Military Expenditure in Dominican Republic increased to 602 USD Million in 2018 from 533 USD Million in 2017. Dominican Republic Military Expenditure - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Military Expenditure in Dominican Republic averaged 246.04 USD Million from 1958 until 2018, reaching an all time high of 602 USD Million in 2018 and a record low of 67 USD Million in 1991. source: SIPRI
Military Expenditure in Dominican Republic is expected to reach 514.00 USD Million by the end of 2020, 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 2021, according to our econometric models.