In 2020, South Korea's defense spending accounted for about 2.6 percent of gross domestic product (GDP), up from about 2.4 percent in the previous year. Defense spending made up about 13 percent of the national budget that year.
Defense expenditure as a percentage of gross domestic product (GDP) in South Korea from 2003 to 2020
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Statista Accounts:
Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.
Statistics Korea. (February 8, 2022). Defense expenditure as a percentage of gross domestic product (GDP) in South Korea from 2003 to 2020 [Graph]. In Statista. Retrieved August 17, 2022, from https://www.statista.com/statistics/1040709/south-korea-defense-expenditure-as-percentage-of-gdp/
Statistics Korea. "Defense expenditure as a percentage of gross domestic product (GDP) in South Korea from 2003 to 2020." Chart. February 8, 2022. Statista. Accessed August 17, 2022. https://www.statista.com/statistics/1040709/south-korea-defense-expenditure-as-percentage-of-gdp/
Statistics Korea. (2022). Defense expenditure as a percentage of gross domestic product (GDP) in South Korea from 2003 to 2020. Statista. Statista Inc.. Accessed: August 17, 2022. https://www.statista.com/statistics/1040709/south-korea-defense-expenditure-as-percentage-of-gdp/
Statistics Korea. "Defense Expenditure as a Percentage of Gross Domestic Product (Gdp) in South Korea from 2003 to 2020." Statista, Statista Inc., 8 Feb 2022, https://www.statista.com/statistics/1040709/south-korea-defense-expenditure-as-percentage-of-gdp/
Statistics Korea, Defense expenditure as a percentage of gross domestic product (GDP) in South Korea from 2003 to 2020 Statista, https://www.statista.com/statistics/1040709/south-korea-defense-expenditure-as-percentage-of-gdp/ (last visited August 17, 2022)
