Military Expenditure in Thailand increased to 7362 USD Million in 2020 from 7286 USD Million in 2019. source: SIPRI
Military Expenditure in Thailand averaged 3481.66 USD Million from 1957 until 2020, reaching an all time high of 7362 USD Million in 2020 and a record low of 408 USD Million in 1961. Thailand Military Expenditure - values, historical data and charts - was last updated on June 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.