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Net income of the defense industry in South Korea from 2016 to 2023 (in billion South Korean won)

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Source

Release date

December 2024

Region

South Korea

Survey time period

2016 to 2023

Special properties

based on the defense-related net income of contractors

Supplementary notes

Figures have been rounded.

1,000 South Korean won equals 0.72 U.S. dollars or 0.64 euros as of May 2025.

Citation formats

Net income of the defense industry South Korea 2016-2023

Published by
Doris Dokua Sasu,
May 16, 2025

In 2023, the net income of the defense industry in South Korea exceeded ****trillion South Korean won. This was more than **that of the previous year, and the highest figure recorded during the surveyed years. The defense industry suffered a net loss in 2017, but was able to bounce back in the following years.

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