Taxes on international trade in Dominican Republic
Dominican Republic: Taxes on international trade was 5.5% in 2024. ◆ Volatile
Taxes on international trade in Dominican Republic, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, taxes on international trade in Dominican Republic stood at 5.5%.
That represents a change of up 3.7% on the previous year and down 8.9% over ten years.
Over the whole period, taxes on international trade in Dominican Republic peaked at 48.9% in 1975 and was at its lowest, 4.9%, in 2020.
Dominican Republic ranks 63rd of 154 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on international trade in Dominican Republic, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1972 | 40.3% | — |
| 1973 | 43.2% | +7.2% |
| 1974 | 46.6% | +7.9% |
| 1975 | 48.9% | +5.0% |
| 1976 | 41.8% | -14.7% |
| 1977 | 44.7% | +7.0% |
| 1978 | 37.6% | -15.8% |
| 1979 | 38.5% | +2.2% |
| 1980 | 31.2% | -19.0% |
| 1981 | 28.5% | -8.6% |
| 1982 | 23.9% | -16.2% |
| 1983 | 26.3% | +10.2% |
| 1984 | 28.2% | +7.0% |
| 1985 | 33.7% | +19.7% |
| 1986 | 29.6% | -12.2% |
| 1987 | 39.1% | +32.1% |
| 1988 | 40.3% | +3.2% |
| 1989 | 40.6% | +0.7% |
| 1990 | 40.1% | -1.4% |
| 1991 | 43.0% | +7.4% |
| 1992 | 44.2% | +2.7% |
| 1993 | 43.3% | -2.0% |
| 1994 | 38.1% | -12.0% |
| 1995 | 36.4% | -4.5% |
| 1996 | 36.6% | +0.5% |
| 1997 | 35.9% | -1.7% |
| 1998 | 36.8% | +2.4% |
| 1999 | 39.2% | +6.4% |
| 2000 | 42.4% | +8.3% |
| 2001 | 30.8% | -27.4% |
| 2002 | 31.6% | +2.8% |
| 2003 | 20.9% | -34.0% |
| 2004 | 28.0% | +34.2% |
| 2005 | 23.0% | -18.0% |
| 2006 | 13.7% | -40.5% |
| 2007 | 9.5% | -30.8% |
| 2008 | 9.5% | +0.7% |
| 2009 | 8.8% | -7.2% |
| 2010 | 8.2% | -7.4% |
| 2011 | 7.2% | -11.6% |
| 2012 | 6.6% | -8.3% |
| 2013 | 6.0% | -9.9% |
| 2014 | 6.0% | +0.4% |
| 2015 | 5.5% | -8.0% |
| 2016 | 6.4% | +16.8% |
| 2017 | 6.2% | -3.5% |
| 2018 | 6.1% | -1.8% |
| 2019 | 5.6% | -8.0% |
| 2020 | 4.9% | -12.0% |
| 2021 | 5.5% | +10.6% |
| 2022 | 5.8% | +5.9% |
| 2023 | 5.3% | -9.0% |
| 2024 | 5.5% | +3.7% |
Dominican Republic compared with similar countries
- Dominican Republic's 5.5% is above the median for upper middle income countries, which is 4.5%, 1.2× the median. (48 countries reporting)
- Dominican Republic's 5.5% is above the median for Latin America & Caribbean, which is 4.7%, 1.2× the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 42.7% | 37.6% | 48.9% | 8 |
| 1980s | 32.1% | 23.9% | 40.6% | 10 |
| 1990s | 39.3% | 35.9% | 44.2% | 10 |
| 2000s | 21.8% | 8.8% | 42.4% | 10 |
| 2010s | 6.4% | 5.5% | 8.2% | 10 |
| 2020s | 5.4% | 4.9% | 5.8% | 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 international trade in Dominican Republic?
- Taxes on international trade in Dominican Republic was 5.5% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Dominican Republic?
- The highest recorded value was 48.9% in 1975.
- What is the lowest taxes on international trade recorded in Dominican Republic?
- The lowest recorded value was 4.9% in 2020.
- How does Dominican Republic rank for taxes on international trade?
- Dominican Republic ranks 63rd out of 154 countries with data for 2024.
- Is taxes on international trade rising or falling in Dominican Republic?
- Over the last ten years it is down 8.9%. 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 international trade (% of revenue). Statizoid updates them automatically from the source API.
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About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.