Military expenditure in dollars — all countries

Military expenditure in dollars — Thailand

Military expenditure in dollars in Thailand in 2024 — 5,522,411,647 US$. Ranked 41 in the world out of 151. Since 1960, the indicator has risen by 8,690.1%.

2024 5.52B US$ −3.89% vs 2023
World rank 41of 151
Period maximum 7.3B US$2020
Period minimum 58.74M US$1961

Trend over time

1960–2024 · US$

Military expenditure in dollars — Thailand, 1960–202402B4B6B8B19601967197419811988199520022009201620231960: 62,825,161 US$1962: 80,303,734 US$1964: 87,235,577 US$1966: 105,540,865 US$1968: 154,639,423 US$1970: 217,223,558 US$1972: 284,086,538 US$1974: 363,887,785 US$1976: 531,909,157 US$1978: 942,007,071 US$1980: 1,373,227,227 US$1982: 1,507,634,749 US$1984: 1,698,837,534 US$1986: 1,635,667,271 US$1988: 1,809,003,357 US$1990: 2,214,017,705 US$1992: 2,961,769,836 US$1994: 3,611,133,201 US$1996: 3,938,047,248 US$1998: 2,110,239,752 US$2000: 1,880,858,625 US$2002: 1,783,890,750 US$2004: 1,950,877,496 US$2006: 2,106,976,928 US$2008: 3,650,043,676 US$2010: 5,193,510,006 US$2012: 5,408,091,535 US$2014: 5,582,641,023 US$2016: 5,562,167,773 US$2018: 6,661,985,270 US$2020: 7,295,669,543 US$2022: 6,030,950,057 US$2024: 5,522,411,647 US$
Change over the period: +5.46B (+8,690.13%) Average annual rate: 7.24 %

Comparison, 2024

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

Thailand 5.52B US$
World 2.65T US$
South-Eastern Asia computed 48.39B US$
Upper-middle-income countries computed 471B US$
Military expenditure in dollars — Thailand, by year Thailand All countries CSV XLSX
Year US$ Change Change, %
2024 5.52B −223M −3.89%
2023 5.75B −285M −4.73%
2022 6.03B −1.09B −15.33%
2021 7.12B −173M −2.36%
2020 7.3B +204M +2.88%
2019 7.09B +429M +6.44%
2018 6.66B +547M +8.95%
2017 6.11B +553M +9.94%
2016 5.56B +128M +2.36%
2015 5.43B −149M −2.66%
2014 5.58B +26.9M +0.48%
2013 5.56B +148M +2.73%
2012 5.41B +251M +4.87%
2011 5.16B −36.77M −0.71%
2010 5.19B +854M +19.68%
2009 4.34B +689M +18.88%
2008 3.65B +970M +36.2%
2007 2.68B +573M +27.19%
2006 2.11B +240M +12.85%
2005 1.87B −83.83M −4.3%
2004 1.95B +73.4M +3.91%
2003 1.88B +93.59M +5.25%
2002 1.78B +63.79M +3.71%
2001 1.72B −161M −8.55%
2000 1.88B −176M −8.56%
1999 2.06B −53.39M −2.53%
1998 2.11B −1.15B −35.36%
1997 3.26B −673M −17.1%
1996 3.94B +89.02M +2.31%
1995 3.85B +238M +6.59%
1994 3.61B +455M +14.41%
1993 3.16B +195M +6.57%
1992 2.96B +363M +13.99%
1991 2.6B +384M +17.36%
1990 2.21B +274M +14.14%
1989 1.94B +131M +7.22%
1988 1.81B +110M +6.49%
1987 1.7B +63.02M +3.85%
1986 1.64B +6.07M +0.37%
1985 1.63B −69.24M −4.08%
1984 1.7B +116M +7.32%
1983 1.58B +75.4M +5%
1982 1.51B +91.78M +6.48%
1981 1.42B +42.63M +3.1%
1980 1.37B +174M +14.53%
1979 1.2B +257M +27.29%
1978 942M +253M +36.78%
1977 689M +157M +29.48%
1976 532M +116M +27.85%
1975 416M +52.15M +14.33%
1974 364M +51.48M +16.48%
1973 312M +28.32M +9.97%
1972 284M +21.43M +8.16%
1971 263M +45.43M +20.92%
1970 217M +32.32M +17.48%
1969 185M +30.26M +19.57%
1968 155M +28.29M +22.39%
1967 126M +20.81M +19.71%
1966 106M +11.27M +11.96%
1965 94.27M +7.03M +8.06%
1964 87.24M +1.73M +2.03%
1963 85.5M +5.2M +6.47%
1962 80.3M +21.56M +36.71%
1961 58.74M −4.08M −6.5%
1960 62.83M

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.