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Military Expenditure (As % of GDP) in South Korea

Source: World Bank
Last Updated: October 23, 2023

Military expenditure as a share of gdp reached 2.72% in 2022 in South Korea, according to the SIPRI Military Expenditure Database. This is 3.25% less than in the previous year.

Historically, military expenditure as a share of GDP in South Korea reached an all time high of 8.33% in 1956 and an all time low of 2.32% in 2002.

South Korea has been ranked 27th within the group of 148 countries we follow in terms of military expenditure as a share of GDP.

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