Arms exports — all countries

Arms exports — South Korea

Arms exports in South Korea in 2024 — 964,000,000 M TIV. Ranked 8 in the world out of 45. Since 1972, the indicator has risen by 583.7%.

2024 964,000,000 M TIV +52.77% vs 2023
World rank 8of 45
Period maximum 1,047,000,000 M TIV2018
Period minimum 7,000,000 M TIV1994

Trend over time

1972–2024 · million TIV (constant 1990 prices)

Arms exports — South Korea, 1972–20240500,000,0001,000,000,0001,500,000,00019721978198419901996200220082014202020241972: 141,000,000 M TIV1979: 105,000,000 M TIV1980: 105,000,000 M TIV1981: 130,000,000 M TIV1982: 65,000,000 M TIV1984: 126,000,000 M TIV1985: 28,000,000 M TIV1986: 73,000,000 M TIV1988: 54,000,000 M TIV1989: 48,000,000 M TIV1990: 72,000,000 M TIV1991: 118,000,000 M TIV1993: 60,000,000 M TIV1994: 7,000,000 M TIV1995: 27,000,000 M TIV1996: 24,000,000 M TIV1997: 25,000,000 M TIV1998: 32,000,000 M TIV2000: 10,000,000 M TIV2001: 230,000,000 M TIV2003: 96,000,000 M TIV2004: 74,000,000 M TIV2005: 109,000,000 M TIV2006: 158,000,000 M TIV2007: 278,000,000 M TIV2008: 110,000,000 M TIV2009: 224,000,000 M TIV2010: 177,000,000 M TIV2011: 328,000,000 M TIV2012: 203,000,000 M TIV2013: 350,000,000 M TIV2014: 218,000,000 M TIV2015: 92,000,000 M TIV2016: 435,000,000 M TIV2017: 700,000,000 M TIV2018: 1,047,000,000 M TIV2019: 680,000,000 M TIV2020: 772,000,000 M TIV2021: 510,000,000 M TIV2022: 220,000,000 M TIV2023: 631,000,000 M TIV2024: 964,000,000 M TIV
Change over the period: +823,000,000 (+583.69%) Average annual rate: 3.77 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: South Korea

South Korea 964,000,000 M TIV
World 26,995,000,000 M TIV
Arms exports — South Korea, by year South Korea All countries CSV XLSX
Year M TIV Change Change, %
2024 964,000,000 +333,000,000 +52.77%
2023 631,000,000 +411,000,000 +186.82%
2022 220,000,000 −290,000,000 −56.86%
2021 510,000,000 −262,000,000 −33.94%
2020 772,000,000 +92,000,000 +13.53%
2019 680,000,000 −367,000,000 −35.05%
2018 1,047,000,000 +347,000,000 +49.57%
2017 700,000,000 +265,000,000 +60.92%
2016 435,000,000 +343,000,000 +372.83%
2015 92,000,000 −126,000,000 −57.8%
2014 218,000,000 −132,000,000 −37.71%
2013 350,000,000 +147,000,000 +72.41%
2012 203,000,000 −125,000,000 −38.11%
2011 328,000,000 +151,000,000 +85.31%
2010 177,000,000 −47,000,000 −20.98%
2009 224,000,000 +114,000,000 +103.64%
2008 110,000,000 −168,000,000 −60.43%
2007 278,000,000 +120,000,000 +75.95%
2006 158,000,000 +49,000,000 +44.95%
2005 109,000,000 +35,000,000 +47.3%
2004 74,000,000 −22,000,000 −22.92%
2003 96,000,000
2001 230,000,000 +220,000,000 +2,200%
2000 10,000,000
1998 32,000,000 +7,000,000 +28%
1997 25,000,000 +1,000,000 +4.17%
1996 24,000,000 −3,000,000 −11.11%
1995 27,000,000 +20,000,000 +285.71%
1994 7,000,000 −53,000,000 −88.33%
1993 60,000,000
1991 118,000,000 +46,000,000 +63.89%
1990 72,000,000 +24,000,000 +50%
1989 48,000,000 −6,000,000 −11.11%
1988 54,000,000
1986 73,000,000 +45,000,000 +160.71%
1985 28,000,000 −98,000,000 −77.78%
1984 126,000,000
1982 65,000,000 −65,000,000 −50%
1981 130,000,000 +25,000,000 +23.81%
1980 105,000,000 +0 +0%
1979 105,000,000
1972 141,000,000

Eastern Asia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Transfers of major conventional weapons expressed in SIPRI trend-indicator values (TIV) in constant 1990 prices. TIV reflects the military capability of the equipment transferred rather than the price of the contract: deals of equal value can give different TIV, and secondhand equipment is valued below new.

Important: TIV cannot be read as the monetary value of the transfers — it is an indicator of the volume of military capability handed over.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.