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Government Finance of the Dominican Republic

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Overview Economy Population Trade Government Finance Society Environment

Tax Revenue Composition

10.8% 17.8% 59.0%
  • Personal income taxes: 10.8%
  • Corporate income taxes: 17.8%
  • Social security contributions: 0.7%
  • Payroll taxes: 0.5%
  • Property taxes: 4.8%
  • Goods and services taxes: 59.0%
Show table
Personal income taxes
10.8%
Corporate income taxes
17.8%
Social security contributions
0.7%
Payroll taxes
0.5%
Property taxes
4.8%
Goods and services taxes
59.0%

Source: OECD Global Revenue Statistics Database, 2024.

Government Debt

Government Gross Debt (% of GDP) 58.3% #78 / 184 2026
Government Gross Debt (Local currency - DOP) 5.02T - 2026
Government Net Debt (% of GDP) 47.1% #39 / 86 2026
Government Net Debt (Local currency - DOP) 4.05T - 2026

Fiscal Balance

Fiscal Balance (% of GDP) -3.5% #110 / 189 2026
Fiscal Balance (Local currency - DOP) -300B - 2026
Primary Fiscal Balance (% of GDP) 0.2% #55 / 182 2026
Primary Fiscal Balance (Local currency - DOP) 15.2B - 2026

Revenue and Spending

Government Revenue (% of GDP) 15.9% #165 / 189 2026
Government Revenue (Local currency - DOP) 1.37T - 2026
Government Spending (% of GDP) 19.4% #156 / 189 2026
Government Spending (Local currency - DOP) 1.67T - 2026

International Reserves

Total Reserves (USD) 13.5B #72 / 163 2024

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