Korea - Military Spending 2021
2.62%
−0.02% from 2020
Korea's military spending was 2.62% in 2021, decreased +0.02% from 2.64% in 2020. This was the 126th highest globally.
Global Ranking - 2021▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Haiti | 0.15% | 49.3% |
| 2nd | Mauritius | 0.17% | 6.0% |
| 3rd | Ireland | 0.24% | -9.2% |
| 4th | Papua New Guinea | 0.33% | -16.2% |
| 5th | Moldova | 0.37% | -3.9% |
| 6th | Ghana | 0.38% | 9.1% |
| 7th | Guatemala | 0.39% | -11.4% |
| 8th | Malta | 0.45% | -15.5% |
| 9th | Luxembourg | 0.47% | -18.5% |
| 10th | Congo, Democratic Republic of | 0.53% | -26.9% |
| 11th | Cabo Verde | 0.55% | -11.7% |
| 12th | Nicaragua | 0.55% | -12.7% |
| 13th | Benin | 0.55% | 20.1% |
| 14th | Sierra Leone | 0.60% | 23.5% |
| 15th | Mongolia | 0.62% | -12.7% |
| 16th | Argentina | 0.63% | -13.9% |
| 17th | Dominican Republic | 0.65% | -13.3% |
| 18th | Mexico | 0.66% | -8.1% |
| 19th | Switzerland | 0.67% | -12.9% |
| 20th | Madagascar | 0.68% | 0.8% |
| 21st | Malawi | 0.73% | -12.5% |
| 22nd | Indonesia | 0.74% | -16.3% |
| 23rd | Gambia, The | 0.78% | -5.1% |
| 24th | South Africa | 0.81% | -15.7% |
| 25th | Kazakhstan | 0.82% | -9.7% |
| 26th | Kosovo | 0.85% | -17.3% |
| 27th | Liberia | 0.85% | 99.4% |
| 28th | Trinidad and Tobago | 0.86% | 5.7% |
| 29th | Austria | 0.87% | -1.4% |
| 30th | Côte d'Ivoire | 0.88% | -9.0% |
| 31st | Bosnia and Herzegovina | 0.89% | 7.1% |
| 32nd | Paraguay | 0.92% | -10.6% |
| 33rd | Sudan | 0.93% | -5.2% |
| 34th | Guyana | 0.95% | -31.9% |
| 35th | Zambia | 0.98% | -15.7% |
| 36th | Malaysia | 0.98% | -1.7% |
| 37th | Cameroon | 0.99% | 2.2% |
| 38th | Tajikistan | 1.00% | 5.8% |
| 39th | Nigeria | 1.01% | 60.2% |
| 40th | Belgium | 1.04% | 3.6% |
| 41st | Japan | 1.06% | 4.6% |
| 42nd | Kenya | 1.08% | -2.8% |
| 43rd | Timor-Leste | 1.08% | -39.1% |
| 44th | Belize | 1.10% | -13.3% |
| 45th | Egypt, Arab Republic of | 1.12% | 0.0% |
| 46th | Tanzania | 1.12% | 4.2% |
| 47th | Brazil | 1.15% | -13.4% |
| 48th | Peru | 1.16% | -11.6% |
| 49th | New Zealand | 1.16% | -13.1% |
| 50th | Bangladesh | 1.17% | -6.1% |
| 51st | Somalia, Fed. Rep. | 1.17% | 2.9% |
| 52nd | Sweden | 1.19% | 3.5% |
| 53rd | El Salvador | 1.21% | -12.3% |
| 54th | Nepal | 1.22% | -8.1% |
| 55th | Slovenia | 1.24% | 16.4% |
| 56th | Albania | 1.24% | -4.1% |
| 57th | Canada | 1.25% | -10.0% |
| 58th | Denmark | 1.29% | -6.0% |
| 59th | Germany | 1.30% | -4.1% |
| 60th | Finland | 1.30% | -9.3% |
| 61st | Hungary | 1.32% | -24.7% |
| 62nd | Bolivia, Plurinational State of | 1.33% | -4.8% |
| 63rd | Spain | 1.34% | -1.2% |
| 64th | Equatorial Guinea | 1.35% | -18.0% |
| 65th | Czechia | 1.35% | 4.5% |
| 66th | Niger | 1.36% | -21.7% |
| 67th | Belarus | 1.37% | -2.7% |
| 68th | Netherlands | 1.37% | -2.9% |
| 69th | Angola | 1.39% | -23.0% |
| 70th | Philippines | 1.41% | 8.4% |
| 71st | Thailand | 1.42% | -2.9% |
| 72nd | North Macedonia | 1.45% | 17.2% |
| 73rd | Guinea-Bissau | 1.46% | -3.8% |
| 74th | Jamaica | 1.47% | -14.0% |
| 75th | Honduras | 1.50% | 2.1% |
| 76th | European Union | 1.50% | -2.4% |
| 77th | Bulgaria | 1.51% | -4.7% |
| 78th | South Sudan | 1.51% | -19.0% |
| 79th | Rwanda | 1.51% | 2.6% |
| 80th | Portugal | 1.52% | 6.3% |
| 81st | Lesotho | 1.54% | -18.4% |
| 82nd | Guinea | 1.55% | 5.2% |
| 83rd | Montenegro | 1.56% | -10.5% |
| 84th | Zimbabwe | 1.57% | 60.8% |
| 85th | Georgia | 1.59% | -10.9% |
| 86th | Fiji | 1.60% | -0.6% |
| 87th | Gabon | 1.60% | -6.7% |
| 88th | China | 1.61% | -8.6% |
| 89th | Lebanon | 1.61% | -46.8% |
| 90th | Chile | 1.65% | -20.2% |
| 91st | Italy | 1.66% | -3.9% |
| 92nd | Norway | 1.68% | -14.7% |
| 93rd | Eswatini | 1.68% | -9.5% |
| 94th | Cambodia | 1.70% | -4.4% |
| 95th | Slovak Republic | 1.71% | -10.1% |
| 96th | Sri Lanka | 1.71% | -1.6% |
| 97th | Senegal | 1.76% | 24.7% |
| 98th | Cyprus | 1.78% | -5.9% |
| 99th | Afghanistan | 1.83% | 34.5% |
| 100th | Romania | 1.85% | -7.8% |
| 101st | Türkiye | 1.86% | -15.3% |
| 102nd | Mozambique | 1.91% | -5.5% |
| 103rd | Lithuania | 1.95% | -4.9% |
| 104th | Croatia | 1.97% | 16.2% |
| 105th | Australia | 1.98% | -1.4% |
| 106th | France | 1.98% | -2.1% |
| 107th | Estonia | 2.01% | -11.0% |
| 108th | Burundi | 2.04% | -6.5% |
| 109th | United Kingdom | 2.07% | -4.2% |
| 110th | Chad | 2.08% | -6.0% |
| 111th | Central African Republic | 2.15% | 15.6% |
| 112th | Latvia | 2.16% | -3.2% |
| 113th | Poland | 2.22% | -2.0% |
| 114th | Iran, Islamic Republic of | 2.22% | 2.2% |
| 115th | Ecuador | 2.24% | -8.8% |
| 116th | Iraq | 2.26% | -27.3% |
| 117th | Uruguay | 2.26% | 10.0% |
| 118th | Mauritania | 2.29% | -4.0% |
| 119th | Burkina Faso | 2.33% | 10.4% |
| 120th | Uganda | 2.34% | -5.2% |
| 121st | Congo, Republic of | 2.34% | -10.0% |
| 122nd | Togo | 2.39% | 10.2% |
| 123rd | Seychelles | 2.46% | 80.0% |
| 124th | India | 2.47% | -11.9% |
| 125th | Singapore | 2.54% | -9.5% |
| 126th | Korea | 2.62% | -0.9% |
| 127th | Tunisia | 2.63% | -3.1% |
| 128th | Serbia | 2.73% | 18.9% |
| 129th | Kyrgyz Republic | 2.84% | -8.6% |
| 130th | Botswana | 3.05% | -8.7% |
| 131st | Colombia | 3.20% | -9.6% |
| 132nd | Namibia | 3.23% | -7.3% |
| 133rd | Brunei Darussalam | 3.24% | -10.9% |
| 134th | Mali | 3.38% | -0.5% |
| 135th | Pakistan | 3.39% | -2.8% |
| 136th | United States | 3.40% | -6.6% |
| 137th | Ukraine | 3.43% | -22.2% |
| 138th | Bahrain | 3.52% | -13.3% |
| 139th | Russian Federation | 3.58% | -13.7% |
| 140th | Morocco | 3.75% | -5.8% |
| 141st | Greece | 3.80% | 25.8% |
| 142nd | Myanmar | 4.07% | 30.3% |
| 143rd | Armenia | 4.47% | -10.4% |
| 144th | Jordan | 4.70% | -0.1% |
| 145th | Algeria | 4.89% | -16.9% |
| 146th | Azerbaijan | 4.93% | -5.9% |
| 147th | Israel | 4.93% | -6.5% |
| 148th | Kuwait | 6.35% | -1.9% |
| 149th | Qatar | 6.45% | 337.8% |
| 150th | Oman | 6.62% | -17.5% |
| 151st | Saudi Arabia | 7.23% | -17.8% |
FAQ
What was Korea's military spending in 2021?▾
Korea's military spending in 2021 was 2.62%. This ranked 126th globally.
How did Korea's military spending change in 2021?▾
Korea's military spending decreased by 0.9% in 2021 compared to 2020.
Which country had the highest military spending in 2021?▾
Saudi Arabia had the highest military spending in 2021 at 7.23%.
What is the military spending of Korea in 2021?▾
The military spending of Korea in 2021 was 2.62%. This ranked 126th globally.
How does 2021 compare to 2020 for Korea's military spending?▾
Korea's military spending went from 2.64% in 2020 to 2.62% in 2021, a 0.9% decrease.
Related
2020
2022
All years
Full ranking 2021
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