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Military Expenditure (Local Currency) rose 2.23% to THB 227 bil in Thailand in 2019

Military Expenditure (Local Currency) (THB bil), 2019
Military & Defense | Thailand | March 1, 2021
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Military expenditure in local currency rose 2.23% to THB 227 bil in Thailand in 2019, according to the SIPRI Military Expenditure Database.

Historically, military expenditure in local currency in Thailand reached an all time high of THB 227 bil in 2019 and an all time low of THB 1.24 bil in 1961.

Thailand has been ranked 35th within the group of 145 countries we follow in terms of military expenditure in local currency, 5 places below the position seen 10 years ago.

Military Expenditure (Local Currency) Unit 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Cambodia KHR bil 1,552 1,857 2,198 2,416 2,537
China CNY bil 1,320 1,424 1,538 1,660 1,781
India INR bil 3,806 4,209 4,529 5,030 5,396
Laos LAK bil ... ... ... ... ... ... ... ... ...
Malaysia MYR bil 17.3 15.1 13.9 13.5 14.2
Myanmar MMK bil ... ... ... ... ... ... 3,035 3,012 2,190 2,305 3,442
Singapore SGD bil 13.6 14.1 14.3 14.2 13.5
Thailand THB bil 207 215 222 228 227
Vietnam VND bil ... 110,000 113,534 126,618 ... ... ... ...