Taxes on goods and services in Dominican Republic
Dominican Republic: Taxes on goods and services was 9.5% in 2024. ▲ Rising
Taxes on goods and services in Dominican Republic, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % value added of industry and services.
Analysis
The most recent figure for taxes on goods and services in Dominican Republic is 9.5%, measured in 2024.
That represents a change of up 0.7% on the previous year and up 5.2% over ten years.
Over the whole period, taxes on goods and services in Dominican Republic peaked at 11.0% in 2007 and was at its lowest, 2.3%, in 1991.
That places Dominican Republic 81st out of 154 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 53 years of available data.
Taxes on goods and services in Dominican Republic, year by year
| Year | % value added of industry and services | Change |
|---|---|---|
| 1972 | 5.0% | — |
| 1973 | 4.5% | -9.2% |
| 1974 | 4.5% | +0.3% |
| 1975 | 4.7% | +3.9% |
| 1976 | 4.9% | +4.3% |
| 1977 | 5.0% | +2.3% |
| 1978 | 4.7% | -5.5% |
| 1979 | 4.7% | -1.7% |
| 1980 | 4.4% | -5.0% |
| 1981 | 4.8% | +9.5% |
| 1982 | 4.6% | -5.9% |
| 1983 | 4.8% | +5.4% |
| 1984 | 5.7% | +18.7% |
| 1985 | 4.9% | -14.1% |
| 1986 | 6.6% | +34.3% |
| 1987 | 4.4% | -32.5% |
| 1988 | 4.1% | -8.3% |
| 1989 | 3.8% | -7.8% |
| 1990 | 3.6% | -4.8% |
| 1991 | 2.3% | -35.3% |
| 1992 | 4.2% | +80.7% |
| 1993 | 4.5% | +7.9% |
| 1994 | 5.0% | +11.8% |
| 1995 | 5.1% | +1.2% |
| 1996 | 4.8% | -5.2% |
| 1997 | 5.5% | +13.3% |
| 1998 | 5.5% | +1.3% |
| 1999 | 4.7% | -15.1% |
| 2000 | 4.3% | -9.6% |
| 2001 | 6.3% | +47.4% |
| 2002 | 6.2% | -1.8% |
| 2003 | 6.5% | +4.6% |
| 2004 | 6.7% | +4.4% |
| 2005 | 8.5% | +25.7% |
| 2006 | 9.7% | +14.5% |
| 2007 | 11.0% | +13.9% |
| 2008 | 10.4% | -5.2% |
| 2009 | 9.4% | -10.0% |
| 2010 | 9.4% | +0.5% |
| 2011 | 9.3% | -1.1% |
| 2012 | 9.2% | -1.8% |
| 2013 | 9.5% | +3.4% |
| 2014 | 9.0% | -4.9% |
| 2015 | 9.2% | +2.2% |
| 2016 | 9.1% | -0.8% |
| 2017 | 9.2% | +0.4% |
| 2018 | 9.2% | +0.1% |
| 2019 | 9.2% | -0.1% |
| 2020 | 8.3% | -9.3% |
| 2021 | 9.4% | +13.6% |
| 2022 | 9.3% | -1.1% |
| 2023 | 9.4% | +0.8% |
| 2024 | 9.5% | +0.7% |
Dominican Republic compared with similar countries
- Dominican Republic's 9.5% is below the median for upper middle income countries, which is 9.8%, 96% of the median. (48 countries reporting)
- Dominican Republic's 9.5% is above the median for Latin America & Caribbean, which is 9.1%, 1.0× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Taxes on goods and services 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 | +80.7% | 2.3% | 4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 4.7% | 4.5% | 5.0% | 8 |
| 1980s | 4.8% | 3.8% | 6.6% | 10 |
| 1990s | 4.5% | 2.3% | 5.5% | 10 |
| 2000s | 7.9% | 4.3% | 11.0% | 10 |
| 2010s | 9.2% | 9.0% | 9.5% | 10 |
| 2020s | 9.2% | 8.3% | 9.5% | 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 9.5% 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 11.0% in 2007.
- What is the lowest taxes on goods and services recorded in Dominican Republic?
- The lowest recorded value was 2.3% in 1991.
- How does Dominican Republic rank for taxes on goods and services?
- Dominican Republic ranks 81st out of 154 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 5.2%. 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 Taxes on goods and services (% value added of industry and services). Statizoid updates them automatically from the source API.
Download this data
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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 value added in industry and services which is the contribution to the economy by industries in ISIC (Rev. 3) divisions 05-43 and 50-99.