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Gyeonggi-do Budget

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
DivisionOriginal Budget for 2019 (KRW 100 million)Financial Independence Rate (%)
Gyeonggi ProvinceGeneral accounts210,97457.4
Special accounts32,757
Cities ㆍ CountiesGeneral accounting293,09547.9(average)
Special accounting86,971

※ Seoul (excluding districts) KRW 29.8011 trillion

Total revenue budget

(Unit: KRW million)

Total revenue budget
CategoryTotalGeneral AccountingSpecial Accounting
Local taxes11,607,70011,607,700
Income tax778,103432,021346,083
Local grant taxes190,376147,63642,740
Municipal bonds
Income supplement and internal transactions2,573,665879,1151,694,550

Total spending budget

(Unit: KRW million)

Total spending budget
CategoryTotalGeneral AccountingSpecial Accounting
Policy projects21,743,63119,269,2912,474,339
Autonomous projects10,928,7899,983,402945,386
Auxiliary projects10,814,8429,285,8891,528,953
Administrative operation costs1,156,821413,521743,300
Financing activities1,472,6881,414,63258,056

Welfare benefits (by type)

(Unit: KRW million)

Welfare benefits (by type)
CategoryMain Office
080 Social welfare9,578,0198,191,7131,386,306
081 Basic life insurance2,336,900950,5931,386,306
082 Support for vulnerable people1,418,4671,418,467
084 Child care and family/ women welfare2,859,6312,859,631
085 Elderly and youth care2,639,8202,639,820
086 Labor59,86559,865
087 Veteran
088 Housing
089 General Social Welfare263,337263,337

Refer to 2019 budget items on pages 52-53

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