Military expenditure (current USD) in Philippines
Philippines: Military expenditure 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 168 countries
All-time high
6.12 billion current USD
in 2024
All-time low
82.89 million current USD
in 1962
Years of data
64
1960–2024
Military expenditure in Philippines, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current USD.
Analysis
The most recent figure for military expenditure in Philippines is 6.12 billion current USD, measured in 2024. That is the highest value across all 64 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 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 168 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 in Philippines, year by year
| 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% |
| 1976 | 714.76 million current USD | +37.1% |
| 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 119.86 million current USD | 82.89 million current USD | 189.23 million current USD | 10 |
| 1970s | 477.95 million current USD | 155.06 million current USD | 874.27 million current USD | 9 |
| 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
More public sector data for Philippines
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Democracy 6 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is military expenditure in Philippines?
- Military expenditure in Philippines was 6.12 billion current USD in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in Philippines?
- The highest recorded value was 6.12 billion current USD in 2024.
- What is the lowest military expenditure recorded in Philippines?
- The lowest recorded value was 82.89 million current USD in 1962.
- How does Philippines rank for military expenditure?
- Philippines ranks 41st out of 168 countries with data for 2024.
- Is military expenditure 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 SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current USD). Statizoid updates them automatically from the source API.
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About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)