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.

Thailand Military Expenditure, 1990–2024
ActualPreviousHighestLowestDatesFrequency
1.1%1.1%4.4%Dec 19791.0%Dec 20061960 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Government Debt to GDP64.7%62.9%64.7%15.2%Dec 2025Annual
Military Expenditure (USD)$5.5B$5.7B$7.3B$58.7MDec 2024Annual

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.

FAQ

Thailand Military Expenditure FAQ