South Korea - Local Government Expenditures on Defence
Since 2014, South Korea Local Government Expenditures on Defence grew 2.4% year on year. At $325.51 Million PPP in 2019, the country was number 1 comparing other countries in Local Government Expenditures on Defence. Switzerland, Israel and United Kingdom respectively ranked number 2, 3 and 4 in this ranking. Israel recorded the best 5 years average growth at +4.6% per year, while Hungary witnessed the worst performance at -19.7% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 325.51 |
| 2018 | 320.50 |
| 2017 | 315.39 |
| 2016 | 312.68 |
| 2015 | 302.79 |
Download all data from 2007 to 2019
How does South Korea rank in Local Government Expenditures on Defence?
| # | 13 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | |
|---|---|---|---|---|---|---|
| 1 |
#1
South Korea
|
325.51 | 2019 | +1.6 % | +2.4 % | View data |
| 2 |
#2
Switzerland
|
229.71 | 2019 | +2.1 % | +3.1 % | View data |
| 3 |
#3
Israel
|
107.96 | 2019 | +2.8 % | +4.6 % | View data |
| 4 |
#4
United Kingdom
|
85.14 | 2019 | -2.5 % | -1.5 % | View data |
| 5 |
#5
Sweden
|
38.30 | 2019 | +0.8 % | -0.1 % | View data |