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South Korea Defense Budget 

By: Zimbler0 in 6TH POPE | Recommend this post (1)
Tue, 08 Dec 20 9:03 PM | 31 view(s)
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http://www.strategypage.com/qnd/korea/articles/20201208.aspx

December 2, 2020: South Korea is spending $49 billion on defense during 2021. That’s a 5.2 percent increase over 2020. In 2019 South Korea spent $43 billion on its military. That was nearly as much as Japan, which has a much larger economy. The 2018 South Korea budget had the largest increase (6.9 percent) in the defense budget since 2009. Although North Korea openly complains about how unfair and unfriendly these increases are, they are a direct result of the increasing threat from North Korea. The annual South Korean defense budget is more than a third larger than the annual GDP of North Korea, which spends about a third of GDP on defense compared to less than three percent in South Korea.

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Note where it said South Korea's defense budget is more than a third larger that the annual GDP of North Korea.

Also, the entire article points out that while N. Korea denies any 'wuhan flu' cases . . . They have had lots of covid deaths.

Zim.




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