Military Expenditure in Dominican Republic decreased to 581.60 USD Million in 2021 from 599.10 USD Million in 2020. source: SIPRI
Military Expenditure in Dominican Republic averaged 180.93 USD Million from 1958 until 2021, reaching an all time high of 613.30 USD Million in 2019 and a record low of 33.90 USD Million in 1991. Dominican Republic Military Expenditure - values, historical data and charts - was last updated on December of 2022.
Military Expenditure in Dominican Republic is expected to reach 514.00 USD Million by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Dominican Republic Military Expenditure is projected to trend around 450.00 USD Million in 2023, according to our econometric models.