South Korea vs Late-demographic dividend: Military expenditure (current USD)
South Korea
47.57 billion current USD
in 2024
Late-demographic dividend
604.82 billion current USD
in 2024
South Korea rank
11th
Late-demographic dividend rank
11th
Military expenditure (current USD) over time
- South Korea
- Late-demographic dividend
How they compare
Late-demographic dividend currently reports 604.82 billion current USD against 47.57 billion current USD in South Korea, a difference of 557.25 billion current USD.
That makes Late-demographic dividend's figure about 12.7 times South Korea's.
Across all 36 years both countries report, Late-demographic dividend has been ahead every year.
South Korea ranks 11th and Late-demographic dividend ranks 11th of 168 countries.
Late-demographic dividend has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | South 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, South Korea or Late-demographic dividend?
- Late-demographic dividend, at 604.82 billion current USD against 47.57 billion current USD in South Korea as of 2024.
- What is the difference in military expenditure between South Korea and Late-demographic dividend?
- 557.25 billion current USD, with Late-demographic dividend ahead.
- How many years of comparable data are there for South Korea and Late-demographic dividend?
- 36 years are reported by both, from 1989 to 2024.
- How do South Korea and Late-demographic dividend rank globally for military expenditure?
- South Korea ranks 11th and Late-demographic dividend 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)