Military expenditure in dollars — all countries

Military expenditure in dollars — Philippines

Military expenditure in dollars in the Philippines in 2024 — 6,117,535,233 US$. Ranked 39 in the world out of 151. Since 1960, the indicator has risen by 4,840.6%.

2024 6.12B US$ +18.96% vs 2023
World rank 39of 151
Period maximum 6.12B US$2024
Period minimum 82.89M US$1962

Trend over time

1960–2024 · US$

Military expenditure in dollars — Philippines, 1960–202402B4B6B8B19601967197419811988199520022009201620231960: 123,821,340 US$1962: 82,889,601 US$1964: 93,605,899 US$1966: 109,615,385 US$1968: 153,846,154 US$1970: 155,055,171 US$1972: 196,259,386 US$1974: 521,518,532 US$1977: 754,442,226 US$1979: 874,273,980 US$1981: 982,322,002 US$1983: 800,165,576 US$1985: 609,330,747 US$1987: 652,382,133 US$1989: 954,928,761 US$1991: 913,219,742 US$1993: 1,173,017,500 US$1995: 1,700,402,497 US$1997: 1,576,447,115 US$1999: 1,341,016,654 US$2001: 1,122,103,992 US$2003: 1,301,286,084 US$2005: 1,372,702,435 US$2007: 2,014,371,029 US$2009: 2,115,785,124 US$2011: 2,701,492,158 US$2013: 3,377,027,861 US$2015: 3,335,550,049 US$2017: 3,836,464,210 US$2019: 4,268,129,893 US$2021: 5,546,091,354 US$2023: 5,142,604,808 US$2024: 6,117,535,233 US$
Change over the period: +5.99B (+4,840.61%) Average annual rate: 6.28 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Philippines

Philippines 6.12B US$
World 2.65T US$
South-Eastern Asia computed 48.39B US$
Lower-middle-income countries computed 210B US$
Military expenditure in dollars — Philippines, by year Philippines All countries CSV XLSX
Year US$ Change Change, %
2024 6.12B +975M +18.96%
2023 5.14B −179M −3.37%
2022 5.32B −224M −4.04%
2021 5.55B +853M +18.18%
2020 4.69B +425M +9.96%
2019 4.27B +161M +3.91%
2018 4.11B +271M +7.06%
2017 3.84B +505M +15.16%
2016 3.33B −4.05M −0.12%
2015 3.34B +232M +7.49%
2014 3.1B −274M −8.11%
2013 3.38B +478M +16.5%
2012 2.9B +197M +7.3%
2011 2.7B +263M +10.8%
2010 2.44B +322M +15.24%
2009 2.12B −155M −6.83%
2008 2.27B +257M +12.74%
2007 2.01B +407M +25.33%
2006 1.61B +235M +17.09%
2005 1.37B +129M +10.41%
2004 1.24B −58.06M −4.46%
2003 1.3B +102M +8.52%
2002 1.2B +77.02M +6.86%
2001 1.12B −181M −13.89%
2000 1.3B −37.94M −2.83%
1999 1.34B +115M +9.42%
1998 1.23B −351M −22.26%
1997 1.58B −303M −16.12%
1996 1.88B +179M +10.52%
1995 1.7B +308M +22.14%
1994 1.39B +219M +18.69%
1993 1.17B +94.17M +8.73%
1992 1.08B +166M +18.14%
1991 913M −38.26M −4.02%
1990 951M −3.45M −0.36%
1989 955M +23.37M +2.51%
1988 932M +279M +42.79%
1987 652M +58.58M +9.87%
1986 594M −15.53M −2.55%
1985 609M +95.88M +18.67%
1984 513M −287M −35.83%
1983 800M −164M −17.05%
1982 965M −17.68M −1.8%
1981 982M +103M +11.71%
1980 879M +5.05M +0.58%
1979 874M +252M +40.39%
1978 623M −132M −17.46%
1977 754M +39.68M +5.55%
1976 715M
1974 522M +220M +73.15%
1973 301M +105M +53.47%
1972 196M +34.95M +21.67%
1971 161M +6.25M +4.03%
1970 155M −34.18M −18.06%
1969 189M +35.38M +23%
1968 154M +24.36M +18.81%
1967 129M +19.87M +18.13%
1966 110M +16.5M +17.72%
1965 93.11M −491,504 −0.53%
1964 93.61M −629,503 −0.67%
1963 94.24M +11.35M +13.69%
1962 82.89M −45.82M −35.6%
1961 129M +4.89M +3.95%
1960 124M

About the indicator

Military expenditure in current US dollars under the SIPRI definition. It allows absolute defense budgets to be compared, but not military capability: the purchasing power of the dollar in defense differs widely between countries, so equal budgets buy different amounts of personnel and equipment.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.