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Research and development (R&D) investments made by 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 R&D investments 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

R&D investments of the defense industry South Korea 2016-2023

Published by
Doris Dokua Sasu,
May 16, 2025

In 2023, the defense industry in South Korea invested around **** trillion South Korean won in new research and development (R&D) activities. This was an increase from the previous year, and the highest figure recorded during the surveyed period.

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Statistics on " Defense industry in South Korea "

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Other statistics that may interest you Defense industry in South Korea

Overview

5

Industry finances

7

Exports

5

Imports

5

Key contractors

7

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Topics

Defense industry in South KoreaNorth KoreaCyber security in South KoreaExports from South KoreaPolitics in South Korea
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