Dominican Republic vs Iceland: Taxes less subsidies on products

Dominican Republic
421.95 billion constant LCU
in 2025
Iceland
352.05 billion constant LCU
in 2025
Dominican Republic rank
49th
Iceland rank
51st

Taxes less subsidies on products over time

  • Dominican Republic
  • Iceland
0100.0B200.0B300.0B400.0B196519952025

How they compare

Dominican Republic currently reports 421.95 billion constant LCU against 352.05 billion constant LCU in Iceland, a difference of 69.90 billion constant LCU.

That makes Dominican Republic's figure about 1.2 times Iceland's.

The two have swapped places 3 times across 31 shared years of data; in 1995 it was Iceland ahead.

Dominican Republic ranks 49th and Iceland ranks 51st of 189 countries.

Across the 4 decades both report, Dominican Republic averaged higher in 1 and Iceland in 3.

Head to head by decade

Decade Dominican Republic Iceland Difference Ahead
1990s 71.76 billion constant LCU 161.57 billion constant LCU 89.80 billion constant LCU Iceland
2000s 114.87 billion constant LCU 223.37 billion constant LCU 108.50 billion constant LCU Iceland
2010s 240.84 billion constant LCU 271.98 billion constant LCU 31.14 billion constant LCU Iceland
2020s 371.18 billion constant LCU 331.30 billion constant LCU 39.88 billion constant LCU Dominican Republic

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products, Dominican Republic or Iceland?
Dominican Republic, at 421.95 billion constant LCU against 352.05 billion constant LCU in Iceland as of 2025.
What is the difference in taxes less subsidies on products between Dominican Republic and Iceland?
69.90 billion constant LCU, with Dominican Republic ahead.
How many years of comparable data are there for Dominican Republic and Iceland?
31 years are reported by both, from 1995 to 2025.
How do Dominican Republic and Iceland rank globally for taxes less subsidies on products?
Dominican Republic ranks 49th and Iceland ranks 51st of 189 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Dominican Republic vs Iceland: Taxes less subsidies on products. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 13 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-constant-lcu/dominican-republic/iceland/

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About this data

Indicator
Taxes less subsidies on products (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
190 places, 7,356 data points, 1960–2025
Last refreshed

Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.