Chile vs Thailand: Military spending

Chile
5.15 billion constant 2024 US$
in 2025
Thailand
5.57 billion constant 2024 US$
in 2025
Chile rank
50th
Thailand rank
48th

Military spending over time

  • Chile
  • Thailand
02.0B4.0B6.0B8.0B195319892025

How they compare

Thailand currently reports 5.57 billion constant 2024 US$ against 5.15 billion constant 2024 US$ in Chile, a difference of 414.00 million constant 2024 US$.

That makes Thailand's figure about 1.1 times Chile's.

The two have swapped places 6 times across 69 shared years of data; in 1957 it was Thailand ahead.

Chile ranks 50th and Thailand ranks 48th of 162 countries.

Across the 8 decades both report, Chile averaged higher in 1 and Thailand in 7.

Head to head by decade

Decade Chile Thailand Difference Ahead
1950s 198.05 million constant 2024 US$ 502.42 million constant 2024 US$ 304.38 million constant 2024 US$ Thailand
1960s 287.61 million constant 2024 US$ 645.54 million constant 2024 US$ 357.93 million constant 2024 US$ Thailand
1970s 1.62 billion constant 2024 US$ 1.84 billion constant 2024 US$ 220.40 million constant 2024 US$ Thailand
1980s 2.74 billion constant 2024 US$ 3.41 billion constant 2024 US$ 671.70 million constant 2024 US$ Thailand
1990s 2.28 billion constant 2024 US$ 4.69 billion constant 2024 US$ 2.40 billion constant 2024 US$ Thailand
2000s 3.76 billion constant 2024 US$ 3.63 billion constant 2024 US$ 126.74 million constant 2024 US$ Chile
2010s 4.95 billion constant 2024 US$ 6.01 billion constant 2024 US$ 1.06 billion constant 2024 US$ Thailand
2020s 5.26 billion constant 2024 US$ 6.19 billion constant 2024 US$ 921.80 million constant 2024 US$ Thailand

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, Chile or Thailand?
Thailand, at 5.57 billion constant 2024 US$ against 5.15 billion constant 2024 US$ in Chile as of 2025.
What is the difference in military spending between Chile and Thailand?
414.00 million constant 2024 US$, with Thailand ahead.
How many years of comparable data are there for Chile and Thailand?
69 years are reported by both, from 1957 to 2025.
How do Chile and Thailand rank globally for military spending?
Chile ranks 50th and Thailand ranks 48th of 162 countries.
Where does this data come from?
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data, published as Military spending. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Chile vs Thailand: Military spending. Statizoid, drawing on Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Retrieved 28 September 2026, from https://reference.statizoid.com/compare/military-spending-sipri/chile/thailand/

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About this data

Indicator
Military spending
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
162 places, 8,341 data points, 1949–2025
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.