Tax revenue in Dominican Republic
Dominican Republic: Tax revenue was 1.09 trillion current LCU in 2024. ◆ Volatile
Tax revenue in Dominican Republic, 1972–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Dominican Republic recorded 1.09 trillion current LCU for tax revenue in 2024. That is the highest value across all 53 years on record.
The figure is up 10.9% on the previous year and up 177.9% over ten years.
Over the whole period, tax revenue in Dominican Republic peaked at 1.09 trillion current LCU in 2024 and was at its lowest, 275.30 million current LCU, in 1972.
That places Dominican Republic 50th 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 479.29 million current LCU | 275.30 million current LCU | 606.60 million current LCU | 8 |
| 1980s | 1.91 billion current LCU | 659.60 million current LCU | 5.25 billion current LCU | 10 |
| 1990s | 22.49 billion current LCU | 6.21 billion current LCU | 40.41 billion current LCU | 10 |
| 2000s | 135.59 billion current LCU | 47.84 billion current LCU | 235.31 billion current LCU | 10 |
| 2010s | 409.99 billion current LCU | 242.10 billion current LCU | 610.50 billion current LCU | 10 |
| 2020s | 855.04 billion current LCU | 555.30 billion current LCU | 1.09 trillion 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 tax revenue in Dominican Republic?
- Tax revenue in Dominican Republic was 1.09 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Dominican Republic?
- The highest recorded value was 1.09 trillion current LCU in 2024.
- What is the lowest tax revenue recorded in Dominican Republic?
- The lowest recorded value was 275.30 million current LCU in 1972.
- How does Dominican Republic rank for tax revenue?
- Dominican Republic ranks 50th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Dominican Republic?
- Over the last ten years it is up 177.9%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.