Taxes on incomes of individuals and corporations as share of GDP in Dominican Republic
Dominican Republic: Taxes on incomes of individuals and corporations as share of GDP was 5.0% in 2023. ▲ Rising
Taxes on incomes of individuals and corporations as share of GDP in Dominican Republic, 1980–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in %.
Analysis
Dominican Republic recorded 5.0% for taxes on incomes of individuals and corporations as share of gdp in 2023. That is the highest value across all 44 years on record.
Compared with earlier readings it is up 12.9% on the previous year and up 20.5% over ten years.
Over the whole period, taxes on incomes of individuals and corporations as share of gdp in Dominican Republic peaked at 5.0% in 2023 and was at its lowest, 1.6%, in 1985.
Dominican Republic ranks 124th of 184 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 44 years of available data.
Taxes on incomes of individuals and corporations as share of GDP in Dominican Republic, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 2.1% | — |
| 1981 | 1.9% | -8.6% |
| 1982 | 1.7% | -12.7% |
| 1983 | 1.6% | -1.6% |
| 1984 | 1.6% | -1.5% |
| 1985 | 1.6% | -0.2% |
| 1986 | 1.8% | +10.1% |
| 1987 | 1.7% | -4.8% |
| 1988 | 2.0% | +15.3% |
| 1989 | 2.3% | +19.0% |
| 1990 | 2.0% | -13.9% |
| 1991 | 1.9% | -6.5% |
| 1992 | 1.9% | -0.5% |
| 1993 | 1.9% | +0.5% |
| 1994 | 1.7% | -8.6% |
| 1995 | 1.9% | +10.9% |
| 1996 | 1.9% | +2.0% |
| 1997 | 2.1% | +10.6% |
| 1998 | 2.1% | -2.1% |
| 1999 | 2.3% | +11.7% |
| 2000 | 2.5% | +6.1% |
| 2001 | 3.3% | +34.4% |
| 2002 | 3.1% | -6.7% |
| 2003 | 3.2% | +3.9% |
| 2004 | 2.6% | -19.7% |
| 2005 | 2.7% | +4.8% |
| 2006 | 3.1% | +13.2% |
| 2007 | 3.8% | +22.5% |
| 2008 | 3.5% | -7.0% |
| 2009 | 3.1% | -11.5% |
| 2010 | 2.7% | -13.2% |
| 2011 | 3.0% | +9.1% |
| 2012 | 3.9% | +31.1% |
| 2013 | 4.1% | +6.8% |
| 2014 | 4.3% | +3.5% |
| 2015 | 3.7% | -13.4% |
| 2016 | 3.9% | +4.3% |
| 2017 | 4.0% | +4.3% |
| 2018 | 4.0% | -1.6% |
| 2019 | 4.2% | +6.1% |
| 2020 | 4.2% | -0.3% |
| 2021 | 4.9% | +16.2% |
| 2022 | 4.4% | -9.6% |
| 2023 | 5.0% | +12.9% |
Dominican Republic compared with similar countries
- Dominican Republic's 5.0% is below the median for upper middle income countries, which is 5.7%, 87% of the median. (54 countries reporting)
- Dominican Republic's 5.0% is below the median for Latin America & Caribbean, which is 5.8%, 85% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.8% | 1.6% | 2.3% | 10 |
| 1990s | 2.0% | 1.7% | 2.3% | 10 |
| 2000s | 3.1% | 2.5% | 3.8% | 10 |
| 2010s | 3.8% | 2.7% | 4.3% | 10 |
| 2020s | 4.6% | 4.2% | 5.0% | 4 |
Countries ranked near Dominican Republic
More economy & growth data for Dominican Republic
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 4.27 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.04 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -114.00 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -9.9 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.92 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 9.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0386 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 426.96 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 9.71 % change on previous year (2025)
Frequently asked questions
- What is taxes on incomes of individuals and corporations as share of gdp in Dominican Republic?
- Taxes on incomes of individuals and corporations as share of gdp in Dominican Republic was 5.0% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on incomes of individuals and corporations as share of gdp recorded in Dominican Republic?
- The highest recorded value was 5.0% in 2023.
- What is the lowest taxes on incomes of individuals and corporations as share of gdp recorded in Dominican Republic?
- The lowest recorded value was 1.6% in 1985.
- How does Dominican Republic rank for taxes on incomes of individuals and corporations as share of gdp?
- Dominican Republic ranks 124th out of 184 countries with data for 2023.
- Is taxes on incomes of individuals and corporations as share of gdp rising or falling in Dominican Republic?
- Over the last ten years it is up 20.5%. The long-run trend across the full record is rising.
- Where does this Dominican Republic data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on incomes of individuals and corporations as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.