North Korea Military expenditures - percent of GDP

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Military expenditures - percent of GDP: in 2019, it was assessed that North Korea spent between 22% and 24% of GDP (between US$3.7 billion and US$4.2bn in 2017 dollars) annually on the military between 2007 and 2017

Definition: This entry gives estimates on spending on defense programs for the most recent year available as a percent of gross domestic product (GDP); the GDP is calculated on an exchange rate basis, i.e., not in terms of purchasing power parity (PPP). For countries with no military forces, this figure can include expenditures on public security and police.

Source: CIA World Factbook - This page was last updated on Saturday, September 18, 2021

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