Subsidies and other transfers in Dominican Republic
Dominican Republic: Subsidies and other transfers was 302.21 billion current LCU in 2024. ◆ Volatile
Subsidies and other transfers in Dominican Republic, 1993–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for subsidies and other transfers in Dominican Republic is 302.21 billion current LCU, measured in 2024. That is the highest value across all 32 years on record.
That represents a change of up 18.4% on the previous year and up 153.9% over ten years.
Over the whole period, subsidies and other transfers in Dominican Republic peaked at 302.21 billion current LCU in 2024 and was at its lowest, 1.86 billion current LCU, in 1994.
Dominican Republic ranks 65th of 153 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.55 billion current LCU | 1.86 billion current LCU | 9.90 billion current LCU | 7 |
| 2000s | 41.89 billion current LCU | 7.55 billion current LCU | 99.61 billion current LCU | 10 |
| 2010s | 97.45 billion current LCU | 73.91 billion current LCU | 119.02 billion current LCU | 10 |
| 2020s | 251.72 billion current LCU | 185.80 billion current LCU | 302.21 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 subsidies and other transfers in Dominican Republic?
- Subsidies and other transfers in Dominican Republic was 302.21 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Dominican Republic?
- The highest recorded value was 302.21 billion current LCU in 2024.
- What is the lowest subsidies and other transfers recorded in Dominican Republic?
- The lowest recorded value was 1.86 billion current LCU in 1994.
- How does Dominican Republic rank for subsidies and other transfers?
- Dominican Republic ranks 65th out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Dominican Republic?
- Over the last ten years it is up 153.9%. 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 Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.