In 2022, North Korea's military spending accounted for over 33 percent of its gross domestic product (GDP). Prior to this year, North Korea thus ranked first in the world in terms of military spending as a percentage of GDP. While Ukraine has now overtaken the country, it did still have the highest military expenditure per capita that year, at over 8.1 thousand U.S. dollars per person.
Military spending as a share of gross domestic product (GDP) in North Korea from 2018 to 2022
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IEP. (June 27, 2023). Military spending as a share of gross domestic product (GDP) in North Korea from 2018 to 2022 [Graph]. In Statista. Retrieved December 11, 2023, from https://www.statista.com/statistics/747387/north-korea-share-of-military-spending-in-budget/
IEP. "Military spending as a share of gross domestic product (GDP) in North Korea from 2018 to 2022." Chart. June 27, 2023. Statista. Accessed December 11, 2023. https://www.statista.com/statistics/747387/north-korea-share-of-military-spending-in-budget/
IEP. (2023). Military spending as a share of gross domestic product (GDP) in North Korea from 2018 to 2022. Statista. Statista Inc.. Accessed: December 11, 2023. https://www.statista.com/statistics/747387/north-korea-share-of-military-spending-in-budget/
IEP. "Military Spending as a Share of Gross Domestic Product (Gdp) in North Korea from 2018 to 2022." Statista, Statista Inc., 27 Jun 2023, https://www.statista.com/statistics/747387/north-korea-share-of-military-spending-in-budget/
IEP, Military spending as a share of gross domestic product (GDP) in North Korea from 2018 to 2022 Statista, https://www.statista.com/statistics/747387/north-korea-share-of-military-spending-in-budget/ (last visited December 11, 2023)
Military spending as a share of gross domestic product (GDP) in North Korea from 2018 to 2022 [Graph], IEP, June 27, 2023. [Online]. Available: https://www.statista.com/statistics/747387/north-korea-share-of-military-spending-in-budget/