A view of the People Power Party headquarters in Yeouido, Seoul./Courtesy of News1

Last year, the People Power Party raised less in donations than The Progressive Party, the Justice Party, and the Reform Party. In average funds raised per lawmaker, the People Power Party also fell behind the Reform Party.

The National Election Commission on Mar. 6 released details on 2025 fundraising by central party sponsorship committees and lawmakers' sponsorship committees.

Among central party sponsorship committees, the Democratic Party of Korea raised the most with 1.347 billion won, followed by The Progressive Party with 971 million won, the Justice Party with 909 million won, and the Reform Party with 836 million won. The People Power Party, the main opposition, recorded 719 million won.

Kim Min-seok, the prime minister, ranked first in fundraising by lawmakers. Kim raised 329.53 million won last year. He was followed by People Power Party lawmaker Kim Seon-kyo (329.04 million won), Democratic Party lawmaker Park Seon-won (323.56 million won), Democratic Party lawmaker Cha Ji-ho (322.21 million won), and Reform Party leader Lee Jun-seok (321.87 million won).

The annual fundraising cap for lawmakers is 150 million won, but district lawmakers belonging to a party that nominated a presidential candidate in the last election may raise up to 300 million won. Under the Political Funds Act, if the cap is unavoidably exceeded while raising funds using credit cards, deposit accounts, telephone, or internet electronic payment systems, fundraising may exceed the annual cap by up to 20%.

The average amount raised per lawmaker last year was 200.76 million won. That was up by a little over 5 million won from the 2024 average of 195.84 million won. The Democratic Party raised an average of 228.32 million won, up from the previous year's 203.02 million won, while the People Power Party averaged 173.02 million won, down from the previous year's 197.22 million won.

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