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 June of 2020. source: SIPRI

Military Expenditure in Thailand is expected to reach 6198.30 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 6198.30 USD Million in 2021, according to our econometric models.

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Thailand Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
6420.00 6306.00 6420.00 369.00 1957 - 2018 USD Million Yearly
constant 2017 prices

Thailand Government Last Previous Highest Lowest Unit
Government Debt to GDP 41.80 41.20 57.80 15.20 percent [+]
Government Budget -1.90 -2.40 4.90 -5.10 percent of GDP [+]
Government Budget Value 17939.00 -91787.00 217720.00 -258195.00 THB Million [+]
Government Spending 391965.00 398232.00 401890.00 113953.00 THB Million [+]
Government Revenues 148832.00 173407.00 381595.00 14663.30 THB Million [+]
Fiscal Expenditure 296746.00 303115.00 409249.00 15678.00 THB Million [+]
Military Expenditure 6420.00 6306.00 6420.00 369.00 USD Million [+]
Credit Rating 65.00 [+]