In 2023, South Korea allocated approximately 57 trillion South Korean won to its national defense budget. This was an increase of over two trillion won compared to the previous year. South Korea's defense budget has steadily increased over the years.
South Korea's national defense budget from 2006 to 2023
(in trillion South Korean won)
Characteristic
Budget in trillion South Korean won
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Statistics Korea. (July 5, 2023). South Korea's national defense budget from 2006 to 2023 (in trillion South Korean won) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/745747/south-korea-national-defense-expenditure/
Statistics Korea. "South Korea's national defense budget from 2006 to 2023 (in trillion South Korean won)." Chart. July 5, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/745747/south-korea-national-defense-expenditure/
Statistics Korea. (2023). South Korea's national defense budget from 2006 to 2023 (in trillion South Korean won). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/745747/south-korea-national-defense-expenditure/
Statistics Korea. "South Korea's National Defense Budget from 2006 to 2023 (in Trillion South Korean Won)." Statista, Statista Inc., 5 Jul 2023, https://www.statista.com/statistics/745747/south-korea-national-defense-expenditure/
Statistics Korea, South Korea's national defense budget from 2006 to 2023 (in trillion South Korean won) Statista, https://www.statista.com/statistics/745747/south-korea-national-defense-expenditure/ (last visited August 25, 2024)
South Korea's national defense budget from 2006 to 2023 (in trillion South Korean won) [Graph], Statistics Korea, July 5, 2023. [Online]. Available: https://www.statista.com/statistics/745747/south-korea-national-defense-expenditure/