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 July 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.