Military expenditure in local currency reached TWD 373 bil in 2022 in Taiwan, according to the SIPRI Military Expenditure Database. This is 3.50% more than in the previous year.
Historically, military expenditure in local currency in Taiwan reached an all time high of TWD 373 bil in 2022 and an all time low of TWD 45.0 bil in 1976.
Taiwan has been ranked 31st within the group of 150 countries we follow in terms of military expenditure in local currency.
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