South Korea - General Government Investment in Defence
Since 2014, South Korea General Government Investment in Defence jumped by 1.3points year on year. In 2019, the country was ranked number 5 comparing other countries in General Government Investment in Defence at 16.74 Percent of General Government Investment. South Korea is overtaken by Lithuania, which was number 4 at 16.81 Percent of General Government Investment and is followed by Estonia at 15.49 Percent of General Government Investment. United States ranked the highest with 23.55 Percent of General Government Investment in 2019, that is a decrease of 1.1points compared to 2018. Netherlands recorded the best 5 years average growth at +63.1points per year, while Belgium was the worst growing country at -13.6points per year.
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| Date | Percent of General Government Investment |
|---|---|
| 2019 | 16.74 |
| 2018 | 16.47 |
| 2017 | 16.19 |
| 2016 | 15.91 |
| 2015 | 15.61 |
How does South Korea rank in General Government Investment in Defence?
| # | 31 Countries | Percent of General Government Investment | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
23.55 % | 2019 | -1.1 % | -1.4 % | View data | |
| 2 |
#2
Latvia
|
21.04 % | 2019 | +5.8 % | +37.5 % | View data | |
| 4 |
#4
Lithuania
|
16.81 % | 2019 | +4.3 % | +32.0 % | View data | |
| 5 |
#5
South Korea
|
16.74 % | 2019 | +1.6 % | +1.3 % | View data | |
| 6 |
#6
Estonia
|
15.49 % | 2019 | +1.7 % | +4.0 % | View data | |