South Korea - R&D Budget for Defence
Since 2014, South Korea R&D Budget for Defence was up 5.9% year on year. With $3,663.74 Million PPP in 2019, the country was ranked number 2 among other countries in R&D Budget for Defence. United States lead the ranking with $69,037 Million PPP in 2019, a growth of 2.3% compared to 2018. Greece recorded the best 5 years average growth at +90.2% per year, while Colombia was the worst growing country at -8.1% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 3,663.74 |
| 2018 | 3,586.41 |
| 2017 | 3,355.31 |
| 2016 | 3,123.53 |
| 2015 | 2,969.71 |
Download all data from 1999 to 2019
How does South Korea rank in R&D Budget for Defence?
| # | 36 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
69,037.00 | 2019 | +2.3 % | +8.4 % | View data |
| 2 |
#2
South Korea
|
3,663.74 | 2019 | +2.2 % | +5.9 % | View data |
| 3 |
#3
Germany
|
2,006.37 | 2019 | +43.9 % | +9.6 % | View data |
| 4 |
#4
United Kingdom
|
1,965.00 | 2019 | -18.5 % | -4.4 % | View data |
| 5 |
#5
Turkey
|
1,443.19 | 2020 | -4.9 % | +14.3 % | View data |