Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
Thailand's military expenditure stands at 1.08% as of 2024-12-31, down from 1.13% in 2023. Historical data runs from 1960 to 2024 (65 observations).
In 2024, Thailand's military expenditure was 1.08%, down from 1.13% in 2023.
In 2023, Thailand's military expenditure was 1.13%, down from 1.24% in 2022.
In 2022, Thailand's military expenditure was 1.24%, down from 1.42% in 2021.
In 2021, Thailand's military expenditure was 1.42%, down from 1.46% in 2020.
In 2020, Thailand's military expenditure was 1.46%, up from 1.33% in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 1.08% | -0.0522% |
| 2023 | 1.13% | -0.1101% |
| 2022 | 1.24% | -0.1773% |
| 2021 | 1.42% | -0.0424% |
| 2020 | 1.46% | +0.1335% |
| 2019 | 1.33% | +0.0009% |
| 2018 | 1.33% | -0.0099% |
| 2017 | 1.34% | +0.0111% |
| 2016 | 1.33% | -0.0122% |
| 2015 | 1.34% | -0.0426% |
| 2014 | 1.38% | +0.0347% |
| 2013 | 1.35% | -0.0446% |
| 2012 | 1.39% | -0.0007% |
| 2011 | 1.39% | -0.1319% |
| 2010 | 1.52% | -0.0178% |
| 2009 | 1.54% | +0.2877% |
| 2008 | 1.25% | +0.2335% |
| 2007 | 1.02% | +0.0691% |
| 2006 | 0.9501% | -0.0361% |
| 2005 | 0.9862% | -0.1422% |
| 2004 | 1.13% | -0.1045% |
| 2003 | 1.23% | -0.0954% |
| 2002 | 1.33% | -0.1016% |
| 2001 | 1.43% | -0.0582% |
| 2000 | 1.49% | -0.1357% |
| 1999 | 1.62% | -0.2326% |
| 1998 | 1.86% | -0.3176% |
| 1997 | 2.17% | +0.0224% |
| 1996 | 2.15% | -0.1223% |
| 1995 | 2.27% | -0.2286% |
| 1994 | 2.5% | -0.0224% |
| 1993 | 2.52% | -0.1326% |
| 1992 | 2.66% | +0.0124% |
| 1991 | 2.65% | +0.0508% |
| 1990 | 2.59% | -0.0904% |
| 1989 | 2.68% | -0.2488% |
| 1988 | 2.93% | -0.4279% |
| 1987 | 3.36% | -0.4339% |
| 1986 | 3.8% | -0.3938% |
| 1985 | 4.19% | +0.1247% |
| 1984 | 4.06% | +0.1111% |
| 1983 | 3.95% | -0.167% |
| 1982 | 4.12% | +0.0572% |
| 1981 | 4.06% | -0.1813% |
| 1980 | 4.24% | -0.1365% |
| 1979 | 4.38% | +0.4572% |
| 1978 | 3.92% | +0.4419% |
| 1977 | 3.48% | +0.3504% |
| 1976 | 3.13% | +0.3362% |
| 1975 | 2.8% | +0.1398% |
| 1974 | 2.66% | -0.2268% |
| 1973 | 2.88% | -0.592% |
| 1972 | 3.47% | -0.0867% |
| 1971 | 3.56% | +0.4957% |
| 1970 | 3.07% | +0.0739% |
| 1969 | 2.99% | +0.2368% |
| 1968 | 2.75% | +0.3277% |
| 1967 | 2.43% | +0.2614% |
| 1966 | 2.17% | -0.1606% |
| 1965 | 2.33% | -0.1041% |
| 1964 | 2.43% | -0.186% |
| 1963 | 2.62% | -0.0125% |
| 1962 | 2.63% | +0.5309% |
| 1961 | 2.1% | -0.3676% |
| 1960 | 2.47% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
Thailand's military expenditure is 1.08% as of 2024-12-31, compared with 1.13% in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 4.38% (1979); the lowest is 0.9501% (2006), 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.