Thailand - Military Expenditure
Since 2014, Thailand Military Expenditure jumped by 5% year on year. In 2019, the country was ranked number 29 comparing other countries in Military Expenditure at $7,314,879,227.05. Thailand is overtaken by Iraq, which was number 28 at $7,598,829,335.75 and is followed by Norway at $7,003,411,804.84. United States lead the ranking with $731,751,400,000 in 2019, that is a growth of 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 was the worst growing country at -55.3% per year.
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| Date | US Dollars |
|---|---|
| 2019 | 7,314,879,227.05 |
| 2018 | 6,876,114,542.56 |
| 2017 | 6,320,716,259.42 |
| 2016 | 5,876,294,938.45 |
| 2015 | 5,724,812,311.09 |
Download all data from 1960 to 2019
How does Thailand 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 | |
| 28 |
#28
Iraq
|
7,598,829,335.75 | 2019 | +20.3 % | +1.9 % | View data | |
| 29 |
#29
Thailand
|
7,314,879,227.05 | 2019 | +6.4 % | +5.0 % | View data | |
| 30 |
#30
Norway
|
7,003,411,804.84 | 2019 | -0.9 % | -0.9 % | View data | |