Italy vs South Korea: Military expenditure (current USD)
Italy
37.96 billion current USD
in 2024
South Korea
47.57 billion current USD
in 2024
Italy rank
14th
South Korea rank
11th
Military expenditure (current USD) over time
- Italy
- South Korea
How they compare
South 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 South 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 South Korea ranks 11th of 168 countries.
Across the 7 decades both report, Italy averaged higher in 5 and South Korea in 2.
Head to head by decade
| Decade | Italy | South 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 | South Korea |
| 2020s | 35.75 billion current USD | 47.75 billion current USD | 12.00 billion current USD | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure, Italy or South Korea?
- South 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 between Italy and South Korea?
- 9.61 billion current USD, with South Korea ahead.
- How many years of comparable data are there for Italy and South Korea?
- 65 years are reported by both, from 1960 to 2024.
- How do Italy and South Korea rank globally for military expenditure?
- Italy ranks 14th and South Korea ranks 11th of 168 countries.
- Where does this data come from?
- SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as Military expenditure (current USD). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Military spending USD, in current prices (converted at the exchange rate for the given year)