Dominican Republic | Taxes on goods and services (current LCU)

Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies. 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 | Taxes on goods and services (current LCU)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 67200000
1973 70800000
1974 83600000
1975 110500000
1976 135500000
1977 158700000
1978 162600000
1979 184100000
1980 208700000
1981 256700000
1982 273200000
1983 310800000
1984 428800000
1985 591300000
1986 850300000
1987 797700000
1988 1018000000
1989 1237300000
1990 1679500000
1991 2297500000
1992 4832400000
1993 5968300000
1994 7638800000
1995 8949100000
1996 9480000000
1997 12717900000
1998 14550600000
1999 13832900000
2000 14037800000
2001 22450056820.88
2002 24985779907.31
2003 35292878267.53
2004 54785166742.08
2005 78843889132.31
2006 105908919206.62
2007 137442908353
2008 150749532101.72
2009 141945046642.21
2010 163474040954.1
2011 181845662473.27
2012 193340000000
2013 219171207006.54
2014 233514797799.91
2015 241658942818.32
2016 261382312074.45
2017 284087836132.74
2018 335890594906.68
2019 366285908514.58
2020 324207263623.56
2021 449638810049.68
2022

Dominican Republic | Taxes on goods and services (current LCU)

Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies. 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