Korea - Military Spending 1988
4.28%
−0.19% from 1987
Korea's military spending was 4.28% in 1988, decreased +0.19% from 4.47% in 1987. This was the 90th highest globally.
Global Ranking - 1988▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Haiti | 0.09% | - |
| 2nd | Mauritius | 0.22% | 13.2% |
| 3rd | Sierra Leone | 0.30% | 19.9% |
| 4th | Ghana | 0.44% | -50.9% |
| 5th | Mexico | 0.54% | -7.6% |
| 6th | Malawi | 0.62% | -18.9% |
| 7th | Jamaica | 0.81% | 4.9% |
| 8th | Gambia, The | 0.81% | 28.4% |
| 9th | Dominican Republic | 0.88% | -13.6% |
| 10th | Nepal | 0.88% | -23.8% |
| 11th | Nigeria | 0.88% | 14.9% |
| 12th | Japan | 0.95% | -1.6% |
| 13th | Luxembourg | 0.95% | 3.9% |
| 14th | Lebanon | 1.19% | 5.8% |
| 15th | Ireland | 1.20% | -6.5% |
| 16th | Malta | 1.22% | -16.2% |
| 17th | Bangladesh | 1.25% | 6.7% |
| 18th | Côte d'Ivoire | 1.25% | 2.6% |
| 19th | Eswatini | 1.26% | -11.8% |
| 20th | Papua New Guinea | 1.27% | -21.4% |
| 21st | Cambodia | 1.28% | -18.8% |
| 22nd | Cameroon | 1.28% | 2.8% |
| 23rd | Austria | 1.30% | -8.3% |
| 24th | Madagascar | 1.35% | -5.7% |
| 25th | Indonesia | 1.53% | -11.1% |
| 26th | Benin | 1.56% | -0.4% |
| 27th | Switzerland | 1.56% | 0.2% |
| 28th | Rwanda | 1.59% | -4.8% |
| 29th | Finland | 1.61% | -2.3% |
| 30th | Ecuador | 1.62% | -17.8% |
| 31st | Algeria | 1.75% | -5.7% |
| 32nd | Guatemala | 1.87% | 6.8% |
| 33rd | Portugal | 1.89% | 1.4% |
| 34th | Cabo Verde | 1.91% | -9.0% |
| 35th | Canada | 1.99% | -3.7% |
| 36th | Bolivia, Plurinational State of | 2.02% | -15.0% |
| 37th | Fiji | 2.05% | 4.2% |
| 38th | Italy | 2.07% | 0.6% |
| 39th | Denmark | 2.09% | 2.7% |
| 40th | Tunisia | 2.10% | 15.4% |
| 41st | Panama | 2.11% | 14.7% |
| 42nd | Senegal | 2.11% | 6.6% |
| 43rd | New Zealand | 2.12% | -12.1% |
| 44th | Brazil | 2.12% | 21.4% |
| 45th | Argentina | 2.12% | -7.0% |
| 46th | Myanmar | 2.14% | 8.5% |
| 47th | Australia | 2.16% | -8.9% |
| 48th | Peru | 2.19% | -35.9% |
| 49th | Colombia | 2.20% | 10.9% |
| 50th | Mali | 2.21% | 4.6% |
| 51st | Burkina Faso | 2.31% | 2.6% |
| 52nd | Sri Lanka | 2.37% | -30.1% |
| 53rd | Zambia | 2.39% | -25.8% |
| 54th | Liberia | 2.41% | 5.3% |
| 55th | Malaysia | 2.43% | -41.5% |
| 56th | Sweden | 2.45% | -1.5% |
| 57th | Tanzania | 2.45% | -22.3% |
| 58th | Philippines | 2.46% | 25.1% |
| 59th | Uganda | 2.46% | -4.9% |
| 60th | Spain | 2.49% | -4.8% |
| 61st | European Union | 2.54% | -3.3% |
| 62nd | Poland | 2.59% | -6.2% |
| 63rd | Netherlands | 2.61% | -3.8% |
| 64th | Germany | 2.63% | -4.7% |
| 65th | Belgium | 2.63% | -9.4% |
| 66th | Guyana | 2.66% | -13.7% |
| 67th | Norway | 2.84% | -4.6% |
| 68th | Honduras | 2.85% | -3.3% |
| 69th | Türkiye | 2.93% | -11.9% |
| 70th | Thailand | 2.93% | -12.7% |
| 71st | Kenya | 2.95% | -6.0% |
| 72nd | France | 3.00% | -3.8% |
| 73rd | Mozambique | 3.01% | -14.1% |
| 74th | Togo | 3.12% | -10.8% |
| 75th | Burundi | 3.15% | 18.7% |
| 76th | Uruguay | 3.16% | 3.9% |
| 77th | Paraguay | 3.20% | 15.2% |
| 78th | Lesotho | 3.37% | -19.4% |
| 79th | Sudan | 3.55% | 39.1% |
| 80th | Chad | 3.56% | 94.4% |
| 81st | Hungary | 3.60% | 14.0% |
| 82nd | India | 3.73% | -11.9% |
| 83rd | Morocco | 4.13% | -5.5% |
| 84th | Chile | 4.14% | -26.6% |
| 85th | Greece | 4.20% | -1.3% |
| 86th | Romania | 4.21% | 7.4% |
| 87th | United Kingdom | 4.21% | -10.1% |
| 88th | El Salvador | 4.27% | -4.4% |
| 89th | Seychelles | 4.28% | -5.8% |
| 90th | Korea | 4.28% | -4.2% |
| 91st | Mauritania | 4.49% | -3.9% |
| 92nd | Singapore | 4.55% | -6.6% |
| 93rd | South Africa | 4.62% | 10.3% |
| 94th | Botswana | 4.90% | 2.2% |
| 95th | Egypt, Arab Republic of | 5.06% | -22.5% |
| 96th | Zimbabwe | 5.21% | -10.6% |
| 97th | Bahrain | 5.60% | 6.7% |
| 98th | Albania | 5.62% | -4.2% |
| 99th | Cyprus | 5.70% | 5.7% |
| 100th | United States | 6.07% | -5.4% |
| 101st | Iran, Islamic Republic of | 6.27% | 6.5% |
| 102nd | Mongolia | 6.34% | 8.7% |
| 103rd | Brunei Darussalam | 6.63% | 74.8% |
| 104th | Pakistan | 6.79% | -2.7% |
| 105th | Viet Nam | 7.10% | 79.6% |
| 106th | Syrian Arab Republic | 7.85% | -30.0% |
| 107th | Kuwait | 8.24% | 37.8% |
| 108th | Jordan | 9.36% | -2.2% |
| 109th | Oman | 13.70% | 3.8% |
| 110th | Saudi Arabia | 15.15% | -10.3% |
| 111th | Israel | 15.95% | -5.6% |
| 112th | Qatar | 16.27% | 2.4% |
| 113th | Somalia, Fed. Rep. | 17.44% | 2.8% |
| 114th | Angola | 21.98% | -1.2% |
FAQ
What was Korea's military spending in 1988?▾
Korea's military spending in 1988 was 4.28%. This ranked 90th globally.
How did Korea's military spending change in 1988?▾
Korea's military spending decreased by 4.2% in 1988 compared to 1987.
Which country had the highest military spending in 1988?▾
Angola had the highest military spending in 1988 at 21.98%.
What is the military spending of Korea in 1988?▾
The military spending of Korea in 1988 was 4.28%. This ranked 90th globally.
How does 1988 compare to 1987 for Korea's military spending?▾
Korea's military spending went from 4.47% in 1987 to 4.28% in 1988, a 4.2% decrease.
HistorySaid - pattern alert
Korea matched the Export Boom Cycle pattern in 1988. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 10.0%. View full analysis →
Related
1987
1989
All years
Full ranking 1988
Tax Revenue
Government Spending
Health Spending
Government Debt to GDP
Budget Deficit
Peak: 1960
Lowest: 2004
Military Spending 1990s
Military Spending 2000s
Military Spending 2010s
Military Spending 2020s
Highest ever
Lowest ever
Average
vs Saudi Arabia
vs Czechia
vs Slovenia
vs Japan
G20 Military Spending
OECD Military Spending
Global Ranking