Space development budget South Korea 2023, by sector
total budget for the domestic space industry was around 874.2 billion won that year. With the successful launch of the Nuri rocket (also known as KSLV-II) in 2022, South Korea became the seventh country in the world that was able to put in orbit a satellite that weighs over one metric ton.
In 2023, South Korea's space industry budget for developing relevant business and services was approximately 586.2 billion South Korean won. The