Military expenditure (current USD), gaps filled in Thailand

Thailand: Military expenditure (current USD), gaps filled was 5.52 billion current USD in 2024. ◆ Volatile

Latest (2024)
5.52 billion current USD
Change on year
down 3.9%
World rank
43rd
of 167 countries
All-time high
7.30 billion current USD
in 2020
All-time low
58.74 million current USD
in 1961
Years of data
65
1960–2024

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

02.0B4.0B6.0B8.0B196019922024

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

Analysis

Thailand recorded 5.52 billion current USD for military expenditure (current usd), gaps filled in 2024.

The figure is down 3.9% on the previous year and down 1.1% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in Thailand peaked at 7.30 billion current USD in 2020 and was at its lowest, 58.74 million current USD, in 1961.

Thailand ranks 43rd of 167 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1960s 104.03 million current USD 58.74 million current USD 184.90 million current USD 10
1970s 521.80 million current USD 217.22 million current USD 1.20 billion current USD 10
1980s 1.63 billion current USD 1.37 billion current USD 1.94 billion current USD 10
1990s 2.98 billion current USD 2.06 billion current USD 3.94 billion current USD 10
2000s 2.39 billion current USD 1.72 billion current USD 4.34 billion current USD 10
2010s 5.78 billion current USD 5.16 billion current USD 7.09 billion current USD 10
2020s 6.34 billion current USD 5.52 billion current USD 7.30 billion current USD 5

Countries ranked near Thailand

  1. 40 Iraq 6.18 billion current USD compare
  2. 41 Philippines 6.12 billion current USD compare
  3. 42 Oman 5.99 billion current USD compare
  4. 44 Morocco 5.52 billion current USD compare
  5. 45 Viet Nam 5.50 billion current USD compare
  6. 46 Austria 5.26 billion current USD compare

See the full ranking of 211 places →

More public sector data for Thailand

All data for Thailand →

Frequently asked questions

What is military expenditure (current usd), gaps filled in Thailand?
Military expenditure (current usd), gaps filled in Thailand was 5.52 billion current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in Thailand?
The highest recorded value was 7.30 billion current USD in 2020.
What is the lowest military expenditure (current usd), gaps filled recorded in Thailand?
The lowest recorded value was 58.74 million current USD in 1961.
How does Thailand rank for military expenditure (current usd), gaps filled?
Thailand ranks 43rd out of 167 countries with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in Thailand?
Over the last ten years it is down 1.1%. 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), gaps filled. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), gaps filled in Thailand. Statizoid, drawing on Statizoid (derived). Retrieved 21 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/thailand/

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<a href="https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/thailand/">Military expenditure (current USD), gaps filled in Thailand</a> — Statizoid

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.