🇵🇭 Philippines Military expenditure

Philippines Military expenditure was $6.12B in 2024, up 19.0% from 2023, according to World Bank data. The 10-year average is $4.57B. Historical data available from 1960 to 2024 (64 data points). The all-time high was $6.12B in 2024.

Source: World Bank World Development Indicators • 1960202464 data pointsPublic Sector

Latest Value
$6.12B
2024
Year-on-Year
+19.0%
vs 2023
10-Year Average
$4.57B
20152024
Range
High: $6.12B (2024)
Low: $82.89M (1962)

Philippines Military expenditure (current USD)1960 to 2024

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About this Indicator

Military spending USD, in current prices (converted at the exchange rate for the given year)

Historical Data Table

YearValue
2024$6.12B
2023$5.14B
2022$5.32B
2021$5.55B
2020$4.69B
2019$4.27B
2018$4.11B
2017$3.84B
2016$3.33B
2015$3.34B

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$2.33B2024
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$567.82M2024
🇨🇫Central African Republic
$71.17M2024
🇨🇦Canada
$29.35B2024
🇨🇭Switzerland
$6.72B2024
🇨🇱Chile
$5.11B2024
🇨🇳China
$313.66B2024
🇨🇮Cote d'Ivoire
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🇨🇻Cabo Verde
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0.002024
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$598.19M2024
🇨🇿Czechia
$6.52B2024
🇩🇪Germany
$88.46B2024
🇩🇯Djibouti
$36.27M2008
🇩🇰Denmark
$9.96B2024
🇩🇴Dominican Republic
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🇩🇿Algeria
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🇪🇨Ecuador
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🇪🇬Egypt, Arab Rep.
$2.40B2024
🇪🇷Eritrea
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$24.62B2024
🇪🇪Estonia
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$6.99B2024
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$64.68B2024
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🇬🇳Guinea
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🇬🇲Gambia, The
$14.43M2024
🇬🇼Guinea-Bissau
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🇬🇶Equatorial Guinea
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🇭🇷Croatia
$1.63B2024
🇭🇹Haiti
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🇮🇩Indonesia
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🇮🇪Ireland
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🇮🇷Iran, Islamic Rep.
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🇮🇶Iraq
$6.18B2024
🇮🇸Iceland
0.002024
🇮🇱Israel
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🇮🇹Italy
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🇯🇲Jamaica
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🇯🇴Jordan
$2.56B2024
🇯🇵Japan
$55.27B2024
🇰🇿Kazakhstan
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🇰🇪Kenya
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🇰🇬Kyrgyz Republic
$473.05M2024
🇰🇭Cambodia
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🇰🇷Korea, Rep.
$47.57B2024
🇰🇼Kuwait
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🇱🇦Lao PDR
$22.68M2013
🇱🇧Lebanon
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🇱🇷Liberia
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🇱🇰Sri Lanka
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🇱🇸Lesotho
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🇱🇺Luxembourg
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🇲🇦Morocco
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🇲🇩Moldova
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🇲🇬Madagascar
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🇲🇷Mauritania
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🇲🇺Mauritius
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🇲🇼Malawi
$117.59M2024
🇲🇾Malaysia
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🇳🇦Namibia
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🇳🇪Niger
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🇳🇬Nigeria
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🇳🇮Nicaragua
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🇳🇴Norway
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🇳🇿New Zealand
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🇵🇦Panama
0.002024
🇵🇪Peru
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🇵🇭Philippines
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🇵🇬Papua New Guinea
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🇸🇸South Sudan
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🇸🇾Syrian Arab Republic
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🇹🇩Chad
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🇹🇬Togo
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🇹🇭Thailand
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🇹🇯Tajikistan
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🇹🇲Turkmenistan
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🇹🇱Timor-Leste
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🇹🇹Trinidad and Tobago
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🇹🇳Tunisia
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🇹🇷Turkiye
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🇹🇿Tanzania
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🇺🇬Uganda
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🇺🇦Ukraine
$64.70B2024
🇺🇾Uruguay
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🇺🇸United States
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🇺🇿Uzbekistan
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🇻🇪Venezuela, RB
0.002024
🇻🇳Viet Nam
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🌐Kosovo
$165.55M2024
🇾🇪Yemen, Rep.
$1.71B2014
🇿🇦South Africa
$2.84B2024
🇿🇲Zambia
$349.67M2024
🇿🇼Zimbabwe
$98.39M2024
See all countries for this indicator