South Korea - General Government Expenditures on Defence
Since 2014, South Korea General Government Expenditures on Defence jumped by 2.9% year on year. At $49,128.86 Million PPP in 2019, the country was ranked number 5 comparing other countries in General Government Expenditures on Defence. South Korea is overtaken by Japan, which was ranked number 4 at $49,578 Million PPP and is followed by Germany at $46,281.05 Million PPP. United States topped the ranking with $608,645.4 Million PPP in 2019, -0.2% versus 2018. Iceland recorded the best 5 years average growth at +31.9% per year, while Chile recorded the worst performance at -3.8% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 49,128.86 |
| 2018 | 48,196.62 |
| 2017 | 47,245.36 |
| 2016 | 46,699.70 |
| 2015 | 45,079.36 |
Download all data from 2007 to 2019
How does South Korea rank in General Government Expenditures on Defence?
| # | 33 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
608,645.40 | 2019 | -0.2 % | -0.0 % | View data | |
| 2 |
#2
United Kingdom
|
57,857.13 | 2019 | +0.6 % | +0.5 % | View data | |
| 4 |
#4
Japan
|
49,578.00 | 2019 | +1.3 % | +1.1 % | View data | |
| 5 |
#5
South Korea
|
49,128.86 | 2019 | +1.9 % | +2.9 % | View data | |
| 6 |
#6
Germany
|
46,281.05 | 2019 | +2.2 % | +3.9 % | View data | |