Military spending gmsd in Philippines

Philippines: Military spending gmsd was 6.33 billion in 2023. ◆ Volatile

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

Military spending gmsd in Philippines, 1946–2023

02.0B4.0B6.0B194619842023

Source: Our World in Data.

Analysis

In 2023, military spending gmsd in Philippines stood at 6.33 billion. 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 gmsd in Philippines peaked at 6.33 billion in 2023 and was at its lowest, 180.02 million, 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 gmsd in Philippines, year by year

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

Philippines compared with similar countries

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

Biggest year-on-year movements

Years where Military spending gmsd 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 317.25 million

Averages by decade

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

Countries ranked near Philippines

  1. 41 Finland 6.73 billion compare
  2. 42 Romania 6.50 billion compare
  3. 43 Iraq 6.46 billion compare
  4. 45 Chile 6.31 billion compare
  5. 46 Morocco 6.18 billion compare
  6. 47 Bangladesh 5.34 billion 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 gmsd in Philippines?
Military spending gmsd in Philippines was 6.33 billion in 2023, according to Our World in Data.
What is the highest military spending gmsd recorded in Philippines?
The highest recorded value was 6.33 billion in 2023.
What is the lowest military spending gmsd recorded in Philippines?
The lowest recorded value was 180.02 million in 1947.
How does Philippines rank for military spending gmsd?
Philippines ranks 44th out of 172 countries with data for 2023.
Is military spending gmsd 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 Our World in Data, published as part of Military spending gmsd. Statizoid updates them automatically from the source API.

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Military spending gmsd in Philippines. Statizoid, drawing on Our World in Data. Retrieved 13 November 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/philippines/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed