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Military Expenditures (As % of Government Expenditure) in South Korea

Source: World Bank
Last Updated: October 23, 2023

Military expenditures as a share of government expenditure reached 10.6% in 2022 in South Korea, according to the SIPRI Military Expenditure Database. This is 1.71% less than in the previous year.

Historically, military expenditures as a share of government expenditure in South Korea reached an all time high of 45.1% in 1978 and an all time low of 10.6% in 2022.

South Korea has been ranked 24th within the group of 142 countries we follow in terms of military expenditures as a share of government expenditure.

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