Military Expenditure in Thailand increased to 6420 USD Million in 2018 from 6306 USD Million in 2017.
Military Expenditure in Thailand averaged 3034.34 USD Million from 1957 until 2018, reaching an all time high of 6420 USD Million in 2018 and a record low of 369 USD Million in 1961. Thailand Military Expenditure - values, historical data and charts - was last updated on September of 2020. source: SIPRI
Military Expenditure in Thailand is expected to reach 6200.00 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Thailand Military Expenditure is projected to trend around 6300.00 USD Million in 2021, according to our econometric models.