Military expenditure in North Korea

North Korea: Military expenditure was 216.60 billion current LCU in 2018. ◆ Volatile

Latest (2018)
216.60 billion current LCU
Change on year
up 66.9%
World rank
53rd
of 167 countries
All-time high
216.60 billion current LCU
in 2018
All-time low
2.92 billion current LCU
in 1998
Years of data
31
1986–2018

Military expenditure in North Korea, 1986–2018

050.0B100.0B150.0B200.0B1986200220181986: 4.0B current LCU1987: 4.0B current LCU1988: 3.9B current LCU1989: 4.0B current LCU1990: 4.3B current LCU1991: 4.5B current LCU1992: 4.5B current LCU1993: 4.6B current LCU1994: 4.7B current LCU1996: 3.0B current LCU1998: 2.9B current LCU1999: 2.9B current LCU2000: 3.0B current LCU2001: 3.2B current LCU2002: 3.3B current LCU2003: 50.8B current LCU2004: 54.4B current LCU2005: 64.5B current LCU2006: 67.1B current LCU2007: 68.5B current LCU2008: 71.3B current LCU2009: 76.2B current LCU2010: 82.6B current LCU2011: 89.8B current LCU2012: 99.1B current LCU2013: 105.3B current LCU2014: 111.3B current LCU2015: 117.4B current LCU2016: 123.2B current LCU2017: 129.8B current LCU2018: 216.6B current LCU

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.

Analysis

The most recent figure for military expenditure in North Korea is 216.60 billion current LCU, measured in 2018. That is the highest value across all 31 years on record.

The figure is up 66.9% on the previous year and up 203.7% over ten years.

Over the whole period, military expenditure in North Korea peaked at 216.60 billion current LCU in 2018 and was at its lowest, 2.92 billion current LCU, in 1998.

North Korea ranks 53rd of 167 countries on this measure, 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
1980s 3.97 billion current LCU 3.86 billion current LCU 4.04 billion current LCU 4
1990s 3.93 billion current LCU 2.92 billion current LCU 4.72 billion current LCU 8
2000s 46.24 billion current LCU 3.00 billion current LCU 76.25 billion current LCU 10
2010s 119.46 billion current LCU 82.60 billion current LCU 216.60 billion current LCU 9

Countries ranked near North Korea

  1. 50 South Sudan 264.15 billion current LCU compare
  2. 51 Serbia 251.43 billion current LCU compare
  3. 52 Rwanda 231.90 billion current LCU compare
  4. 54 Malawi 202.63 billion current LCU compare
  5. 55 Thailand 194.81 billion current LCU compare
  6. 56 Gabon 193.50 billion current LCU compare

See the full ranking of 167 places →

More public sector data for North Korea

All data for North Korea →

Frequently asked questions

What is military expenditure in North Korea?
Military expenditure in North Korea was 216.60 billion current LCU in 2018, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in North Korea?
The highest recorded value was 216.60 billion current LCU in 2018.
What is the lowest military expenditure recorded in North Korea?
The lowest recorded value was 2.92 billion current LCU in 1998.
How does North Korea rank for military expenditure?
North Korea ranks 53rd out of 167 countries with data for 2018.
Is military expenditure rising or falling in North Korea?
Over the last ten years it is up 203.7%. The long-run trend across the full record is volatile.
Where does this North Korea data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 8,248 data points, 1960–2024
Last refreshed

Military expenditure in local currency at current prices (by calendar year)