World Bank Open Data · CC BY 4.0 Some World Bank indicators are published with a lag. The site always shows the latest actually available year for each country and indicator.
RU EN

Korea, Rep.
Military expenditure (% of GDP)

Military expenditure by country as percentage of gross domestic product

Global rank#34out of 147 countries
Go to rankingOpenglobal ranking and map

Historical trend

7.25.94.73.42.2196019922024Korea, Rep. · 2024: 2.56%Korea, Rep.

Analytical takeaways

  • Korea, Rep. records 2.56% for Military expenditure (% of GDP) in 2024, ranking #34 globally out of 147 countries.
  • Military expenditure (% of GDP) declined from 7.16% in 1960 to 2.56% in 2024, a decrease of 4.60%.
  • The country sits in the top quartile of the global distribution for this metric, making the page useful for leader-oriented high-intent searches.

Comparison

Use the comparison tool or canonical pair-vs-pair pages to compare this country on the same indicator.