Military Expenditure in South Korea increased to 47770.90 USD Million in 2025 from 47604.60 USD Million in 2024. Military Expenditure in South Korea averaged 14031.44 USD Million from 1950 until 2025, reaching an all time high of 50873.80 USD Million in 2021 and a record low of 62.20 USD Million in 1953. source: SIPRI

Related	Last	Previous	Unit	Reference
Asylum Applications	18336.00	18837.00	Persons	Dec 2024
Credit Rating	86.00			May 2026
Fiscal Expenditure	124436.00	58532.00	KRW Billion	Feb 2026
Government Budget	-3.90	-2.60	percent of GDP	Dec 2024
Government Budget Value	-7086.00	14263.00	KRW Billion	Feb 2026
Government Debt to GDP	49.00	46.00	percent of GDP	Dec 2025
Government Revenues	117351.00	72795.00	KRW Billion	Feb 2026
Government Spending	104994.90	103620.70	KRW Billion	Dec 2025
Government Spending to GDP	35.60	37.02	percent of GDP	Dec 2023
Holidays
Military Expenditure	47770.90	47604.60	USD Million	Dec 2025