Armaments, disarmament and international security, stockholm international peace research institute ( sipri ) license : Cc by-4. 0 linebarmap also show share details label. South korea military spending/defense budget for 2023 was 47. 93 billion us dollars, a 3. 36% increase from 2022.

Our biggest deal of the year —save 50% on mm max annual and unlock the full 2026 macro outlook series. Subscribe now. This sipri fact sheet examines the regional and national military expenditure data for 2024 and trends over the decade 2015–24. The data, which replaces all military spending data. This sipri fact sheet examines the regional and national military expenditure data for 2024 and trends over the decade 2015–24. The data, which replaces all military spending data. Military expenditure in south korea decreased to 47571. 30 usd million in 2024 from 47801. 90 usd million in 2023.

This sipri fact sheet examines the regional and national military expenditure data for 2024 and trends over the decade 2015–24. The data, which replaces all military spending data. Military expenditure in south korea decreased to 47571. 30 usd million in 2024 from 47801. 90 usd million in 2023. South korea military expenditure - values, historical data, forecasts and. Using data from the stockholm international peace research institute (sipri), we examine which countries allocate the most resources to their military, how global priorities have shifted, and.