Dominican Republic | Goods and services expense (current LCU)

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Dominican Republic
Records
63
Source
Dominican Republic | Goods and services expense (current LCU)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 34000000
1973 37500000
1974 56300000
1975 58200000
1976 66400000
1977 79000000
1978 83200000
1979 101300000
1980 116400000
1981 138300000
1982 127300000
1983 144900000
1984 213500000
1985 343100000
1986 327100000
1987 364000000
1988 477900000
1989 620300000
1990 736200000
1991 947500000
1992 1698500000
1993 2454400000
1994 2827600000
1995 2718300000
1996 2681400000
1997 3102500000
1998 4827000000
1999 5398400000
2000 6055800000
2001 7607180507.232
2002 9139128329.52
2003 10850467447.1
2004 17185385449.213
2005 24531647209.208
2006 30893126946.454
2007 38760575338.995
2008 37285256204.739
2009 45196354885.028
2010 52847207991.783
2011 53892044112.77
2012 65798962804
2013 66473754791.901
2014 78130880318.039
2015 86017286355.47
2016 93859549405.062
2017 107872518493.58
2018 113857768821.32
2019 132664151987.6
2020 148753670683.54
2021 180538733986.52
2022

Dominican Republic | Goods and services expense (current LCU)

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Own-account capital formation is excluded. Limitations and exceptions: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD). Despite IMF efforts to standardize data collection, statistics are often incomplete, untimely, and not comparable across countries. Statistical concept and methodology: The IMF's Government Finance Statistics Manual 2014, harmonized with the 2008 SNA, recommends an accrual accounting method, focusing on all economic events affecting assets, liabilities, revenues, and expenses, not just those represented by cash transactions. It accounts for all changes in stocks, so stock data at the end of an accounting period equal stock data at the beginning of the period plus flows over the period. The 1986 manual considered only debt stocks. Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by country.
Publisher
The World Bank
Origin
Dominican Republic
Records
63
Source