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

Local taxes collected in Daegu came to 4.19 trillion won in 2023 (settled accounts), 8th 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 Daegu collect?

Daegu collected 3.7% 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 Daegu?

Local tax per resident in Daegu was 1,779,870 won in 2023, 3rd 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 Daegu?

Local tax per household in Daegu was 3,874,100 won in 2023, 4th 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 Daegu?

The fiscal independence ratio of Daegu, the share of its general account budget covered by its own revenue (local taxes and other own income) rather than central government transfers, was 42.5% in 2023 on a settled-accounts basis, 7th 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 Daegu compares with other metropolitan cities

Fiscal independence ratio (2023)

Daegu ranks 7 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
4Incheon49.1%
5Sejong47.6%
6Busan46.0%
7Daegu42.5%
8Daejeon40.1%
9Gwangju37.3%
10Jeju Special Self-Governing Province34.2%
Source: Ministry of the Interior and Safety, published on KOSIS (Ministry of Data and Statistics) · saved copy

Local tax per resident (won) (2023)

Daegu ranks 15 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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