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The 'Epic' 1,500 Trillion Won Bill... In the End, the Poor Pay the Price [Data Pick]

Associated Press Yonhap News
Associated Press Yonhap News
DATA PICK

Epic Fury('Epic Fury')
Only a 1,500 Trillion Won Bill Remains


The U.S. Department of Defense initially briefed that military expenses for the first six days of the war

amounted to 11.3 billion dollars (approximately 1.67 trillion won),

but it is widely believed that even this figure is a significant underestimate.

Furthermore, some analyses indicate that the total cost of the war over ten years

will exceed 1 trillion dollars (about 1,480 trillion won).

COST ESTIMATION

Exceeding 1 Trillion Dollars Over the Next 10 Years

1,000,000,000,000 Dollars= About 1,480 Trillion Won- Linda Bilmes, Public Finance Expert at Harvard University

The direct cost that the United States will have to pay for the war with Iran is expected to exceed 1 trillion dollars. Factoring in the broader shock to the global economy, the actual damage is almost impossible to estimate.

Official Announcement by the U.S. Department of Defense (Military Expenses for the First 6 Days)11.3 Billion Dollars (About 1.67 Trillion Won)
"A significant underestimate... costs continue to accumulate over time"

"Bombs kill people, but so do economic aftershocks.

The pain is never distributed equally, and rising costs of energy, food, and fertilizer will hit the poorest and most import-dependent countries the hardest."

- THE GUARDIAN

On April 17, 2026, residents walk past the debris of buildings destroyed after the ceasefire between Israel and Hezbollah in Dahieh, southern suburbs of Beirut, Lebanon. (left) On April 20, 2026, a woman stands next to the debris of buildings destroyed after the ceasefire between Hezbollah and Israel in Dahieh, southern suburbs of Beirut, Lebanon. Photo by AP Yonhap News

HOUSEHOLD & GLOBAL IMPACT

The Shock That Sweeps Across Everyday Life Beyond the Front Line

Average Annual Burden per U.S. HouseholdAbout 610,000 won

(USD 410)

Estimate by the American Enterprise Institute (AEI)
Average Annual Burden per U.K. HouseholdAbout 970,000 won

(GBP 480)

Regional Economy

Arab Nations
Facing Economic Contraction

Up to 286 Trillion Won

Within just one month of the outbreak of war, the scale of economic contraction reached between 120 billion and 194 billion dollars.

Humanitarian Crisis

Population Facing Severe Food Shortages

+45 Million People

The number of people suffering from acute food shortages is rapidly increasing, especially in Asia and Africa.

Money Wasted by WarCOST OF WAR
=
Lives That Could Be Saved with That Money87 Million People

"The fact that money that could have saved 87 million lives is being wasted on taking lives is horrific."
"The fact that money that could have saved 87 million lives is being wasted on taking lives is horrific."
"The economic fallout from this war will cost even more lives. Peace arriving tomorrow will not undo the damage already done. But the longer the war drags on, the greater the destruction will be."

- Tom Fletcher, UN Assistant Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator

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