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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.
46. Finland
- Military expenditure (2017): $3.6 billion
- Military expenditure as a % of general government expenditure (2017): 2.7% (#114 among countries)
- Military expenditure per capita (2017): $653 (#16 among countries)
World War II ended in 1945, but Finland still subscribes to a theory of “total defense,” which requires the military be ready at all times for a large-scale emergency or conflict. For example, all Finnish men must serve up to a year in the armed forces or civil service. Increased aggression and threats from Russia in and around the Baltic region has spurred Finland to increase the number of troops in its reserve, improve its international relations, and spend more on weapons and resources just in case.