Iraq vs South Korea: Military spending, per unit of GDP

Iraq
0.0252 constant 2024 US$ per US$ of GDP
in 2025
South Korea
0.0261 constant 2024 US$ per US$ of GDP
in 2025
Iraq rank
43rd
South Korea rank
40th

Military spending, per unit of GDP over time

  • Iraq
  • South Korea
00.10.20.3196019922025

How they compare

South Korea currently reports 0.0261 constant 2024 US$ per US$ of GDP against 0.0252 constant 2024 US$ per US$ of GDP in Iraq, a difference of 0.0009 constant 2024 US$ per US$ of GDP.

The two have swapped places 9 times across 41 shared years of data; in 1960 it was Iraq ahead.

Iraq ranks 43rd and South Korea ranks 40th of 160 countries.

Across the 5 decades both report, Iraq averaged higher in 2 and South Korea in 3.

Head to head by decade

Decade Iraq South Korea Difference Ahead
1960s 0.2228 constant 2024 US$ per US$ of GDP 0.273 constant 2024 US$ per US$ of GDP 0.0502 constant 2024 US$ per US$ of GDP South Korea
1970s 0.1677 constant 2024 US$ per US$ of GDP 0.2162 constant 2024 US$ per US$ of GDP 0.0485 constant 2024 US$ per US$ of GDP South Korea
2000s 0.0385 constant 2024 US$ per US$ of GDP 0.0268 constant 2024 US$ per US$ of GDP 0.0117 constant 2024 US$ per US$ of GDP Iraq
2010s 0.0313 constant 2024 US$ per US$ of GDP 0.0238 constant 2024 US$ per US$ of GDP 0.0075 constant 2024 US$ per US$ of GDP Iraq
2020s 0.0229 constant 2024 US$ per US$ of GDP 0.0256 constant 2024 US$ per US$ of GDP 0.0027 constant 2024 US$ per US$ of GDP South Korea

Averages of every year both report within each decade.

Frequently asked questions

Which has higher military spending, per unit of gdp, Iraq or South Korea?
South Korea, at 0.0261 constant 2024 US$ per US$ of GDP against 0.0252 constant 2024 US$ per US$ of GDP in Iraq as of 2025.
What is the difference in military spending, per unit of gdp between Iraq and South Korea?
0.0009 constant 2024 US$ per US$ of GDP, with South Korea ahead.
How many years of comparable data are there for Iraq and South Korea?
41 years are reported by both, from 1960 to 2025.
How do Iraq and South Korea rank globally for military spending, per unit of gdp?
Iraq ranks 43rd and South Korea ranks 40th of 160 countries.
Where does this data come from?
Statizoid (derived), published as Military spending, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Iraq vs South Korea: Military spending, per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/compare/military-spending-per-unit-of-gdp/iraq/korea-rep/

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About this data

Indicator
Military spending, per unit of GDP
Unit
constant 2024 US$ per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
160 places, 7,842 data points, 1960–2025
Last refreshed

Military spending divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.