Korea vs Middle income: Military expenditure
Korea
47.57 billion current USD
in 2024
Middle income
678.38 billion current USD
in 2024
Korea rank
11th
Middle income rank
10th
Military expenditure over time
- Korea
- Middle income
How they compare
Middle income currently reports 678.38 billion current USD against 47.57 billion current USD in Korea, a difference of 630.81 billion current USD.
That makes Middle income's figure about 14.3 times Korea's.
Across all 36 years both countries report, Middle income has been ahead every year.
Korea ranks 11th and Middle income ranks 10th of 167 countries.
Middle income has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Korea | Middle income | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 9.47 billion current USD | 80.19 billion current USD | 70.72 billion current USD | Middle income |
| 1990s | 12.85 billion current USD | 90.08 billion current USD | 77.23 billion current USD | Middle income |
| 2000s | 20.02 billion current USD | 176.96 billion current USD | 156.94 billion current USD | Middle income |
| 2010s | 36.28 billion current USD | 423.24 billion current USD | 386.96 billion current USD | Middle income |
| 2020s | 47.75 billion current USD | 588.39 billion current USD | 540.65 billion current USD | Middle income |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military expenditure, Korea or Middle income?
- Middle income, at 678.38 billion current USD against 47.57 billion current USD in Korea as of 2024.
- What is the difference in military expenditure between Korea and Middle income?
- 630.81 billion current USD, with Middle income ahead.
- How many years of comparable data are there for Korea and Middle income?
- 36 years are reported by both, from 1989 to 2024.
- How do Korea and Middle income rank globally for military expenditure?
- Korea ranks 11th and Middle income ranks 10th 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)