Fuel Prices Dominican Republic

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Part of: GIZ International Fuel Price database
Also see: Dominican Republic Energy Situation

Fuel Pricing Policies

Local Currency: DOP
Exchange Rate: 36.82


Last Update:

Pricing policy: Prices are uniform. Since Nov 2000, official prices have been published weekly according to an import-parity pricing formula. Petroleum products are taxed with a specific and an ad-valorem tax which vary by fuel type. By law, the specific tax should be indexed to inflation with quarterly adjustments, but government starting in 2007 has chosen not to implement the indexation. By regulation, maximum prices for LPG must be the same for residential, commercial, and industrial consumers.

Social protection: In Sep 2008, the price subsidy for LPG was eliminated and replaced with a social protection scheme whereby 730,000 bonogas cards were issued to poor families, entitling them to a monthly reduction of RD$228 (US$6.30 at the time) for LPG purchase.

Information: Government posts current and historical fuel prices every week on its Web site, showing data going back to Jan 2008. In addition, selective data going back to 2001 are also posted."

(Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)

Fuel Prices and Trends

Gasoline 95 Octane Diesel
in USD*

in Local Currency

* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil

Fuel Price Composition

Price composition for one litre of Gasoline 95 Octane as of 2010/11/01.

GIZ IFP2012 Dominican Republic1.png
GIZ IFP2012 Dominican Republic2.png

Source: http://www.dominicantoday.com/dr/economy/2010/10/26/37412/September-fuel-tax-revenue-jumps-478-to-RD111B

At a Glance

Transparency of
Price Composition
Transparency of Pricing
Mechanism / Monitoring
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Sources to the Public

Type of Information Web-Link / Source
Other Information http://www.dominicantoday.com/dr/economy/2011/4/8/39198/Dominican-Republic-fuel-prices-set-record (Mostly by newspapers)
Pump prices and margins http://www.seic.gov.do/hidrocarburos/default.aspx
Pump prices and margins http://www.seic.gov.do/Lists/Precios_de_combustibles/AllItems.aspx


Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices

This is a living document. If you have any comments or suggestions, please feel free to contact us: Armin.Wagner@giz.de