Gyeonggi-do City/Country Budget for 2017
KRW 50.5498 trillion/
Provincial Budget: KRW 19.6703 trillion
Gyeonggi Province’s 2017 total budget amounts to KRW 50.5498 trillion. The financial independence rate of Gyeonggi Province stands at 53.2%, which is higher than the national average of 44.5%.
2017 Gyeonggi Budget Table
|Division||Original Budget for 2017 (KRW 100 million)||Financial Independence Rate (%)|
|Gyeonggi Province||General accounts||169,758||53.2|
|Cities ㆍ Counties||General accounting||227,438||44.5(average)|
※ Seoul (excluding districts) KRW 29.8011 trillion
Gyeonggi Province is supporting vulnerable social groups (KRW 743,000 million / 10.9%) and childcare, families and women (KRW 2.6179 trillion / 38.3%) through the distribution of the welfare budget to the sectors of gender equality as well as health and welfare in 2017.
Welfare Budget in 2017 by Field (Organization)