South Korea - Central Government Expenditure on Defence
Since 2014, South Korea Central Government Expenditure on Defence was down by 0.3points year on year. At 12.34 Percent in 2019, the country was number 3 comparing other countries in Central Government Expenditure on Defence. South Korea is overtaken by United States, which was ranked number 2 at 13.39 Percent and is followed by Colombia with 9.9 Percent. Israel topped the ranking with 16.59 Percent in 2019, that is -0.5points versus 2018. Iceland recorded the best 5 years average growth at +31points per year, while Greece recorded the worst performance at -4.9points per year.
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| Date | Percent |
|---|---|
| 2019 | 12.34 |
| 2018 | 12.40 |
| 2017 | 12.45 |
| 2016 | 12.57 |
| 2015 | 12.45 |
Download all data from 2007 to 2019
How does South Korea rank in Central Government Expenditure on Defence?
| # | 32 Countries | Percent | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
Israel
|
16.59 % | 2019 | -0.5 % | -0.6 % | View data |
| 2 |
#2
United States
|
13.39 % | 2019 | -2.2 % | -2.5 % | View data |
| 3 |
#3
South Korea
|
12.34 % | 2019 | -0.5 % | -0.3 % | View data |
| 4 |
#4
Colombia
|
9.90 % | 2019 | -1.9 % | -2.5 % | View data |
| 5 |
#5
Germany
|
8.88 % | 2019 | +1.1 % | +1.4 % | View data |