{"entity":{"iso2":"KR","iso3":"KOR","name":"South Korea","slug":"korea-rep"},"indicator":{"licence":"CC BY 4.0 (Our World in Data)","slug":"military-spending-per-armed-forces-personnel","source":"Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) \u2013 with major processing by Our World in Data","source_url":"https://ourworldindata.org/grapher/military-spending-per-armed-forces-personnel","title":"Military spending per armed forces personnel","unit":"constant 2024 US$"},"observations":[{"date":"1985-01-01","value":20133.9},{"date":"1989-01-01","value":23220.9},{"date":"1990-01-01","value":23959.6},{"date":"1991-01-01","value":21331.8},{"date":"1992-01-01","value":22643.6},{"date":"1993-01-01","value":23687.2},{"date":"1994-01-01","value":24372.5},{"date":"1995-01-01","value":31174.0},{"date":"1996-01-01","value":30334.6},{"date":"1997-01-01","value":30690.6},{"date":"1998-01-01","value":29618.9},{"date":"1999-01-01","value":28824.4},{"date":"2000-01-01","value":30108.3},{"date":"2001-01-01","value":30969.4},{"date":"2002-01-01","value":31684.7},{"date":"2003-01-01","value":32761.9},{"date":"2004-01-01","value":33930.9},{"date":"2005-01-01","value":36856.1},{"date":"2006-01-01","value":38239.4},{"date":"2007-01-01","value":39971.4},{"date":"2008-01-01","value":42586.2},{"date":"2009-01-01","value":47494.2},{"date":"2010-01-01","value":47888.8},{"date":"2011-01-01","value":48544.9},{"date":"2012-01-01","value":49781.0},{"date":"2013-01-01","value":51289.0},{"date":"2014-01-01","value":55582.2},{"date":"2015-01-01","value":57559.4},{"date":"2016-01-01","value":59048.1},{"date":"2017-01-01","value":60134.3},{"date":"2018-01-01","value":65886.0},{"date":"2019-01-01","value":70613.0},{"date":"2020-01-01","value":80076.1}],"summary":{"latest_period":"2020-01-01","latest_value":80076.1,"max":80076.1,"mean":40030.2,"min":20133.9,"of":160,"rank":38,"trend":"rising"}}