In 2022, South Korea's defense spending accounted for about 2.5 percent of its gross domestic product (GDP), which was similar to the share recorded 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 2022
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Other statistics that may interest you Defense industry in South Korea
Overview
5
- Basic Statistic Distribution of military expenditure globally in 2022, by country
- Premium Statistic National defense budget South Korea 2006-2023
- Premium Statistic Ratio of military spending to national budget South Korea 2013-2023
- Premium Statistic Military expenditure as share of GDP South Korea 2003-2022
- Premium Statistic Value of defense burden sharing amount South Korea U.S. 2005-2022
Industry finances
7
- Premium Statistic Revenue of the defense industry South Korea 2009-2021
- Premium Statistic Revenue of the defense industry South Korea 2021, by sector
- Premium Statistic Operating profit of the defense industry South Korea 2016-2021
- Premium Statistic Facility investments of the defense industry South Korea 2016-2021
- Premium Statistic R&D investments of the defense industry South Korea 2016-2021
- Premium Statistic Total assets of the defense industry South Korea 2017-2021
- Premium Statistic Number of designated munitions South Korea 2022, by type
Exports
4
- Basic Statistic Market share of the leading exporters of major weapons 2018-2022
- Premium Statistic Arms and ammunition export value from South Korea 2000-2022
- Premium Statistic Tanks and other armored fighting vehicles export value from South Korea 2000-2022
- Premium Statistic Warships export value from South Korea 2006-2022
Imports
4
- Basic Statistic Market share of major arms imports by the largest importers 2018-2022
- Premium Statistic Arms and ammunition import value to South Korea 2000-2022
- Premium Statistic Tanks and other armored fighting vehicles import value to South Korea 2000-2022
- Premium Statistic Warships import value to South Korea 2005-2022
Key contractors
7
- Premium Statistic Number of defense contractors South Korea 2022, by sector
- Premium Statistic Revenue Hanwha Aerospace 2016-2022
- Premium Statistic Revenue Poongsan Corporation 2016-2022
- Premium Statistic Revenue of Hyundai Rotem 2016-2022
- Premium Statistic Revenue Korea Aerospace Industries 2016-2022
- Premium Statistic Revenue of LIG Nex1 2016-2021
- Basic Statistic Revenue of SNT Motiv 2016-2022
Further related statistics
20
- Military spending as percentage of real government spending South Korea 2011-2021
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- Military expenditure as percentage of government spending Malaysia 2012-2021
- Military expenditure as percentage of government spending Indonesia 2013-2022
- Military spending in Indonesia 2013-2022
- Military spending growth rate in Indonesia 2008-2017
- Military expenditure Malaysia 2012-2021
- Military expenditure in Singapore 2012-2021
- Military spending growth rate in Malaysia 2008-2017
- Military spending growth rate in Singapore 2008-2017
- Government defense expenditure as a share of real GDP Vietnam 2011-2020
- Annual government spending on defense Thailand 2010-2020
- Defense expenditure as a share of real government spending Vietnam 2011-2020
- Government defense expenditure as a share of GDP Thailand 2010-2020
- Annual government spending on defense Laos 2009-2014
- Defense expenditure as a share of real government spending Thailand 2010-2021
- Annual government spending on defense Brunei 2010-2019
- Government defense expenditure as a share of GDP Laos 2009-2014
- Army expenditure share in Italy 2018, by category
- Military expenditure as percentage of GDP in New Zealand 2003-2021
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Statistics
- Military spending as percentage of real government spending South Korea 2011-2021
- Military expenditure as share of government spending Singapore 2012-2021
- Military expenditure as percentage of government spending Malaysia 2012-2021
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- Military spending growth rate in Indonesia 2008-2017
- Military expenditure Malaysia 2012-2021
- Military expenditure in Singapore 2012-2021
- Military spending growth rate in Malaysia 2008-2017
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- Government defense expenditure as a share of real GDP Vietnam 2011-2020
- Annual government spending on defense Thailand 2010-2020
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- Annual government spending on defense Laos 2009-2014
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Statistics Korea. (July 5, 2023). Defense expenditure as a percentage of gross domestic product (GDP) in South Korea from 2003 to 2022 [Graph]. In Statista. Retrieved November 29, 2023, 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 2022." Chart. July 5, 2023. Statista. Accessed November 29, 2023. https://www.statista.com/statistics/1040709/south-korea-defense-expenditure-as-percentage-of-gdp/
Statistics Korea. (2023). Defense expenditure as a percentage of gross domestic product (GDP) in South Korea from 2003 to 2022. Statista. Statista Inc.. Accessed: November 29, 2023. 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 2022." Statista, Statista Inc., 5 Jul 2023, 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 2022 Statista, https://www.statista.com/statistics/1040709/south-korea-defense-expenditure-as-percentage-of-gdp/ (last visited November 29, 2023)
Defense expenditure as a percentage of gross domestic product (GDP) in South Korea from 2003 to 2022 [Graph], Statistics Korea, July 5, 2023. [Online]. Available: https://www.statista.com/statistics/1040709/south-korea-defense-expenditure-as-percentage-of-gdp/