7% |
| 2009 | 141.94 billion current LCU | -5.8% |
| 2010 | 163.47 billion current LCU | +15.2% |
| 2011 | 181.85 billion current LCU | +11.2% |
| 2012 | 193.34 billion current LCU | +6.3% |
| 2013 | 219.17 billion current LCU | +13.4% |
| 2014 | 233.51 billion current LCU | +6.5% |
| 2015 | 258.80 billion current LCU | +10.8% |
| 2016 | 279.19 billion current LCU | +7.9% |
| 2017 | 302.70 billion current LCU | +8.4% |
| 2018 | 339.38 billion current LCU | +12.1% |
| 2019 | 369.92 billion current LCU | +9.0% |
| 2020 | 327.72 billion current LCU | -11.4% |
| 2021 | 453.88 billion current LCU | +38.5% |
| 2022 | 520.21 billion current LCU | +14.6% |
| 2023 | 565.49 billion current LCU | +8.7% |
| 2024 | 620.90 billion current LCU | +9.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 121.62 million current LCU | 67.20 million current LCU | 184.10 million current LCU | 8 |
| 1980s | 597.28 million current LCU | 208.70 million current LCU | 1.24 billion current LCU | 10 |
| 1990s | 8.19 billion current LCU | 1.68 billion current LCU | 14.55 billion current LCU | 10 |
| 2000s | 76.64 billion current LCU | 14.04 billion current LCU | 150.75 billion current LCU | 10 |
| 2010s | 254.13 billion current LCU | 163.47 billion current LCU | 369.92 billion current LCU | 10 |
| 2020s | 497.64 billion current LCU | 327.72 billion current LCU | 620.90 billion current LCU | 5 |
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 taxes on goods and services in Dominican Republic?
- Taxes on goods and services in Dominican Republic was 620.90 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on goods and services recorded in Dominican Republic?
- The highest recorded value was 620.90 billion current LCU in 2024.
- What is the lowest taxes on goods and services recorded in Dominican Republic?
- The lowest recorded value was 67.20 million current LCU in 1972.
- How does Dominican Republic rank for taxes on goods and services?
- Dominican Republic ranks 48th out of 157 countries with data for 2024.
- Is taxes on goods and services rising or falling in Dominican Republic?
- Over the last ten years it is up 165.9%. 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 Taxes on goods and services (current LCU). Statizoid updates them automatically from the source API.
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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 in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.