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Korea Military Spending

Military expenditure as % of GDP  MS.MIL.XPND.GD.ZS

Korea's military spending was 2.55% in 2025, ranked 34th globally. This represents a 0.6% decrease from 2024. Data from World Bank, covering 1960–2025.

2.55% −0.02% (-0.6%)
Year 2025 Rank #34 Global Peak 7.16% (1960) Source World Bank

Korea Military Spending (1960–2025)

Overview

Korea's military spending stood at 2.55% in 2025, a decline of +0.02% from 2024. Based on recent trends, this figure is projected to reach 2.55% by 2025. Korea ranked 34th globally.

South Korea’s military outlays have fallen sharply from an all‑time peak of 7.16 % of GDP in 1960 to a trough of 2.17 % in 2004, before modestly rising to 2.55 % in 2025, placing the country 34th globally. Over the 66‑year series, the decline reflects a transition from a post‑war security environment to a mature economy with diversified defence procurement and a strategic reliance on alliance structures. The 2025 figure is marginally above Denmark’s 2.53 % share and slightly below Tajikistan’s 2.58 %, underscoring South Korea’s position among nations with comparable fiscal commitments to defence despite its advanced technological capabilities. Persistent regional tensions and the development of high‑cost systems such as missile defence and naval platforms could lift the percentage again, while sustained economic growth and a stable security architecture are likely to keep the share near its current level.

Data & projection

Year Military Spending YoY change Rank
2027* trend 2.51% - -
2026* trend 2.53% - -
2025* trend 2.55% - -
2025 2.55% −0.02% #34
2024 2.56% −0.04% #114
2023 2.60% +0.02% #118
2022 2.58% −0.04% #124
2021 2.62% −0.02% #126
2020 2.64% +0.12% #123
2019 2.52% +0.16% #121
2018 2.36% +0.06% #123
2017 2.30% −0.04% #118
2016 2.34% −0.04% #119
2015 2.38% −0.04% #117
2014 2.41% +0.02% #123
2013 2.39% −0.00% #119
2012 2.39% +0.02% #117
2011 2.37% +0.01% #111
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +13.6% GDP growth 5.2% C/A balance 0.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Korea matched the Export Boom Cycle pattern in 2006. Historically, 71% of countries showing this pattern (546 out of 768) saw military spending improve within 24 months. View full analysis →

The headlines indicate a complex global geopolitical environment, with ongoing US-China relations impacting regional stability and potential US involvement in an Iran conflict or diplomatic efforts. While these developments create a backdrop of international uncertainty

Frequently Asked Questions

What is Korea's military spending?▾

Korea's military spending was 2.55% in 2025. Ranked 34th globally. This represents a 0.6% decrease from the previous year.

What was the highest military spending in Korea?▾

Korea's military spending peaked at 7.16% in 1960.

What was the lowest military spending in Korea?▾

The lowest military spending in Korea was 2.17% in 2004.

How does Korea rank in military spending?▾

Korea ranks 34th globally in military spending as of 2025.

What is the World Bank indicator code for military spending?▾

The World Bank indicator code is MS.MIL.XPND.GD.ZS. Data sourced from World Bank.

What is the projected military spending of Korea in 2025?▾

Korea's military spending is projected to reach 2.55% by 2025 based on trend extrapolation.

What is the military spending of Korea in 2025?▾

The military spending of Korea in 2025 was 2.55%. This ranks 34th in the world.

Cite this page

APA
Korea Military Spending. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/korea/military-spending/
BibTeX
@misc{historysaid_korea_military-spending, title = {Korea Military Spending}, url = {https://historysaid.com/korea/military-spending/}, publisher = {HistorySaid}, year = {2026} }

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