Military expenditure in local currency reached THB 200,572,750,000 bil in 2023 in Thailand, according to the SIPRI Military Expenditure Database. This is 99,999,999,900% more than in the previous year.
Historically, military expenditure in local currency in Thailand reached an all time high of THB 200,572,750,000 bil in 2023 and an all time low of THB 1.24 bil in 1961.
Thailand has been ranked 50th within the group of 148 countries we follow in terms of military expenditure in local currency.
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