Military Expenditure in Philippines decreased to 3753 USD Million in 2018 from 3755 USD Million in 2017.

Military Expenditure in Philippines averaged 1931.90 USD Million from 1958 until 2018, reaching an all time high of 4223 USD Million in 2016 and a record low of 513 USD Million in 1958. source: SIPRI

Military Expenditure in Philippines is expected to be 5000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Philippines Military Expenditure is projected to trend around 6200.00 USD Million in 2020, according to our econometric models.


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Philippines Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
3753.00 3755.00 4223.00 513.00 1958 - 2018 USD Million Yearly
constant 2017 prices
Philippines Government Last Previous Highest Lowest Unit
Government Debt to GDP 41.90 42.10 74.90 41.90 percent [+]
Government Budget -3.20 -2.20 1.00 -5.30 percent of GDP [+]
Government Budget Value -60900.00 -49262.00 86872.00 -178557.00 PHP Million [+]
Government Spending 280571.37 272139.90 328018.80 62728.31 PHP Million [+]
Government Revenues 304749.00 261553.00 317236.00 81.00 PHP Million [+]
Fiscal Expenditure 365632.00 310815.00 415085.00 107.00 PHP Million [+]
Credit Rating 60.00 [+]
Military Expenditure 3753.00 3755.00 4223.00 513.00 USD Million [+]