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Space development budget of South Korea from 2013 to 2023 (in billion South Korean won)

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Source

Release date

April 2023

Region

South Korea

Survey time period

2013 to 2023

Supplementary notes

Figures have been rounded.

1,000 South Korean won equals 0.77 U.S. dollars or 0.70 euros as of December 2023.

Citation formats

Space development budget South Korea 2013-2023

Published by
Doris Dokua Sasu,
Apr 17, 2023
In 2023, the development budget for the space industry in South Korea was approximately billion South Korean won. This was a large increase from the previous year, with the budget showing continuous growth since 2019. With the successful launch of the Nuri rocket (also known as KSLV-II) in 2022, South Korea became the ** country in the world that was able to put in orbit a satellite that weighs over *** metric ton.
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Overview

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