Seoul ranks No. 10 in defence spending

Seoul ranks No. 10 in defence spending

South Korea ranked 10th in defence spending in 2014, according to an annual report.

The report on the world's top 15 defence-spending countries by Britain's International Institute for Strategic Studies showed that Seoul's defence expenditures amounted to US$34.4 billion (S$46.6 billion).

The US topped the list with defence spending of $581 billion, followed by China with US$129.4 billion, Saudi Arabia with US$80.8 billion, the UK with $61.8 billion, France with US$53.1 billion and Japan with US$47.7 billion.

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