Basic Income Party
| Basic Income Party 기본소득당 | |
|---|---|
| Leader | Yong Hye-in | 
| Secretary-General | Kwon Eun-hee | 
| Floor Leader | Yong Hye-in | 
| Chair of the Policy Planning Committee | Keum Min | 
| Founded | 19 January 2020 | 
| Split from | Labor Party | 
| Membership (2023) | 23,271 | 
| Ideology | |
| National affiliation | New 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 | |
| Korean name | |
| Hangul | 기본소득당 | 
| Hanja | 基本所得黨 | 
| RR | Gibon sodeukdang | 
| MR | Kibon 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.