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Government budget and revenue in Jeonbuk State, South Korea: official figures

Local taxes collected in Jeonbuk State came to 3.30 trillion won in 2023 (settled accounts), 7th lowest of 17. This covers the local taxes of the provincial or metropolitan government and of the cities, counties and districts inside it.

What share of South Korea's local taxes does Jeonbuk State collect?

Jeonbuk State collected 2.9% of all local tax in South Korea in 2023 (national total: 114.17 trillion won).

Source: Ministry of the Interior and Safety, published on KOSIS (Ministry of Data and Statistics) · saved copy

How much local tax does each person pay in Jeonbuk State?

Local tax per resident in Jeonbuk State was 1,880,480 won in 2023, 4th lowest of 17 (national: 2,224,420 won).

Source: Ministry of the Interior and Safety, published on KOSIS (Ministry of Data and Statistics) · saved copy

How much local tax does each household pay in Jeonbuk State?

Local tax per household in Jeonbuk State was 3,831,640 won in 2023, 3rd lowest of 17 (national: 4,773,980 won).

Source: Ministry of the Interior and Safety, published on KOSIS (Ministry of Data and Statistics) · saved copy

How financially independent is Jeonbuk State?

The fiscal independence ratio of Jeonbuk State, the share of its general account budget covered by its own revenue (local taxes and other own income) rather than central government transfers, was 23.0% in 2023 on a settled-accounts basis, 3rd lowest of 17 (national average: 40.1%).

Source: Ministry of the Interior and Safety, published on KOSIS (Ministry of Data and Statistics) · saved copy

How Jeonbuk State compares with other special self-governing provinces

Fiscal independence ratio (2023)

Jeonbuk State ranks 15 of 17, highest first. Share of the budget raised from own revenue. Settled-accounts basis, as published by the Ministry of the Interior and Safety.

RankRegionFiscal independence ratio
11South Chungcheong Province31.4%
12South Gyeongsang Province30.9%
13North Chungcheong Province29.0%
14North Gyeongsang Province23.1%
15Jeonbuk State23.0%
16Gangwon State22.3%
17South Jeolla Province22.1%
Source: Ministry of the Interior and Safety, published on KOSIS (Ministry of Data and Statistics) · saved copy

Local tax per resident (won) (2023)

Jeonbuk State ranks 14 of 17, highest first.

RankRegionLocal tax per resident (won)
11Busan1,995,940 won
12South Gyeongsang Province1,976,660 won
13Incheon1,970,200 won
14Jeonbuk State1,880,480 won
15Daegu1,779,870 won
16Gwangju1,720,790 won
17Daejeon1,709,310 won
Source: Ministry of the Interior and Safety, published on KOSIS (Ministry of Data and Statistics) · saved copy

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Sources

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