South Korea - Defence Expenditure by Central Governement
Since 2014, South Korea Defence Expenditure by Central Governement decreased by 0.6points year on year. In 2019, the country was number 3 comparing other countries in Defence Expenditure by Central Governement at 12.67 Percent. South Korea is overtaken by United States, which was ranked number 2 with 13.86 Percent and is followed by Colombia with 9.68 Percent. Israel topped the ranking with 15.79 Percent in 2019, a decrease of 0.4points compared to 2018. Latvia witnessed the best average annual growth at +18.1points per year, while Colombia witnessed the worst performance at -4.8points per year.
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| Date | Percent |
|---|---|
| 2019 | 12.67 |
| 2018 | 12.71 |
| 2017 | 12.61 |
| 2016 | 13.07 |
| 2015 | 13.15 |
Download all data from 2007 to 2019
How does South Korea rank in Defence Expenditure by Central Governement?
| # | 32 Countries | Percent | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
Israel
|
15.79 % | 2019 | -0.4 % | -2.3 % | View data |
| 2 |
#2
United States
|
13.86 % | 2019 | -2.9 % | -1.9 % | View data |
| 3 |
#3
South Korea
|
12.67 % | 2019 | -0.3 % | -0.6 % | View data |
| 4 |
#4
Colombia
|
9.68 % | 2017 | -5.3 % | -4.8 % | View data |
| 5 |
#5
Germany
|
8.88 % | 2019 | +0.1 % | +2.3 % | View data |