Dominican Republic vs Iceland: Taxes less subsidies on products

Dominican Republic
543.45 billion current LCU
in 2025
Iceland
498.69 billion current LCU
in 2025
Dominican Republic rank
56th
Iceland rank
58th

Taxes less subsidies on products over time

  • Dominican Republic
  • Iceland
0200.0B400.0B600.0B196019922025

How they compare

Dominican Republic currently reports 543.45 billion current LCU against 498.69 billion current LCU in Iceland, a difference of 44.76 billion current LCU.

That makes Dominican Republic's figure about 1.1 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 56th and Iceland ranks 58th of 199 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 22.88 billion current LCU 75.43 billion current LCU 52.54 billion current LCU Iceland
2000s 71.72 billion current LCU 138.21 billion current LCU 66.49 billion current LCU Iceland
2010s 216.95 billion current LCU 237.26 billion current LCU 20.31 billion current LCU Iceland
2020s 436.72 billion current LCU 414.79 billion current LCU 21.93 billion current 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 543.45 billion current LCU against 498.69 billion current LCU in Iceland as of 2025.
What is the difference in taxes less subsidies on products between Dominican Republic and Iceland?
44.76 billion current 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 56th and Iceland ranks 58th of 199 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (current 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 12 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-lcu/dominican-republic/iceland/

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About this data

Indicator
Taxes less subsidies on products (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 8,473 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.