Military spending, annual growth rate in Philippines

Philippines: Military spending, annual growth rate was 2.68 % change on previous year in 2023. ◆ Volatile

Latest (2023)
2.68 % change on previous year
Change on year
down 36.8%
World rank
123rd
of 172 countries
All-time high
76.23 % change on previous year
in 1948
All-time low
-32.6 % change on previous year
in 1984
Years of data
77
1947–2023

Military spending, annual growth rate in Philippines, 1947–2023

-250255075194719852023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, military spending, annual growth rate in Philippines stood at 2.68 % change on previous year.

That represents a change of down 36.8% on the previous year and down 65.5% over ten years.

Over the whole period, military spending, annual growth rate in Philippines peaked at 76.23 % change on previous year in 1948 and was at its lowest, -32.6 % change on previous year, in 1984.

That places Philippines 123rd out of 172 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending, annual growth rate in Philippines, year by year

Annual values for Military spending, annual growth rate in Philippines, 1947 to 2023.
Year % change on previous year Change
1947 -9.12 % change on previous year
1948 76.23 % change on previous year -935.6%
1949 30.1 % change on previous year -60.5%
1950 10.33 % change on previous year -65.7%
1951 5.51 % change on previous year -46.7%
1952 40.16 % change on previous year +629.2%
1953 -8.95 % change on previous year -122.3%
1954 -8.31 % change on previous year -7.2%
1955 -10.59 % change on previous year +27.4%
1956 7.99 % change on previous year -175.5%
1957 2.42 % change on previous year -69.7%
1958 5.91 % change on previous year +143.9%
1959 -10.32 % change on previous year -274.7%
1960 0.861 % change on previous year -108.3%
1961 7.04 % change on previous year +717.9%
1962 2.24 % change on previous year -68.2%
1963 -3.37 % change on previous year -250.5%
1964 -2.95 % change on previous year -12.3%
1965 6.32 % change on previous year -313.9%
1966 -0.2626 % change on previous year -104.2%
1967 6.83 % change on previous year -2700.3%
1968 8.33 % change on previous year +22.0%
1969 3.22 % change on previous year -61.3%
1970 -3.4 % change on previous year -205.4%
1971 -0.6081 % change on previous year -82.1%
1972 1.65 % change on previous year -372.1%
1973 38.46 % change on previous year +2224.3%
1974 35.68 % change on previous year -7.2%
1975 26.89 % change on previous year -24.6%
1976 11.7 % change on previous year -56.5%
1977 14.25 % change on previous year +21.8%
1978 2.3 % change on previous year -83.9%
1979 6.62 % change on previous year +188.3%
1980 -12.75 % change on previous year -292.6%
1981 -0.4753 % change on previous year -96.3%
1982 6.13 % change on previous year -1388.7%
1983 -25.77 % change on previous year -520.7%
1984 -32.6 % change on previous year +26.5%
1985 2.74 % change on previous year -108.4%
1986 15.78 % change on previous year +475.8%
1987 13.96 % change on previous year -11.5%
1988 17.56 % change on previous year +25.7%
1989 23.38 % change on previous year +33.2%
1990 -10.54 % change on previous year -145.1%
1991 -4.78 % change on previous year -54.6%
1992 13.92 % change on previous year -391.0%
1993 6.19 % change on previous year -55.5%
1994 6.12 % change on previous year -1.0%
1995 10.44 % change on previous year +70.6%
1996 -0.5258 % change on previous year -105.0%
1997 -2.3 % change on previous year +337.2%
1998 -0.681 % change on previous year -70.4%
1999 -0.3097 % change on previous year -54.5%
2000 -8.53 % change on previous year +2652.9%
2001 -15.08 % change on previous year +76.9%
2002 1.82 % change on previous year -112.1%
2003 -26.96 % change on previous year -1580.3%
2004 -1.27 % change on previous year -95.3%
2005 1.07 % change on previous year -184.4%
2006 9.14 % change on previous year +751.2%
2007 21.26 % change on previous year +132.6%
2008 7.48 % change on previous year -64.8%
2009 6.44 % change on previous year -13.9%
2010 22 % change on previous year +241.4%
2011 -2.65 % change on previous year -112.0%
2012 2.25 % change on previous year -184.7%
2013 7.76 % change on previous year +245.5%
2014 -2.12 % change on previous year -127.4%
2015 12.47 % change on previous year -687.0%
2016 8.55 % change on previous year -31.4%
2017 14.69 % change on previous year +71.8%
2018 7.9 % change on previous year -46.2%
2019 20.31 % change on previous year +157.0%
2020 13.34 % change on previous year -34.3%
2021 8.71 % change on previous year -34.7%
2022 4.24 % change on previous year -51.3%
2023 2.68 % change on previous year -36.8%

Philippines compared with similar countries

  • Philippines's 2.68 % change on previous year is below the median for upper middle income countries, which is 5.16 % change on previous year, 52% of the median. (49 countries reporting)
  • Philippines's 2.68 % change on previous year is below the median for East Asia & Pacific, which is 3.33 % change on previous year, 80% of the median. (20 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in Philippines changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1967 +2700.3% -0.2626 % change on previous year 6.83 % change on previous year
2000 -2652.9% -0.3097 % change on previous year -8.53 % change on previous year
1973 +2224.3% 1.65 % change on previous year 38.46 % change on previous year
2003 -1580.3% 1.82 % change on previous year -26.96 % change on previous year
1982 +1388.7% -0.4753 % change on previous year 6.13 % change on previous year
1948 +935.6% -9.12 % change on previous year 76.23 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1940s 32.4 % change on previous year -9.12 % change on previous year 76.23 % change on previous year 3
1950s 3.42 % change on previous year -10.59 % change on previous year 40.16 % change on previous year 10
1960s 2.83 % change on previous year -3.37 % change on previous year 8.33 % change on previous year 10
1970s 13.35 % change on previous year -3.4 % change on previous year 38.46 % change on previous year 10
1980s 0.7949 % change on previous year -32.6 % change on previous year 23.38 % change on previous year 10
1990s 1.75 % change on previous year -10.54 % change on previous year 13.92 % change on previous year 10
2000s -0.4615 % change on previous year -26.96 % change on previous year 21.26 % change on previous year 10
2010s 9.11 % change on previous year -2.65 % change on previous year 22 % change on previous year 10
2020s 7.24 % change on previous year 2.68 % change on previous year 13.34 % change on previous year 4

Countries ranked near Philippines

  1. 120 Serbia 2.81 % change on previous year compare
  2. 121 Botswana 2.8 % change on previous year compare
  3. 122 United States 2.72 % change on previous year compare
  4. 124 Panama 2.66 % change on previous year compare
  5. 125 Tanzania 2.65 % change on previous year compare
  6. 126 Kazakhstan 2.62 % change on previous year compare

See the full ranking of 172 places →

More reference data data for Philippines

All data for Philippines →

Frequently asked questions

What is military spending, annual growth rate in Philippines?
Military spending, annual growth rate in Philippines was 2.68 % change on previous year in 2023, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in Philippines?
The highest recorded value was 76.23 % change on previous year in 1948.
What is the lowest military spending, annual growth rate recorded in Philippines?
The lowest recorded value was -32.6 % change on previous year in 1984.
How does Philippines rank for military spending, annual growth rate?
Philippines ranks 123rd out of 172 countries with data for 2023.
Is military spending, annual growth rate rising or falling in Philippines?
Over the last ten years it is down 65.5%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from Statizoid (derived), published as part of Military spending, annual growth rate. Statizoid updates them automatically from the source API.

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Military spending, annual growth rate in Philippines. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/philippines/

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How this figure is calculated

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.