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Korea - Military Spending 1995

Name: Korea Military Spending 1995
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Military expenditure as % of GDP · World Bank

2.89% −0.30% from 1994 Global rank: 103rd

Korea's military spending was 2.89% in 1995, decreased +0.30% from 3.19% in 1994. This was the 103rd highest globally.

Global Ranking - 1995▾

Military Spending by Country - 1995
Rank	Country	Value	YoY
1st	Haiti	0.08%	10.3%
2nd	Gambia, The	0.30%	19.2%
3rd	Malawi	0.32%	-44.4%
4th	Mauritius	0.33%	-0.1%
5th	Ghana	0.34%	-21.3%
6th	Mexico	0.41%	-13.6%
7th	Lithuania	0.45%	-8.5%
8th	Nigeria	0.48%	-38.1%
9th	Guinea-Bissau	0.50%	55.9%
10th	Jamaica	0.54%	-14.5%
11th	Dominican Republic	0.55%	-25.1%
12th	Rwanda	0.61%	-82.3%
13th	Luxembourg	0.62%	-16.9%
14th	Nepal	0.77%	-3.2%
15th	Papua New Guinea	0.78%	-23.5%
16th	Latvia	0.83%	-0.9%
17th	Malta	0.84%	-18.0%
18th	Madagascar	0.86%	-7.2%
19th	Uzbekistan	0.88%	-42.1%
20th	Chad	0.90%	-26.2%
21st	Japan	0.90%	-0.6%
22nd	Guyana	0.92%	-9.0%
23rd	Moldova	0.93%	19.7%
24th	Estonia	0.93%	-10.7%
25th	Niger	0.97%	-21.2%
26th	Belize	1.01%	-3.9%
27th	Ireland	1.02%	-8.4%
28th	Kazakhstan	1.03%	23.1%
29th	Austria	1.07%	-1.9%
30th	Guatemala	1.08%	-8.3%
31st	Mozambique	1.09%	-55.6%
32nd	Tajikistan	1.10%	63,780.2%
33rd	Nicaragua	1.10%	-7.3%
34th	Panama	1.12%	-6.4%
35th	Central African Republic	1.17%	-7.1%
36th	El Salvador	1.18%	-13.1%
37th	Indonesia	1.23%	-3.1%
38th	Sierra Leone	1.24%	-1.1%
39th	Cameroon	1.25%	-4.5%
40th	Cabo Verde	1.27%	50.8%
41st	Senegal	1.31%	-2.8%
42nd	Hungary	1.31%	-28.0%
43rd	Switzerland	1.36%	1.8%
44th	Burkina Faso	1.38%	-2.8%
45th	Finland	1.42%	-19.0%
46th	Zambia	1.45%	-15.6%
47th	Italy	1.46%	-14.8%
48th	Argentina	1.47%	1.1%
49th	Germany	1.49%	-3.2%
50th	Mali	1.50%	4.1%
51st	Belgium	1.54%	-7.9%
52nd	Canada	1.55%	-8.4%
53rd	Slovenia	1.57%	-5.3%
54th	Bangladesh	1.57%	2.5%
55th	Mongolia	1.62%	-2.0%
56th	Fiji	1.63%	-4.5%
57th	Tanzania	1.63%	25.7%
58th	Bulgaria	1.64%	-34.3%
59th	Kenya	1.65%	0.3%
60th	China	1.69%	-0.4%
61st	Denmark	1.69%	-3.2%
62nd	Eswatini	1.69%	-6.9%
63rd	Belarus	1.70%	-53.1%
64th	Portugal	1.71%	1.5%
65th	Sweden	1.74%	-17.3%
66th	Tunisia	1.74%	0.1%
67th	Czechia	1.76%	-23.0%
68th	Netherlands	1.77%	-7.5%
69th	European Union	1.79%	-7.6%
70th	New Zealand	1.84%	-0.6%
71st	Togo	1.86%	-28.1%
72nd	Brazil	1.86%	-7.6%
73rd	Poland	1.90%	-16.3%
74th	Spain	1.92%	-4.2%
75th	Namibia	1.95%	11.2%
76th	Ecuador	1.99%	51.1%
77th	Australia	2.02%	-4.5%
78th	Equatorial Guinea	2.05%	3.0%
79th	Albania	2.05%	-19.4%
80th	Sudan	2.07%	-46.8%
81st	Bolivia, Plurinational State of	2.10%	-6.8%
82nd	Uganda	2.10%	4.3%
83rd	South Africa	2.12%	-17.3%
84th	Iran, Islamic Republic of	2.15%	3.9%
85th	Mauritania	2.26%	0.9%
86th	Thailand	2.27%	-9.1%
87th	Seychelles	2.28%	-6.7%
88th	Paraguay	2.28%	11.6%
89th	Philippines	2.29%	5.6%
90th	Norway	2.31%	-13.8%
91st	Turkmenistan	2.32%	28.8%
92nd	France	2.52%	-6.5%
93rd	Chile	2.56%	-1.4%
94th	India	2.58%	-3.2%
95th	Romania	2.61%	-16.1%
96th	Peru	2.64%	6.5%
97th	Uruguay	2.71%	5.3%
98th	Ukraine	2.73%	13.1%
99th	Azerbaijan	2.74%	40.6%
100th	Malaysia	2.75%	-3.4%
101st	Colombia	2.83%	12.9%
102nd	United Kingdom	2.85%	-15.6%
103rd	Korea	2.89%	-9.4%
104th	Algeria	2.94%	-6.7%
105th	Cyprus	3.04%	-24.4%
106th	Egypt, Arab Republic of	3.08%	-2.3%
107th	Greece	3.10%	-13.5%
108th	Slovak Republic	3.10%	59.9%
109th	Zimbabwe	3.18%	2.1%
110th	Lesotho	3.24%	18.3%
111th	Kyrgyz Republic	3.46%	33.7%
112th	Botswana	3.51%	-12.5%
113th	Cambodia	3.58%	-6.9%
114th	Myanmar	3.68%	4.1%
115th	Russian Federation	3.78%	-16.3%
116th	United States	3.86%	-8.4%
117th	Türkiye	3.90%	-3.7%
118th	Armenia	4.06%	76.7%
119th	Singapore	4.18%	10.3%
120th	Burundi	4.21%	7.3%
121st	Morocco	4.35%	-3.3%
122nd	Jordan	4.45%	-31.9%
123rd	Angola	4.71%	-17.5%
124th	Bahrain	5.18%	1.4%
125th	Brunei Darussalam	5.48%	-8.4%
126th	Djibouti	5.79%	0.6%
127th	Pakistan	5.82%	-1.7%
128th	Lao PDR	5.83%	-22.4%
129th	Sri Lanka	5.86%	57.2%
130th	Yemen, Republic of	6.35%	-24.4%
131st	Lebanon	6.71%	-4.1%
132nd	Syrian Arab Republic	6.95%	-5.6%
133rd	Israel	7.53%	-25.6%
134th	Croatia	9.10%	-18.4%
135th	Saudi Arabia	9.28%	-12.8%
136th	Oman	10.97%	-6.8%
137th	Kuwait	13.58%	2.4%
138th	Eritrea	19.54%	53.7%

FAQ

What was Korea's military spending in 1995?▾

Korea's military spending in 1995 was 2.89%. This ranked 103rd globally.

How did Korea's military spending change in 1995?▾

Korea's military spending decreased by 9.4% in 1995 compared to 1994.

Which country had the highest military spending in 1995?▾

Eritrea had the highest military spending in 1995 at 19.54%.

What is the military spending of Korea in 1995?▾

The military spending of Korea in 1995 was 2.89%. This ranked 103rd globally.

How does 1995 compare to 1994 for Korea's military spending?▾

Korea's military spending went from 3.19% in 1994 to 2.89% in 1995, a 9.4% decrease.

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