Military expenditure in local currency reached PHP 216 bil in 2022 in Philippines, according to the SIPRI Military Expenditure Database. This is 20.9% less than in the previous year.
Historically, military expenditure in local currency in Philippines reached an all time high of PHP 273 bil in 2021 and an all time low of PHP 0.236 bil in 1958.
Philippines has been ranked 43rd within the group of 150 countries we follow in terms of military expenditure in local currency.
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