Military spending in Thailand

Thailand: Military spending was 5.57 billion constant 2024 US$ in 2025. ◆ Volatile

Latest (2025)
5.57 billion constant 2024 US$
Change on year
up 0.8%
World rank
48th
of 162 countries
All-time high
7.13 billion constant 2024 US$
in 2020
All-time low
395.53 million constant 2024 US$
in 1961
Years of data
69
1957–2025

Military spending in Thailand, 1957–2025

02.0B4.0B6.0B8.0B195719912025

Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data. Measured in constant 2024 US$.

Analysis

The most recent figure for military spending in Thailand is 5.57 billion constant 2024 US$, measured in 2025.

Compared with earlier readings it is up 0.8% on the previous year and down 5.9% over ten years.

Over the whole period, military spending in Thailand peaked at 7.13 billion constant 2024 US$ in 2020 and was at its lowest, 395.53 million constant 2024 US$, in 1961.

Thailand ranks 48th of 162 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 Thailand, year by year

Annual values for Military spending in Thailand, 1957 to 2025.
Year constant 2024 US$ Change
1957 538.92 million constant 2024 US$ —
1958 477.94 million constant 2024 US$ -11.3%
1959 490.41 million constant 2024 US$ +2.6%
1960 456.94 million constant 2024 US$ -6.8%
1961 395.53 million constant 2024 US$ -13.4%
1962 517.03 million constant 2024 US$ +30.7%
1963 549.18 million constant 2024 US$ +6.2%
1964 563.97 million constant 2024 US$ +2.7%
1965 608.42 million constant 2024 US$ +7.9%
1966 654.76 million constant 2024 US$ +7.6%
1967 751.45 million constant 2024 US$ +14.8%
1968 903.55 million constant 2024 US$ +20.2%
1969 1.05 billion constant 2024 US$ +16.7%
1970 1.24 billion constant 2024 US$ +17.6%
1971 1.49 billion constant 2024 US$ +20.3%
1972 1.54 billion constant 2024 US$ +3.2%
1973 1.44 billion constant 2024 US$ -6.2%
1974 1.35 billion constant 2024 US$ -6.8%
1975 1.46 billion constant 2024 US$ +8.6%
1976 1.79 billion constant 2024 US$ +22.9%
1977 2.16 billion constant 2024 US$ +20.3%
1978 2.73 billion constant 2024 US$ +26.3%
1979 3.17 billion constant 2024 US$ +16.3%
1980 3.04 billion constant 2024 US$ -4.1%
1981 2.97 billion constant 2024 US$ -2.5%
1982 3.17 billion constant 2024 US$ +6.6%
1983 3.20 billion constant 2024 US$ +1.2%
1984 3.50 billion constant 2024 US$ +9.4%
1985 3.77 billion constant 2024 US$ +7.6%
1986 3.60 billion constant 2024 US$ -4.6%
1987 3.57 billion constant 2024 US$ -0.9%
1988 3.60 billion constant 2024 US$ +0.8%
1989 3.72 billion constant 2024 US$ +3.4%
1990 3.99 billion constant 2024 US$ +7.3%
1991 4.42 billion constant 2024 US$ +10.7%
1992 4.82 billion constant 2024 US$ +9.0%
1993 4.95 billion constant 2024 US$ +2.8%
1994 5.36 billion constant 2024 US$ +8.2%
1995 5.35 billion constant 2024 US$ -0.2%
1996 5.26 billion constant 2024 US$ -1.6%
1997 5.11 billion constant 2024 US$ -2.9%
1998 4.03 billion constant 2024 US$ -21.1%
1999 3.58 billion constant 2024 US$ -11.1%
2000 3.42 billion constant 2024 US$ -4.5%
2001 3.41 billion constant 2024 US$ -0.3%
2002 3.39 billion constant 2024 US$ -0.4%
2003 3.39 billion constant 2024 US$ -0.2%
2004 3.32 billion constant 2024 US$ -2.0%
2005 3.04 billion constant 2024 US$ -8.5%
2006 3.09 billion constant 2024 US$ +1.6%
2007 3.50 billion constant 2024 US$ +13.4%
2008 4.36 billion constant 2024 US$ +24.6%
2009 5.39 billion constant 2024 US$ +23.4%
2010 5.77 billion constant 2024 US$ +7.1%
2011 5.31 billion constant 2024 US$ -8.0%
2012 5.51 billion constant 2024 US$ +3.8%
2013 5.48 billion constant 2024 US$ -0.6%
2014 5.71 billion constant 2024 US$ +4.2%
2015 5.91 billion constant 2024 US$ +3.6%
2016 6.23 billion constant 2024 US$ +5.3%
2017 6.56 billion constant 2024 US$ +5.4%
2018 6.71 billion constant 2024 US$ +2.3%
2019 6.88 billion constant 2024 US$ +2.5%
2020 7.13 billion constant 2024 US$ +3.6%
2021 7.01 billion constant 2024 US$ -1.6%
2022 6.14 billion constant 2024 US$ -12.4%
2023 5.74 billion constant 2024 US$ -6.6%
2024 5.52 billion constant 2024 US$ -3.8%
2025 5.57 billion constant 2024 US$ +0.8%

Thailand compared with similar countries

  • Thailand's 5.57 billion constant 2024 US$ is above the median for upper middle income countries, which is 1.62 billion constant 2024 US$, 3.4× the median. (46 countries reporting)
  • Thailand's 5.57 billion constant 2024 US$ is above the median for East Asia & Pacific, which is 4.65 billion constant 2024 US$, 1.2× the median. (19 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1950s 502.42 million constant 2024 US$ 477.94 million constant 2024 US$ 538.92 million constant 2024 US$ 3
1960s 645.54 million constant 2024 US$ 395.53 million constant 2024 US$ 1.05 billion constant 2024 US$ 10
1970s 1.84 billion constant 2024 US$ 1.24 billion constant 2024 US$ 3.17 billion constant 2024 US$ 10
1980s 3.41 billion constant 2024 US$ 2.97 billion constant 2024 US$ 3.77 billion constant 2024 US$ 10
1990s 4.69 billion constant 2024 US$ 3.58 billion constant 2024 US$ 5.36 billion constant 2024 US$ 10
2000s 3.63 billion constant 2024 US$ 3.04 billion constant 2024 US$ 5.39 billion constant 2024 US$ 10
2010s 6.01 billion constant 2024 US$ 5.31 billion constant 2024 US$ 6.88 billion constant 2024 US$ 10
2020s 6.19 billion constant 2024 US$ 5.52 billion constant 2024 US$ 7.13 billion constant 2024 US$ 6

Countries ranked near Thailand

  1. 45 Oman 5.93 billion constant 2024 US$ compare
  2. 46 Austria 5.88 billion constant 2024 US$ compare
  3. 47 Morocco 5.88 billion constant 2024 US$ compare
  4. 49 Portugal 5.50 billion constant 2024 US$ compare
  5. 50 Chile 5.15 billion constant 2024 US$ compare
  6. 51 Azerbaijan 4.67 billion constant 2024 US$ compare

See the full ranking of 162 places →

More reference data data for Thailand

All data for Thailand →

Frequently asked questions

What is military spending in Thailand?
Military spending in Thailand was 5.57 billion constant 2024 US$ in 2025, according to Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data.
What is the highest military spending recorded in Thailand?
The highest recorded value was 7.13 billion constant 2024 US$ in 2020.
What is the lowest military spending recorded in Thailand?
The lowest recorded value was 395.53 million constant 2024 US$ in 1961.
How does Thailand rank for military spending?
Thailand ranks 48th out of 162 countries with data for 2025.
Is military spending rising or falling in Thailand?
Over the last ten years it is down 5.9%. The long-run trend across the full record is volatile.
Where does this Thailand data come from?
The figures come from Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

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Military spending in Thailand. 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/stat/military-spending-sipri/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.