Dominican Republic | Taxes on goods and services (% value added of industry and services)

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 (% value added of industry and services)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972 4.96797672
1973 4.50869898
1974 4.52195868
1975 4.69849036
1976 4.8982698
1977 5.01187152
1978 4.73587524
1979 4.65527324
1980 4.42363785
1981 4.84257493
1982 4.55728201
1983 4.80416534
1984 5.70448677
1985 4.90271313
1986 6.58222835
1987 4.44461239
1988 4.07456263
1989 3.75473566
1990 3.57498815
1991 2.3132617
1992 4.17974223
1993 4.50848165
1994 5.03861529
1995 5.09847977
1996 4.83193676
1997 5.4753819
1998 5.545746
1999 4.70865187
2000 4.2588574
2001 6.27737561
2002 6.16685712
2003 6.45005595
2004 6.73134788
2005 8.45812784
2006 9.68305068
2007 11.02492481
2008 10.44767608
2009 9.40435538
2010 9.45113961
2011 9.34580235
2012 9.17362561
2013 9.48712696
2014 9.0199125
2015 8.60975666
2016 8.57322684
2017 8.53853767
2018 9.06892189
2019 9.18902626
2020 8.31517463
2021 9.55175041
2022

Dominican Republic | Taxes on goods and services (% value added of industry and services)

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