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)
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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 May 09, 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 May 09, 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: May 09, 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 May 09, 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/