Korea, Rep.—Military Spending (% of govt expenditure)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #25 of 151Updated April 2026
Latest Value
11.3%
2024
YoY Change
+0.8%
2023 → 2024
Global Rank
#25
of 151 countries
Maximum
14.4%
2000
Minimum
9.7%
2022
CAGR
-1.0%
25 years
Last
11.3%
Previous
11.2%
Highest
14.4%
Lowest
9.7%
Source
World Bank World Development Indicators
Korea, Rep.'s military spending (% of govt expenditure) was 11.3% in 2024, ranking #25 out of 151 countries. This represents a +0.8% change from 2023. Over the past 25 years, the highest recorded value was 14.4% (2000) and the lowest was 9.7% (2022). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 11.3% | +0.8% |
| 2023 | 11.2% | +16.2% |
| 2022 | 9.7% | -11.2% |
| 2021 | 10.9% | -2.7% |
| 2020 | 11.2% | -5.7% |
| 2019 | 11.8% | -3.3% |
| 2018 | 12.2% | -0.7% |
| 2017 | 12.3% | -2.3% |
| 2016 | 12.6% | -0.2% |
| 2015 | 12.6% | -1.3% |
| 2014 | 12.8% | +1.8% |
| 2013 | 12.6% | -1.1% |
| 2012 | 12.7% | -2.0% |
| 2011 | 13.0% | -1.9% |
| 2010 | 13.2% | +3.3% |
| 2009 | 12.8% | +2.3% |
| 2008 | 12.5% | +3.6% |
| 2007 | 12.1% | -1.7% |
| 2006 | 12.3% | -2.2% |
| 2005 | 12.6% | +7.3% |
| 2004 | 11.7% | -3.8% |
| 2003 | 12.2% | -10.9% |
| 2002 | 13.7% | +1.5% |
| 2001 | 13.5% | -6.6% |
| 2000 | 14.4% |
Top Countries — Military Spending (% of govt expenditure)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Ukraine | 54.0% | 2024 |
| 2 | Belarus | 50.7% | 2024 |
| 3 | Myanmar | 29.1% | 2024 |
| 4 | Qatar | 26.9% | 2022 |
| 5 | Saudi Arabia | 22.3% | 2024 |
| 6 | Somalia, Fed. Rep. | 21.6% | 2024 |
| 7 | Algeria | 21.4% | 2024 |
| 8 | Oman | 20.1% | 2024 |
| 9 | Singapore | 20.1% | 2024 |
| 10 | Israel | 20.0% | 2024 |