Ministry of National Defense Republic of Korea

Status of the defense budget over the last 5 years

(unit : KRW billion)

Status of the defense budget over the last 5 years

Classification	2020	2021	2022	2023	2024
GDP	2,058,466	2,221,912	2,323,781	2,401,189	2,533,254
Government budget(general)	356,568	380,850	421,416	446,242	449,526
Defense budget(billion $)	50,153	52,840	54,611	57,014	59,424
Increase(%)	7.4	5.4	3.4	4.4	4.2
vs GDP(%)	2.44	2.38	2.35	2.37	2.35
vs Government budget(%)	14.1	13.9	13.0	12.8	13.2

2024 Defense budget(chart part)

(unit : KRW billion)

2023 Defense budget(chart part)

Classification	2024	share(%)
Defense budget	59,424.4	100.0
Force improvement program	17,653.2	29.7
Force maintenance	41,771.2	70.3
Personnel expense	21,699.0	36.5
Food & clothing	2,630.2	4.4
Defense informatization	761.0	1.3
Service members welfare	1,517.1	2.6
Logistics support	6,444.8	10.8
Training & education	870.1	1.5
Installation construction	5,111.8	8.6
Others	2,737.2	4.6