Italy vs South Korea: Military spending gmsd

Italy
41.14 billion
in 2023
South Korea
57.02 billion
in 2023
Italy rank
12th
South Korea rank
11th

Military spending gmsd over time

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

How they compare

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

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.

Across the 9 decades both report, Italy averaged higher in 7 and South Korea in 2.

Head to head by decade

Decade Italy South Korea Difference Ahead
1940s 5.61 billion 123.11 million 5.49 billion Italy
1950s 7.47 billion 766.01 million 6.71 billion Italy
1960s 12.78 billion 1.17 billion 11.61 billion Italy
1970s 18.19 billion 4.45 billion 13.74 billion Italy
1980s 27.46 billion 12.20 billion 15.27 billion Italy
1990s 34.03 billion 21.40 billion 12.64 billion Italy
2000s 41.88 billion 25.72 billion 16.16 billion Italy
2010s 31.34 billion 40.60 billion 9.26 billion South Korea
2020s 40.35 billion 56.50 billion 16.14 billion South Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending gmsd, Italy or South Korea?
South Korea, at 57.02 billion against 41.14 billion in Italy as of 2023.
What is the difference in military spending gmsd between Italy and South Korea?
15.88 billion, with South Korea ahead.
How many years of comparable data are there for Italy and South Korea?
75 years are reported by both, from 1949 to 2023.
How do Italy and South Korea rank globally for military spending gmsd?
Italy ranks 12th and South Korea ranks 11th of 172 countries.
Where does this data come from?
Our World in Data, published as Military spending gmsd. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Italy vs South Korea: Military spending gmsd. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/compare/military-spending-gmsd/italy/korea-rep/

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About this data

Indicator
Military spending gmsd
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed