South Korea Military expenditures

Factbook > Countries > South Korea > Military

Military expenditures: 2.3% of GDP (2016)
2.3% of GDP (2015)
2.64% of GDP (2014)
2.63% of GDP (2013)
2.61% of GDP (2012)

Definition: This entry gives spending on defense programs for the most recent year available as a percent of gross domestic product (GDP); the GDP is calculated on an exchange rate basis, i.e., not in terms of purchasing power parity (PPP).

Source: CIA World Factbook - This page was last updated on July 9, 2017

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