Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Philippines's military expenditure stands at 1.32% as of 2024-12-31, up from 1.18% in 2023. Historical data runs from 1960 to 2024 (64 observations).
In 2024, Philippines's military expenditure was 1.32%, up from 1.18% in 2023.
In 2023, Philippines's military expenditure was 1.18%, down from 1.32% in 2022.
In 2022, Philippines's military expenditure was 1.32%, down from 1.41% in 2021.
In 2021, Philippines's military expenditure was 1.41%, up from 1.3% in 2020.
In 2020, Philippines's military expenditure was 1.3%, up from 1.13% in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 1.32% | +0.148% |
| 2023 | 1.18% | -0.14% |
| 2022 | 1.32% | -0.0905% |
| 2021 | 1.41% | +0.1096% |
| 2020 | 1.3% | +0.1659% |
| 2019 | 1.13% | -0.0529% |
| 2018 | 1.18% | +0.0163% |
| 2017 | 1.17% | +0.1224% |
| 2016 | 1.05% | -0.0429% |
| 2015 | 1.09% | +0.0453% |
| 2014 | 1.04% | -0.1464% |
| 2013 | 1.19% | +0.0828% |
| 2012 | 1.11% | -0.0467% |
| 2011 | 1.15% | -0.0167% |
| 2010 | 1.17% | -0.0322% |
| 2009 | 1.2% | -0.048% |
| 2008 | 1.25% | -0.0411% |
| 2007 | 1.29% | +0.0323% |
| 2006 | 1.26% | -0.0188% |
| 2005 | 1.28% | -0.0827% |
| 2004 | 1.36% | -0.1902% |
| 2003 | 1.55% | +0.077% |
| 2002 | 1.47% | +0.0025% |
| 2001 | 1.47% | -0.1368% |
| 2000 | 1.61% | -0.0075% |
| 1999 | 1.62% | -0.0815% |
| 1998 | 1.7% | -0.2172% |
| 1997 | 1.91% | -0.3539% |
| 1996 | 2.27% | -0.0257% |
| 1995 | 2.29% | +0.1217% |
| 1994 | 2.17% | +0.0149% |
| 1993 | 2.16% | +0.1211% |
| 1992 | 2.04% | +0.0257% |
| 1991 | 2.01% | -0.1365% |
| 1990 | 2.15% | -0.0957% |
| 1989 | 2.24% | -0.216% |
| 1988 | 2.46% | +0.4936% |
| 1987 | 1.97% | -0.0228% |
| 1986 | 1.99% | +0.0055% |
| 1985 | 1.98% | +0.3478% |
| 1984 | 1.63% | -0.7745% |
| 1983 | 2.41% | -0.188% |
| 1982 | 2.6% | -0.1584% |
| 1981 | 2.76% | +0.046% |
| 1980 | 2.71% | -0.2552% |
| 1979 | 2.96% | +0.3832% |
| 1978 | 2.58% | -1.04% |
| 1977 | 3.62% | -0.31% |
| 1976 | 3.93% | +0.3733% |
| 1974 | 3.56% | +0.7442% |
| 1973 | 2.81% | +0.4776% |
| 1972 | 2.34% | +0.2662% |
| 1971 | 2.07% | -0.0868% |
| 1970 | 2.16% | +0.0659% |
| 1969 | 2.09% | +0.2234% |
| 1968 | 1.87% | +0.1275% |
| 1967 | 1.74% | +0.0882% |
| 1966 | 1.65% | +0.1025% |
| 1965 | 1.55% | -0.1557% |
| 1964 | 1.7% | -0.1509% |
| 1963 | 1.86% | +0.047% |
| 1962 | 1.81% | +0.1059% |
| 1961 | 1.7% | -0.0756% |
| 1960 | 1.78% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Philippines's military expenditure is 1.32% as of 2024-12-31, compared with 1.18% in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 3.93% (1976); the lowest is 1.04% (2014), across data from 1960 to 2024.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.