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

Local taxes collected in Gyeonggi Province came to 28.65 trillion won in 2023 (settled accounts), the 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 Gyeonggi Province collect?

Gyeonggi Province collected 25.1% 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 Gyeonggi Province?

Local tax per resident in Gyeonggi Province was 2,101,490 won in 2023, 7th 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 Gyeonggi Province?

Local tax per household in Gyeonggi Province was 4,791,160 won in 2023, 6th 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 Gyeonggi Province?

The fiscal independence ratio of Gyeonggi 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 53.1% in 2023 on a settled-accounts basis, 3rd 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 Gyeonggi Province compares with other provinces

Fiscal independence ratio (2023)

Gyeonggi Province ranks 3 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
1Ulsan127.0%
2Seoul64.1%
3Gyeonggi Province53.1%
4Incheon49.1%
5Sejong47.6%
6Busan46.0%
7Daegu42.5%
Source: Ministry of the Interior and Safety, published on KOSIS (Ministry of Data and Statistics) · saved copy

Local tax per resident (won) (2023)

Gyeonggi Province ranks 7 of 17, highest first.

RankRegionLocal tax per resident (won)
4South Jeolla Province2,265,920 won
5Ulsan2,260,460 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
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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