Military Expenditure in Thailand increased to 6970 USD Million in 2019 from 6876 USD Million in 2018. source: SIPRI
Military Expenditure in Thailand averaged 3292.35 USD Million from 1957 until 2019, reaching an all time high of 6970 USD Million in 2019 and a record low of 393 USD Million in 1961. Thailand Military Expenditure - values, historical data and charts - was last updated on May 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.