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Defense expenditure as percentage of real government spending South Korea 2009-2018

In 2018, South Korea's defense budget accounted for around 10.6 percent of the government's total spending for the year. This is the same share as in the previous year, as the defense budget grew by approximately 3 trillion South Korean won while the government's spending grew by over 25 trillion won. In total, the defense budget in 2018 was approximately 43 trillion won (approximately 40 billion U.S. dollars) and the government spending, around 397 trillion won.

Defense expenditure as a percentage of real government spending in South Korea from 2009 to 2018

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Source

Release date

2019

Region

South Korea

Survey time period

2009 to 2018

Supplementary notes

Note: 1,000 South Korean won equal 0.84 U.S. dollars and 0.76 euros (as of February 2020).

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