Korea - Military Spending 1963
4.82%
−2.04% from 1962
Korea's military spending was 4.82% in 1963, decreased +2.04% from 6.87% in 1962. This was the 61st highest globally.
Global Ranking - 1963▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Mauritius | 0.14% | - |
| 2nd | Kenya | 0.21% | 167.1% |
| 3rd | Somalia, Fed. Rep. | 0.29% | 14.0% |
| 4th | Uganda | 0.37% | 226.0% |
| 5th | Burundi | 0.43% | -89.0% |
| 6th | Mexico | 0.72% | 4.2% |
| 7th | Sierra Leone | 0.76% | 6.8% |
| 8th | Togo | 0.84% | 53.6% |
| 9th | Sri Lanka | 0.90% | -17.1% |
| 10th | Japan | 0.90% | 2.3% |
| 11th | Honduras | 0.93% | -5.7% |
| 12th | Côte d'Ivoire | 1.00% | -21.7% |
| 13th | Luxembourg | 1.07% | -8.2% |
| 14th | Nigeria | 1.10% | 0.6% |
| 15th | Guatemala | 1.17% | 12.2% |
| 16th | Ireland | 1.24% | -3.7% |
| 17th | Bolivia, Plurinational State of | 1.33% | 14.5% |
| 18th | Madagascar | 1.46% | -5.0% |
| 19th | Tunisia | 1.51% | -12.8% |
| 20th | Austria | 1.58% | 16.8% |
| 21st | Argentina | 1.68% | -36.8% |
| 22nd | Benin | 1.74% | -0.8% |
| 23rd | Ecuador | 1.77% | -13.7% |
| 24th | Philippines | 1.86% | 2.6% |
| 25th | Finland | 1.93% | -23.3% |
| 26th | Spain | 1.97% | -13.1% |
| 27th | Ghana | 2.02% | 0.8% |
| 28th | South Africa | 2.06% | -8.4% |
| 29th | Sudan | 2.15% | 4.4% |
| 30th | New Zealand | 2.20% | -4.8% |
| 31st | Brazil | 2.26% | -5.7% |
| 32nd | Burkina Faso | 2.38% | 1.6% |
| 33rd | Paraguay | 2.40% | 4.4% |
| 34th | Libya | 2.41% | -22.4% |
| 35th | Malaysia | 2.42% | 10.7% |
| 36th | Australia | 2.45% | 3.5% |
| 37th | Algeria | 2.51% | 30.6% |
| 38th | Switzerland | 2.52% | -2.0% |
| 39th | Iran, Islamic Republic of | 2.59% | 12.3% |
| 40th | Thailand | 2.62% | -0.5% |
| 41st | Mali | 2.65% | -8.5% |
| 42nd | Italy | 2.75% | 4.5% |
| 43rd | Chile | 2.87% | -5.9% |
| 44th | Denmark | 3.04% | 0.8% |
| 45th | Morocco | 3.20% | 24.5% |
| 46th | Norway | 3.21% | -1.0% |
| 47th | Belgium | 3.22% | -2.1% |
| 48th | Peru | 3.32% | 36.8% |
| 49th | Türkiye | 3.39% | -8.7% |
| 50th | Colombia | 3.52% | 13.4% |
| 51st | Canada | 3.62% | -9.5% |
| 52nd | Pakistan | 3.65% | -0.2% |
| 53rd | Greece | 3.82% | -5.5% |
| 54th | Dominican Republic | 3.87% | -10.5% |
| 55th | European Union | 3.95% | 0.1% |
| 56th | Portugal | 3.96% | -6.4% |
| 57th | Sweden | 3.97% | 2.7% |
| 58th | Netherlands | 4.01% | -2.7% |
| 59th | India | 4.03% | 46.6% |
| 60th | France | 4.74% | -8.1% |
| 61st | Korea | 4.82% | -29.8% |
| 62nd | Germany | 4.88% | 9.0% |
| 63rd | Saudi Arabia | 5.90% | - |
| 64th | United Kingdom | 6.80% | -2.1% |
| 65th | Myanmar | 6.85% | 20.3% |
| 66th | Iraq | 8.25% | 19.4% |
| 67th | Egypt, Arab Republic of | 8.66% | 29.8% |
| 68th | United States | 8.83% | -5.4% |
| 69th | Israel | 9.75% | 6.5% |
| 70th | Jordan | 17.12% | -5.7% |
FAQ
What was Korea's military spending in 1963?▾
Korea's military spending in 1963 was 4.82%. This ranked 61st globally.
How did Korea's military spending change in 1963?▾
Korea's military spending decreased by 29.8% in 1963 compared to 1962.
Which country had the highest military spending in 1963?▾
Jordan had the highest military spending in 1963 at 17.12%.
What is the military spending of Korea in 1963?▾
The military spending of Korea in 1963 was 4.82%. This ranked 61st globally.
How does 1963 compare to 1962 for Korea's military spending?▾
Korea's military spending went from 6.87% in 1962 to 4.82% in 1963, a 29.8% decrease.
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