Thailand Military Spending/Defense Budget 1960-2024

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).
  • Thailand military spending/defense budget for 2022 was $5.72B, a 13.5% decline from 2021.
  • Thailand military spending/defense budget for 2021 was $6.62B, a 8.95% decline from 2020.
  • Thailand military spending/defense budget for 2020 was $7.27B, a 0.24% decline from 2019.
  • Thailand military spending/defense budget for 2019 was $7.29B, a 5.96% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $291.96B
Russia $86.37B
Brazil $20.21B
Turkey $10.64B
Colombia $9.94B
Algeria $9.15B
Mexico $8.54B
Iran $6.85B
Thailand $5.72B
Romania $5.19B
Lebanon $4.74B
Iraq $4.68B
Malaysia $3.67B
South Africa $3.00B
Azerbaijan $2.99B
Peru $2.85B
Ecuador $2.49B
Jordan $2.32B
Serbia $1.43B
Bulgaria $1.34B
Kazakhstan $1.13B
Belarus $0.82B
Armenia $0.80B
Dominican Republic $0.76B
Botswana $0.49B
Guatemala $0.43B
Namibia $0.37B
Paraguay $0.37B
Albania $0.29B
Gabon $0.28B
North Macedonia $0.22B
Jamaica $0.22B
Bosnia $0.18B
Equatorial Guinea $0.16B
Montenegro $0.10B
Guyana $0.08B
Fiji $0.07B
Belize $0.02B
Mauritius $0.02B
Venezuela $0.00B
Costa Rica $0.00B
Thailand Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2022 $5.72B 1.16%
2021 $6.62B 1.31%
2020 $7.27B 1.45%
2019 $7.29B 1.35%
2018 $6.88B 1.36%
2017 $6.32B 1.39%
2016 $5.88B 1.42%
2015 $5.72B 1.43%
2014 $5.73B 1.41%
2013 $5.90B 1.40%
2012 $5.49B 1.38%
2011 $5.51B 1.49%
2010 $4.96B 1.45%
2009 $4.80B 1.70%
2008 $4.47B 1.53%
2007 $3.52B 1.34%
2006 $2.44B 1.10%
2005 $1.98B 1.05%
2004 $1.87B 1.08%
2003 $1.89B 1.24%
2002 $1.81B 1.35%
2001 $1.72B 1.43%
2000 $1.88B 1.49%
1999 $2.06B 1.62%
1998 $2.11B 1.86%
1997 $3.26B 2.17%
1996 $3.94B 2.15%
1995 $3.85B 2.27%
1994 $3.61B 2.50%
1993 $3.16B 2.52%
1992 $2.96B 2.66%
1991 $2.60B 2.65%
1990 $2.21B 2.59%
1989 $1.94B 2.68%
1988 $1.81B 2.93%
1987 $1.70B 3.36%
1986 $1.64B 3.80%
1985 $1.63B 4.19%
1984 $1.70B 4.06%
1983 $1.58B 3.95%
1982 $1.51B 4.12%
1981 $1.42B 4.06%
1980 $1.37B 4.24%
1979 $1.20B 4.38%
1978 $0.94B 3.92%
1977 $0.69B 3.48%
1976 $0.53B 3.13%
1975 $0.42B 2.80%
1974 $0.36B 2.66%
1973 $0.31B 2.88%
1972 $0.28B 3.47%
1971 $0.26B 3.56%
1970 $0.22B 3.07%
1969 $0.18B 2.99%
1968 $0.15B 2.75%
1967 $0.13B 2.43%
1966 $0.11B 2.17%
1965 $0.09B 2.33%
1964 $0.09B 2.43%
1963 $0.09B 2.62%
1962 $0.08B 2.63%
1961 $0.06B 2.10%
1960 $0.06B 2.47%