Iran (Islamic Republic of) vs Republic of Korea: Military expenditure

Iran (Islamic Republic of)
3,646.06 trillion current LCU
in 2024
Republic of Korea
64.88 trillion current LCU
in 2024
Iran (Islamic Republic of) rank
2nd
Republic of Korea rank
5th

Military expenditure over time

  • Iran (Islamic Republic of)
  • Republic of Korea
01,000.0T2,000.0T3,000.0T4,000.0T196019922024

How they compare

Iran (Islamic Republic of) currently reports 3,646.06 trillion current LCU against 64.88 trillion current LCU in Republic of Korea, a difference of 3,581.18 trillion current LCU.

That makes Iran (Islamic Republic of)'s figure about 56.2 times Republic of Korea's.

The two have swapped places 1 time across 65 shared years of data; in 1960 it was Republic of Korea ahead.

Iran (Islamic Republic of) ranks 2nd and Republic of Korea ranks 5th of 167 countries.

Across the 7 decades both report, Iran (Islamic Republic of) averaged higher in 3 and Republic of Korea in 4.

Head to head by decade

Decade Iran (Islamic Republic of) Republic of Korea Difference Ahead
1960s 18.10 billion current LCU 43.40 billion current LCU 25.30 billion current LCU Republic of Korea
1970s 277.06 billion current LCU 671.90 billion current LCU 394.83 billion current LCU Republic of Korea
1980s 906.09 billion current LCU 4.23 trillion current LCU 3.32 trillion current LCU Republic of Korea
1990s 4.84 trillion current LCU 11.38 trillion current LCU 6.54 trillion current LCU Republic of Korea
2000s 58.73 trillion current LCU 22.19 trillion current LCU 36.55 trillion current LCU Iran (Islamic Republic of)
2010s 316.10 trillion current LCU 40.75 trillion current LCU 275.35 trillion current LCU Iran (Islamic Republic of)
2020s 2,168.89 trillion current LCU 59.95 trillion current LCU 2,108.93 trillion current LCU Iran (Islamic Republic of)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Iran (Islamic Republic of) or Republic of Korea?
Iran (Islamic Republic of), at 3,646.06 trillion current LCU against 64.88 trillion current LCU in Republic of Korea as of 2024.
What is the difference in military expenditure between Iran (Islamic Republic of) and Republic of Korea?
3,581.18 trillion current LCU, with Iran (Islamic Republic of) ahead.
How many years of comparable data are there for Iran (Islamic Republic of) and Republic of Korea?
65 years are reported by both, from 1960 to 2024.
How do Iran (Islamic Republic of) and Republic of Korea rank globally for military expenditure?
Iran (Islamic Republic of) ranks 2nd and Republic of 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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Iran (Islamic Republic of) vs Republic of 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/iran-islamic-rep/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)