Heavily indebted poor countries (HIPC) vs Philippines: Military expenditure

Heavily indebted poor countries (HIPC)
13.44 billion current USD
in 2024
Philippines
6.12 billion current USD
in 2024
Heavily indebted poor countries (HIPC) rank
39th
Philippines rank
41st

Military expenditure over time

  • Heavily indebted poor countries (HIPC)
  • Philippines
05.0B10.0B15.0B196019922024

How they compare

Heavily indebted poor countries (HIPC) currently reports 13.44 billion current USD against 6.12 billion current USD in Philippines, a difference of 7.33 billion current USD.

That makes Heavily indebted poor countries (HIPC)'s figure about 2.2 times Philippines's.

The two have swapped places 2 times across 56 shared years of data; in 1968 it was Heavily indebted poor countries (HIPC) ahead.

Heavily indebted poor countries (HIPC) ranks 39th and Philippines ranks 41st of 42 groups.

Heavily indebted poor countries (HIPC) has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Heavily indebted poor countries (HIPC) Philippines Difference Ahead
1960s 360.23 million current USD 171.54 million current USD 188.70 million current USD Heavily indebted poor countries (HIPC)
1970s 1.18 billion current USD 477.95 million current USD 706.49 million current USD Heavily indebted poor countries (HIPC)
1980s 2.48 billion current USD 788.19 million current USD 1.69 billion current USD Heavily indebted poor countries (HIPC)
1990s 2.48 billion current USD 1.32 billion current USD 1.15 billion current USD Heavily indebted poor countries (HIPC)
2000s 4.56 billion current USD 1.55 billion current USD 3.00 billion current USD Heavily indebted poor countries (HIPC)
2010s 7.92 billion current USD 3.34 billion current USD 4.58 billion current USD Heavily indebted poor countries (HIPC)
2020s 11.84 billion current USD 5.36 billion current USD 6.47 billion current USD Heavily indebted poor countries (HIPC)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Heavily indebted poor countries (HIPC) or Philippines?
Heavily indebted poor countries (HIPC), at 13.44 billion current USD against 6.12 billion current USD in Philippines as of 2024.
What is the difference in military expenditure between Heavily indebted poor countries (HIPC) and Philippines?
7.33 billion current USD, with Heavily indebted poor countries (HIPC) ahead.
How many years of comparable data are there for Heavily indebted poor countries (HIPC) and Philippines?
56 years are reported by both, from 1968 to 2024.
How do Heavily indebted poor countries (HIPC) and Philippines rank globally for military expenditure?
Heavily indebted poor countries (HIPC) ranks 39th and Philippines ranks 41st of 42 groups.
Where does this data come from?
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current USD). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Heavily indebted poor countries (HIPC) vs Philippines: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 22 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd/heavily-indebted-poor-countries-hipc/philippines/

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About this data

Indicator
Military expenditure (current USD)
Unit
current USD
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
211 places, 10,601 data points, 1960–2024
Last refreshed

Military spending USD, in current prices (converted at the exchange rate for the given year)