Thailand Military Expenditure (USD)

$5.5B −$223.3M

Dec 2024 · Annual

Military Expenditure (USD) in Thailand fell to $5.5B in Dec 2024 from $5.7B in Dec 2023.

Thailand Military Expenditure (USD), 1990–2024
ActualPreviousHighestLowestDatesFrequency
$5.5B$5.7B$7.3BDec 2020$58.7MDec 19611960 – 2024Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
Military Expenditure1.1%1.1%4.4%1.0%Dec 2024Annual
GDP$577.0B$529.4B$577.0B$2.8BDec 2025Annual

About this series

Military Expenditure (USD) in Thailand averaged $4.1B from 1960 until 2024, reaching an all-time high of $7.3B in Dec 2020 and a record low of $58.7M in Dec 1961. The series is reported yearly with history from 1960.

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 (USD) FAQ