Korea, Democratic People's Republic of vs Serbia: Military expenditure

Korea, Democratic People's Republic of
216.60 billion current LCU
in 2018
Serbia
251.43 billion current LCU
in 2024
Korea, Democratic People's Republic of rank
53rd
Serbia rank
51st

Military expenditure over time

  • Korea, Democratic People's Republic of
  • Serbia
050.0B100.0B150.0B200.0B250.0B198620052024

How they compare

Serbia currently reports 251.43 billion current LCU against 216.60 billion current LCU in Korea, Democratic People's Republic of, a difference of 34.83 billion current LCU.

That makes Serbia's figure about 1.2 times Korea, Democratic People's Republic of's.

The two have swapped places 1 time across 22 shared years of data; in 1996 it was Serbia ahead.

Korea, Democratic People's Republic of ranks 53rd and Serbia ranks 51st of 168 countries.

Across the 3 decades both report, Korea, Democratic People's Republic of averaged higher in 2 and Serbia in 1.

Head to head by decade

Decade Korea, Democratic People's Republic of Serbia Difference Ahead
1990s 2.95 billion current LCU 6.33 billion current LCU 3.38 billion current LCU Serbia
2000s 46.24 billion current LCU 45.72 billion current LCU 523.50 million current LCU Korea, Democratic People's Republic of
2010s 119.46 billion current LCU 81.55 billion current LCU 37.91 billion current LCU Korea, Democratic People's Republic of

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure, Korea, Democratic People's Republic of or Serbia?
Serbia, at 251.43 billion current LCU against 216.60 billion current LCU in Korea, Democratic People's Republic of as of 2024.
What is the difference in military expenditure between Korea, Democratic People's Republic of and Serbia?
34.83 billion current LCU, with Serbia ahead.
How many years of comparable data are there for Korea, Democratic People's Republic of and Serbia?
22 years are reported by both, from 1996 to 2018.
How do Korea, Democratic People's Republic of and Serbia rank globally for military expenditure?
Korea, Democratic People's Republic of ranks 53rd and Serbia ranks 51st of 168 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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Korea, Democratic People's Republic of vs Serbia: Military expenditure. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 03 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-lcu/korea-dem-people-s-rep/serbia/

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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
168 places, 8,265 data points, 1960–2024
Last refreshed

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