In 2023, South Korea's space industry budget for developing relevant business and services was approximately 586.2 billion South Korean won. The total budget for the domestic space industry was around 874.2 billion won that year. With the successful launch of the Nuri rocket (also known as KSLV-II) in 2022, South Korea became the seventh country in the world that was able to put in orbit a satellite that weighs over one metric ton.
Space development budget of South Korea in 2023, by sector
(in billion South Korean won)
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Ministry of Science and ICT (South Korea). (April 17, 2023). Space development budget of South Korea in 2023, by sector (in billion South Korean won) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1372927/south-korea-space-development-budget-by-sector/
Ministry of Science and ICT (South Korea). "Space development budget of South Korea in 2023, by sector (in billion South Korean won)." Chart. April 17, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1372927/south-korea-space-development-budget-by-sector/
Ministry of Science and ICT (South Korea). (2023). Space development budget of South Korea in 2023, by sector (in billion South Korean won). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1372927/south-korea-space-development-budget-by-sector/
Ministry of Science and ICT (South Korea). "Space Development Budget of South Korea in 2023, by Sector (in Billion South Korean Won)." Statista, Statista Inc., 17 Apr 2023, https://www.statista.com/statistics/1372927/south-korea-space-development-budget-by-sector/
Ministry of Science and ICT (South Korea), Space development budget of South Korea in 2023, by sector (in billion South Korean won) Statista, https://www.statista.com/statistics/1372927/south-korea-space-development-budget-by-sector/ (last visited November 21, 2024)
Space development budget of South Korea in 2023, by sector (in billion South Korean won) [Graph], Ministry of Science and ICT (South Korea), April 17, 2023. [Online]. Available: https://www.statista.com/statistics/1372927/south-korea-space-development-budget-by-sector/