South Korea vs Libya: Military spending, annual growth rate
South Korea
1.35 % change on previous year
in 2023
Libya
0.8533 % change on previous year
in 2016
South Korea rank
144th
Libya rank
147th
Military spending, annual growth rate over time
- South Korea
- Libya
How they compare
South Korea currently reports 1.35 % change on previous year against 0.8533 % change on previous year in Libya, a difference of 0.4967 % change on previous year.
That makes South Korea's figure about 1.6 times Libya's.
The two have swapped places 24 times across 65 shared years of data; in 1952 it was South Korea ahead.
South Korea ranks 144th and Libya ranks 147th of 172 countries.
Across the 7 decades both report, South Korea averaged higher in 2 and Libya in 5.
Head to head by decade
| Decade | South Korea | Libya | Difference | Ahead |
|---|---|---|---|---|
| 1950s | 17.14 % change on previous year | 1.07 % change on previous year | 16.07 % change on previous year | South Korea |
| 1960s | 7.95 % change on previous year | 31.48 % change on previous year | 23.54 % change on previous year | Libya |
| 1970s | 16.93 % change on previous year | 26.06 % change on previous year | 9.14 % change on previous year | Libya |
| 1980s | 6.78 % change on previous year | 9.41 % change on previous year | 2.63 % change on previous year | Libya |
| 1990s | 2.2 % change on previous year | -7.4 % change on previous year | 9.6 % change on previous year | South Korea |
| 2000s | 3.74 % change on previous year | 4.96 % change on previous year | 1.22 % change on previous year | Libya |
| 2010s | 5.3 % change on previous year | 13.94 % change on previous year | 8.63 % change on previous year | Libya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher military spending, annual growth rate, South Korea or Libya?
- South Korea, at 1.35 % change on previous year against 0.8533 % change on previous year in Libya as of 2023.
- What is the difference in military spending, annual growth rate between South Korea and Libya?
- 0.4967 % change on previous year, with South Korea ahead.
- How many years of comparable data are there for South Korea and Libya?
- 65 years are reported by both, from 1952 to 2016.
- How do South Korea and Libya rank globally for military spending, annual growth rate?
- South Korea ranks 144th and Libya ranks 147th of 172 countries.
- Where does this data come from?
- Statizoid (derived), published as Military spending, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.