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Military expenditure in current local currency in South Korea

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In South Korea, the military expenditure in current local currency stands at 59,870,500,000,000, reflecting an increase of 1,677,500,000,000 (2.9%) compared to 2021.

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Group by:
Value Equal sized Natural
Source:
World Bank
Data availability:
Regions:
215
Date range: 1960 to 2022
Points:
13,760
Measure:
Current Local Currency
Similar regions to South Korea Military expenditure local currency
Indonesia
133,407,000,000,000
7,520,000,000,000
(2022)
Colombia
42,302,296,000,000
4,188,596,000,000
(2022)
United Kingdom
55,529,449,811
6,456,449,811
(2022)
France
50,998,435,000
3,097,735,000
(2022)
Italy
31,841,208,000
1,188,818,000
(2022)
Spain
19,307,000,000
2,780,200,000
(2022)
More regions
More indicators for South Korea
Armed forces personnel percentage
2%
0.1%
(2020)
Arms imports
%408.0M
%390.0M
(2022)
More indicators
South Korea Military expenditure local currency between 1960 and 2022
Period Military expenditure local currency Change
2022 59,870,500,000,000 1,677,500,000,000
2021 58,193,000,000,000 3,788,200,000,000
2020 54,404,800,000,000 2,995,700,000,000
2019 51,409,100,000,000 4,014,200,000,000
2018 47,394,900,000,000 2,943,670,000,000
2017 44,451,230,000,000 1,635,400,000,000
2016 42,815,830,000,000 1,448,530,000,000
2015 41,367,300,000,000 1,826,200,000,000
2014 39,541,100,000,000 1,975,460,000,000
2013 37,565,640,000,000 1,572,940,000,000
2012 35,992,700,000,000 1,644,900,000,000
2011 34,347,800,000,000 1,775,600,000,000
2010 32,572,200,000,000 1,190,800,000,000
2009 31,381,400,000,000 2,648,300,000,000
2008 28,733,100,000,000 2,968,400,000,000
2007 25,764,700,000,000 1,725,700,000,000
2006 24,039,000,000,000 1,345,000,000,000
2005 22,694,000,000,000 2,273,100,000,000
2004 20,420,900,000,000 1,537,400,000,000
2003 18,883,500,000,000 1,241,000,000,000
2002 17,642,500,000,000 934,700,000,000
2001 16,707,800,000,000 1,099,300,000,000
2000 15,608,500,000,000 1,229,500,000,000
1999 14,379,000,000,000 277,200,000,000
1998 14,656,200,000,000 531,000,000,000
1997 14,125,200,000,000 925,200,000,000
1996 13,200,000,000,000 794,000,000,000
1995 12,406,000,000,000 1,544,000,000,000
1994 10,862,000,000,000 927,000,000,000
1993 9,935,000,000,000 868,000,000,000
1992 9,067,000,000,000 1,032,000,000,000
1991 8,035,000,000,000 879,000,000,000
1990 7,156,000,000,000 798,000,000,000
1989 6,358,000,000,000 702,000,000,000
1988 5,656,000,000,000 687,000,000,000
1987 4,969,000,000,000 275,000,000,000
1986 4,694,000,000,000 445,000,000,000
1985 4,249,000,000,000 413,000,000,000
1984 3,836,000,000,000 179,000,000,000
1983 3,657,000,000,000 260,000,000,000
1982 3,397,000,000,000 357,000,000,000
1981 3,040,000,000,000 622,000,000,000
1980 2,418,000,000,000 703,000,000,000
1979 1,715,000,000,000 171,000,000,000
1978 1,544,000,000,000 461,000,000,000
1977 1,083,000,000,000 256,000,000,000
1976 827,000,000,000 328,000,000,000
1975 499,000,000,000 154,000,000,000
1974 345,000,000,000 128,000,000,000
1973 217,000,000,000 8,000,000,000
1972 209,000,000,000 49,000,000,000
1971 160,000,000,000 40,000,000,000
1970 120,000,000,000 20,000,000,000
1969 100,000,000,000 22,900,000,000
1968 77,100,000,000 18,100,000,000
1967 59,000,000,000 11,000,000,000
1966 48,000,000,000 12,800,000,000
1965 35,200,000,000 5,800,000,000
1964 29,400,000,000 5,300,000,000
1963 24,100,000,000 100,000,000
1962 24,200,000,000 4,600,000,000
1961 19,600,000,000 2,200,000,000
1960 17,400,000,000
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