Military Expenditure (Local Currency) in Philippines

Military expenditure in local currency reached PHP 303,255,500,000 bil in 2023 in Philippines, according to the SIPRI Military Expenditure Database. This is 140,363,483,491% more than in the previous year.

Historically, military expenditure in local currency in Philippines reached an all time high of PHP 303,255,500,000 bil in 2023 and an all time low of PHP 0.236 bil in 1958.

Philippines has been ranked 41st within the group of 148 countries we follow in terms of military expenditure in local currency.