South Korea Military Spending/Defense Budget | Historical Data | Chart | 1960-2023
South Korea military spending/defense budget for 2023 was 47.93 billion US dollars, a 3.36% increase from 2022.
- South Korea military spending/defense budget for 2022 was 46.37 billion US dollars, a 8.86% decline from 2021.
- South Korea military spending/defense budget for 2021 was 50.87 billion US dollars, a 10.31% increase from 2020.
- South Korea military spending/defense budget for 2020 was 46.12 billion US dollars, a 4.57% increase from 2019.
South Korea Military Spending/Defense Budget: Historical data from 1960 to 2023.