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Nigel G Wilcox
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Aircraft And Military Development & Applications
Military Nation Spending Listing 2019
Countries Spending The Most on their Military Spending
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10. Korea, Republic
- Military expenditure (2017): $39.2 billion
- Military expenditure as a % of general government expenditure (2017): 12.1% (#16 among countries)
- Military expenditure per capita (2017): $761 (#13 among countries)
Tensions between South Korea and its northern neighbor shaped much of the Republic's defense policy—and budget since the Korean Peninsula was divided at the end of the Korean War. A significant portion of the budget proposed in 2018 has been earmarked for efforts to increase cooperation between the two countries. President Moon Jae-in and North Korea's Kim Jong Un signed the Panmunjom Declaration after a summit in April last year and committed to halt in hostilities and denuclearization, though that goal remains elusive.
34. Chile

- Military expenditure (2017): $5.1 billion
- Military expenditure as a % of general government expenditure (2017): 7.2% (#45 among countries)
- Military expenditure per capita (2017): $284 (#28 among countries)
Most of Chile's military spending goes toward UN peacekeeping missions and land disputes with Bolivia and Peru that go all the way back to the 19th century War of the Pacific. The land won by a victorious Chile cut off Bolivia's access to the sea and Bolivia has been fighting to get it back ever since. Though the International Court of Justice ruled against forcing Chile to negotiate with its neighbor for sea access, Bolivia has vowed to not stop fighting.