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

Local taxes collected in North Gyeongsang Province came to 5.32 trillion won in 2023 (settled accounts), 6th 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 North Gyeongsang Province collect?

North Gyeongsang Province collected 4.7% 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 North Gyeongsang Province?

Local tax per resident in North Gyeongsang Province was 2,062,850 won in 2023, 8th 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 North Gyeongsang Province?

Local tax per household in North Gyeongsang Province was 4,102,040 won in 2023, 6th 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 North Gyeongsang Province?

The fiscal independence ratio of North Gyeongsang 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 23.1% in 2023 on a settled-accounts basis, 4th 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 North Gyeongsang Province compares with other provinces

Fiscal independence ratio (2023)

North Gyeongsang Province ranks 14 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)

North Gyeongsang Province ranks 8 of 17, highest first.

RankRegionLocal tax per resident (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
11Busan1,995,940 won
Source: Ministry of the Interior and Safety, published on KOSIS (Ministry of Data and Statistics) · saved copy

More on North Gyeongsang Province: overview · economy and jobs · health · education and schools · poverty and living standards · South Korea

Sources

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