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

Thailand: Military expenditure (current USD), annual growth rate was -3.89 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-3.89 % change on previous year
Change on year
up 17.8%
World rank
137th
of 164 countries
All-time high
36.78 % change on previous year
in 1978
All-time low
-35.36 % change on previous year
in 1998
Years of data
64
1961–2024

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

-40-2002040196119922024

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

Analysis

Thailand recorded -3.89 % change on previous year for military expenditure (current usd), annual growth rate in 2024.

Compared with earlier readings it is up 17.8% on the previous year and down 902.6% over ten years.

Over the whole period, military expenditure (current usd), annual growth rate in Thailand peaked at 36.78 % change on previous year in 1978 and was at its lowest, -35.36 % change on previous year, in 1998.

That places Thailand 137th out of 164 countries with data for 2024, putting it in the bottom 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 Thailand, year by year

Annual values for Military expenditure (current USD), annual growth rate in Thailand, 1961 to 2024.
Year % change on previous year Change
1961 -6.5 % change on previous year
1962 36.71 % change on previous year -664.7%
1963 6.47 % change on previous year -82.4%
1964 2.03 % change on previous year -68.7%
1965 8.06 % change on previous year +297.4%
1966 11.96 % change on previous year +48.4%
1967 19.71 % change on previous year +64.8%
1968 22.39 % change on previous year +13.6%
1969 19.57 % change on previous year -12.6%
1970 17.48 % change on previous year -10.7%
1971 20.91 % change on previous year +19.7%
1972 8.16 % change on previous year -61.0%
1973 9.97 % change on previous year +22.2%
1974 16.48 % change on previous year +65.3%
1975 14.33 % change on previous year -13.0%
1976 27.85 % change on previous year +94.4%
1977 29.48 % change on previous year +5.8%
1978 36.78 % change on previous year +24.7%
1979 27.29 % change on previous year -25.8%
1980 14.53 % change on previous year -46.8%
1981 3.1 % change on previous year -78.6%
1982 6.48 % change on previous year +108.9%
1983 5 % change on previous year -22.8%
1984 7.32 % change on previous year +46.2%
1985 -4.08 % change on previous year -155.7%
1986 0.3731 % change on previous year -109.2%
1987 3.85 % change on previous year +932.7%
1988 6.49 % change on previous year +68.5%
1989 7.22 % change on previous year +11.3%
1990 14.14 % change on previous year +95.8%
1991 17.36 % change on previous year +22.7%
1992 13.99 % change on previous year -19.4%
1993 6.57 % change on previous year -53.0%
1994 14.41 % change on previous year +119.4%
1995 6.59 % change on previous year -54.3%
1996 2.31 % change on previous year -64.9%
1997 -17.1 % change on previous year -839.2%
1998 -35.36 % change on previous year +106.9%
1999 -2.53 % change on previous year -92.8%
2000 -8.56 % change on previous year +238.2%
2001 -8.55 % change on previous year -0.1%
2002 3.71 % change on previous year -143.4%
2003 5.25 % change on previous year +41.5%
2004 3.91 % change on previous year -25.5%
2005 -4.3 % change on previous year -209.9%
2006 12.85 % change on previous year -399.0%
2007 27.19 % change on previous year +111.6%
2008 36.2 % change on previous year +33.1%
2009 18.88 % change on previous year -47.8%
2010 19.68 % change on previous year +4.2%
2011 -0.708 % change on previous year -103.6%
2012 4.87 % change on previous year -788.4%
2013 2.73 % change on previous year -44.0%
2014 0.4842 % change on previous year -82.3%
2015 -2.66 % change on previous year -649.9%
2016 2.36 % change on previous year -188.6%
2017 9.94 % change on previous year +321.4%
2018 8.95 % change on previous year -10.0%
2019 6.44 % change on previous year -28.0%
2020 2.88 % change on previous year -55.2%
2021 -2.36 % change on previous year -182.0%
2022 -15.33 % change on previous year +548.3%
2023 -4.73 % change on previous year -69.2%
2024 -3.89 % change on previous year -17.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 13.38 % change on previous year -6.5 % change on previous year 36.71 % change on previous year 9
1970s 20.87 % change on previous year 8.16 % change on previous year 36.78 % change on previous year 10
1980s 5.03 % change on previous year -4.08 % change on previous year 14.53 % change on previous year 10
1990s 2.04 % change on previous year -35.36 % change on previous year 17.36 % change on previous year 10
2000s 8.66 % change on previous year -8.56 % change on previous year 36.2 % change on previous year 10
2010s 5.21 % change on previous year -2.66 % change on previous year 19.68 % change on previous year 10
2020s -4.69 % change on previous year -15.33 % change on previous year 2.88 % change on previous year 5

Countries ranked near Thailand

  1. 134 Trinidad and Tobago -3.6 % change on previous year compare
  2. 135 Sierra Leone -3.65 % change on previous year compare
  3. 136 Brazil -3.86 % change on previous year compare
  4. 138 Guatemala -5.13 % change on previous year compare
  5. 139 Belarus -5.57 % change on previous year compare
  6. 140 Ghana -5.83 % change on previous year compare

See the full ranking of 208 places →

More public sector data for Thailand

All data for Thailand →

Frequently asked questions

What is military expenditure (current usd), annual growth rate in Thailand?
Military expenditure (current usd), annual growth rate in Thailand was -3.89 % change on previous year in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), annual growth rate recorded in Thailand?
The highest recorded value was 36.78 % change on previous year in 1978.
What is the lowest military expenditure (current usd), annual growth rate recorded in Thailand?
The lowest recorded value was -35.36 % change on previous year in 1998.
How does Thailand rank for military expenditure (current usd), annual growth rate?
Thailand ranks 137th out of 164 countries with data for 2024.
Is military expenditure (current usd), annual growth rate rising or falling in Thailand?
Over the last ten years it is down 902.6%. The long-run trend across the full record is volatile.
Where does this Thailand 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 Thailand. Statizoid, drawing on Statizoid (derived). Retrieved 26 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-annual-growth-rate/thailand/

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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.