Customs and other import duties in Dominican Republic
Dominican Republic: Customs and other import duties was 60.11 billion current LCU in 2024. ◆ Volatile
Customs and other import duties in Dominican Republic, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, customs and other import duties in Dominican Republic stood at 60.11 billion current LCU. That is the highest value across all 53 years on record.
Compared with earlier readings it is up 18.3% on the previous year and up 181.8% over ten years.
Over the whole period, customs and other import duties in Dominican Republic peaked at 60.11 billion current LCU in 2024 and was at its lowest, 118.80 million current LCU, in 1972.
That places Dominican Republic 50th out of 152 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 177.61 million current LCU | 118.80 million current LCU | 221.20 million current LCU | 8 |
| 1980s | 717.79 million current LCU | 174.30 million current LCU | 2.23 billion current LCU | 10 |
| 1990s | 9.25 billion current LCU | 2.71 billion current LCU | 16.87 billion current LCU | 10 |
| 2000s | 18.09 billion current LCU | 11.95 billion current LCU | 22.06 billion current LCU | 10 |
| 2010s | 24.34 billion current LCU | 18.85 billion current LCU | 32.48 billion current LCU | 10 |
| 2020s | 46.76 billion current LCU | 29.63 billion current LCU | 60.11 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)
- Tax revenue 14.7% (2024)
- Taxes on income, profits and capital gains 29.3% (2024)
- Taxes on goods and services 47.9% (2024)
- Net investment in nonfinancial assets 2.0% (2024)
- Net lending (+) / net borrowing (-) -2.9% (2024)
- Interest payments 19.3% (2024)
- Grants and other revenue 11.9% (2024)
- Interest payments 17.5% (2023)
- Other taxes 1.3% (2024)
Frequently asked questions
- What is customs and other import duties in Dominican Republic?
- Customs and other import duties in Dominican Republic was 60.11 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Dominican Republic?
- The highest recorded value was 60.11 billion current LCU in 2024.
- What is the lowest customs and other import duties recorded in Dominican Republic?
- The lowest recorded value was 118.80 million current LCU in 1972.
- How does Dominican Republic rank for customs and other import duties?
- Dominican Republic ranks 50th out of 152 countries with data for 2024.
- Is customs and other import duties rising or falling in Dominican Republic?
- Over the last ten years it is up 181.8%. 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 Customs and other import duties (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. 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.