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

Local taxes collected in Ulsan came to 2.49 trillion won in 2023 (settled accounts), 5th 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 Ulsan collect?

Ulsan collected 2.2% 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 Ulsan?

Local tax per resident in Ulsan was 2,260,460 won in 2023, 5th 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 Ulsan?

Local tax per household in Ulsan was 5,084,240 won in 2023, 3rd 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 Ulsan?

The fiscal independence ratio of Ulsan, the share of its general account budget covered by its own revenue (local taxes and other own income) rather than central government transfers, was 127.0% in 2023 on a settled-accounts basis, the 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 Ulsan compares with other metropolitan cities

Fiscal independence ratio (2023)

Ulsan ranks 1 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)

Ulsan ranks 5 of 17, highest first.

RankRegionLocal tax per resident (won)
2Jeju Special Self-Governing Province2,767,930 won
3South Chungcheong Province2,439,490 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
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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