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
Military expenditure (current USD), annual growth rate in Philippines, 1961–2024
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.
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 36 Gabon 20.24 % change on previous year compare
- 37 Algeria 19.42 % change on previous year compare
- 38 Madagascar 19.41 % change on previous year compare
- 40 Norway 18.61 % change on previous year compare
- 41 Burundi 18.37 % change on previous year compare
- 42 Mali 18.34 % change on previous year compare
More public sector data for Philippines
- Arms imports 238.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 2.05 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 90.4 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 238.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 52.81 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0133 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 6.12 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 419.22 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 17,247 current USD per square kilometre (2023)
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.
Download this data
CSV · JSON — 62 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
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
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.