Republic of Korea vs Serbia: Military expenditure (current USD), per unit of GDP

Republic of Korea
0.0254 current USD per US$ of GDP
in 2024
Serbia
0.0258 current USD per US$ of GDP
in 2024
Republic of Korea rank
43rd
Serbia rank
41st

Military expenditure (current USD), per unit of GDP over time

  • Republic of Korea
  • Serbia
00.020.040.06196019922024

How they compare

Serbia currently reports 0.0258 current USD per US$ of GDP against 0.0254 current USD per US$ of GDP in Republic of Korea, a difference of 0.0004 current USD per US$ of GDP.

The two have swapped places 5 times across 29 shared years of data; in 1996 it was Republic of Korea ahead.

Republic of Korea ranks 43rd and Serbia ranks 41st of 166 countries.

Across the 4 decades both report, Republic of Korea averaged higher in 3 and Serbia in 1.

Head to head by decade

Decade Republic of Korea Serbia Difference Ahead
1990s 0.0252 current USD per US$ of GDP 0.0249 current USD per US$ of GDP 0.0004 current USD per US$ of GDP Republic of Korea
2000s 0.0228 current USD per US$ of GDP 0.0285 current USD per US$ of GDP 0.0057 current USD per US$ of GDP Serbia
2010s 0.0238 current USD per US$ of GDP 0.0191 current USD per US$ of GDP 0.0048 current USD per US$ of GDP Republic of Korea
2020s 0.0259 current USD per US$ of GDP 0.024 current USD per US$ of GDP 0.0019 current USD per US$ of GDP Republic of Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military expenditure (current usd), per unit of gdp, Republic of Korea or Serbia?
Serbia, at 0.0258 current USD per US$ of GDP against 0.0254 current USD per US$ of GDP in Republic of Korea as of 2024.
What is the difference in military expenditure (current usd), per unit of gdp between Republic of Korea and Serbia?
0.0004 current USD per US$ of GDP, with Serbia ahead.
How many years of comparable data are there for Republic of Korea and Serbia?
29 years are reported by both, from 1996 to 2024.
How do Republic of Korea and Serbia rank globally for military expenditure (current usd), per unit of gdp?
Republic of Korea ranks 43rd and Serbia ranks 41st of 166 countries.
Where does this data come from?
Statizoid (derived), published as Military expenditure (current USD), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Republic of Korea vs Serbia: Military expenditure (current USD), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 05 September 2026, from https://public-sector.statizoid.com/compare/military-expenditure-current-usd-per-unit-of-gdp/korea-rep/serbia/

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About this data

Indicator
Military expenditure (current USD), per unit of GDP
Unit
current USD per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,381 data points, 1960–2024
Last refreshed

Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.