Basic Income Party

Basic Income Party
기본소득당
LeaderYong Hye-in
Secretary-GeneralKwon Eun-hee
Floor LeaderYong Hye-in
Chair of the Policy Planning CommitteeKeum Min
Founded19 January 2020
Split fromLabor Party
Membership (2023) 23,271
Ideology
National affiliationNew Progressive Alliance
Colors  Mint green
  Dark green
National Assembly
1 / 300
Municipal mayor and Gubernatorial
0 / 17
Municipal Mayors
0 / 26
Local Government
0 / 2,988
Party flag
Website
basicincomeparty.kr

Korean name
Hangul
기본소득당
Hanja
基本所得黨
RRGibon sodeukdang
MRKibon sodŭktang

The Basic Income Party (BIP; Korean: 기본소득당) is a single-issue political party in South Korea advocating for a universal basic income (UBI). For the 2024 Parliamentary election, the Basic Income Party formed a coalition with the Open Democratic Party and the Social Democratic Party, called the New Progressive Alliance.