Military expenditure in Dominican Republic
Dominican Republic: Military expenditure was 58.31 billion current LCU in 2024. ◆ Volatile
Military expenditure in Dominican Republic, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
In 2024, military expenditure in Dominican Republic stood at 58.31 billion current LCU. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 9.7% on the previous year and up 206.0% over ten years.
Over the whole period, military expenditure in Dominican Republic peaked at 58.31 billion current LCU in 2024 and was at its lowest, 35.60 million current LCU, in 1969.
Dominican Republic ranks 79th of 167 countries on this measure, 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 LCU | 35.60 million current LCU | 42.50 million current LCU | 10 |
| 1970s | 66.32 million current LCU | 35.90 million current LCU | 120.00 million current LCU | 10 |
| 1980s | 190.65 million current LCU | 105.00 million current LCU | 339.30 million current LCU | 10 |
| 1990s | 1.42 billion current LCU | 407.50 million current LCU | 2.81 billion current LCU | 10 |
| 2000s | 7.48 billion current LCU | 4.05 billion current LCU | 11.63 billion current LCU | 10 |
| 2010s | 20.62 billion current LCU | 13.24 billion current LCU | 31.46 billion current LCU | 10 |
| 2020s | 44.43 billion current LCU | 33.26 billion current LCU | 58.31 billion current LCU | 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 58.31 billion current LCU 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 58.31 billion current LCU in 2024.
- What is the lowest military expenditure recorded in Dominican Republic?
- The lowest recorded value was 35.60 million current LCU in 1969.
- How does Dominican Republic rank for military expenditure?
- Dominican Republic ranks 79th 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 206.0%. 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 LCU). Statizoid updates them automatically from the source API.
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About this data
Military expenditure in local currency at current prices (by calendar year)