Ecuador vs South Korea: Military expenditure (current USD), annual growth rate

Ecuador
0.2229 % change on previous year
in 2024
South Korea
-0.4824 % change on previous year
in 2024
Ecuador rank
119th
South Korea rank
122nd

Military expenditure (current USD), annual growth rate over time

  • Ecuador
  • South Korea
-50-250255075196119922024

How they compare

Ecuador currently reports 0.2229 % change on previous year against -0.4824 % change on previous year in South Korea, a difference of 0.7053 % change on previous year.

The two have swapped places 32 times across 64 shared years of data; in 1961 it was Ecuador ahead.

Ecuador ranks 119th and South Korea ranks 122nd of 164 countries.

Across the 7 decades both report, Ecuador averaged higher in 4 and South Korea in 3.

Head to head by decade

Decade Ecuador South Korea Difference Ahead
1960s 7.64 % change on previous year 6.09 % change on previous year 1.55 % change on previous year Ecuador
1970s 20.33 % change on previous year 27.62 % change on previous year 7.29 % change on previous year South Korea
1980s 1.72 % change on previous year 10.65 % change on previous year 8.94 % change on previous year South Korea
1990s 8.2 % change on previous year 3.45 % change on previous year 4.75 % change on previous year Ecuador
2000s 22.4 % change on previous year 7.8 % change on previous year 14.6 % change on previous year Ecuador
2010s 2.12 % change on previous year 6.14 % change on previous year 4.02 % change on previous year South Korea
2020s 2.87 % change on previous year 1.73 % change on previous year 1.14 % change on previous year Ecuador

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), annual growth rate, Ecuador or South Korea?
Ecuador, at 0.2229 % change on previous year against -0.4824 % change on previous year in South Korea as of 2024.
What is the difference in military expenditure (current usd), annual growth rate between Ecuador and South Korea?
0.7053 % change on previous year, with Ecuador ahead.
How many years of comparable data are there for Ecuador and South Korea?
64 years are reported by both, from 1961 to 2024.
How do Ecuador and South Korea rank globally for military expenditure (current usd), annual growth rate?
Ecuador ranks 119th and South Korea ranks 122nd of 164 countries.
Where does this data come from?
Statizoid (derived), published as Military expenditure (current USD), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Ecuador vs South Korea: Military expenditure (current USD), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-annual-growth-rate/ecuador/korea-rep/

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About this data

Indicator
Military expenditure (current USD), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 10,048 data points, 1961–2024
Last refreshed

The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.