Military Expenditure in Thailand increased to 7362 USD Million in 2020 from 7286 USD Million in 2019. source: SIPRI

Military Expenditure in Thailand averaged 3481.66 USD Million from 1957 until 2020, reaching an all time high of 7362 USD Million in 2020 and a record low of 408 USD Million in 1961. Thailand Military Expenditure - values, historical data and charts - was last updated on September of 2021.

Military Expenditure in Thailand is expected to reach 6300.00 USD Million by the end of 2021, 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 2022, according to our econometric models.

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Thailand Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
7362.00 7286.00 7362.00 408.00 1957 - 2020 USD Million Yearly
Constant 2019 prices

Thailand Government Last Previous Highest Lowest Unit
Government Debt to GDP 50.50 41.10 57.80 15.20 percent of GDP [+]
Government Budget -6.10 -1.80 4.90 -6.10 percent of GDP [+]
Government Budget Value -17025.00 -51902.00 217720.00 -258195.00 THB Million [+]
Government Spending 407010.00 401695.00 410629.00 113953.00 THB Million [+]
Government Revenues 220788.00 299430.00 381711.00 14663.30 THB Million [+]
Fiscal Expenditure 230490.00 228399.00 409249.00 15678.00 THB Million [+]
Military Expenditure 7362.00 7286.00 7362.00 408.00 USD Million [+]
Credit Rating 65.00 [+]