Italy vs Republic of Korea: Military expenditure (current USD), gaps filled

Italy
37.96 billion current USD
in 2024
Republic of Korea
47.57 billion current USD
in 2024
Italy rank
14th
Republic of Korea rank
11th

Military expenditure (current USD), gaps filled over time

  • Italy
  • Republic of Korea
020.0B40.0B60.0B196019922024

How they compare

Republic of Korea currently reports 47.57 billion current USD against 37.96 billion current USD in Italy, a difference of 9.61 billion current USD.

That makes Republic of Korea's figure about 1.3 times Italy's.

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

Italy ranks 14th and Republic of Korea ranks 11th of 167 countries.

Across the 7 decades both report, Italy averaged higher in 5 and Republic of Korea in 2.

Head to head by decade

Decade Italy Republic of Korea Difference Ahead
1960s 1.59 billion current USD 209.46 million current USD 1.38 billion current USD Italy
1970s 4.07 billion current USD 1.45 billion current USD 2.63 billion current USD Italy
1980s 11.10 billion current USD 5.60 billion current USD 5.50 billion current USD Italy
1990s 20.08 billion current USD 12.85 billion current USD 7.23 billion current USD Italy
2000s 28.03 billion current USD 20.02 billion current USD 8.01 billion current USD Italy
2010s 28.18 billion current USD 36.28 billion current USD 8.10 billion current USD Republic of Korea
2020s 35.75 billion current USD 47.75 billion current USD 12.00 billion current USD Republic of Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), gaps filled, Italy or Republic of Korea?
Republic of Korea, at 47.57 billion current USD against 37.96 billion current USD in Italy as of 2024.
What is the difference in military expenditure (current usd), gaps filled between Italy and Republic of Korea?
9.61 billion current USD, with Republic of Korea ahead.
How many years of comparable data are there for Italy and Republic of Korea?
65 years are reported by both, from 1960 to 2024.
How do Italy and Republic of Korea rank globally for military expenditure (current usd), gaps filled?
Italy ranks 14th and Republic of Korea ranks 11th of 167 countries.
Where does this data come from?
Statizoid (derived), published as Military expenditure (current USD), gaps filled. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Italy vs Republic of Korea: Military expenditure (current USD), gaps filled. Statizoid, drawing on Statizoid (derived). Retrieved 22 August 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-gaps-filled/italy/korea-rep/

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About this data

Indicator
Military expenditure (current USD), gaps filled
Unit
current USD
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,708 data points, 1960–2024
Last refreshed

Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.