South Korea vs Low & middle income: Military expenditure (current USD)
South Korea
47.57 billion current USD
in 2024
Low & middle income
687.69 billion current USD
in 2024
South Korea rank
11th
Low & middle income rank
9th
Military expenditure (current USD) over time
- South Korea
- Low & middle income
How they compare
Low & middle income currently reports 687.69 billion current USD against 47.57 billion current USD in South Korea, a difference of 640.12 billion current USD.
That makes Low & middle income's figure about 14.5 times South Korea's.
Across all 36 years both countries report, Low & middle income has been ahead every year.
South Korea ranks 11th and Low & middle income ranks 9th of 168 countries.
Low & middle income has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | South Korea | Low & middle income | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 9.47 billion current USD | 83.08 billion current USD | 73.61 billion current USD | Low & middle income |
| 1990s | 12.85 billion current USD | 94.10 billion current USD | 81.25 billion current USD | Low & middle income |
| 2000s | 20.02 billion current USD | 182.57 billion current USD | 162.55 billion current USD | Low & middle income |
| 2010s | 36.28 billion current USD | 429.71 billion current USD | 393.44 billion current USD | Low & middle income |
| 2020s | 47.75 billion current USD | 595.62 billion current USD | 547.87 billion current USD | Low & middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure, South Korea or Low & middle income?
- Low & middle income, at 687.69 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 Low & middle income?
- 640.12 billion current USD, with Low & middle income ahead.
- How many years of comparable data are there for South Korea and Low & middle income?
- 36 years are reported by both, from 1989 to 2024.
- How do South Korea and Low & middle income rank globally for military expenditure?
- South Korea ranks 11th and Low & middle income ranks 9th 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)