Philippines vs Sri Lanka: Military expenditure

Philippines

350.46 billion current LCU

in 2024

Sri Lanka

402.50 billion current LCU

in 2024

Philippines rank

43rd

Sri Lanka rank

40th

Military expenditure over time

Sri Lanka currently reports 402.50 billion current LCU against 350.46 billion current LCU in Philippines, a difference of 52.03 billion current LCU.

That makes Sri Lanka's figure about 1.1 times Philippines's.

The two have swapped places 3 times across 63 shared years of data; in 1960 it was Philippines ahead.

Globally, Philippines ranks 43rd and Sri Lanka ranks 40th of 167 countries.

Indicator: Military expenditure (current LCU)
Unit: current LCU
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 167 places, 8,248 data points, 1960–2024
Last refreshed: 06 August 2026

Military expenditure in local currency at current prices (by calendar year)