Military expenditure (current USD), annual growth rate in Philippines

Philippines: Military expenditure (current USD), annual growth rate was 18.96 % change on previous year in 2024. ◆ Volatile

Latest (2024)
18.96 % change on previous year
Change on year
up 662.6%
World rank
39th
of 164 countries
All-time high
73.15 % change on previous year
in 1974
All-time low
-35.83 % change on previous year
in 1984
Years of data
62
1961–2024

Military expenditure (current USD), annual growth rate in Philippines, 1961–2024

-250255075196119922024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, military expenditure (current usd), annual growth rate in Philippines stood at 18.96 % change on previous year.

Compared with earlier readings it is up 662.6% on the previous year and up 333.7% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in Philippines peaked at 73.15 % change on previous year in 1974 and was at its lowest, -35.83 % change on previous year, in 1984.

That places Philippines 39th out of 164 countries with data for 2024, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure (current USD), annual growth rate in Philippines, year by year

Annual values for Military expenditure (current USD), annual growth rate in Philippines, 1961 to 2024.
Year % change on previous year Change
1961 3.95 % change on previous year —
1962 -35.6 % change on previous year -1001.1%
1963 13.69 % change on previous year -138.4%
1964 -0.668 % change on previous year -104.9%
1965 -0.5251 % change on previous year -21.4%
1966 17.72 % change on previous year -3474.9%
1967 18.13 % change on previous year +2.3%
1968 18.81 % change on previous year +3.8%
1969 23 % change on previous year +22.3%
1970 -18.06 % change on previous year -178.5%
1971 4.03 % change on previous year -122.3%
1972 21.67 % change on previous year +437.1%
1973 53.47 % change on previous year +146.8%
1974 73.15 % change on previous year +36.8%
1977 5.55 % change on previous year -92.4%
1978 -17.46 % change on previous year -414.4%
1979 40.39 % change on previous year -331.4%
1980 0.578 % change on previous year -98.6%
1981 11.71 % change on previous year +1926.6%
1982 -1.8 % change on previous year -115.4%
1983 -17.05 % change on previous year +847.0%
1984 -35.83 % change on previous year +110.2%
1985 18.67 % change on previous year -152.1%
1986 -2.55 % change on previous year -113.7%
1987 9.87 % change on previous year -487.0%
1988 42.79 % change on previous year +333.8%
1989 2.51 % change on previous year -94.1%
1990 -0.361 % change on previous year -114.4%
1991 -4.02 % change on previous year +1014.0%
1992 18.14 % change on previous year -551.0%
1993 8.73 % change on previous year -51.9%
1994 18.69 % change on previous year +114.0%
1995 22.14 % change on previous year +18.5%
1996 10.52 % change on previous year -52.5%
1997 -16.11 % change on previous year -253.2%
1998 -22.26 % change on previous year +38.1%
1999 9.42 % change on previous year -142.3%
2000 -2.83 % change on previous year -130.0%
2001 -13.89 % change on previous year +390.9%
2002 6.86 % change on previous year -149.4%
2003 8.52 % change on previous year +24.1%
2004 -4.46 % change on previous year -152.4%
2005 10.41 % change on previous year -333.4%
2006 17.09 % change on previous year +64.1%
2007 25.33 % change on previous year +48.2%
2008 12.73 % change on previous year -49.7%
2009 -6.83 % change on previous year -153.6%
2010 15.24 % change on previous year -323.1%
2011 10.8 % change on previous year -29.1%
2012 7.3 % change on previous year -32.4%
2013 16.5 % change on previous year +126.1%
2014 -8.11 % change on previous year -149.1%
2015 7.49 % change on previous year -192.3%
2016 -0.1214 % change on previous year -101.6%
2017 15.16 % change on previous year -12583.3%
2018 7.06 % change on previous year -53.4%
2019 3.91 % change on previous year -44.6%
2020 9.96 % change on previous year +154.4%
2021 18.18 % change on previous year +82.6%
2022 -4.04 % change on previous year -122.2%
2023 -3.37 % change on previous year -16.6%
2024 18.96 % change on previous year -662.6%

Philippines compared with similar countries

  • Philippines's 18.96 % change on previous year is above the median for upper middle income countries, which is 8.92 % change on previous year, 2.1× the median. (48 countries reporting)
  • Philippines's 18.96 % change on previous year is above the median for East Asia & Pacific, which is 6.2 % change on previous year, 3.1× the median. (19 countries reporting)

Biggest year-on-year movements

Years where Military expenditure (current USD), annual growth rate in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2017 +12583.3% -0.1214 % change on previous year 15.16 % change on previous year
1966 +3474.9% -0.5251 % change on previous year 17.72 % change on previous year
1981 +1926.6% 0.578 % change on previous year 11.71 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 6.5 % change on previous year -35.6 % change on previous year 23 % change on previous year 9
1970s 20.34 % change on previous year -18.06 % change on previous year 73.15 % change on previous year 8
1980s 2.89 % change on previous year -35.83 % change on previous year 42.79 % change on previous year 10
1990s 4.49 % change on previous year -22.26 % change on previous year 22.14 % change on previous year 10
2000s 5.29 % change on previous year -13.89 % change on previous year 25.33 % change on previous year 10
2010s 7.52 % change on previous year -8.11 % change on previous year 16.5 % change on previous year 10
2020s 7.94 % change on previous year -4.04 % change on previous year 18.96 % change on previous year 5

Countries ranked near Philippines

  1. 36 Gabon 20.24 % change on previous year compare
  2. 37 Algeria 19.42 % change on previous year compare
  3. 38 Madagascar 19.41 % change on previous year compare
  4. 40 Norway 18.61 % change on previous year compare
  5. 41 Burundi 18.37 % change on previous year compare
  6. 42 Mali 18.34 % change on previous year compare

See the full ranking of 208 places →

More public sector data for Philippines

All data for Philippines →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in Philippines?
Military expenditure (current usd), annual growth rate in Philippines was 18.96 % change on previous year in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in Philippines?
The highest recorded value was 73.15 % change on previous year in 1974.
What is the lowest military expenditure (current usd), annual growth rate recorded in Philippines?
The lowest recorded value was -35.83 % change on previous year in 1984.
How does Philippines rank for military expenditure (current usd), annual growth rate?
Philippines ranks 39th out of 164 countries with data for 2024.
Is military expenditure (current usd), annual growth rate rising or falling in Philippines?
Over the last ten years it is up 333.7%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), annual growth rate in Philippines. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/philippines/

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How this figure is calculated

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military expenditure (current USD), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 10,048 data points, 1961–2024
Last refreshed

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.