Military expenditure (current USD), per capita in Korea
Korea: Military expenditure (current USD), per capita was 919.23 current USD per person in 2024. ◆ Volatile
Military expenditure (current USD), per capita in Korea, 1960–2024
Source: Statizoid (derived). Measured in current USD per person.
Analysis
The most recent figure for military expenditure (current usd), per capita in Korea is 919.23 current USD per person, measured in 2024.
Compared with earlier readings it is down 0.6% on the previous year and up 24.2% over ten years.
Over the whole period, military expenditure (current usd), per capita in Korea peaked at 982.7 current USD per person in 2021 and was at its lowest, 4.6 current USD per person, in 1965.
Korea ranks 24th of 167 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.37 current USD per person | 4.6 current USD per person | 11.02 current USD per person | 10 |
| 1970s | 40.15 current USD per person | 11.98 current USD per person | 94.4 current USD per person | 10 |
| 1980s | 137.48 current USD per person | 104.42 current USD per person | 223.07 current USD per person | 10 |
| 1990s | 286.3 current USD per person | 225.94 current USD per person | 360.44 current USD per person | 10 |
| 2000s | 414.36 current USD per person | 273.21 current USD per person | 569.52 current USD per person | 10 |
| 2010s | 713.26 current USD per person | 568.58 current USD per person | 851.97 current USD per person | 10 |
| 2020s | 922.65 current USD per person | 889.67 current USD per person | 982.7 current USD per person | 5 |
Countries ranked near Korea
More public sector data for 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), annual growth rate 362.84 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.01 billion SIPRI trend indicator values (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 military expenditure (current usd), per capita in Korea?
- Military expenditure (current usd), per capita in Korea was 919.23 current USD per person in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), per capita recorded in Korea?
- The highest recorded value was 982.7 current USD per person in 2021.
- What is the lowest military expenditure (current usd), per capita recorded in Korea?
- The lowest recorded value was 4.6 current USD per person in 1965.
- How does Korea rank for military expenditure (current usd), per capita?
- Korea ranks 24th out of 167 countries with data for 2024.
- Is military expenditure (current usd), per capita rising or falling in Korea?
- Over the last ten years it is up 24.2%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Military expenditure (current USD) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Military expenditure (current USD) ÷ Population, total
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
- Population, total World Population Prospects, United Nations (UN)
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
Military expenditure (current USD) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.