Military expenditure (current USD), gaps filled in Philippines

Philippines: Military expenditure (current USD), gaps filled was 6.12 billion current USD in 2024. ◆ Volatile

Latest (2024)
6.12 billion current USD
Change on year
up 19.0%
World rank
41st
of 167 countries
All-time high
6.12 billion current USD
in 2024
All-time low
82.89 million current USD
in 1962
Years of data
65
1960–2024

Military expenditure (current USD), gaps filled in Philippines, 1960–2024

02.0B4.0B6.0B196019922024

Source: Statizoid (derived). Measured in current USD.

Analysis

In 2024, military expenditure (current usd), gaps filled in Philippines stood at 6.12 billion current USD. That is the highest value across all 65 years on record.

The figure is up 19.0% on the previous year and up 97.1% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in Philippines peaked at 6.12 billion current USD in 2024 and was at its lowest, 82.89 million current USD, in 1962.

That places Philippines 41st out of 167 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), gaps filled in Philippines, year by year

Annual values for Military expenditure (current USD), gaps filled in Philippines, 1960 to 2024.
Year current USD Change
1960 123.82 million current USD —
1961 128.71 million current USD +4.0%
1962 82.89 million current USD -35.6%
1963 94.24 million current USD +13.7%
1964 93.61 million current USD -0.7%
1965 93.11 million current USD -0.5%
1966 109.61 million current USD +17.7%
1967 129.49 million current USD +18.1%
1968 153.85 million current USD +18.8%
1969 189.23 million current USD +23.0%
1970 155.06 million current USD -18.1%
1971 161.31 million current USD +4.0%
1972 196.26 million current USD +21.7%
1973 301.20 million current USD +53.5%
1974 521.52 million current USD +73.1%
1975 618.14 million current USD +18.5%
1976 714.76 million current USD +15.6%
1977 754.44 million current USD +5.6%
1978 622.75 million current USD -17.5%
1979 874.27 million current USD +40.4%
1980 879.33 million current USD +0.6%
1981 982.32 million current USD +11.7%
1982 964.64 million current USD -1.8%
1983 800.17 million current USD -17.1%
1984 513.45 million current USD -35.8%
1985 609.33 million current USD +18.7%
1986 593.80 million current USD -2.5%
1987 652.38 million current USD +9.9%
1988 931.56 million current USD +42.8%
1989 954.93 million current USD +2.5%
1990 951.48 million current USD -0.4%
1991 913.22 million current USD -4.0%
1992 1.08 billion current USD +18.1%
1993 1.17 billion current USD +8.7%
1994 1.39 billion current USD +18.7%
1995 1.70 billion current USD +22.1%
1996 1.88 billion current USD +10.5%
1997 1.58 billion current USD -16.1%
1998 1.23 billion current USD -22.3%
1999 1.34 billion current USD +9.4%
2000 1.30 billion current USD -2.8%
2001 1.12 billion current USD -13.9%
2002 1.20 billion current USD +6.9%
2003 1.30 billion current USD +8.5%
2004 1.24 billion current USD -4.5%
2005 1.37 billion current USD +10.4%
2006 1.61 billion current USD +17.1%
2007 2.01 billion current USD +25.3%
2008 2.27 billion current USD +12.7%
2009 2.12 billion current USD -6.8%
2010 2.44 billion current USD +15.2%
2011 2.70 billion current USD +10.8%
2012 2.90 billion current USD +7.3%
2013 3.38 billion current USD +16.5%
2014 3.10 billion current USD -8.1%
2015 3.34 billion current USD +7.5%
2016 3.33 billion current USD -0.1%
2017 3.84 billion current USD +15.2%
2018 4.11 billion current USD +7.1%
2019 4.27 billion current USD +3.9%
2020 4.69 billion current USD +10.0%
2021 5.55 billion current USD +18.2%
2022 5.32 billion current USD -4.0%
2023 5.14 billion current USD -3.4%
2024 6.12 billion current USD +19.0%

Philippines compared with similar countries

  • Philippines's 6.12 billion current USD is above the median for upper middle income countries, which is 1.38 billion current USD, 4.4× the median. (48 countries reporting)
  • Philippines's 6.12 billion current USD is above the median for East Asia & Pacific, which is 4.66 billion current USD, 1.3× the median. (20 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 119.86 million current USD 82.89 million current USD 189.23 million current USD 10
1970s 491.97 million current USD 155.06 million current USD 874.27 million current USD 10
1980s 788.19 million current USD 513.45 million current USD 982.32 million current USD 10
1990s 1.32 billion current USD 913.22 million current USD 1.88 billion current USD 10
2000s 1.55 billion current USD 1.12 billion current USD 2.27 billion current USD 10
2010s 3.34 billion current USD 2.44 billion current USD 4.27 billion current USD 10
2020s 5.36 billion current USD 4.69 billion current USD 6.12 billion current USD 5

Countries ranked near Philippines

  1. 38 Switzerland 6.72 billion current USD compare
  2. 39 Czechia 6.52 billion current USD compare
  3. 40 Iraq 6.18 billion current USD compare
  4. 42 Oman 5.99 billion current USD compare
  5. 43 Thailand 5.52 billion current USD compare
  6. 44 Morocco 5.52 billion current USD compare

See the full ranking of 211 places →

More public sector data for Philippines

All data for Philippines →

Frequently asked questions

What is military expenditure (current usd), gaps filled in Philippines?
Military expenditure (current usd), gaps filled in Philippines was 6.12 billion current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in Philippines?
The highest recorded value was 6.12 billion current USD in 2024.
What is the lowest military expenditure (current usd), gaps filled recorded in Philippines?
The lowest recorded value was 82.89 million current USD in 1962.
How does Philippines rank for military expenditure (current usd), gaps filled?
Philippines ranks 41st out of 167 countries with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in Philippines?
Over the last ten years it is up 97.1%. 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), gaps filled. Statizoid updates them automatically from the source API.

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

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How this figure is calculated

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.

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), gaps filled
Unit
current USD
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,708 data points, 1960–2024
Last refreshed

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.