Budget

Gyeonggi-do City/Country Budget for 2023

KRW 81.2414 trillion/
Provincial Budget: KRW 33.8105 trillion

Gyeonggi Province’s 2023 total budget amounts to KRW 81.2414 trillion. The financial independence rate of Gyeonggi Province stands at 60.5%, which is higher than the national average of 45%.

2023 Gyeonggi Budget Table
Division	Original Budget for 2023 (KRW 100 million)		Financial Independence Rate (%)
Gyeonggi Province	General accounts	299,770	51.9
	Special accounts	38,334
	Total	338,105
Cities ㆍ Counties	General accounting	407,296	38.8(average)
	Special accounting	67,013
	Total	474,309

Total revenue budget

(Unit: KRW million)

Total revenue budget
Category		Total	General Accounting	Special Accounting
Total		33,810,455	29,977,018	3,833,437
	Local taxes	16,024,600	16,024,600	–
	non-tax receipts	1,045,042	587,433	457,609
	Local grant taxes	316,213	206,593	109,620
	Subsidies	14,232,411	12,527,219	1,705,192
	Municipal bonds		–	–
	Income supplement and internal transactions	2,192,187	631,172	1,561,015

Total spending budget

(Unit: KRW million)

Total spending budget
Category		Total	General Accounting	Special Accounting
Total		33,810,455	29,977,018	3,833,437
Policy projects		30,680,436	27,791,509	2,888,927
	Autonomous projects	14,225,061	13,564,500	660,561
	Auxiliary projects	16,455,375	14,227,009	2,228,366
Administrative operation costs		1,440,716	549,522	891,194
Financing activities		1,689,301	1,635,986	53,315

Welfare benefits (by type)

(Unit: KRW million)

Welfare benefits (by type)
Category	Main Office
Category	Total	General	Special
080 Social welfare	14,887,978	12,919,848	1,968,130
081 Basic life insurance	4,487,351	2,519,221	1,968,130
082 Support for vulnerable people	2,259,006	2,259,006	–
084 Child care and family/ women welfare	3,746,507	3,746,507	–
085 Elderly and youth care	4,306,852	4,306,852	–
086 Labor	88,264	88,264	–
087 Veteran	–	–	–
088 Housing	–	–	–
089 General Social Welfare	–	–	–

We are proud of all we have to offer our residents.
Here, you can find information on working in Korea,
medical care and living information

Meet the past and the future of Gyeonggi-do.
You will discover the arts and culture
unique to Gyeonggi-do.

Whether you run a small business or
major corporation, Gyeonggi-do provides the business
environment and support your company
needs to succeed and grow.

Obtain a wide range of useful information
on Gyeonggi-do here.

Come visit the attractive cities of Gyeonggi-do
and enjoy an extensive range of attractions.

Gyeonggi-do Budget

Gyeonggi-do City/Country Budget for 2023

Total revenue budget

Total spending budget

Welfare benefits (by type)

We are proud of all we have to offer our residents.Here, you can find information on working in Korea, medical care and living information

Meet the past and the future of Gyeonggi-do.You will discover the arts and culture unique to Gyeonggi-do.

Whether you run a small business ormajor corporation, Gyeonggi-do provides the businessenvironment and support your companyneeds to succeed and grow.​​

Obtain a wide range of useful information on Gyeonggi-do here.

Come visit the attractive cities of Gyeonggi-do and enjoy an extensive range of attractions.

BUDGET

Gyeonggi-do Budget

Gyeonggi-do City/Country Budget for 2023

Total revenue budget

Total spending budget

Welfare benefits (by type)

We are proud of all we have to offer our residents.
Here, you can find information on working in Korea,
medical care and living information

Meet the past and the future of Gyeonggi-do.
You will discover the arts and culture
unique to Gyeonggi-do.

Whether you run a small business or
major corporation, Gyeonggi-do provides the business
environment and support your company
needs to succeed and grow.

Obtain a wide range of useful information
on Gyeonggi-do here.

Come visit the attractive cities of Gyeonggi-do
and enjoy an extensive range of attractions.