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2010 - South Korean Government Space Budget

In calendar year 2010, South Korea spent an estimated ## billion won (US$## million) on civil space, a ##% decrease from the 2009 budget of ## billion won ($##million). South Korea’s 2010 planned civil space spending constitutes approximately ##% of the country’s ## trillion won (US$## billion) national budget. Civil space activities in South Korea are carried out by the Korea Aerospace Research Institute (KARI) and the Korea Advanced Institute of Science and Technology (KAIST). During 2010, South Korean space activities included the launch of the Communication, Ocean and Meteorological Satellite (COMS-1) and a second attempted flight of the Korea Space Launch Vehicle-1 (KSLV-1), South Korea’s space launch vehicle.


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