IBOV 171,336.99 ▼ 0.52% IPC MEX 71,564.96 ▼ 0.42% MERVAL 2,848,945 — — USD/BRL5.58▲ 1.35% USD/MXN18.60▲ 0.34% USD/CLP983.69▲ 1.70% USD/COP3,297▲ 5.67% USD/PEN3.42▲ 0.36% USD/ARS1,545▼ 0.03% USD/UYU40.43▲ 3.52% USD/PYG6,196▲ 1.99% USD/BOB11.68▲ 0.19% USD/DOP60.46▲ 2.41% USD/CRC445.62▲ 1.24% USD/GTQ7.64▲ 2.97% USD/HNL26.89▲ 3.05% USD/NIO36.62▲ 2.53% USD/VES899.36▲ 0.14% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.50▲ 2.23% USD/TTD6.72▲ 2.10% EUR/BRL6.23▲ 1.64% BRENT 92.49 ▲ 1.09% WTI 86.68 ▲ 0.74% IRON ORE 161.91 — — COPPER 6.31 ▲ 1.48% GOLD 4,053 ▲ 0.56% SILVER 52.37 ▲ 2.48% SOY 1,225 — 0.00% CORN 448.25 ▼ 0.17% WHEAT 594.00 ▲ 0.21% COFFEE 266.75 ▼ 2.50% SUGAR 18.15 ▼ 0.33% ORANGE JUICE 146.15 ▲ 5.64% COTTON 78.28 ▼ 0.63% COCOA 4,852 ▼ 3.04% BEEF 222.55 ▲ 2.94% CATTLE 326.68 ▼ 0.51% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 ▼ 1.98% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 ▼ 2.49% WEGE3 50.95 ▲ 0.41% PRIO3 60.02 ▲ 1.06% SUZB3 54.46 ▲ 0.48% RENT3 29.79 ▼ 3.37% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 ▼ 3.25% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 ▲ 2.23% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 ▼ 1.21% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45% IBOV 171,336.99 ▼ 0.52% IPC MEX 71,564.96 ▼ 0.42% MERVAL 2,848,945 — — USD/BRL 5.58 ▲ 1.35% USD/MXN 18.60 ▲ 0.34% USD/CLP 983.69 ▲ 1.70% USD/COP 3,297 ▲ 5.67% USD/PEN 3.42 ▲ 0.36% USD/ARS 1,545 ▼ 0.03% USD/UYU 40.43 ▲ 3.52% USD/PYG 6,196 ▲ 1.99% USD/BOB 11.68 ▲ 0.19% USD/DOP 60.46 ▲ 2.41% USD/CRC 445.62 ▲ 1.24% USD/GTQ 7.64 ▲ 2.97% USD/HNL 26.89 ▲ 3.05% USD/NIO 36.62 ▲ 2.53% USD/VES 899.36 ▲ 0.14% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.46% USD/TTD 6.72 ▲ 2.30% EUR/BRL 6.23 ▲ 1.65% BRENT 92.49 ▲ 1.09% WTI 86.68 ▲ 0.74% IRON ORE 161.91 — — COPPER 6.31 ▲ 1.48% GOLD 4,053 ▲ 0.56% SILVER 52.37 ▲ 2.48% SOY 1,225 — 0.00% CORN 448.25 ▼ 0.17% WHEAT 594.00 ▲ 0.21% COFFEE 266.75 ▼ 2.50% SUGAR 18.15 ▼ 0.33% ORANGE JUICE 146.15 ▲ 5.64% COTTON 78.28 ▼ 0.63% COCOA 4,852 ▼ 3.04% BEEF 222.55 ▲ 2.94% CATTLE 326.68 ▼ 0.51% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 ▼ 1.98% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 ▼ 2.49% WEGE3 50.95 ▲ 0.41% PRIO3 60.02 ▲ 1.06% SUZB3 54.46 ▲ 0.48% RENT3 29.79 ▼ 3.37% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 ▼ 3.25% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 ▲ 2.23% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 ▼ 1.21% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45%
since 2009
Wednesday, November 11, 2026

Dominican Republic Flexes Military Muscle in the Caribbean

By · · 2 min read

The Dominican Republic is quietly reshaping the Caribbean’s security landscape. With a 14% boost in military spending to $893 million in 2023, the country is making waves in regional defense circles.

This move comes as part of a larger trend, with Central America and the Caribbean seeing a 54% increase in military expenditure since 2014.

At the heart of this buildup lies a complex web of motivations. The ongoing turmoil in neighboring Haiti, exacerbated by the 2021 assassination of President Jovenel Moïse, has pushed border security to the forefront.

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Additionally, the Dominican government sees a stronger military as a tool to combat organized crime, a persistent challenge in the region.

Spain has emerged as a key ally in this endeavor, leveraging historical ties to become a primary supplier of military hardware. This partnership is breathing new life into the Spanish defense industry while equipping Dominican forces with modern capabilities.

Dominican Republic Flexes Military Muscle in the Caribbean
Dominican Republic Flexes Military Muscle in the Caribbean.
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In addition, the focus of this military modernization is multifaceted. Naval assets are getting a significant upgrade.

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A Shift in Caribbean Dynamics

New patrol vessels and frigates are set to safeguard the country’s coastline and economic interests at sea. Air defense systems are also on the shopping list, signaling a comprehensive approach to national security.

While the Dominican Republic‘s military budget pales in comparison to regional giants like Brazil ($22.9 billion) or Colombia ($11.8 billion), its growing capabilities are shifting power dynamics in the Caribbean.

However, this evolution could have far-reaching effects on regional stability and the fight against transnational crime.

Critics question whether military spending should take precedence over social programs. However, proponents argue that security is fundamental to economic growth and social development.

As the Dominican Republic continues to bolster its armed forces, the region watches closely. They are aware that a new player is emerging on the Caribbean’s strategic chessboard.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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