Statizoid

South Korea vs Ukraine: Military spending

South Korea
57.02 billion constant 2022 US$
in 2023
Ukraine
62.62 billion constant 2022 US$
in 2023
South Korea rank
11th
Ukraine rank
8th

Military spending over time

  • South Korea
  • Ukraine
020.0B40.0B60.0B194919862023

How they compare

Ukraine currently reports 62.62 billion constant 2022 US$ against 57.02 billion constant 2022 US$ in South Korea, a difference of 5.60 billion constant 2022 US$.

That makes Ukraine's figure about 1.1 times South Korea's.

The two have swapped places 1 time across 33 shared years of data; in 1991 it was South Korea ahead.

South Korea ranks 11th and Ukraine ranks 8th 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.