Military spending as percentage of real government spending South Korea 2011-2021

Published by L. Yoon, Sep 1, 2023
In 2021, South Korea's defense spending accounted for about 9.3 percent of total government spending. In 2022, South Korea allocated about 54.6 trillion South Korean won to its defense budget, which has steadily increased in recent years.

Defense expenditure as a percentage of real government spending in South Korea from 2011 to 2021

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Release date

2023

Region

South Korea

Survey time period

2011 to 2021

Supplementary notes

The source did not provide a date of publication. The release date used here is the access date.

1,000 South Korean won equals 0.76 U.S. dollars or 0.70 euro as of September 2023.

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