Home/Countries/Philippines/Military Spending (% of GDP)

PhilippinesMilitary Spending (% of GDP)

Category: MilitarySource: World Bank World Development IndicatorsGlobal Rank: #92 of 153
Latest Value
1.3%
2024
YoY Change
+12.6%
20232024
Global Rank
#92
of 153 countries
Maximum
1.6%
2000
Minimum
1.0%
2014
CAGR
-0.8%
25 years
Last
1.3%
Previous
1.2%
Highest
1.6%
Lowest
1.0%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators

Historical Data

YearValueChange
20241.3%+12.6%
20231.2%-10.6%
20221.3%-6.4%
20211.4%+8.4%
20201.3%+14.7%
20191.1%-4.5%
20181.2%+1.4%
20171.2%+11.7%
20161.0%-3.9%
20151.1%+4.3%
20141.0%-12.3%
20131.2%+7.5%
20121.1%-4.0%
20111.2%-1.4%
20101.2%-2.7%
20091.2%-3.8%
20081.3%-3.2%
20071.3%+2.6%
20061.3%-1.5%
20051.3%-6.1%
20041.4%-12.3%
20031.6%+5.2%
20021.5%+0.2%
20011.5%-8.5%
20001.6%

Top Countries — Military Spending (% of GDP)

#CountryValueYear
1Ukraine34.5%2024
2Israel8.8%2024
3Algeria8.0%2024
4Saudi Arabia7.3%2024
5Russian Federation7.1%2024
6Myanmar6.8%2024
7Qatar6.5%2022
8Oman5.6%2024
9Armenia5.5%2024
10Libya5.3%2023
View all 153 countries →

About This Indicator

Definition

Military expenditure by country as percentage of gross domestic product

Methodology

Data compiled by SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), uri: https://www.sipri.org/databases.

Source: World Bank - World Development IndicatorsView original source →