Italy vs South Korea: Military expenditure

Italy

37.96 billion current USD

in 2024

South Korea

47.57 billion current USD

in 2024

Italy rank

14th

South Korea rank

11th

Military expenditure over time

South Korea currently reports 47.57 billion current USD against 37.96 billion current USD in Italy, a difference of 9.61 billion current USD.

That makes South Korea's figure about 1.3 times Italy's.

The two have swapped places 1 time across 65 shared years of data; in 1960 it was Italy ahead.

Globally, Italy ranks 14th and South Korea ranks 11th of 167 countries.

Indicator: Military expenditure (current USD)
Unit: current USD
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 211 places, 10,601 data points, 1960–2024
Last refreshed: 06 August 2026

Military spending USD, in current prices (converted at the exchange rate for the given year)