Home → Korea → Military Spending → 1960

Korea - Military Spending 1960

Name: Korea Military Spending 1960
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Military expenditure as % of GDP · World Bank

7.16% Global rank: 55th

Korea's military spending was 7.16% in 1960. This was the 55th highest globally.

Global Ranking - 1960▾

Military Spending by Country - 1960
Rank	Country	Value	YoY
1st	Kenya	0.33%	-
2nd	Mexico	0.67%	-
3rd	Burkina Faso	0.68%	-
4th	Nigeria	0.70%	-
5th	Sierra Leone	0.75%	-
6th	Benin	0.87%	-
7th	Luxembourg	0.91%	-
8th	South Africa	0.95%	-
9th	Japan	1.08%	-
10th	Guatemala	1.16%	-
11th	Honduras	1.17%	-
12th	Sri Lanka	1.18%	-
13th	Ireland	1.33%	-
14th	Austria	1.46%	-
15th	Argentina	1.55%	-
16th	Libya	1.59%	-
17th	Algeria	1.61%	-
18th	Ghana	1.71%	-
19th	Finland	1.77%	-
20th	Philippines	1.78%	-
21st	Colombia	1.88%	-
22nd	Sudan	1.92%	-
23rd	India	2.00%	-
24th	Tunisia	2.00%	-
25th	Spain	2.25%	-
26th	Iran, Islamic Republic of	2.29%	-
27th	Morocco	2.32%	-
28th	Switzerland	2.34%	-
29th	Australia	2.37%	-
30th	Ecuador	2.38%	-
31st	Thailand	2.47%	-
32nd	Peru	2.51%	-
33rd	Paraguay	2.53%	-
34th	Portugal	2.56%	-
35th	Malaysia	2.68%	-
36th	Brazil	2.68%	-
37th	New Zealand	2.69%	-
38th	Italy	2.71%	-
39th	Denmark	2.73%	-
40th	Chile	3.12%	-
41st	Norway	3.20%	-
42nd	Belgium	3.40%	-
43rd	Türkiye	3.53%	-
44th	Netherlands	3.70%	-
45th	European Union	3.75%	-
46th	Germany	3.75%	-
47th	Sweden	3.78%	-
48th	Canada	4.19%	-
49th	Pakistan	4.31%	-
50th	Greece	4.86%	-
51st	Dominican Republic	5.23%	-
52nd	France	5.43%	-
53rd	Iraq	7.05%	-
54th	United Kingdom	7.09%	-
55th	Korea	7.16%	-
56th	Israel	7.46%	-
57th	United States	8.99%	-
58th	Syrian Arab Republic	10.52%	-
59th	Jordan	20.40%	-

FAQ

What was Korea's military spending in 1960?▾

Korea's military spending in 1960 was 7.16%. This ranked 55th globally.

Which country had the highest military spending in 1960?▾

Jordan had the highest military spending in 1960 at 20.40%.

What is the military spending of Korea in 1960?▾

The military spending of Korea in 1960 was 7.16%. This ranked 55th globally.

1961 →