Korea vs Late-demographic dividend: Military expenditure
Korea
47.57 billion current USD
in 2024
Late-demographic dividend
604.82 billion current USD
in 2024
Korea rank
11th
Late-demographic dividend rank
11th
Military expenditure over time
- Korea
- Late-demographic dividend
How they compare
Late-demographic dividend currently reports 604.82 billion current USD against 47.57 billion current USD in Korea, a difference of 557.25 billion current USD.
That makes Late-demographic dividend's figure about 12.7 times Korea's.
Across all 36 years both countries report, Late-demographic dividend has been ahead every year.
Korea ranks 11th and Late-demographic dividend ranks 11th of 167 countries.
Late-demographic dividend has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Korea | Late-demographic dividend | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 9.47 billion current USD | 36.06 billion current USD | 26.59 billion current USD | Late-demographic dividend |
| 1990s | 12.85 billion current USD | 57.78 billion current USD | 44.93 billion current USD | Late-demographic dividend |
| 2000s | 20.02 billion current USD | 139.88 billion current USD | 119.86 billion current USD | Late-demographic dividend |
| 2010s | 36.28 billion current USD | 368.33 billion current USD | 332.05 billion current USD | Late-demographic dividend |
| 2020s | 47.75 billion current USD | 506.00 billion current USD | 458.25 billion current USD | Late-demographic dividend |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure, Korea or Late-demographic dividend?
- Late-demographic dividend, at 604.82 billion current USD against 47.57 billion current USD in Korea as of 2024.
- What is the difference in military expenditure between Korea and Late-demographic dividend?
- 557.25 billion current USD, with Late-demographic dividend ahead.
- How many years of comparable data are there for Korea and Late-demographic dividend?
- 36 years are reported by both, from 1989 to 2024.
- How do Korea and Late-demographic dividend rank globally for military expenditure?
- Korea ranks 11th and Late-demographic dividend ranks 11th of 167 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)