Military expenditure in Dominican Republic
Dominican Republic: Military expenditure was 980.99 million current USD in 2024. ◆ Volatile
Military expenditure in Dominican Republic, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
In 2024, military expenditure in Dominican Republic stood at 980.99 million current USD. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 3.7% on the previous year and up 124.2% over ten years.
Over the whole period, military expenditure in Dominican Republic peaked at 980.99 million current USD in 2024 and was at its lowest, 33.89 million current USD, in 1991.
That places Dominican Republic 86th out of 167 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 38.02 million current USD | 35.60 million current USD | 42.50 million current USD | 10 |
| 1970s | 66.32 million current USD | 35.90 million current USD | 120.00 million current USD | 10 |
| 1980s | 92.45 million current USD | 47.30 million current USD | 139.00 million current USD | 10 |
| 1990s | 101.79 million current USD | 33.89 million current USD | 175.00 million current USD | 10 |
| 2000s | 259.37 million current USD | 152.88 million current USD | 333.54 million current USD | 10 |
| 2010s | 459.83 million current USD | 348.56 million current USD | 613.30 million current USD | 10 |
| 2020s | 782.26 million current USD | 599.05 million current USD | 980.99 million current USD | 5 |
Countries ranked near Dominican Republic
More public sector data for Dominican Republic
- Arms imports 10.00 million SIPRI trend indicator values (2024)
- Tax revenue 14.7% (2024)
- Taxes on income, profits and capital gains 29.3% (2024)
- Taxes on goods and services 47.9% (2024)
- Net investment in nonfinancial assets 2.0% (2024)
- Net lending (+) / net borrowing (-) -2.9% (2024)
- Interest payments 19.3% (2024)
- Grants and other revenue 11.9% (2024)
- Interest payments 17.5% (2023)
- Other taxes 1.3% (2024)
Frequently asked questions
- What is military expenditure in Dominican Republic?
- Military expenditure in Dominican Republic was 980.99 million current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Dominican Republic?
- The highest recorded value was 980.99 million current USD in 2024.
- What is the lowest military expenditure recorded in Dominican Republic?
- The lowest recorded value was 33.89 million current USD in 1991.
- How does Dominican Republic rank for military expenditure?
- Dominican Republic ranks 86th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in Dominican Republic?
- Over the last ten years it is up 124.2%. The long-run trend across the full record is volatile.
- Where does this Dominican Republic data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)