Ratio of military expenditure to gross domestic product (GDP) in South Korea 2022

The ratio of military expenditure to gross domestic product (GDP) in South Korea decreased by 0.1 percentage points (-3.56 percent) compared to the previous year. Nevertheless, the last two years recorded a significantly higher ratio than the preceding years.
These figures refer to the total amount of money spent on a country's military, as a share of its gross domestic product (GDP). These figures apply to current expenditure on a country's armed forces, including peacekeeping forces and defense ministries, among others.

Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like China and Japan.