South Korea - Military Expenditure
Since 2014, South Korea Military Expenditure was up 3.2% year on year. With $43,890,861,986.14 in 2019, the country was ranked number 10 among other countries in Military Expenditure. South Korea is overtaken by Japan, which was ranked number 9 at $47,609,019,987.34 and is followed by Brazil at $26,945,917,849.9. United States ranked the highest with $731,751,400,000 in 2019, that is a growth of 7.2% compared to 2018. China, India and Russia respectively ranked number 2, 3 and 4 in this ranking. Bulgaria witnessed the best average annual growth at +23.3% per year, while Venezuela was the worst growing country at -55.3% per year.
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| Date | US Dollars |
|---|---|
| 2019 | 43,890,861,986.14 |
| 2018 | 43,069,973,342.88 |
| 2017 | 39,170,682,135.62 |
| 2016 | 36,885,283,430.02 |
| 2015 | 36,570,769,322.57 |
Download all data from 1960 to 2019
How does South Korea rank in Military Expenditure?
| # | 156 Countries | US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
731,751,400,000.00 | 2019 | +7.2 % | +2.5 % | View data | |
| 2 |
#2
China
|
261,081,940,426.67 | 2019 | +3.0 % | +5.4 % | View data | |
| 9 |
#9
Japan
|
47,609,019,987.34 | 2019 | +2.1 % | +0.3 % | View data | |
| 10 |
#10
South Korea
|
43,890,861,986.14 | 2019 | +1.9 % | +3.2 % | View data | |
| 11 |
#11
Brazil
|
26,945,917,849.90 | 2019 | -4.4 % | -3.8 % | View data | |