The monument is in Ratchathewi District, northeast of central Bangkok, at the center of a traffic circle at the intersection of Phahonyothin, Phaya Thai, and Ratchawithi roads.

The central obelisk, although originally Egyptian, has been frequently used in Europe and the US for national and military memorials, its shape suggesting both a sword and masculine potency.

Five statues, representing the army, navy, air force, police, and civilian population, are depicted in Western "heroic" style, familiar in the 1940s in both fascist and communist states.

Nevertheless, the Thai regime of Field Marshal Plaek Phibunsongkhram celebrated the outcome of the war as a victory, and the monument was commissioned, designed, and erected within a few months.

[2] The monument became an embarrassment in a more political sense in 1945 when the Allies were victorious in the Pacific War they forced Thailand to evacuate the territories it had gained in 1941 and return them to France.

Khlong Samsen is a natural canal that separates from the Chao Phraya River in the Dusit District and flows through this area to the eastern side of Bangkok.

In the early Rattanakosin era, King Rama I and his younger brother, Prince Maha Sura Singhanat used to come to the temple by boat via Khlong Samsen to perform a grand celebration ceremony that lasted for seven days and seven nights.

During the reign of Field Marshal Plaek Phibunsongkhram as prime minister, he had policies to create prosperity for the nation in many respects.

Area of Victory Monument was therefore significantly developed, Phaholyothin Road was cut as a national highway to the northern region.

[4] Now, the area is served by the Victory Monument Station (N3) of the BTS skytrain, whose Green Line runs above Phaya Thai Road.