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Korea - Military Spending 1999

Name: Korea Military Spending 1999
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Military expenditure as % of GDP · World Bank

2.49% −0.30% from 1998 Global rank: 94th

Korea's military spending was 2.49% in 1999, decreased +0.30% from 2.79% in 1998. This was the 94th highest globally.

Global Ranking - 1999▾

Military Spending by Country - 1999
Rank	Country	Value	YoY
1st	Mauritius	0.21%	2.6%
2nd	Gambia, The	0.33%	-15.3%
3rd	Malawi	0.33%	-1.9%
4th	Ghana	0.33%	-0.3%
5th	Mexico	0.42%	3.5%
6th	Benin	0.49%	-60.4%
7th	Jamaica	0.51%	-6.2%
8th	Moldova	0.51%	-18.2%
9th	Luxembourg	0.58%	-9.6%
10th	Guatemala	0.68%	-6.3%
11th	Malta	0.68%	-6.1%
12th	Papua New Guinea	0.69%	-21.4%
13th	Nicaragua	0.72%	-2.2%
14th	Ireland	0.75%	-8.9%
15th	Nepal	0.77%	2.2%
16th	Latvia	0.77%	27.7%
17th	Indonesia	0.81%	-20.4%
18th	Dominican Republic	0.82%	4.6%
19th	Kazakhstan	0.82%	-28.7%
20th	Cabo Verde	0.84%	-2.3%
21st	Nigeria	0.86%	56.0%
22nd	Chad	0.89%	47.9%
23rd	Mozambique	0.90%	1.3%
24th	El Salvador	0.92%	-0.3%
25th	Georgia	0.92%	-18.7%
26th	Japan	0.93%	0.7%
27th	Lithuania	0.97%	-21.1%
28th	Panama	0.97%	2.4%
29th	Austria	0.98%	-3.7%
30th	Lao PDR	1.06%	-59.2%
31st	Switzerland	1.09%	-8.4%
32nd	Sierra Leone	1.09%	69.8%
33rd	Fiji	1.13%	-10.1%
34th	Congo, Democratic Republic of	1.16%	170.3%
35th	Niger	1.17%	10.0%
36th	Kenya	1.19%	-2.7%
37th	Senegal	1.20%	1.9%
38th	Madagascar	1.21%	-10.3%
39th	Slovenia	1.22%	-11.0%
40th	Argentina	1.22%	7.4%
41st	Finland	1.22%	-16.4%
42nd	Burkina Faso	1.23%	-3.5%
43rd	Canada	1.24%	-1.2%
44th	Albania	1.25%	0.9%
45th	South Africa	1.27%	-8.0%
46th	Estonia	1.28%	21.2%
47th	Uzbekistan	1.31%	16.8%
48th	Belarus	1.37%	-8.6%
49th	Germany	1.38%	-0.1%
50th	Paraguay	1.39%	-10.0%
51st	Tajikistan	1.39%	-18.7%
52nd	Belgium	1.39%	-1.7%
53rd	Portugal	1.43%	0.2%
54th	Hungary	1.43%	12.8%
55th	Cameroon	1.44%	3.4%
56th	Tanzania	1.49%	-7.1%
57th	Mali	1.49%	6.2%
58th	Ecuador	1.56%	-22.9%
59th	Tunisia	1.56%	-7.3%
60th	Denmark	1.57%	-2.7%
61st	Netherlands	1.57%	0.7%
62nd	Slovak Republic	1.57%	-9.5%
63rd	Bangladesh	1.58%	1.1%
64th	Guinea	1.60%	27.1%
65th	Philippines	1.62%	-4.8%
66th	Thailand	1.62%	-12.5%
67th	Brazil	1.65%	-1.0%
68th	Zambia	1.65%	63.6%
69th	New Zealand	1.65%	-3.6%
70th	Italy	1.68%	2.4%
71st	Eswatini	1.68%	2.3%
72nd	European Union	1.69%	-1.3%
73rd	North Macedonia	1.71%	-18.3%
74th	Spain	1.76%	-0.1%
75th	Seychelles	1.78%	2.9%
76th	Mongolia	1.84%	-3.8%
77th	Czechia	1.84%	5.9%
78th	Sweden	1.85%	-0.4%
79th	China	1.87%	13.1%
80th	Australia	1.89%	1.0%
81st	Poland	1.89%	-5.1%
82nd	Peru	1.93%	-4.3%
83rd	Norway	2.04%	-5.5%
84th	Malaysia	2.10%	30.9%
85th	Bolivia, Plurinational State of	2.13%	-20.7%
86th	Myanmar	2.14%	-15.8%
87th	France	2.20%	-2.2%
88th	Zimbabwe	2.24%	-25.4%
89th	Mauritania	2.27%	22.1%
90th	Uruguay	2.39%	6.0%
91st	Iran, Islamic Republic of	2.40%	-8.5%
92nd	Morocco	2.42%	-30.0%
93rd	United Kingdom	2.42%	-2.9%
94th	Korea	2.49%	-10.8%
95th	Cambodia	2.51%	-5.7%
96th	Egypt, Arab Republic of	2.57%	-3.4%
97th	Bulgaria	2.62%	22.9%
98th	Azerbaijan	2.63%	8.8%
99th	Romania	2.64%	-12.1%
100th	Uganda	2.66%	8.7%
101st	Kyrgyz Republic	2.69%	0.7%
102nd	Chile	2.70%	4.9%
103rd	Cyprus	2.73%	-41.5%
104th	Ukraine	2.88%	-11.1%
105th	Turkmenistan	2.90%	-6.8%
106th	India	2.96%	8.4%
107th	Russian Federation	3.07%	12.5%
108th	United States	3.09%	-3.6%
109th	Botswana	3.09%	-18.2%
110th	Namibia	3.12%	34.6%
111th	Greece	3.49%	1.1%
112th	Serbia	3.53%	15.5%
113th	Lesotho	3.56%	24.9%
114th	Armenia	3.70%	4.8%
115th	Algeria	3.76%	-5.3%
116th	Colombia	3.76%	9.4%
117th	Libya	3.78%	-28.6%
118th	Türkiye	3.88%	22.0%
119th	Sudan	4.01%	68.5%
120th	Sri Lanka	4.03%	-13.2%
121st	Croatia	4.38%	-21.0%
122nd	Rwanda	4.45%	1.6%
123rd	Lebanon	4.77%	18.6%
124th	Yemen, Republic of	5.17%	-14.9%
125th	Pakistan	5.19%	-4.2%
126th	Singapore	5.21%	0.0%
127th	Djibouti	5.48%	-3.1%
128th	Bahrain	5.50%	3.2%
129th	Syrian Arab Republic	5.81%	0.0%
130th	Brunei Darussalam	6.13%	-18.6%
131st	Burundi	6.26%	-4.8%
132nd	Jordan	6.28%	0.1%
133rd	Israel	6.30%	-6.1%
134th	Oman	7.52%	-8.5%
135th	Kuwait	7.59%	-13.7%
136th	United Arab Emirates	7.67%	-11.1%
137th	Saudi Arabia	11.38%	-20.5%
138th	Angola	17.33%	556.1%
139th	Eritrea	34.38%	5.8%

FAQ

What was Korea's military spending in 1999?▾

Korea's military spending in 1999 was 2.49%. This ranked 94th globally.

How did Korea's military spending change in 1999?▾

Korea's military spending decreased by 10.8% in 1999 compared to 1998.

Which country had the highest military spending in 1999?▾

Eritrea had the highest military spending in 1999 at 34.38%.

What is the military spending of Korea in 1999?▾

The military spending of Korea in 1999 was 2.49%. This ranked 94th globally.

How does 1999 compare to 1998 for Korea's military spending?▾

Korea's military spending went from 2.79% in 1998 to 2.49% in 1999, a 10.8% decrease.

HistorySaid - pattern alert

Korea matched the Export Boom Cycle pattern in 1999. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 4.7%. View full analysis →

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