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Korea - Military Spending 1978

Name: Korea Military Spending 1978
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Military expenditure as % of GDP · World Bank

6.37% +0.34% from 1977 Global rank: 90th

Korea's military spending was 6.37% in 1978, increased +0.34% from 6.03% in 1977. This was the 90th highest globally.

Global Ranking - 1978▾

Military Spending by Country - 1978
Rank	Country	Value	YoY
1st	Congo, Democratic Republic of	0.00%	-6.3%
2nd	Djibouti	0.02%	-
3rd	Mauritius	0.17%	-0.1%
4th	Mexico	0.50%	-5.5%
5th	Trinidad and Tobago	0.51%	5.0%
6th	Belize	0.58%	-
7th	Sri Lanka	0.80%	17.3%
8th	Ghana	0.85%	-32.1%
9th	Nepal	0.86%	-3.8%
10th	Fiji	0.87%	72.0%
11th	Japan	0.89%	0.1%
12th	Niger	0.93%	-0.9%
13th	Luxembourg	0.93%	2.5%
14th	Somalia, Fed. Rep.	0.99%	115.9%
15th	Sierra Leone	1.00%	-8.1%
16th	Côte d'Ivoire	1.10%	38.2%
17th	El Salvador	1.12%	15.1%
18th	Guatemala	1.18%	-13.9%
19th	Benin	1.19%	-28.9%
20th	Liberia	1.24%	7.8%
21st	Papua New Guinea	1.27%	1.3%
22nd	Bangladesh	1.27%	-19.2%
23rd	Austria	1.43%	6.2%
24th	Finland	1.43%	1.7%
25th	Ireland	1.48%	-2.8%
26th	Lesotho	1.51%	4.7%
27th	Colombia	1.55%	7.8%
28th	Rwanda	1.59%	-26.2%
29th	Brazil	1.60%	-5.2%
30th	Cameroon	1.67%	-3.0%
31st	Canada	1.85%	2.4%
32nd	Italy	1.88%	-0.6%
33rd	Uganda	1.97%	-3.4%
34th	Switzerland	1.97%	-2.7%
35th	Sudan	2.04%	-22.0%
36th	Portugal	2.09%	1.1%
37th	Ecuador	2.14%	-30.4%
38th	Dominican Republic	2.18%	15.4%
39th	New Zealand	2.21%	4.4%
40th	Australia	2.22%	-1.4%
41st	Honduras	2.27%	19.2%
42nd	Denmark	2.27%	2.5%
43rd	Spain	2.36%	1.9%
44th	Algeria	2.38%	5.9%
45th	Madagascar	2.42%	4.9%
46th	Eswatini	2.43%	36.5%
47th	Tunisia	2.49%	4.5%
48th	Philippines	2.58%	-28.7%
49th	Bolivia, Plurinational State of	2.60%	15.6%
50th	Malawi	2.69%	59.4%
51st	Togo	2.71%	-11.7%
52nd	Netherlands	2.75%	-7.0%
53rd	European Union	2.79%	-0.5%
54th	Burundi	2.80%	10.4%
55th	Norway	2.84%	-8.3%
56th	Botswana	2.87%	111.9%
57th	Paraguay	2.96%	2.4%
58th	Germany	3.04%	0.4%
59th	India	3.13%	-1.2%
60th	Sweden	3.15%	1.5%
61st	France	3.15%	-2.5%
62nd	Indonesia	3.16%	-1.3%
63rd	Mali	3.21%	2.7%
64th	Nicaragua	3.22%	30.7%
65th	Hungary	3.24%	9.6%
66th	Belgium	3.26%	3.8%
67th	Burkina Faso	3.28%	7.9%
68th	Uruguay	3.62%	-3.3%
69th	Malaysia	3.71%	-23.6%
70th	Libya	3.80%	54.2%
71st	Guyana	3.89%	-35.9%
72nd	Myanmar	3.92%	-2.9%
73rd	Thailand	3.92%	12.7%
74th	Türkiye	4.19%	-11.2%
75th	Congo, Republic of	4.32%	-12.8%
76th	South Africa	4.56%	-13.3%
77th	Brunei Darussalam	4.60%	11.1%
78th	Argentina	4.72%	17.7%
79th	United Kingdom	4.73%	-3.9%
80th	Kuwait	4.76%	-10.1%
81st	United States	4.94%	-4.1%
82nd	Bahrain	4.96%	138.6%
83rd	Singapore	5.20%	-8.5%
84th	Kenya	5.20%	39.0%
85th	Nigeria	5.33%	-11.6%
86th	Pakistan	5.50%	-0.8%
87th	Greece	5.58%	-5.8%
88th	Morocco	5.84%	-11.8%
89th	Peru	6.20%	-24.5%
90th	Korea	6.37%	5.6%
91st	Chile	6.73%	-2.7%
92nd	Zimbabwe	7.99%	22.2%
93rd	Iraq	8.12%	-17.3%
94th	Lebanon	8.49%	79.4%
95th	Egypt, Arab Republic of	9.94%	-24.2%
96th	Tanzania	10.11%	84.6%
97th	Iran, Islamic Republic of	11.11%	9.1%
98th	Jordan	11.72%	-6.5%
99th	Syrian Arab Republic	14.71%	1.4%
100th	Saudi Arabia	16.74%	7.0%
101st	Oman	20.95%	11.5%
102nd	Israel	22.89%	-0.8%

FAQ

What was Korea's military spending in 1978?▾

Korea's military spending in 1978 was 6.37%. This ranked 90th globally.

How did Korea's military spending change in 1978?▾

Korea's military spending increased by 5.6% in 1978 compared to 1977.

Which country had the highest military spending in 1978?▾

Israel had the highest military spending in 1978 at 22.89%.

What is the military spending of Korea in 1978?▾

The military spending of Korea in 1978 was 6.37%. This ranked 90th globally.

How does 1978 compare to 1977 for Korea's military spending?▾

Korea's military spending went from 6.03% in 1977 to 6.37% in 1978, a 5.6% increase.

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