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Government budget and revenue in South Chungcheong Province, South Korea: official figures

Local taxes collected in South Chungcheong Province came to 5.20 trillion won in 2023 (settled accounts), 7th highest 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 South Chungcheong Province collect?

South Chungcheong Province collected 4.6% 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 South Chungcheong Province?

Local tax per resident in South Chungcheong Province was 2,439,490 won in 2023, 3rd highest 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 South Chungcheong Province?

Local tax per household in South Chungcheong Province was 5,018,510 won in 2023, 4th highest 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 South Chungcheong Province?

The fiscal independence ratio of South Chungcheong Province, the share of its general account budget covered by its own revenue (local taxes and other own income) rather than central government transfers, was 31.4% in 2023 on a settled-accounts basis, 7th 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 South Chungcheong Province compares with other provinces

Fiscal independence ratio (2023)

South Chungcheong Province ranks 11 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
8Daejeon40.1%
9Gwangju37.3%
10Jeju Special Self-Governing Province34.2%
11South Chungcheong Province31.4%
12South Gyeongsang Province30.9%
13North Chungcheong Province29.0%
14North Gyeongsang Province23.1%
Source: Ministry of the Interior and Safety, published on KOSIS (Ministry of Data and Statistics) · saved copy

Local tax per resident (won) (2023)

South Chungcheong Province ranks 3 of 17, highest first.

RankRegionLocal tax per resident (won)
1Seoul2,983,690 won
2Jeju Special Self-Governing Province2,767,930 won
3South Chungcheong Province2,439,490 won
4South Jeolla Province2,265,920 won
5Ulsan2,260,460 won
6North Chungcheong Province2,135,670 won
7Gyeonggi Province2,101,490 won
Source: Ministry of the Interior and Safety, published on KOSIS (Ministry of Data and Statistics) · saved copy

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