In 2023, the South Korean government provided approximately 101 billion South Korean won in subsidies to political parties. The amount of subsidies has fluctuated over the past ten years, with additional subsidies being granted during election periods. The highest amount of subsidies was granted in 2022, when both presidential and local elections were held in the same year.
Public subsidies provided to political parties in South Korea from 2014 to 2024
(in billion South Korean won)
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Public subsidies provided to political parties in South Korea from 2014 to 2024
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NEC (South Korea). (December 12, 2024). Public subsidies provided to political parties in South Korea from 2014 to 2024 (in billion South Korean won) [Graph]. In Statista. Retrieved February 04, 2025, from https://www.statista.com/statistics/1455214/south-korea-subsidies-provided-to-political-parties/
NEC (South Korea). "Public subsidies provided to political parties in South Korea from 2014 to 2024 (in billion South Korean won)." Chart. December 12, 2024. Statista. Accessed February 04, 2025. https://www.statista.com/statistics/1455214/south-korea-subsidies-provided-to-political-parties/
NEC (South Korea). (2024). Public subsidies provided to political parties in South Korea from 2014 to 2024 (in billion South Korean won). Statista. Statista Inc.. Accessed: February 04, 2025. https://www.statista.com/statistics/1455214/south-korea-subsidies-provided-to-political-parties/
NEC (South Korea). "Public Subsidies Provided to Political Parties in South Korea from 2014 to 2024 (in Billion South Korean Won)." Statista, Statista Inc., 12 Dec 2024, https://www.statista.com/statistics/1455214/south-korea-subsidies-provided-to-political-parties/
NEC (South Korea), Public subsidies provided to political parties in South Korea from 2014 to 2024 (in billion South Korean won) Statista, https://www.statista.com/statistics/1455214/south-korea-subsidies-provided-to-political-parties/ (last visited February 04, 2025)
Public subsidies provided to political parties in South Korea from 2014 to 2024 (in billion South Korean won) [Graph], NEC (South Korea), December 12, 2024. [Online]. Available: https://www.statista.com/statistics/1455214/south-korea-subsidies-provided-to-political-parties/
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