Philippines - Military Expenditure
Since 2014, Philippines Military Expenditure jumped by 2.3% year on year. In 2019, the country was ranked number 49 among other countries in Military Expenditure at $3,471,584,034.02. Philippines is overtaken by Morocco, which was ranked number 48 with $3,721,323,837.45 and is followed by South Africa at $3,465,133,037.69. United States lead the ranking with $731,751,400,000 in 2019, that is +7.2% versus 2018. China, India and Russia respectively ranked number 2, 3 and 4 in this ranking. Bulgaria recorded the best 5 years average growth at +23.3% per year, while Venezuela witnessed the worst performance at -55.3% per year.
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| Date | US Dollars |
|---|---|
| 2019 | 3,471,584,034.02 |
| 2018 | 2,842,618,671.85 |
| 2017 | 4,096,341,612.12 |
| 2016 | 3,331,502,847.06 |
| 2015 | 3,335,550,049.03 |
Download all data from 1960 to 2019
How does Philippines rank in Military Expenditure?
| # | 156 Countries | US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
731,751,400,000.00 | 2019 | +7.2 % | +2.5 % | View data | |
| 2 |
#2
China
|
261,081,940,426.67 | 2019 | +3.0 % | +5.4 % | View data | |
| 48 |
#48
Morocco
|
3,721,323,837.45 | 2019 | +0.7 % | -1.7 % | View data | |
| 49 |
#49
Philippines
|
3,471,584,034.02 | 2019 | +22.1 % | +2.3 % | View data | |
| 50 |
#50
South Africa
|
3,465,133,037.69 | 2019 | -5.6 % | -2.3 % | View data | |