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Korea - Military Spending 2004

Name: Korea Military Spending 2004
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Military expenditure as % of GDP · World Bank

2.17% −0.01% from 2003 Global rank: 103rd

Korea's military spending was 2.17% in 2004, decreased +0.01% from 2.18% in 2003. This was the 103rd highest globally.

Global Ranking - 2004▾

Military Spending by Country - 2004
Rank	Country	Value	YoY
1st	Mauritius	0.17%	-11.2%
2nd	Gambia, The	0.19%	-15.3%
3rd	Ghana	0.28%	-8.6%
4th	Mexico	0.35%	-9.9%
5th	Moldova	0.36%	-13.3%
6th	Papua New Guinea	0.39%	12.5%
7th	Lao PDR	0.43%	-11.9%
8th	Malawi	0.45%	54.6%
9th	Guatemala	0.48%	-41.2%
10th	Nigeria	0.49%	-14.0%
11th	Liberia	0.50%	-98.3%
12th	Jamaica	0.54%	-7.8%
13th	Trinidad and Tobago	0.56%	91.4%
14th	Ireland	0.57%	-3.3%
15th	Luxembourg	0.61%	-0.1%
16th	Cabo Verde	0.63%	-2.7%
17th	Malta	0.66%	5.4%
18th	Benin	0.68%	4.5%
19th	Honduras	0.68%	-31.6%
20th	Dominican Republic	0.69%	-10.0%
21st	Belize	0.70%	3.6%
22nd	Nicaragua	0.73%	-15.1%
23rd	Chad	0.74%	-23.5%
24th	El Salvador	0.81%	-3.7%
25th	Paraguay	0.88%	6.3%
26th	Argentina	0.88%	-16.7%
27th	Switzerland	0.89%	-4.1%
28th	Austria	0.90%	-2.0%
29th	Japan	0.93%	-1.4%
30th	Indonesia	0.95%	4.0%
31st	Sierra Leone	0.97%	-23.7%
32nd	Mozambique	0.98%	7.7%
33rd	Kazakhstan	0.99%	-4.0%
34th	Tanzania	0.99%	-7.4%
35th	Bangladesh	1.00%	-0.4%
36th	Senegal	1.06%	-5.2%
37th	Niger	1.09%	17.1%
38th	Côte d'Ivoire	1.10%	8.9%
39th	Canada	1.10%	-0.7%
40th	Thailand	1.13%	-8.5%
41st	Tajikistan	1.13%	1.1%
42nd	Central African Republic	1.15%	-8.8%
43rd	Belgium	1.16%	-5.3%
44th	Cambodia	1.18%	-11.9%
45th	New Zealand	1.18%	-11.4%
46th	Lithuania	1.19%	6.3%
47th	Burkina Faso	1.21%	12.5%
48th	Madagascar	1.25%	-5.8%
49th	Germany	1.25%	-3.7%
50th	Congo, Democratic Republic of	1.34%	51.8%
51st	South Africa	1.36%	-7.7%
52nd	Belarus	1.36%	4.6%
53rd	Philippines	1.36%	-12.3%
54th	Georgia	1.37%	28.6%
55th	Albania	1.38%	3.3%
56th	Peru	1.38%	-8.4%
57th	Mongolia	1.38%	-8.4%
58th	Cameroon	1.40%	1.3%
59th	Togo	1.41%	3.0%
60th	Denmark	1.42%	-3.0%
61st	Netherlands	1.42%	-1.2%
62nd	Mali	1.42%	0.2%
63rd	Tunisia	1.43%	-3.9%
64th	Spain	1.43%	0.5%
65th	Sweden	1.43%	-9.7%
66th	Slovenia	1.44%	1.7%
67th	Brazil	1.46%	-2.8%
68th	Finland	1.47%	1.5%
69th	Hungary	1.47%	-10.4%
70th	Portugal	1.51%	5.1%
71st	European Union	1.56%	-1.6%
72nd	Nepal	1.57%	12.6%
73rd	Eswatini	1.58%	6.9%
74th	Zambia	1.58%	-4.1%
75th	Fiji	1.58%	6.6%
76th	Gabon	1.61%	-3.3%
77th	Kenya	1.61%	-2.2%
78th	Slovak Republic	1.66%	-10.5%
79th	Latvia	1.66%	-1.4%
80th	Italy	1.67%	-1.5%
81st	Iraq	1.68%	-84.5%
82nd	Estonia	1.69%	-2.8%
83rd	Czechia	1.70%	-9.5%
84th	Croatia	1.74%	-14.1%
85th	Uganda	1.77%	4.4%
86th	Australia	1.82%	-1.1%
87th	Norway	1.84%	-6.4%
88th	Poland	1.86%	-1.8%
89th	Bosnia and Herzegovina	1.89%	-21.8%
90th	Bolivia, Plurinational State of	1.90%	-11.6%
91st	Seychelles	1.90%	9.4%
92nd	Myanmar	1.92%	-7.3%
93rd	China	1.94%	-2.9%
94th	Cyprus	1.96%	-1.5%
95th	Rwanda	1.97%	-19.4%
96th	Romania	2.01%	-3.9%
97th	Viet Nam	2.01%	-5.4%
98th	Ecuador	2.02%	-15.5%
99th	Uruguay	2.04%	-8.8%
100th	Libya	2.07%	0.0%
101st	France	2.11%	0.4%
102nd	Lesotho	2.13%	-10.0%
103rd	Korea	2.17%	-0.4%
104th	Guinea	2.23%	-8.7%
105th	Malaysia	2.26%	-13.5%
106th	Bulgaria	2.37%	-11.8%
107th	North Macedonia	2.38%	1.6%
108th	Afghanistan	2.43%	20.9%
109th	Qatar	2.43%	-27.0%
110th	Congo, Republic of	2.44%	0.3%
111th	United Kingdom	2.50%	-2.1%
112th	Ukraine	2.51%	-8.7%
113th	Namibia	2.53%	-3.7%
114th	Brunei Darussalam	2.53%	-31.8%
115th	Azerbaijan	2.63%	8.4%
116th	Türkiye	2.67%	-18.2%
117th	Greece	2.67%	4.3%
118th	Zimbabwe	2.71%	33.0%
119th	Chile	2.71%	0.3%
120th	Armenia	2.74%	0.5%
121st	Serbia	2.75%	-11.1%
122nd	Guyana	2.81%	27.7%
123rd	India	2.83%	5.6%
124th	Iran, Islamic Republic of	2.83%	17.9%
125th	Kyrgyz Republic	2.85%	-0.6%
126th	Egypt, Arab Republic of	2.88%	-9.4%
127th	Sri Lanka	3.00%	4.5%
128th	Algeria	3.05%	1.5%
129th	Morocco	3.25%	-7.0%
130th	Russian Federation	3.30%	-10.1%
131st	Colombia	3.47%	0.0%
132nd	Angola	3.47%	-7.7%
133rd	Botswana	3.51%	-12.5%
134th	Mauritania	3.84%	-3.9%
135th	Pakistan	3.96%	-3.3%
136th	United States	4.02%	4.9%
137th	Bahrain	4.04%	-13.2%
138th	Singapore	4.38%	-9.4%
139th	Lebanon	4.51%	-3.5%
140th	United Arab Emirates	4.61%	-1.7%
141st	Sudan	4.66%	149.8%
142nd	Burundi	4.90%	-11.4%
143rd	Jordan	5.14%	-14.3%
144th	Yemen, Republic of	5.30%	-22.7%
145th	Syrian Arab Republic	5.54%	-11.3%
146th	Djibouti	5.61%	10.6%
147th	Kuwait	5.80%	-11.3%
148th	Israel	6.14%	-1.8%
149th	Oman	7.86%	-1.3%
150th	Saudi Arabia	8.08%	-7.0%

FAQ

What was Korea's military spending in 2004?▾

Korea's military spending in 2004 was 2.17%. This ranked 103rd globally.

How did Korea's military spending change in 2004?▾

Korea's military spending decreased by 0.4% in 2004 compared to 2003.

Which country had the highest military spending in 2004?▾

Saudi Arabia had the highest military spending in 2004 at 8.08%.

What is the military spending of Korea in 2004?▾

The military spending of Korea in 2004 was 2.17%. This ranked 103rd globally.

How does 2004 compare to 2003 for Korea's military spending?▾

Korea's military spending went from 2.18% in 2003 to 2.17% in 2004, a 0.4% decrease.

HistorySaid - pattern alert

Korea matched the Export Boom Cycle pattern in 2004. Historically: 768 occurrences, 546 successful (71%). Outcome 24 months later: 5.2%. View full analysis →

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