In 2023, South Korean military spending accounted for around 12.8 percent of the annual government budget. This was a slight decrease from the previous year. The highest recorded share during the surveyed period was in 2017, when military spending accounted for 14.7 percent of the total national budget.
Share of defense spending to the annual budget of South Korea from 2013 to 2023
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Statistics Korea. (July 5, 2023). Share of defense spending to the annual budget of South Korea from 2013 to 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/745752/south-korea-national-defense-expenditure-share-in-budget/
Statistics Korea. "Share of defense spending to the annual budget of South Korea from 2013 to 2023." Chart. July 5, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/745752/south-korea-national-defense-expenditure-share-in-budget/
Statistics Korea. (2023). Share of defense spending to the annual budget of South Korea from 2013 to 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/745752/south-korea-national-defense-expenditure-share-in-budget/
Statistics Korea. "Share of Defense Spending to The Annual Budget of South Korea from 2013 to 2023." Statista, Statista Inc., 5 Jul 2023, https://www.statista.com/statistics/745752/south-korea-national-defense-expenditure-share-in-budget/
Statistics Korea, Share of defense spending to the annual budget of South Korea from 2013 to 2023 Statista, https://www.statista.com/statistics/745752/south-korea-national-defense-expenditure-share-in-budget/ (last visited November 21, 2024)
Share of defense spending to the annual budget of South Korea from 2013 to 2023 [Graph], Statistics Korea, July 5, 2023. [Online]. Available: https://www.statista.com/statistics/745752/south-korea-national-defense-expenditure-share-in-budget/
