In 2022, approximately 730 billion South Korean won was invested in the space industry in South Korea for development by the South Korean government. They planned to increase spending by 14 percent over five years to reach 1.5 trillion won in 2027, and ultimately become a top ten global investor by the 2030s. If successful, investments into the domestic space industry would triple by then compared to 2022.
Planned investments in space development in South Korea from 2022 to 2030
(in trillion South Korean won)
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Planned investments in space development in South Korea from 2022 to 2030
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Ministry of Science and ICT (South Korea). (February 6, 2023). Planned investments in space development in South Korea from 2022 to 2030 (in trillion South Korean won) [Graph]. In Statista. Retrieved April 13, 2025, from https://www.statista.com/statistics/1373865/south-korea-planned-space-development-investment/
Ministry of Science and ICT (South Korea). "Planned investments in space development in South Korea from 2022 to 2030 (in trillion South Korean won)." Chart. February 6, 2023. Statista. Accessed April 13, 2025. https://www.statista.com/statistics/1373865/south-korea-planned-space-development-investment/
Ministry of Science and ICT (South Korea). (2023). Planned investments in space development in South Korea from 2022 to 2030 (in trillion South Korean won). Statista. Statista Inc.. Accessed: April 13, 2025. https://www.statista.com/statistics/1373865/south-korea-planned-space-development-investment/
Ministry of Science and ICT (South Korea). "Planned Investments in Space Development in South Korea from 2022 to 2030 (in Trillion South Korean Won)." Statista, Statista Inc., 6 Feb 2023, https://www.statista.com/statistics/1373865/south-korea-planned-space-development-investment/
Ministry of Science and ICT (South Korea), Planned investments in space development in South Korea from 2022 to 2030 (in trillion South Korean won) Statista, https://www.statista.com/statistics/1373865/south-korea-planned-space-development-investment/ (last visited April 13, 2025)
Planned investments in space development in South Korea from 2022 to 2030 (in trillion South Korean won) [Graph], Ministry of Science and ICT (South Korea), February 6, 2023. [Online]. Available: https://www.statista.com/statistics/1373865/south-korea-planned-space-development-investment/
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