Arms imports (SIPRI trend indicator values), annual growth rate in Republic of Korea
Republic of Korea: Arms imports (SIPRI trend indicator values), annual growth rate was 362.84 % change on previous year in 2024. ◆ Volatile
Latest (2024)
362.84 % change on previous year
Change on year
up 848.7%
World rank
9th
of 148 countries
All-time high
362.84 % change on previous year
in 2024
All-time low
-83.91 % change on previous year
in 1970
Years of data
64
1961–2024
Arms imports (SIPRI trend indicator values), annual growth rate in Republic of Korea, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Republic of Korea recorded 362.84 % change on previous year for arms imports (sipri trend indicator values), annual growth rate in 2024. That is the highest value across all 64 years on record.
The figure is up 848.7% on the previous year and up 24.0% over ten years.
Over the whole period, arms imports (sipri trend indicator values), annual growth rate in Republic of Korea peaked at 362.84 % change on previous year in 2024 and was at its lowest, -83.91 % change on previous year, in 1970.
That places Republic of Korea 9th out of 148 countries with data for 2024, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Arms imports (SIPRI trend indicator values), annual growth rate in Republic of Korea, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -10 % change on previous year | — |
| 1962 | -26.67 % change on previous year | +166.7% |
| 1963 | 62.12 % change on previous year | -333.0% |
| 1964 | 31.78 % change on previous year | -48.8% |
| 1965 | 124.11 % change on previous year | +290.6% |
| 1966 | -9.65 % change on previous year | -107.8% |
| 1967 | -77.23 % change on previous year | +700.2% |
| 1968 | 170.77 % change on previous year | -321.1% |
| 1969 | 64.2 % change on previous year | -62.4% |
| 1970 | -83.91 % change on previous year | -230.7% |
| 1971 | 161.29 % change on previous year | -292.2% |
| 1972 | 67.08 % change on previous year | -58.4% |
| 1973 | -35.47 % change on previous year | -152.9% |
| 1974 | 71.76 % change on previous year | -302.3% |
| 1975 | 45.11 % change on previous year | -37.1% |
| 1976 | -15.01 % change on previous year | -133.3% |
| 1977 | 115.86 % change on previous year | -872.0% |
| 1978 | -66.69 % change on previous year | -157.6% |
| 1979 | 231.58 % change on previous year | -447.2% |
| 1980 | -33.71 % change on previous year | -114.6% |
| 1981 | -0.5701 % change on previous year | -98.3% |
| 1982 | -22.82 % change on previous year | +3902.8% |
| 1983 | -26.3 % change on previous year | +15.2% |
| 1984 | 5.65 % change on previous year | -121.5% |
| 1985 | 45.8 % change on previous year | +711.3% |
| 1986 | 13.74 % change on previous year | -70.0% |
| 1987 | -9.67 % change on previous year | -170.3% |
| 1988 | 59.11 % change on previous year | -711.5% |
| 1989 | 48.04 % change on previous year | -18.7% |
| 1990 | -34.34 % change on previous year | -171.5% |
| 1991 | -24.14 % change on previous year | -29.7% |
| 1992 | -13.68 % change on previous year | -43.3% |
| 1993 | 28.8 % change on previous year | -310.6% |
| 1994 | 0.4883 % change on previous year | -98.3% |
| 1995 | 90.96 % change on previous year | +18529.0% |
| 1996 | 1.02 % change on previous year | -98.9% |
| 1997 | -38.04 % change on previous year | -3837.0% |
| 1998 | 15.28 % change on previous year | -140.2% |
| 1999 | 15.37 % change on previous year | +0.6% |
| 2000 | -14.49 % change on previous year | -194.2% |
| 2001 | -44.67 % change on previous year | +208.4% |
| 2002 | -32.82 % change on previous year | -26.5% |
| 2003 | 45 % change on previous year | -237.1% |
| 2004 | 39.92 % change on previous year | -11.3% |
| 2005 | -23.89 % change on previous year | -159.8% |
| 2006 | 106.72 % change on previous year | -546.8% |
| 2007 | 4.22 % change on previous year | -96.0% |
| 2008 | -2.25 % change on previous year | -153.5% |
| 2009 | -52.81 % change on previous year | +2242.5% |
| 2010 | 62.78 % change on previous year | -218.9% |
| 2011 | 20.71 % change on previous year | -67.0% |
| 2012 | -31.31 % change on previous year | -251.2% |
| 2013 | -82.45 % change on previous year | +163.3% |
| 2014 | 292.59 % change on previous year | -454.9% |
| 2015 | -63.88 % change on previous year | -121.8% |
| 2016 | 287.31 % change on previous year | -549.8% |
| 2017 | -7.32 % change on previous year | -102.5% |
| 2018 | 7.07 % change on previous year | -196.5% |
| 2019 | 55.83 % change on previous year | +689.8% |
| 2020 | -20.69 % change on previous year | -137.1% |
| 2021 | -36.21 % change on previous year | +75.1% |
| 2022 | -47.91 % change on previous year | +32.3% |
| 2023 | -48.46 % change on previous year | +1.2% |
| 2024 | 362.84 % change on previous year | -848.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 36.6 % change on previous year | -77.23 % change on previous year | 170.77 % change on previous year | 9 |
| 1970s | 49.16 % change on previous year | -83.91 % change on previous year | 231.58 % change on previous year | 10 |
| 1980s | 7.93 % change on previous year | -33.71 % change on previous year | 59.11 % change on previous year | 10 |
| 1990s | 4.17 % change on previous year | -38.04 % change on previous year | 90.96 % change on previous year | 10 |
| 2000s | 2.49 % change on previous year | -52.81 % change on previous year | 106.72 % change on previous year | 10 |
| 2010s | 54.13 % change on previous year | -82.45 % change on previous year | 292.59 % change on previous year | 10 |
| 2020s | 41.92 % change on previous year | -48.46 % change on previous year | 362.84 % change on previous year | 5 |
Countries ranked near Republic of Korea
- 6 Colombia 533.33 % change on previous year compare
- 7 Guinea 500 % change on previous year compare
- 8 Nepal 428.57 % change on previous year compare
- 10 Kazakhstan 340 % change on previous year compare
- 11 Kyrgyzstan 278.57 % change on previous year compare
- 12 Ecuador 257.14 % change on previous year compare
More public sector data for Republic of Korea
- Arms imports 1.01 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 19.5 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.01 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 919.23 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0254 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate -0.4824 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 47.57 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 2,234 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 489,774 current USD per square kilometre (2023)
Frequently asked questions
- What is arms imports (sipri trend indicator values), annual growth rate in Republic of Korea?
- Arms imports (sipri trend indicator values), annual growth rate in Republic of Korea was 362.84 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest arms imports (sipri trend indicator values), annual growth rate recorded in Republic of Korea?
- The highest recorded value was 362.84 % change on previous year in 2024.
- What is the lowest arms imports (sipri trend indicator values), annual growth rate recorded in Republic of Korea?
- The lowest recorded value was -83.91 % change on previous year in 1970.
- How does Republic of Korea rank for arms imports (sipri trend indicator values), annual growth rate?
- Republic of Korea ranks 9th out of 148 countries with data for 2024.
- Is arms imports (sipri trend indicator values), annual growth rate rising or falling in Republic of Korea?
- Over the last ten years it is up 24.0%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Statizoid (derived), published as part of Arms imports (SIPRI trend indicator values), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Arms imports (SIPRI trend indicator values). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Arms imports Arms Transfers Programme, Stockholm International Peace Research Institute (SIPRI)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Arms imports (SIPRI trend indicator values). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.