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

Local taxes collected in Gangwon State came to 3.08 trillion won in 2023 (settled accounts), 6th 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 Gangwon State collect?

Gangwon State collected 2.7% 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 Gangwon State?

Local tax per resident in Gangwon State was 2,013,170 won in 2023, 9th 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 Gangwon State?

Local tax per household in Gangwon State was 4,043,640 won in 2023, 5th 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 Gangwon State?

The fiscal independence ratio of Gangwon 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 22.3% in 2023 on a settled-accounts basis, 2nd 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 Gangwon State compares with other special self-governing provinces

Fiscal independence ratio (2023)

Gangwon State ranks 16 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)

Gangwon State ranks 9 of 17, highest first.

RankRegionLocal tax per resident (won)
6North Chungcheong Province2,135,670 won
7Gyeonggi Province2,101,490 won
8North Gyeongsang Province2,062,850 won
9Gangwon State2,013,170 won
10Sejong2,008,740 won
11Busan1,995,940 won
12South Gyeongsang Province1,976,660 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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