Military Expenditure in Dominican Republic increased to 602 USD Million in 2018 from 533 USD Million in 2017.

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. Dominican Republic Military Expenditure - values, historical data and charts - was last updated on July of 2020. 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.

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Dominican Republic Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
602.00 533.00 602.00 67.00 1958 - 2018 USD Million Yearly
constant 2016 prices

Dominican Republic Government Last Previous Highest Lowest Unit
Government Debt to GDP 50.53 47.90 50.53 16.43 percent [+]
Government Budget -2.31 -1.89 2.61 -6.66 percent of GDP [+]
Military Expenditure 602.00 533.00 602.00 67.00 USD Million [+]
Government Budget Value -18715.70 -13051.60 108873.70 -37095.10 DOP Millions [+]
Government Debt 44928.20 43489.40 44928.20 19672.10 USD Million [+]
Government Revenues 45815.90 45249.20 133800.70 1123.10 DOP Millions [+]
Government Spending 159916.91 116938.89 159916.91 810.89 DOP Millions [+]
Credit Rating 40.00 [+]
Fiscal Expenditure 64531.70 58300.80 78527.20 918.00 DOP Millions [+]