Statizoid

Italy vs South Korea: Military spending

Italy
41.14 billion constant 2022 US$
in 2023
South Korea
57.02 billion constant 2022 US$
in 2023
Italy rank
12th
South Korea rank
11th

Military spending over time

  • Italy
  • South Korea
020.0B40.0B60.0B181619192023

How they compare

South Korea currently reports 57.02 billion constant 2022 US$ against 41.14 billion constant 2022 US$ in Italy, a difference of 15.88 billion constant 2022 US$.

That makes South Korea's figure about 1.4 times Italy's.

The two have swapped places 1 time across 75 shared years of data; in 1949 it was Italy ahead.

Italy ranks 12th and South Korea ranks 11th of 172 countries.

Individual pages

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.