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Korea - Military Spending 2002

Military expenditure as % of GDP · World Bank
2.17% −0.11% from 2001 Global rank: 93rd

Korea's military spending was 2.17% in 2002, decreased +0.11% from 2.28% in 2001. This was the 93rd highest globally.

Global Ranking - 2002▾
Military Spending by Country - 2002
RankCountryValueYoY
1st Mauritius 0.20% 0.9%
2nd Trinidad and Tobago 0.21% 36.9%
3rd Gambia, The 0.24% 4.1%
4th Ghana 0.26% -1.6%
5th Malawi 0.30% -0.8%
6th Papua New Guinea 0.37% -32.1%
7th Mexico 0.39% -3.5%
8th Moldova 0.42% 4.3%
9th Uzbekistan 0.48% -28.4%
10th Lao PDR 0.58% -18.6%
11th Jamaica 0.59% 16.1%
12th Luxembourg 0.59% -13.1%
13th Benin 0.62% 74.0%
14th Ireland 0.63% -9.8%
15th Malta 0.64% -4.3%
16th Belize 0.65% -1.1%
17th Cabo Verde 0.67% -11.7%
18th Indonesia 0.70% 22.2%
19th Guatemala 0.76% -27.5%
20th Honduras 0.81% -1.6%
21st Nicaragua 0.87% 26.6%
22nd Austria 0.89% -2.5%
23rd Mozambique 0.90% 0.4%
24th Japan 0.94% 0.9%
25th Nigeria 0.95% 22.3%
26th Switzerland 0.96% -3.6%
27th Niger 0.96% -27.0%
28th Paraguay 0.97% -9.6%
29th Kazakhstan 1.00% -0.1%
30th Georgia 1.00% 35.2%
31st Bangladesh 1.05% -18.6%
32nd Tajikistan 1.05% 80.6%
33rd Dominican Republic 1.06% -12.7%
34th Central African Republic 1.09% -10.2%
35th Argentina 1.09% -7.8%
36th Senegal 1.10% -1.3%
37th Canada 1.12% -1.5%
38th Chad 1.12% 12.6%
39th El Salvador 1.13% 3.6%
40th Finland 1.15% 0.9%
41st Burkina Faso 1.18% 1.9%
42nd Belgium 1.22% -4.7%
43rd Nepal 1.27% 31.8%
44th Mali 1.27% -2.0%
45th Lithuania 1.27% -6.6%
46th Tanzania 1.30% -10.3%
47th Madagascar 1.31% -8.5%
48th Germany 1.31% 0.4%
49th Albania 1.32% 0.8%
50th Thailand 1.33% -7.1%
51st Cameroon 1.34% 3.7%
52nd Sierra Leone 1.36% -21.1%
53rd Eswatini 1.39% 11.0%
54th Belarus 1.40% -2.6%
55th New Zealand 1.40% -6.7%
56th Slovenia 1.41% 7.2%
57th Netherlands 1.42% -0.9%
58th Cambodia 1.45% -15.2%
59th Spain 1.46% -10.7%
60th Portugal 1.46% 1.4%
61st Philippines 1.47% 0.2%
62nd Myanmar 1.48% -23.9%
63rd Tunisia 1.49% -1.9%
64th Denmark 1.51% -1.6%
65th South Africa 1.53% 3.1%
66th Peru 1.54% -12.0%
67th Fiji 1.55% -15.1%
68th Guinea-Bissau 1.56% -4.2%
69th European Union 1.59% -1.1%
70th Latvia 1.59% 49.9%
71st Hungary 1.60% 1.6%
72nd Sweden 1.63% -7.8%
73rd Kenya 1.63% 8.5%
74th Uganda 1.63% -2.9%
75th Estonia 1.66% 10.3%
76th Seychelles 1.68% -5.7%
77th Italy 1.69% 1.6%
78th Slovak Republic 1.78% -3.6%
79th Gabon 1.78% -0.6%
80th Mongolia 1.80% 0.8%
81st Czechia 1.81% 4.2%
82nd Ecuador 1.87% 12.4%
83rd Australia 1.87% 0.3%
84th Poland 1.89% -0.1%
85th Brazil 1.90% -2.9%
86th Bolivia, Plurinational State of 1.99% -14.2%
87th France 2.06% 0.8%
88th China 2.06% 3.8%
89th Libya 2.07% -14.3%
90th Norway 2.08% 21.9%
91st Congo, Republic of 2.12% 18.5%
92nd Cyprus 2.13% -32.4%
93rd Korea 2.17% -4.9%
94th Iran, Islamic Republic of 2.17% -10.1%
95th Malaysia 2.22% 6.4%
96th Azerbaijan 2.24% -3.0%
97th Romania 2.29% -5.5%
98th Guyana 2.29% 13.6%
99th United Kingdom 2.49% 3.1%
100th Lesotho 2.52% -8.3%
101st Uruguay 2.53% 1.1%
102nd Chile 2.53% -4.4%
103rd Namibia 2.62% -13.0%
104th North Macedonia 2.65% -56.6%
105th Sudan 2.67% 8.2%
106th Ukraine 2.68% -3.4%
107th Armenia 2.70% -13.7%
108th Croatia 2.71% 0.1%
109th Kyrgyz Republic 2.73% 16.3%
110th Mauritania 2.74% -31.6%
111th Bulgaria 2.78% -2.9%
112th India 2.83% -3.3%
113th Angola 2.87% -36.6%
114th Rwanda 3.05% -10.2%
115th Greece 3.17% -5.7%
116th Egypt, Arab Republic of 3.28% 9.8%
117th Guinea 3.32% 7.2%
118th Sri Lanka 3.34% -22.0%
119th Algeria 3.41% -3.0%
120th Colombia 3.42% 2.8%
121st United States 3.45% 10.4%
122nd Morocco 3.49% -6.3%
123rd Russian Federation 3.76% 5.9%
124th Türkiye 3.77% 5.3%
125th Serbia 3.78% 4.2%
126th Brunei Darussalam 3.87% -0.4%
127th Bosnia and Herzegovina 3.90% -
128th Qatar 3.93% -69.8%
129th Pakistan 4.07% 5.0%
130th Botswana 4.11% 7.3%
131st Bahrain 4.61% 11.2%
132nd Lebanon 4.75% -12.7%
133rd United Arab Emirates 4.88% -13.1%
134th Singapore 4.89% 2.0%
135th Syrian Arab Republic 5.41% -1.2%
136th Burundi 5.44% -10.4%
137th Jordan 5.45% -7.6%
138th Zimbabwe 6.31% 147.3%
139th Israel 6.37% 1.1%
140th Yemen, Republic of 6.90% 25.8%
141st Kuwait 7.40% -3.9%
142nd Oman 8.10% -1.2%
143rd Saudi Arabia 9.76% -14.5%
144th Eritrea 20.67% -6.6%
Source: World Bank (MS.MIL.XPND.GD.ZS)

FAQ

What was Korea's military spending in 2002?▾

Korea's military spending in 2002 was 2.17%. This ranked 93rd globally.

How did Korea's military spending change in 2002?▾

Korea's military spending decreased by 4.9% in 2002 compared to 2001.

Which country had the highest military spending in 2002?▾

Eritrea had the highest military spending in 2002 at 20.67%.

What is the military spending of Korea in 2002?▾

The military spending of Korea in 2002 was 2.17%. This ranked 93rd globally.

How does 2002 compare to 2001 for Korea's military spending?▾

Korea's military spending went from 2.28% in 2001 to 2.17% in 2002, a 4.9% decrease.

HistorySaid - pattern alert

Korea matched the Export Boom Cycle pattern in 2002. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 5.2%. View full analysis →

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