Thailand Military Expenditure
1.1%▼ −0.1%
Dec 2024 · Annual
Thailand's military expenditure stood at 1.08% of GDP in 2024, down from 1.13% in 2023. The figure remains near historical lows, with the all-time low of 0.95% recorded in 2006. The series dates back to 1960.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 1.1% | 1.1% | 4.4%Dec 1979 | 1.0%Dec 2006 | 1960 – 2024 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Government Debt to GDP | 64.7% | 62.9% | 64.7% | 15.2% | Dec 2025 | Annual |
| Military Expenditure (USD) | $5.5B | $5.7B | $7.3B | $58.7M | Dec 2024 | Annual |
About this series
Military Expenditure in Thailand averaged 1.6% from 1960 until 2024, reaching an all-time high of 4.4% in Dec 1979 and a record low of 1.0% in Dec 2006. The series is reported yearly with history from 1960.
Military expenditure measures the share of a country's gross domestic product allocated to military-related spending. It is reported as a percentage of GDP on an annual basis. Data for Thailand is available from 1960 to the present.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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