Military expenditure share of the budget in South Korea in 2024 — 11.32%. Ranked 24 in the world out of 144. Since 1995, the indicator has fallen by 8.99 pp.
1995–2024 · % of government expenditure
How the value compares with the world and the groups this territory belongs to: South Korea
| Year | % | Change, pp |
|---|---|---|
| 2024 | 11.32 | +0.09 pp |
| 2023 | 11.23 | +1.57 pp |
| 2022 | 9.66 | −1.21 pp |
| 2021 | 10.87 | −0.3 pp |
| 2020 | 11.17 | −0.67 pp |
| 2019 | 11.85 | −0.4 pp |
| 2018 | 12.25 | −0.08 pp |
| 2017 | 12.33 | −0.29 pp |
| 2016 | 12.62 | −0.02 pp |
| 2015 | 12.64 | −0.16 pp |
| 2014 | 12.8 | +0.23 pp |
| 2013 | 12.57 | −0.13 pp |
| 2012 | 12.71 | −0.26 pp |
| 2011 | 12.97 | −0.25 pp |
| 2010 | 13.22 | +0.43 pp |
| 2009 | 12.79 | +0.29 pp |
| 2008 | 12.5 | +0.43 pp |
| 2007 | 12.07 | −0.21 pp |
| 2006 | 12.28 | −0.28 pp |
| 2005 | 12.56 | +0.85 pp |
| 2004 | 11.71 | −0.47 pp |
| 2003 | 12.17 | −1.48 pp |
| 2002 | 13.66 | +0.2 pp |
| 2001 | 13.46 | −0.96 pp |
| 2000 | 14.42 | −0.11 pp |
| 1999 | 14.53 | −1.89 pp |
| 1998 | 16.42 | −1.75 pp |
| 1997 | 18.16 | −0.35 pp |
| 1996 | 18.51 | −1.79 pp |
| 1995 | 20.31 | — |
The same indicator for neighboring countries — with links to their pages
Military expenditure as a percent of total general government expenditure. Unlike the share of GDP it shows priorities inside the budget: a country can spend little on defense as a percent of GDP, yet with a small state that will be a substantial part of all government spending — and the other way round.
Important: The aggregate for country groups is weighted by government consumption in dollars: it makes up about two thirds of all budget spending, and the source does not publish budget expenditure in absolute terms.
Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.
The share of GDP a country spends on defense.
Economy Government consumption in US dollarsHow much the state spends on running itself: public sector wages, purchases, defense.
Economy Government consumption (% of GDP)The share of GDP taken by government final consumption spending.
Education Education expenditure (% of GDP)Government spending on education at all levels as a percentage of GDP.
