Military expenditure in usd prices reached USD 46.4 bil in 2022 in South Korea, according to the SIPRI Military Expenditure Database. This is 8.86% less than in the previous year.
Historically, military expenditure in USD prices in South Korea reached an all time high of USD 50.9 bil in 2021 and an all time low of USD 0.062 bil in 1953.
South Korea has been ranked 9th within the group of 150 countries we follow in terms of military expenditure in USD prices.
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