Gyeonggi-do City/Country Budget for 2019
KRW 62.3617 trillion/
Provincial Budget: KRW 24.3731 trillion
Gyeonggi Province’s 2019 total budget amounts to KRW 62.3617 trillion. The financial independence rate of Gyeonggi Province stands at 57.4%, which is higher than the national average of 51.4%.
2019 Gyeonggi Budget Table
|Division||Original Budget for 2019 (KRW 100 million)||Financial Independence Rate (%)|
|Gyeonggi Province||General accounts||210,974||57.4|
|Cities ㆍ Counties||General accounting||293,095||47.9(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)