Philippines vs Sri Lanka: Military expenditure

Philippines
350.46 billion current LCU
in 2024
Sri Lanka
402.50 billion current LCU
in 2024
Philippines rank
43rd
Sri Lanka rank
40th

Military expenditure over time

  • Philippines
  • Sri Lanka
0100.0B200.0B300.0B400.0B196019922024

How they compare

Sri Lanka currently reports 402.50 billion current LCU against 350.46 billion current LCU in Philippines, a difference of 52.03 billion current LCU.

That makes Sri Lanka's figure about 1.1 times Philippines's.

The two have swapped places 3 times across 63 shared years of data; in 1960 it was Philippines ahead.

Philippines ranks 43rd and Sri Lanka ranks 40th of 167 countries.

Across the 7 decades both report, Philippines averaged higher in 4 and Sri Lanka in 3.

Head to head by decade

Decade Philippines Sri Lanka Difference Ahead
1960s 418.75 million current LCU 76.64 million current LCU 342.11 million current LCU Philippines
1970s 3.68 billion current LCU 236.84 million current LCU 3.45 billion current LCU Philippines
1980s 11.73 billion current LCU 3.05 billion current LCU 8.68 billion current LCU Philippines
1990s 38.63 billion current LCU 28.66 billion current LCU 9.97 billion current LCU Philippines
2000s 76.95 billion current LCU 89.57 billion current LCU 12.62 billion current LCU Sri Lanka
2010s 157.10 billion current LCU 237.46 billion current LCU 80.36 billion current LCU Sri Lanka
2020s 286.49 billion current LCU 337.27 billion current LCU 50.79 billion current LCU Sri Lanka

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Philippines or Sri Lanka?
Sri Lanka, at 402.50 billion current LCU against 350.46 billion current LCU in Philippines as of 2024.
What is the difference in military expenditure between Philippines and Sri Lanka?
52.03 billion current LCU, with Sri Lanka ahead.
How many years of comparable data are there for Philippines and Sri Lanka?
63 years are reported by both, from 1960 to 2024.
How do Philippines and Sri Lanka rank globally for military expenditure?
Philippines ranks 43rd and Sri Lanka ranks 40th of 167 countries.
Where does this data come from?
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Philippines vs Sri Lanka: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 21 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-lcu/philippines/sri-lanka/

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About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 8,248 data points, 1960–2024
Last refreshed

Military expenditure in local currency at current prices (by calendar year)