South Korea vs Ukraine: Military spending

South Korea

48.85 billion constant 2024 US$

in 2025

Ukraine

77.56 billion constant 2024 US$

in 2025

South Korea rank

11th

Ukraine rank

8th

Military spending over time

South Korea
Ukraine

How they compare

Ukraine currently reports 77.56 billion constant 2024 US$ against 48.85 billion constant 2024 US$ in South Korea, a difference of 28.71 billion constant 2024 US$.

That makes Ukraine's figure about 1.6 times South Korea's.

The two have swapped places 1 time across 33 shared years of data; in 1993 it was South Korea ahead.

South Korea ranks 11th and Ukraine ranks 8th of 162 countries.

Individual pages

About this data

Indicator: Military spending
Unit: constant 2024 US$
Source: Stockholm International Peace Research Institute (2026) – with minor processing by Our World in Data
Licence: CC BY 4.0 (Our World in Data)
Coverage: 162 places, 8,341 data points, 1949–2025
Last refreshed: 07 August 2026

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.