Dominican Republic | Taxes on goods and services (% of revenue)

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 (% of revenue)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 19.2992533
1973 18.34196891
1974 16.75015027
1975 16.14788835
1976 21.96110211
1977 23.64069715
1978 23.93992933
1979 25.15370952
1980 22.06364309
1981 26.08474749
1982 33.37405326
1983 31.51171043
1984 33.96435644
1985 34.41993131
1986 34.73589607
1987 26.00404225
1988 21.23000563
1989 20.15606164
1990 22.97097683
1991 21.01378358
1992 26.15345482
1993 28.33883336
1994 33.9832993
1995 34.19341281
1996 34.02764567
1997 34.81142069
1998 35.68343842
1999 30.15786502
2000 25.65260852
2001 35.34665847
2002 35.61347968
2003 41.9051949
2004 41.21020908
2005 47.87976767
2006 53.90047437
2007 55.76248685
2008 57.816083
2009 57.14098127
2010 57.09618736
2011 57.14680873
2012 54.65868271
2013 54.98839386
2014 52.69612962
2015 42.66910543
2016 48.97611291
2017 49.10593317
2018 52.05849564
2019 51.86103896
2020 48.4810132
2021 50.72995713
2022

Dominican Republic | Taxes on goods and services (% of revenue)

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