Colombia vs Korea: Military expenditure

Colombia
56.54 trillion current LCU
in 2024
Korea
64.88 trillion current LCU
in 2024
Colombia rank
7th
Korea rank
5th

Military expenditure over time

  • Colombia
  • Korea
020.0T40.0T60.0T196019922024

How they compare

Korea currently reports 64.88 trillion current LCU against 56.54 trillion current LCU in Colombia, a difference of 8.35 trillion current LCU.

That makes Korea's figure about 1.1 times Colombia's.

Across all 65 years both countries report, Korea has been ahead every year.

Colombia ranks 7th and Korea ranks 5th of 167 countries.

Korea has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Colombia Korea Difference Ahead
1960s 1.69 billion current LCU 43.40 billion current LCU 41.71 billion current LCU Korea
1970s 8.05 billion current LCU 671.90 billion current LCU 663.85 billion current LCU Korea
1980s 126.20 billion current LCU 4.23 trillion current LCU 4.10 trillion current LCU Korea
1990s 2.57 trillion current LCU 11.38 trillion current LCU 8.81 trillion current LCU Korea
2000s 11.77 trillion current LCU 22.19 trillion current LCU 10.42 trillion current LCU Korea
2010s 25.13 trillion current LCU 40.75 trillion current LCU 15.61 trillion current LCU Korea
2020s 43.54 trillion current LCU 59.95 trillion current LCU 16.41 trillion current LCU Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Colombia or Korea?
Korea, at 64.88 trillion current LCU against 56.54 trillion current LCU in Colombia as of 2024.
What is the difference in military expenditure between Colombia and Korea?
8.35 trillion current LCU, with Korea ahead.
How many years of comparable data are there for Colombia and Korea?
65 years are reported by both, from 1960 to 2024.
How do Colombia and Korea rank globally for military expenditure?
Colombia ranks 7th and Korea ranks 5th of 167 countries.
Where does this data come from?
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Colombia vs Korea: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 21 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-lcu/colombia/korea-rep/

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About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 8,248 data points, 1960–2024
Last refreshed

Military expenditure in local currency at current prices (by calendar year)