ASEAN Military Defense Spending in 2022: Indonesia Among the Top Two!

Economics & Macro

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Erlina Fury Santika 21/02/2023 21:37 WIB

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The Lowy Institute has ranked ASEAN countries' military defense budget expenditures. Indonesia is among the two largest.

Projected Military Expenditure for ASEAN Member States (2022)*

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ASEAN Military Defense Spending in 2022: Indonesia Among the Top Two!

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Projected Military Expenditure for ASEAN Member States (2022)*

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The Lowy Institute has released estimates of military expenditure by Association of Southeast Asian Nations (ASEAN) member states throughout 2022.

According to this data, Singapore had the highest projected expenditure at US$12 billion. Indonesia was second, with an estimated US$10 billion.

The difference in estimated expenditure is considerably larger below these top two. Thailand, in third place, spent US$7.44 billion. Vietnam, in fourth, spent US$7.21 billion.

The ASEAN members with the lowest expenditure last year were Brunei Darussalam (US$597 million) and Laos (US$46 million).

Note that the Lowy Institute did not include data from Timor Leste. This data was compiled by the Lowy Institute from various sources in each country.

The following are the estimated 2022 military defense budgets of ASEAN countries:

* Singapore: US$12 billion
* Indonesia: US$10 billion
* Thailand: US$7.44 billion
* Vietnam: US$7.21 billion
* Philippines: US$4.43 billion
* Malaysia: US$3.96 billion
* Myanmar: US$3.70 billion
* Cambodia: US$659 million
* Brunei Darussalam: US$597 million
* Laos: US$46 million

(Also read: Countries with the Best Military Strength Scores in 2023)

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."