South Korea | Military expenditure (% of GDP)

# **Military expenditure (% of GDP)** **Military expenditure (% of GDP)** refers to the percentage of a country's **gross domestic product (GDP)** allocated to **military spending**. This includes all **current and capital expenditures** on the **armed forces**, such as: - **Salaries** - **Pensions** - **Arms and equipment purchases** - **Maintenance of buildings** - **Operations** The **chart** illustrates the **percentage of GDP** spent on **military expenditure** in **South Korea** over a period of **23 years**, from **2000 to 2022**.

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