Paying taxes: Profit tax in Dominican Republic
Dominican Republic: Paying taxes: Profit tax was 29.1% in 2019. ▲ Rising
Paying taxes: Profit tax in Dominican Republic, 2005–2019
Source: World Bank. Measured in % of profits.
Analysis
The most recent figure for paying taxes: profit tax in Dominican Republic is 29.1%, measured in 2019. That is the highest value across all 15 years on record.
Compared with earlier readings it is up 49.2% over ten years.
Over the whole period, paying taxes: profit tax in Dominican Republic peaked at 29.1% in 2017 and was at its lowest, 19.5%, in 2009.
That places Dominican Republic 16th out of 190 countries with data for 2019, putting it in the top 10%.
The long-run direction has been consistently rising across the 15 years of available data.
Paying taxes: Profit tax in Dominican Republic, year by year
| Year | % of profits | Change |
|---|---|---|
| 2005 | 25.4% | — |
| 2006 | 25.3% | -0.4% |
| 2007 | 28.9% | +14.2% |
| 2008 | 20.6% | -28.7% |
| 2009 | 19.5% | -5.3% |
| 2010 | 20.7% | +6.2% |
| 2011 | 21.5% | +3.9% |
| 2012 | 23.7% | +10.2% |
| 2013 | 23.7% | +0.0% |
| 2014 | 23.7% | +0.0% |
| 2015 | 23.7% | +0.0% |
| 2016 | 22.6% | -4.6% |
| 2017 | 29.1% | +28.8% |
| 2018 | 29.1% | +0.0% |
| 2019 | 29.1% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.9% | 19.5% | 28.9% | 5 |
| 2010s | 24.7% | 20.7% | 29.1% | 10 |
Countries ranked near Dominican Republic
More reference data data for Dominican Republic
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.7575 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.46 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 2.79 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0601 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 2.79 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 2.54 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.9595 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 7.91 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 13.84 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.3273 (2050)
Frequently asked questions
- What is paying taxes: profit tax in Dominican Republic?
- Paying taxes: profit tax in Dominican Republic was 29.1% in 2019, according to the World Bank.
- What is the highest paying taxes: profit tax recorded in Dominican Republic?
- The highest recorded value was 29.1% in 2017.
- What is the lowest paying taxes: profit tax recorded in Dominican Republic?
- The lowest recorded value was 19.5% in 2009.
- How does Dominican Republic rank for paying taxes: profit tax?
- Dominican Republic ranks 16th out of 190 countries with data for 2019.
- Is paying taxes: profit tax rising or falling in Dominican Republic?
- Over the last ten years it is up 49.2%. The long-run trend across the full record is rising.
- Where does this Dominican Republic data come from?
- The figures come from the World Bank, published as part of Paying taxes: Profit tax (% of profits). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The profit tax measures the amount of income taxes borne by the business in the second year of operation, expressed as a share of commercial pro?t.