The Dominican Republic's General Directorate of Internal Taxes (DGII) has announced a strong performance in tax revenue collection for the first semester of 2025, surpassing initial projections and demonstrating significant year-on-year growth. This achievement highlights the nation's economic dynamism and the effectiveness of its tax administration.
From January to June 2025, the DGII collected RD$472,172.1 million in tax revenue. This figure represents a 1.3% surplus over the targeted amount and an increase of RD$40,231.0 million compared to the same period in 2024, marking a 9.3% year-on-year expansion. In June alone, the DGII collected RD$70,567.6 million, exceeding the monthly goal by 2.2% and showing a substantial 14.3% increase from June 2024. Key contributors to this performance include Corporate Income Tax and Asset Tax, which saw a 17.0% year-on-year growth, and Personal Income Tax, which experienced a 16.5% increase, largely driven by higher withholding taxes from employees. The DGII attributes this success to economic vitality across key sectors, increased business formalization, and enhanced voluntary tax compliance, supported by modernized digital platforms and strengthened oversight processes.
This fiscal strength is occurring within a broader context of economic resilience for the Dominican Republic. Projections for 2025 indicate a GDP growth of around 4-5%, driven by robust consumption and investment. The nation's economic trajectory has been consistently strong, outperforming regional averages. The DGII's achievement in exceeding tax revenue targets is a testament to the nation's sound fiscal management and effective tax administration strategies, supporting the government's ability to fund public services and reflecting growing confidence in the Dominican Republic's economic future.