Military Expenditure in Dominican Republic increased to 627 USD Million in 2020 from 613 USD Million in 2019. source: SIPRI

Military Expenditure in Dominican Republic averaged 252.48 USD Million from 1958 until 2020, reaching an all time high of 627 USD Million in 2020 and a record low of 65.50 USD Million in 1991. Dominican Republic Military Expenditure - values, historical data and charts - was last updated on September of 2021.

Military Expenditure in Dominican Republic is expected to reach 514.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Dominican Republic Military Expenditure is projected to trend around 480.00 USD Million in 2022 and 450.00 USD Million in 2023, according to our econometric models.

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Dominican Republic Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
627.00 613.00 627.00 65.50 1958 - 2020 USD Million Yearly
Constant 2019 prices

Dominican Republic Government Last Previous Highest Lowest Unit
Government Debt to GDP 69.10 50.53 69.10 16.43 percent of GDP [+]
Government Budget -7.91 -2.20 2.61 -7.91 percent of GDP [+]
Military Expenditure 627.00 613.00 627.00 65.50 USD Million [+]
Government Budget Value -6082.40 2303.60 108873.70 -81543.80 DOP Millions [+]
Government Debt 59357.40 58873.30 59357.40 19672.10 USD Million [+]
Government Revenues 78485.30 69246.90 133800.70 1123.10 DOP Millions [+]
Government Spending 125990.80 174035.03 174035.03 810.89 DOP Millions [+]
Credit Rating 40.00 [+]
Fiscal Expenditure 84567.70 66943.30 141575.10 918.00 DOP Millions [+]