In 2023, the South Korean government provided approximately 47.6 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 elections and local elections were held in the same year.
Public subsidies provided to political parties in South Korea from 2014 to 2023
(in billion South Korean won)
Characteristic
Subsidies in billion South Korean won
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NEC (South Korea). (February 1, 2024). Public subsidies provided to political parties in South Korea from 2014 to 2023 (in billion South Korean won) [Graph]. In Statista. Retrieved July 22, 2024, 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 2023 (in billion South Korean won)." Chart. February 1, 2024. Statista. Accessed July 22, 2024. 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 2023 (in billion South Korean won). Statista. Statista Inc.. Accessed: July 22, 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 2023 (in Billion South Korean Won)." Statista, Statista Inc., 1 Feb 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 2023 (in billion South Korean won) Statista, https://www.statista.com/statistics/1455214/south-korea-subsidies-provided-to-political-parties/ (last visited July 22, 2024)
Public subsidies provided to political parties in South Korea from 2014 to 2023 (in billion South Korean won) [Graph], NEC (South Korea), February 1, 2024. [Online]. Available: https://www.statista.com/statistics/1455214/south-korea-subsidies-provided-to-political-parties/