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South Korea

Military Spending Profile

#11

Global Rank

$48.5B

2024 Spending

1.9%

of World Spending

2.6%

of GDP

Military Spending Over Time

Constant 2023 USD (billions)

Military Spending as % of GDP

10-Year Trend

+30.1%

Military spending has increased over the past decade

Peak Spending

$48.5B

in 2021 (constant 2023 USD)

🔫 Arms Sales

$14B

Top Systems:

  • F-35A fighters ($7.2B)
  • AH-64E Apache ($1.5B)
  • Patriot PAC-3
  • Global Hawk drones
  • THAAD

28,500 US troops stationed in South Korea. Annual "burden sharing" payments of $1.1B.

→ Full arms sales data