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Government budget and revenue in Gwangju, South Korea: official figures

Local taxes collected in Gwangju came to 2.44 trillion won in 2023 (settled accounts), 3rd 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 Gwangju collect?

Gwangju collected 2.1% 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 Gwangju?

Local tax per resident in Gwangju was 1,720,790 won in 2023, 2nd 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 Gwangju?

Local tax per household in Gwangju was 3,726,090 won in 2023, 2nd 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 Gwangju?

The fiscal independence ratio of Gwangju, the share of its general account budget covered by its own revenue (local taxes and other own income) rather than central government transfers, was 37.3% in 2023 on a settled-accounts basis, 9th highest of 17 (national average: 40.1%).

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

How Gwangju compares with other metropolitan cities

Fiscal independence ratio (2023)

Gwangju ranks 9 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
6Busan46.0%
7Daegu42.5%
8Daejeon40.1%
9Gwangju37.3%
10Jeju Special Self-Governing Province34.2%
11South Chungcheong Province31.4%
12South Gyeongsang Province30.9%
Source: Ministry of the Interior and Safety, published on KOSIS (Ministry of Data and Statistics) · saved copy

Local tax per resident (won) (2023)

Gwangju ranks 16 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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