Minister of Economy and Finance (South Korea)
 | This article relies largely or entirely on a single source. (February 2024) |
| Minister of Economy and Finance | |
|---|---|
 Emblem of the Government of South Korea | |
| Ministry of Economy and Finance | |
| Style | His Excellency |
| Member of | Cabinet of South Korea |
| Reports to | President of South Korea |
| Appointer | President of South Korea with approbation of the South Korea National Assembly |
Minister of Economy and Finance (Korean: 기획재정부장관) is a member of the Cabinet of South Korea and is the leader and chief executive of the Ministry of Economy and Finance. In Korea, all minister nominees are required to undergo a parliamentary confirmation process, though the consent of the National Assembly is not necessary for appointment.[1]
The current minister is Choi Sang-mok, who took office on 29 December 2023.
| No. | Portrait | Minister | Term start | Term end | President |
|---|---|---|---|---|---|
| Minister of Finance | |||||
| 1 | 
|
Kim Do-yeon | 2 August 1948 | 22 April 1950 | First Republic of Korea |
| 2 | Choi Sun-ju | 25 April 1950 | 5 March 1951 | ||
| 3 | 
|
Baek Du-jin | 5 March 1951 | 9 September 1953 | |
| 4 | Park Hui-hyeon | 9 September 1953 | 30 June 1954 | ||
| 5 | Lee Jung-jyae | 30 June 1954 | 11 July 1955 | ||
| 6 | 
|
Kim Hyeon-chul | 11 July 1955 | 26 May 1956 | |
| 7 | In Tae-sik | 26 May 1956 | 9 June 1957 | ||
| 8 |
|
Kim Hyeon-chul | 9 June 1957 | 20 March 1959 | |
| 9 | Song In-sang | 20 March 1959 | 28 April 1960 | ||
| 10 | Yun Ho-byeong | 28 April 1960 | 19 August 1960 | ||
| 11 | Kim Young-sun | 23 August 1960 | 18 May 1961 | Second Republic of Korea | |
| 12 | Paik Sun-jin | 20 May 1961 | 22 June 1961 | Supreme Council for National Reconstruction | |
| 13 | Kim Yu-taek | 22 June 1961 | 16 July 1961 | ||
| 14 | Chun Byung-kyu | 22 July 1961 | 16 June 1962 | ||
| 15 | Kim Se-ryun | 18 June 1962 | 8 February 1963 | ||
| 16 | Hwang Jong-ryul | 8 February 1963 | 16 December 1963 | ||
| 17 | Park Dong-kyu | 17 December 1963 | 26 June 1964 | Third Republic of Korea | |
| 18 | Rhie Jung-han | 26 June 1964 | 5 December 1964 | ||
| 19 | Hong Seung-hi | 5 December 1964 | 16 November 1965 | ||
| 20 | Kim Chung-yum | 25 November 1965 | 26 September 1966 | ||
| 21 | Kim Hak-ryeol | 26 September 1966 | 27 December 1966 | ||
| 22 | Suh Bong-kyun | 27 December 1966 | 21 May 1968 | ||
| 23 | Hwang Jong-ryul | 21 May 1968 | 21 October 1969 | ||
| 24 | Nam Duck-woo | 21 October 1969 | 18 September 1974 | Fourth Republic of Korea | |
| 25 | Kim Yong-hwan | 18 September 1974 | 22 December 1978 | ||
| 26 | Kim Won-ki | 22 December 1978 | 22 May 1980 | ||
| 27 | Lee Seung-yun | 22 May 1980 | 4 January 1982 | ||
| 28 | Rha Woong-bae | 4 January 1982 | 24 June 1982 | Fifth Republic of Korea | |
| 29 | Kang Kyong-shik | 24 June 1982 | 15 October 1983 | ||
| 30 | Kim Mahn-je | 15 October 1983 | 8 January 1986 | ||
| 31 | Chung In-yong | 8 January 1986 | 26 May 1987 | ||
| 32 | Sakong Il | 26 May 1987 | 4 December 1988 | Roh Tae-woo | |
| 33 | Lee Kyu-sung | 5 December 1988 | 18 March 1990 | ||
| 34 | Chung Yung-euy | 19 March 1990 | 26 May 1991 | ||
| 35 | Rhee Yong-man | 27 May 1991 | 24 February 1993 | ||
| 36 | Hong Jae-hyong | 25 February 1993 | 4 October 1994 | Kim Young-sam | |
| 37 | Park Jae-yoon | 5 October 1994 | 23 December 1994 | ||
| Deputy Prime Minister and Minister of Finance and Economy (1994-1998) | |||||
| 1 | Hong Jae-hyong | 23 December 1994 | 20 December 1995 | Kim Young-sam | |
| 2 | Rha Woong-bae | 20 December 1995 | 8 August 1996 | ||
| 3 | 
|
Han Seung-soo | 8 August 1996 | 5 March 1997 | |
| 4 | Kang Kyong-shik | 5 March 1997 | 19 November 1997 | ||
| 5 | Lim Chang-yuel | 19 November 1997 | 5 March 1998 | ||
| Minister of Finance and Economy (1998-2001) | |||||
| 1 | Lee Kyu-sung | 5 March 1998 | 24 May 1999 | Kim Dae-jung | |
| 2 | Kang Bong-kyun | 24 May 1999 | 14 January 2000 | ||
| 3 | Lee Hun-jai | 14 January 2000 | 7 August 2000 | ||
| Deputy Prime Minister and Minister of Finance and Economy (2001-2008) | |||||
| 1 | Jin Nyum | 7 August 2000 | 15 April 2002 | Kim Dae-jung | |
| 2 | Jeon Yun-churl | 15 April 2002 | 27 February 2003 | ||
| 3 | 
|
Kim Jin-pyo | 27 February 2003 | 10 February 2004 | Roh Moo-hyun |
| 4 | Lee Hun-jai | 10 February 2004 | 7 March 2005 | ||
| 5 | 
|
Han Duck-soo | 14 March 2005 | 18 July 2006 | |
| 6 | Kwon O-kyu | 18 July 2006 | 29 February 2008 | ||
| Minister of Economy and Finance (2008-2013) | |||||
| 1 | Kang Man-soo | 29 February 2008 | 9 February 2009 | Lee Myung-bak | |
| 2 | .jpg)
|
Yoon Jeung-hyun | 10 February 2009 | 1 June 2011 | |
| 3 | 
|
Bahk Jae-wan | 2 June 2011 | 22 March 2013 | |
| Deputy Prime Minister and Minister of Economy and Finance (2013–present) | |||||
| 1 | Hyun Oh-seok | 22 March 2013 | 14 July 2014 | Park Geun-hye | |
| 2 | 
|
Choi Kyoung-hwan | 15 July 2014 | 12 January 2016 | |
| 3 | 
|
Yoo Il-ho | 13 January 2016 | 8 June 2017 | |
| 4 | 
|
Kim Dong-yeon | 9 June 2017 | 10 December 2018 | Moon Jae-in |
| 5 | 
|
Hong Nam-ki | 11 December 2018 | 9 May 2022 | |
| 6 | .jpg)
|
Choo Kyung-ho | 10 May 2022 | 28 December 2023 | Yoon Suk-yeol |
| 7 | Choi Sang-mok | 29 December 2023 | Incumbent | ||
See also[edit]
- Ministry of Economy and Finance (South Korea)
- Economy of South Korea
- Bank of Korea
- Statistics Korea
- Korea Financial Investment Association