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Industry/Economy : The beautiful town of Gaya's culture,history,and tradition - Goryeong


Goryeong Love Gift Certificate

Goryeong Love Gift Certificate

Due to the population decline and the large store in the neighboring areas, the local market spending have dramatically shrank and faced economic recess so we started to issue Goryeong love gift certificate, to solve this problem and to activate the local economy and control external spending.

Business Summary

  • Foundation year: April, 1999
  • Type of gift cards: 2 types (10,000KRW, 50,000KRW)
  • Issued at: County Economic Relations Department
  • Can be purchased at: all financial institutions within the county
  • How to change it to cash
    • The store request for exchange the gift certificate from financial institutions → Goryeong National Agricultural Cooperative deposit to the business account

The Current Status of Gift Certificates

Year Amount of Usage (Unit: 1,000 KRW) Monthly Average Remark
5,040,630 440,140
1999 249,000 27,670 Issued since April
2000 603,205 50,270
2001 365,355 30,450
2002 406,690 33,890
2003 339,130 28,260
2004 640,290 53,400
2005 838,790 69,900
2006 810,970 67,850
2007 950,560 79,300
2008 1,236,275 103,020

History of Gift Certificate Issued

  • Unit: 1,000,000 KRW
History of Gift Certificate Issued
Content Inquiries
Pyo Yong-soo [City History Compilation Committee Tel :051-888-3467]
Last Modified
December 11, 2009
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