Military spending in North Korea

North Korea: Military spending was 1.57 billion constant 2022 US$ in 2018. ◆ Volatile

Latest (2018)
1.57 billion constant 2022 US$
Change on year
up 9.7%
World rank
75th
of 172 countries
All-time high
9.90 billion constant 2022 US$
in 1992
All-time low
425.17 million constant 2022 US$
in 1950
Years of data
71
1948–2018

Military spending in North Korea, 1948–2018

02.0B4.0B6.0B8.0B10.0B194819832018

Source: Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

In 2018, military spending in North Korea stood at 1.57 billion constant 2022 US$.

The figure is up 9.7% on the previous year and down 55.8% over ten years.

Over the whole period, military spending in North Korea peaked at 9.90 billion constant 2022 US$ in 1992 and was at its lowest, 425.17 million constant 2022 US$, in 1950.

That places North Korea 75th out of 172 countries with data for 2018, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1940s 478.45 million constant 2022 US$ 449.25 million constant 2022 US$ 507.65 million constant 2022 US$ 2
1950s 1.10 billion constant 2022 US$ 425.17 million constant 2022 US$ 3.72 billion constant 2022 US$ 10
1960s 2.56 billion constant 2022 US$ 1.72 billion constant 2022 US$ 3.80 billion constant 2022 US$ 10
1970s 3.97 billion constant 2022 US$ 3.47 billion constant 2022 US$ 4.60 billion constant 2022 US$ 10
1980s 7.86 billion constant 2022 US$ 4.28 billion constant 2022 US$ 9.71 billion constant 2022 US$ 10
1990s 7.57 billion constant 2022 US$ 3.84 billion constant 2022 US$ 9.90 billion constant 2022 US$ 10
2000s 4.98 billion constant 2022 US$ 3.09 billion constant 2022 US$ 6.81 billion constant 2022 US$ 10
2010s 1.77 billion constant 2022 US$ 1.29 billion constant 2022 US$ 2.61 billion constant 2022 US$ 9

Countries ranked near North Korea

  1. 72 Kazakhstan 1.65 billion constant 2022 US$ compare
  2. 73 Uruguay 1.62 billion constant 2022 US$ compare
  3. 74 Croatia 1.60 billion constant 2022 US$ compare
  4. 76 Sri Lanka 1.52 billion constant 2022 US$ compare
  5. 77 Ireland 1.51 billion constant 2022 US$ compare
  6. 78 Tunisia 1.44 billion constant 2022 US$ compare

See the full ranking of 172 places →

More reference data data for North Korea

All data for North Korea →

Frequently asked questions

What is military spending in North Korea?
Military spending in North Korea was 1.57 billion constant 2022 US$ in 2018, according to Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in North Korea?
The highest recorded value was 9.90 billion constant 2022 US$ in 1992.
What is the lowest military spending recorded in North Korea?
The lowest recorded value was 425.17 million constant 2022 US$ in 1950.
How does North Korea rank for military spending?
North Korea ranks 75th out of 172 countries with data for 2018.
Is military spending rising or falling in North Korea?
Over the last ten years it is down 55.8%. The long-run trend across the full record is volatile.
Where does this North Korea data come from?
The figures come from Barnum et al. - Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 71 observations, free to reuse under CC BY 4.0 (Our World in Data).

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.