Philippines—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #40 of 156Updated April 2026
Latest Value
$6.12B
2024
YoY Change
+19.0%
2023 → 2024
Global Rank
#40
of 156 countries
Maximum
$6.12B
2024
Minimum
$1.12B
2001
CAGR
+6.7%
25 years
Last
$6.12B
Previous
$5.14B
Highest
$6.12B
Lowest
$1.12B
Source
World Bank World Development Indicators
Philippines's military expenditure (usd) was $6.12B in 2024, ranking #40 out of 156 countries. This represents a +19.0% change from 2023. Over the past 25 years, the highest recorded value was $6.12B (2024) and the lowest was $1.12B (2001). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $6.12B | +19.0% |
| 2023 | $5.14B | -3.4% |
| 2022 | $5.32B | -4.0% |
| 2021 | $5.55B | +18.2% |
| 2020 | $4.69B | +10.0% |
| 2019 | $4.27B | +3.9% |
| 2018 | $4.11B | +7.1% |
| 2017 | $3.84B | +15.2% |
| 2016 | $3.33B | -0.1% |
| 2015 | $3.34B | +7.5% |
| 2014 | $3.10B | -8.1% |
| 2013 | $3.38B | +16.5% |
| 2012 | $2.90B | +7.3% |
| 2011 | $2.70B | +10.8% |
| 2010 | $2.44B | +15.2% |
| 2009 | $2.12B | -6.8% |
| 2008 | $2.27B | +12.7% |
| 2007 | $2.01B | +25.3% |
| 2006 | $1.61B | +17.1% |
| 2005 | $1.37B | +10.4% |
| 2004 | $1.24B | -4.5% |
| 2003 | $1.30B | +8.5% |
| 2002 | $1.20B | +6.9% |
| 2001 | $1.12B | -13.9% |
| 2000 | $1.30B |
Top Countries — Military Expenditure (USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | United States | $997.31B | 2024 |
| 2 | China | $313.66B | 2024 |
| 3 | Russian Federation | $148.97B | 2024 |
| 4 | Germany | $88.46B | 2024 |
| 5 | India | $86.13B | 2024 |
| 6 | United Kingdom | $81.76B | 2024 |
| 7 | Saudi Arabia | $80.33B | 2024 |
| 8 | Ukraine | $64.70B | 2024 |
| 9 | France | $64.68B | 2024 |
| 10 | Japan | $55.27B | 2024 |