Military expenditure in local currency rose 8.52% to SGD 16.1 bil in Singapore in 2022, according to the SIPRI Military Expenditure Database.
Historically, military expenditure in local currency in Singapore reached an all time high of SGD 16.1 bil in 2022 and an all time low of SGD 0.317 bil in 1970. When compared to Singapore's main peers, military expenditure in local currency in Indonesia amounted to IDR 133,407 bil, MYR 16.1 bil in Malaysia, PHP 216 bil in Philippines and THB 201 bil in Thailand in 2022.
Singapore has been ranked 90th within the group of 150 countries we follow in terms of military expenditure in local currency, 4 places below the position seen 10 years ago.
| Military Expenditure (Local Currency) | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Australia | AUD bil | 35.5 | 36.1 | 35.9 | 37.5 | 39.7 | ||||||||||||||||
| Cambodia | KHR bil | 1,552 | 1,857 | 2,198 | 2,416 | 2,537 | ||||||||||||||||
| China | CNY bil | 1,320 | 1,424 | 1,538 | 1,660 | 1,781 | ||||||||||||||||
| Indonesia | IDR bil | 98,249 | 117,578 | 106,680 | 115,351 | 136,871 | ||||||||||||||||
| Laos | LAK bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||||||||||
| Malaysia | MYR bil | 17.3 | 15.1 | 13.9 | 13.5 | 14.2 | ||||||||||||||||
| Myanmar | MMK bil | ... | ... | ... | ... | ... | ... | 3,035 | 3,012 | 2,190 | 2,305 | 3,442 | ||||||||||
| Philippines | PHP bil | 158 | 193 | 216 | 221 | 233 | ||||||||||||||||
| Singapore | SGD bil | 13.6 | 14.1 | 14.3 | 14.2 | 13.5 | ||||||||||||||||
| Taiwan | TWD bil | 312 | 319 | 317 | 340 | 349 | ||||||||||||||||
| Thailand | THB bil | 207 | 215 | 222 | 228 | 227 | ||||||||||||||||
| Vietnam | VND bil | ... | 110,000 | 113,534 | 126,618 | ... | ... | ... | ... |
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