South Korea - Central Government Expenditures on Defence
Since 2014, South Korea Central Government Expenditures on Defence was up 2.8% year on year. At $48,702.96 Million PPP in 2019, the country was number 5 comparing other countries in Central Government Expenditures on Defence. South Korea is overtaken by Japan, which was ranked number 4 with $50,813.93 Million PPP and is followed by Germany at $48,375.04 Million PPP. United States ranked the highest with $609,253.6 Million PPP in 2019, a decrease of 0.2% versus 2018. Iceland witnessed the best average annual growth at +31.9% per year, while Portugal was the worst growing country at -2.2% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 48,702.96 |
| 2018 | 47,953.92 |
| 2017 | 47,189.60 |
| 2016 | 46,927.28 |
| 2015 | 45,276.71 |
Download all data from 2007 to 2019
How does South Korea rank in Central Government Expenditures on Defence?
| # | 32 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
609,253.60 | 2019 | -0.2 % | -0.0 % | View data | |
| 2 |
#2
United Kingdom
|
57,767.56 | 2019 | +0.6 % | +0.5 % | View data | |
| 4 |
#4
Japan
|
50,813.93 | 2019 | +1.3 % | +1.1 % | View data | |
| 5 |
#5
South Korea
|
48,702.96 | 2019 | +1.6 % | +2.8 % | View data | |
| 6 |
#6
Germany
|
48,375.04 | 2019 | +2.3 % | +3.9 % | View data | |