Military spending in Philippines

Philippines: Military spending was 6.33 billion constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
6.33 billion constant 2022 US$
Change on year
up 2.7%
World rank
44th
of 172 countries
All-time high
6.33 billion constant 2022 US$
in 2023
All-time low
180.02 million constant 2022 US$
in 1947
Years of data
78
1946–2023

Military spending in Philippines, 1946–2023

02.0B4.0B6.0B194619842023

Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

In 2023, military spending in Philippines stood at 6.33 billion constant 2022 US$. That is the highest value across all 78 years on record.

That represents a change of up 2.7% on the previous year and up 134.6% over ten years.

Over the whole period, military spending in Philippines peaked at 6.33 billion constant 2022 US$ in 2023 and was at its lowest, 180.02 million constant 2022 US$, in 1947.

Philippines ranks 44th of 172 countries on this measure, in the middle of the range.

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

Military spending in Philippines, year by year

Annual values for Military spending in Philippines, 1946 to 2023.
Year constant 2022 US$ Change
1946 198.09 million constant 2022 US$
1947 180.02 million constant 2022 US$ -9.1%
1948 317.25 million constant 2022 US$ +76.2%
1949 412.75 million constant 2022 US$ +30.1%
1950 455.39 million constant 2022 US$ +10.3%
1951 480.47 million constant 2022 US$ +5.5%
1952 673.44 million constant 2022 US$ +40.2%
1953 613.17 million constant 2022 US$ -8.9%
1954 562.23 million constant 2022 US$ -8.3%
1955 502.72 million constant 2022 US$ -10.6%
1956 542.91 million constant 2022 US$ +8.0%
1957 556.05 million constant 2022 US$ +2.4%
1958 588.90 million constant 2022 US$ +5.9%
1959 528.12 million constant 2022 US$ -10.3%
1960 532.67 million constant 2022 US$ +0.9%
1961 570.18 million constant 2022 US$ +7.0%
1962 582.94 million constant 2022 US$ +2.2%
1963 563.30 million constant 2022 US$ -3.4%
1964 546.67 million constant 2022 US$ -3.0%
1965 581.20 million constant 2022 US$ +6.3%
1966 579.68 million constant 2022 US$ -0.3%
1967 619.25 million constant 2022 US$ +6.8%
1968 670.84 million constant 2022 US$ +8.3%
1969 692.47 million constant 2022 US$ +3.2%
1970 668.93 million constant 2022 US$ -3.4%
1971 664.86 million constant 2022 US$ -0.6%
1972 675.86 million constant 2022 US$ +1.7%
1973 935.76 million constant 2022 US$ +38.5%
1974 1.27 billion constant 2022 US$ +35.7%
1975 1.61 billion constant 2022 US$ +26.9%
1976 1.80 billion constant 2022 US$ +11.7%
1977 2.06 billion constant 2022 US$ +14.2%
1978 2.10 billion constant 2022 US$ +2.3%
1979 2.24 billion constant 2022 US$ +6.6%
1980 1.96 billion constant 2022 US$ -12.8%
1981 1.95 billion constant 2022 US$ -0.5%
1982 2.07 billion constant 2022 US$ +6.1%
1983 1.53 billion constant 2022 US$ -25.8%
1984 1.03 billion constant 2022 US$ -32.6%
1985 1.06 billion constant 2022 US$ +2.7%
1986 1.23 billion constant 2022 US$ +15.8%
1987 1.40 billion constant 2022 US$ +14.0%
1988 1.65 billion constant 2022 US$ +17.6%
1989 2.03 billion constant 2022 US$ +23.4%
1990 1.82 billion constant 2022 US$ -10.5%
1991 1.73 billion constant 2022 US$ -4.8%
1992 1.97 billion constant 2022 US$ +13.9%
1993 2.09 billion constant 2022 US$ +6.2%
1994 2.22 billion constant 2022 US$ +6.1%
1995 2.46 billion constant 2022 US$ +10.4%
1996 2.44 billion constant 2022 US$ -0.5%
1997 2.39 billion constant 2022 US$ -2.3%
1998 2.37 billion constant 2022 US$ -0.7%
1999 2.36 billion constant 2022 US$ -0.3%
2000 2.16 billion constant 2022 US$ -8.5%
2001 1.84 billion constant 2022 US$ -15.1%
2002 1.87 billion constant 2022 US$ +1.8%
2003 1.36 billion constant 2022 US$ -27.0%
2004 1.35 billion constant 2022 US$ -1.3%
2005 1.36 billion constant 2022 US$ +1.1%
2006 1.49 billion constant 2022 US$ +9.1%
2007 1.80 billion constant 2022 US$ +21.3%
2008 1.94 billion constant 2022 US$ +7.5%
2009 2.06 billion constant 2022 US$ +6.4%
2010 2.52 billion constant 2022 US$ +22.0%
2011 2.45 billion constant 2022 US$ -2.7%
2012 2.50 billion constant 2022 US$ +2.2%
2013 2.70 billion constant 2022 US$ +7.8%
2014 2.64 billion constant 2022 US$ -2.1%
2015 2.97 billion constant 2022 US$ +12.5%
2016 3.22 billion constant 2022 US$ +8.5%
2017 3.70 billion constant 2022 US$ +14.7%
2018 3.99 billion constant 2022 US$ +7.9%
2019 4.80 billion constant 2022 US$ +20.3%
2020 5.44 billion constant 2022 US$ +13.3%
2021 5.91 billion constant 2022 US$ +8.7%
2022 6.17 billion constant 2022 US$ +4.2%
2023 6.33 billion constant 2022 US$ +2.7%

Philippines compared with similar countries

  • Philippines's 6.33 billion constant 2022 US$ is above the median for upper middle income countries, which is 1.25 billion constant 2022 US$, 5.1× the median. (49 countries reporting)
  • Philippines's 6.33 billion constant 2022 US$ is above the median for East Asia & Pacific, which is 4.15 billion constant 2022 US$, 1.5× the median. (20 countries reporting)

Biggest year-on-year movements

Years where Military spending 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
1948 +76.2% 180.02 million constant 2022 US$ 317.25 million constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1940s 277.03 million constant 2022 US$ 180.02 million constant 2022 US$ 412.75 million constant 2022 US$ 4
1950s 550.34 million constant 2022 US$ 455.39 million constant 2022 US$ 673.44 million constant 2022 US$ 10
1960s 593.92 million constant 2022 US$ 532.67 million constant 2022 US$ 692.47 million constant 2022 US$ 10
1970s 1.40 billion constant 2022 US$ 664.86 million constant 2022 US$ 2.24 billion constant 2022 US$ 10
1980s 1.59 billion constant 2022 US$ 1.03 billion constant 2022 US$ 2.07 billion constant 2022 US$ 10
1990s 2.19 billion constant 2022 US$ 1.73 billion constant 2022 US$ 2.46 billion constant 2022 US$ 10
2000s 1.72 billion constant 2022 US$ 1.35 billion constant 2022 US$ 2.16 billion constant 2022 US$ 10
2010s 3.15 billion constant 2022 US$ 2.45 billion constant 2022 US$ 4.80 billion constant 2022 US$ 10
2020s 5.96 billion constant 2022 US$ 5.44 billion constant 2022 US$ 6.33 billion constant 2022 US$ 4

Countries ranked near Philippines

  1. 41 Finland 6.73 billion constant 2022 US$ compare
  2. 42 Romania 6.50 billion constant 2022 US$ compare
  3. 43 Iraq 6.46 billion constant 2022 US$ compare
  4. 45 Chile 6.31 billion constant 2022 US$ compare
  5. 46 Morocco 6.18 billion constant 2022 US$ compare
  6. 47 Bangladesh 5.34 billion constant 2022 US$ 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 in Philippines?
Military spending in Philippines was 6.33 billion constant 2022 US$ in 2023, according to Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in Philippines?
The highest recorded value was 6.33 billion constant 2022 US$ in 2023.
What is the lowest military spending recorded in Philippines?
The lowest recorded value was 180.02 million constant 2022 US$ in 1947.
How does Philippines rank for military spending?
Philippines ranks 44th out of 172 countries with data for 2023.
Is military spending rising or falling in Philippines?
Over the last ten years it is up 134.6%. The long-run trend across the full record is volatile.
Where does this Philippines data come from?
The figures come from Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 78 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Military spending in Philippines. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 22 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/philippines/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

<a href="https://reference.statizoid.com/stat/military-spending-gmsd/philippines/">Military spending in Philippines</a> — Statizoid

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
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.