Military spending per military personnel in South Korea

South Korea: Military spending per military personnel was 101,370 constant 2022 US$ in 2022. ◆ Volatile

Latest (2022)
101,370 constant 2022 US$
Change on year
down 3.1%
World rank
43rd
of 170 countries
All-time high
104,652 constant 2022 US$
in 2021
All-time low
1,228 constant 2022 US$
in 1955
Years of data
74
1949–2022

Military spending per military personnel in South Korea, 1949–2022

025.0k50.0k75.0k100.0k194919852022

Source: Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data. Measured in constant 2022 US$.

Analysis

South Korea recorded 101,370 constant 2022 US$ for military spending per military personnel in 2022.

The figure is down 3.1% on the previous year and up 87.8% over ten years.

Over the whole period, military spending per military personnel in South Korea peaked at 104,652 constant 2022 US$ in 2021 and was at its lowest, 1,228 constant 2022 US$, in 1955.

South Korea ranks 43rd of 170 countries on this measure, in the top quarter.

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

Military spending per military personnel in South Korea, year by year

Annual values for Military spending per military personnel in South Korea, 1949 to 2022.
Year constant 2022 US$ Change
1949 1,784 constant 2022 US$ —
1950 2,986 constant 2022 US$ +67.4%
1951 1,671 constant 2022 US$ -44.0%
1952 1,561 constant 2022 US$ -6.6%
1953 1,386 constant 2022 US$ -11.2%
1954 1,349 constant 2022 US$ -2.6%
1955 1,228 constant 2022 US$ -9.0%
1956 1,614 constant 2022 US$ +31.5%
1957 1,482 constant 2022 US$ -8.2%
1958 1,518 constant 2022 US$ +2.5%
1959 1,600 constant 2022 US$ +5.4%
1960 1,527 constant 2022 US$ -4.5%
1961 1,716 constant 2022 US$ +12.4%
1962 1,887 constant 2022 US$ +10.0%
1963 1,508 constant 2022 US$ -20.1%
1964 1,562 constant 2022 US$ +3.6%
1965 1,298 constant 2022 US$ -16.9%
1966 2,009 constant 2022 US$ +54.8%
1967 2,130 constant 2022 US$ +6.0%
1968 2,625 constant 2022 US$ +23.2%
1969 3,149 constant 2022 US$ +19.9%
1970 3,055 constant 2022 US$ -3.0%
1971 3,760 constant 2022 US$ +23.1%
1972 3,920 constant 2022 US$ +4.2%
1973 4,078 constant 2022 US$ +4.0%
1974 4,956 constant 2022 US$ +21.5%
1975 6,024 constant 2022 US$ +21.6%
1976 8,445 constant 2022 US$ +40.2%
1977 10,609 constant 2022 US$ +25.6%
1978 12,761 constant 2022 US$ +20.3%
1979 14,048 constant 2022 US$ +10.1%
1980 14,962 constant 2022 US$ +6.5%
1981 17,223 constant 2022 US$ +15.1%
1982 18,184 constant 2022 US$ +5.6%
1983 17,191 constant 2022 US$ -5.5%
1984 17,935 constant 2022 US$ +4.3%
1985 19,252 constant 2022 US$ +7.3%
1986 21,186 constant 2022 US$ +10.0%
1987 22,588 constant 2022 US$ +6.6%
1988 24,726 constant 2022 US$ +9.5%
1989 26,270 constant 2022 US$ +6.2%
1990 27,784 constant 2022 US$ +5.8%
1991 24,165 constant 2022 US$ -13.0%
1992 26,600 constant 2022 US$ +10.1%
1993 27,548 constant 2022 US$ +3.6%
1994 29,023 constant 2022 US$ +5.4%
1995 32,217 constant 2022 US$ +11.0%
1996 36,906 constant 2022 US$ +14.6%
1997 38,376 constant 2022 US$ +4.0%
1998 30,509 constant 2022 US$ -20.5%
1999 30,598 constant 2022 US$ +0.3%
2000 28,563 constant 2022 US$ -6.7%
2001 28,393 constant 2022 US$ -0.6%
2002 30,302 constant 2022 US$ +6.7%
2003 32,884 constant 2022 US$ +8.5%
2004 36,127 constant 2022 US$ +9.9%
2005 39,995 constant 2022 US$ +10.7%
2006 44,366 constant 2022 US$ +10.9%
2007 47,187 constant 2022 US$ +6.4%
2008 45,029 constant 2022 US$ -4.6%
2009 41,850 constant 2022 US$ -7.1%
2010 46,353 constant 2022 US$ +10.8%
2011 50,239 constant 2022 US$ +8.4%
2012 53,990 constant 2022 US$ +7.5%
2013 55,641 constant 2022 US$ +3.1%
2014 61,657 constant 2022 US$ +10.8%
2015 59,317 constant 2022 US$ -3.8%
2016 65,260 constant 2022 US$ +10.0%
2017 74,034 constant 2022 US$ +13.4%
2018 79,202 constant 2022 US$ +7.0%
2019 84,896 constant 2022 US$ +7.2%
2020 91,193 constant 2022 US$ +7.4%
2021 104,652 constant 2022 US$ +14.8%
2022 101,370 constant 2022 US$ -3.1%

South Korea compared with similar countries

  • South Korea's 101,370 constant 2022 US$ is below the median for high income countries, which is 182,526 constant 2022 US$, 56% of the median. (54 countries reporting)
  • South Korea's 101,370 constant 2022 US$ is above the median for East Asia & Pacific, which is 28,962 constant 2022 US$, 3.5× the median. (20 countries reporting)

Biggest year-on-year movements

Years where Military spending per military personnel in South Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1950 +67.4% 1,784 constant 2022 US$ 2,986 constant 2022 US$
1951 -44.0% 2,986 constant 2022 US$ 1,671 constant 2022 US$
1966 +54.8% 1,298 constant 2022 US$ 2,009 constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1940s 1,784 constant 2022 US$ 1,784 constant 2022 US$ 1,784 constant 2022 US$ 1
1950s 1,640 constant 2022 US$ 1,228 constant 2022 US$ 2,986 constant 2022 US$ 10
1960s 1,941 constant 2022 US$ 1,298 constant 2022 US$ 3,149 constant 2022 US$ 10
1970s 7,166 constant 2022 US$ 3,055 constant 2022 US$ 14,048 constant 2022 US$ 10
1980s 19,952 constant 2022 US$ 14,962 constant 2022 US$ 26,270 constant 2022 US$ 10
1990s 30,373 constant 2022 US$ 24,165 constant 2022 US$ 38,376 constant 2022 US$ 10
2000s 37,470 constant 2022 US$ 28,393 constant 2022 US$ 47,187 constant 2022 US$ 10
2010s 63,059 constant 2022 US$ 46,353 constant 2022 US$ 84,896 constant 2022 US$ 10
2020s 99,072 constant 2022 US$ 91,193 constant 2022 US$ 104,652 constant 2022 US$ 3

Countries ranked near South Korea

  1. 40 Bahamas 118,216 constant 2022 US$ compare
  2. 41 Hungary 115,217 constant 2022 US$ compare
  3. 42 Taiwan 105,301 constant 2022 US$ compare
  4. 44 Burkina Faso 94,215 constant 2022 US$ compare
  5. 45 Algeria 93,643 constant 2022 US$ compare
  6. 46 Russia 90,225 constant 2022 US$ compare

See the full ranking of 170 places →

More reference data data for South Korea

All data for South Korea →

Frequently asked questions

What is military spending per military personnel in South Korea?
Military spending per military personnel in South Korea was 101,370 constant 2022 US$ in 2022, according to Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data.
What is the highest military spending per military personnel recorded in South Korea?
The highest recorded value was 104,652 constant 2022 US$ in 2021.
What is the lowest military spending per military personnel recorded in South Korea?
The lowest recorded value was 1,228 constant 2022 US$ in 1955.
How does South Korea rank for military spending per military personnel?
South Korea ranks 43rd out of 170 countries with data for 2022.
Is military spending per military personnel rising or falling in South Korea?
Over the last ten years it is up 87.8%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data, published as part of Military spending per military personnel. Statizoid updates them automatically from the source API.

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Military spending per military personnel in South Korea. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data. Retrieved 28 September 2026, from https://reference.statizoid.com/stat/military-spending-per-military-personnel/korea-rep/

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About this data

Indicator
Military spending per military personnel
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025); Correlates of War – National Material Capabilities Version 7.0 (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
170 places, 14,182 data points, 1816–2022
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.