Thailand—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #42 of 156Updated April 2026
Latest Value
$5.52B
2024
YoY Change
-3.9%
2023 → 2024
Global Rank
#42
of 156 countries
Maximum
$7.30B
2020
Minimum
$1.72B
2001
CAGR
+4.6%
25 years
Last
$5.52B
Previous
$5.75B
Highest
$7.30B
Lowest
$1.72B
Source
World Bank World Development Indicators
Thailand's military expenditure (usd) was $5.52B in 2024, ranking #42 out of 156 countries. This represents a -3.9% change from 2023. Over the past 25 years, the highest recorded value was $7.30B (2020) and the lowest was $1.72B (2001). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $5.52B | -3.9% |
| 2023 | $5.75B | -4.7% |
| 2022 | $6.03B | -15.3% |
| 2021 | $7.12B | -2.4% |
| 2020 | $7.30B | +2.9% |
| 2019 | $7.09B | +6.4% |
| 2018 | $6.66B | +8.9% |
| 2017 | $6.11B | +9.9% |
| 2016 | $5.56B | +2.4% |
| 2015 | $5.43B | -2.7% |
| 2014 | $5.58B | +0.5% |
| 2013 | $5.56B | +2.7% |
| 2012 | $5.41B | +4.9% |
| 2011 | $5.16B | -0.7% |
| 2010 | $5.19B | +19.7% |
| 2009 | $4.34B | +18.9% |
| 2008 | $3.65B | +36.2% |
| 2007 | $2.68B | +27.2% |
| 2006 | $2.11B | +12.9% |
| 2005 | $1.87B | -4.3% |
| 2004 | $1.95B | +3.9% |
| 2003 | $1.88B | +5.2% |
| 2002 | $1.78B | +3.7% |
| 2001 | $1.72B | -8.5% |
| 2000 | $1.88B |
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 |