Trader consensus overwhelmingly backs the Democratic Party of Korea (DP) at 95.9% implied probability to secure the most victories in the 2026 South Korean local elections for governors, mayors, and council seats, propelled by President Yoon Suk Yeol's (People Power Party, PPP) short-lived martial law declaration on December 3, 2024, which National Assembly revoked hours later amid widespread protests and his approval ratings plunging below 20%. Ongoing impeachment proceedings, opposition-led rallies, and PPP infighting have solidified DP's frontrunner status (PPP at 3.4%), echoing how 2022 locals previewed national sentiment pre-scandal. Realistic challenges include Yoon's Constitutional Court acquittal, PPP policy rebounds on economy or North Korea, or a centrist surge, but crisis momentum favors DP dominance through the June 2026 vote.
Experimental AI-generated summary referencing Polymarket data · Updated2026 South Korean Local Elections: Party Winner
2026 South Korean Local Elections: Party Winner
Democratic Party of Korea (DP) 95.9%
People Power Party (PPP) 3.4%
Progressive Party (PP) <1%
Reform Party (RP) <1%
$2,047,195 Vol.
$2,047,195 Vol.
Jun 3, 2026
Democratic Party of Korea (DP)
96%
People Power Party (PPP)
3%
Progressive Party (PP)
<1%
Reform Party (RP)
<1%
Rebuilding Korea Party (RKP)
<1%
Democratic Party of Korea (DP) 95.9%
People Power Party (PPP) 3.4%
Progressive Party (PP) <1%
Reform Party (RP) <1%
$2,047,195 Vol.
$2,047,195 Vol.
Jun 3, 2026
Democratic Party of Korea (DP)
$430,781 Vol.
96%
People Power Party (PPP)
$985,466 Vol.
3%
Progressive Party (PP)
$278,478 Vol.
<1%
Reform Party (RP)
$126,302 Vol.
<1%
Rebuilding Korea Party (RKP)
$226,168 Vol.
<1%
South Korean local elections are scheduled to be held on June 3, 2026.
This market will resolve according to the party whose official candidates win the most head of local government (Mayor or Governor) elections for South Korea’s upper-level local governments during these elections.
A candidate will be considered an official candidate of a party if they are officially nominated by that party and are registered for the relevant election in affiliation with that party. Independent candidates will not count for any party.
South Korea’s upper-level local governments include the following cities and provinces:
Cities (mayoral elections): Seoul, Busan, Daegu, Incheon, Gwangju, Daejeon, Ulsan, & Sejong
Provinces (governor elections): Gyeonggi, North Chungcheong, South Chungcheong, North Jeolla, South Jeolla, North Gyeongsang, South Gyeongsang, Jeju, & Gangwon.
A party will have won as soon as it becomes mathematically impossible for any other party to equal or surpass its number of wins in these elections.
In the case of a tie between two or more parties for the greatest number of head of local government elections won, this market will resolve in favor of the party whose English name comes first in alphabetical order, as listed in this market group.
Resolution of this market will be based on the results of the relevant elections, once those results are official. This market will remain open until a party has won or until the results of all of the relevant elections are made official. If the results of any of the relevant 2026 South Korean local elections aren’t known by January 31, 2027 11:59 PM ET, the winning party will be determined based on the available results up to that point. If none of the results of the relevant 2026 Korean local elections are known by that time, this market will resolve to “Other”.
This market will resolve based on the results of the elections as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission.Trader consensus overwhelmingly backs the Democratic Party of Korea (DP) at 95.9% implied probability to secure the most victories in the 2026 South Korean local elections for governors, mayors, and council seats, propelled by President Yoon Suk Yeol's (People Power Party, PPP) short-lived martial law declaration on December 3, 2024, which National Assembly revoked hours later amid widespread protests and his approval ratings plunging below 20%. Ongoing impeachment proceedings, opposition-led rallies, and PPP infighting have solidified DP's frontrunner status (PPP at 3.4%), echoing how 2022 locals previewed national sentiment pre-scandal. Realistic challenges include Yoon's Constitutional Court acquittal, PPP policy rebounds on economy or North Korea, or a centrist surge, but crisis momentum favors DP dominance through the June 2026 vote.
South Korean local elections are scheduled to be held on June 3, 2026.
This market will resolve according to the party whose official candidates win the most head of local government (Mayor or Governor) elections for South Korea’s upper-level local governments during these elections.
A candidate will be considered an official candidate of a party if they are officially nominated by that party and are registered for the relevant election in affiliation with that party. Independent candidates will not count for any party.
South Korea’s upper-level local governments include the following cities and provinces:
Cities (mayoral elections): Seoul, Busan, Daegu, Incheon, Gwangju, Daejeon, Ulsan, & Sejong
Provinces (governor elections): Gyeonggi, North Chungcheong, South Chungcheong, North Jeolla, South Jeolla, North Gyeongsang, South Gyeongsang, Jeju, & Gangwon.
A party will have won as soon as it becomes mathematically impossible for any other party to equal or surpass its number of wins in these elections.
In the case of a tie between two or more parties for the greatest number of head of local government elections won, this market will resolve in favor of the party whose English name comes first in alphabetical order, as listed in this market group.
Resolution of this market will be based on the results of the relevant elections, once those results are official. This market will remain open until a party has won or until the results of all of the relevant elections are made official. If the results of any of the relevant 2026 South Korean local elections aren’t known by January 31, 2027 11:59 PM ET, the winning party will be determined based on the available results up to that point. If none of the results of the relevant 2026 Korean local elections are known by that time, this market will resolve to “Other”.
This market will resolve based on the results of the elections as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission.
This market will resolve according to the party whose official candidates win the most head of local government (Mayor or Governor) elections for South Korea’s upper-level local governments during these elections.
A candidate will be considered an official candidate of a party if they are officially nominated by that party and are registered for the relevant election in affiliation with that party. Independent candidates will not count for any party.
South Korea’s upper-level local governments include the following cities and provinces:
Cities (mayoral elections): Seoul, Busan, Daegu, Incheon, Gwangju, Daejeon, Ulsan, & Sejong
Provinces (governor elections): Gyeonggi, North Chungcheong, South Chungcheong, North Jeolla, South Jeolla, North Gyeongsang, South Gyeongsang, Jeju, & Gangwon.
A party will have won as soon as it becomes mathematically impossible for any other party to equal or surpass its number of wins in these elections.
In the case of a tie between two or more parties for the greatest number of head of local government elections won, this market will resolve in favor of the party whose English name comes first in alphabetical order, as listed in this market group.
Resolution of this market will be based on the results of the relevant elections, once those results are official. This market will remain open until a party has won or until the results of all of the relevant elections are made official. If the results of any of the relevant 2026 South Korean local elections aren’t known by January 31, 2027 11:59 PM ET, the winning party will be determined based on the available results up to that point. If none of the results of the relevant 2026 Korean local elections are known by that time, this market will resolve to “Other”.
This market will resolve based on the results of the elections as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission.
Market Opened: Dec 2, 2025, 5:04 PM ET
Volume
$2,047,195End Date
Jun 3, 2026Market Opened
Dec 2, 2025, 5:04 PM ETResolver
0x2F5e3684c...South Korean local elections are scheduled to be held on June 3, 2026.
This market will resolve according to the party whose official candidates win the most head of local government (Mayor or Governor) elections for South Korea’s upper-level local governments during these elections.
A candidate will be considered an official candidate of a party if they are officially nominated by that party and are registered for the relevant election in affiliation with that party. Independent candidates will not count for any party.
South Korea’s upper-level local governments include the following cities and provinces:
Cities (mayoral elections): Seoul, Busan, Daegu, Incheon, Gwangju, Daejeon, Ulsan, & Sejong
Provinces (governor elections): Gyeonggi, North Chungcheong, South Chungcheong, North Jeolla, South Jeolla, North Gyeongsang, South Gyeongsang, Jeju, & Gangwon.
A party will have won as soon as it becomes mathematically impossible for any other party to equal or surpass its number of wins in these elections.
In the case of a tie between two or more parties for the greatest number of head of local government elections won, this market will resolve in favor of the party whose English name comes first in alphabetical order, as listed in this market group.
Resolution of this market will be based on the results of the relevant elections, once those results are official. This market will remain open until a party has won or until the results of all of the relevant elections are made official. If the results of any of the relevant 2026 South Korean local elections aren’t known by January 31, 2027 11:59 PM ET, the winning party will be determined based on the available results up to that point. If none of the results of the relevant 2026 Korean local elections are known by that time, this market will resolve to “Other”.
This market will resolve based on the results of the elections as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission.Trader consensus overwhelmingly backs the Democratic Party of Korea (DP) at 95.9% implied probability to secure the most victories in the 2026 South Korean local elections for governors, mayors, and council seats, propelled by President Yoon Suk Yeol's (People Power Party, PPP) short-lived martial law declaration on December 3, 2024, which National Assembly revoked hours later amid widespread protests and his approval ratings plunging below 20%. Ongoing impeachment proceedings, opposition-led rallies, and PPP infighting have solidified DP's frontrunner status (PPP at 3.4%), echoing how 2022 locals previewed national sentiment pre-scandal. Realistic challenges include Yoon's Constitutional Court acquittal, PPP policy rebounds on economy or North Korea, or a centrist surge, but crisis momentum favors DP dominance through the June 2026 vote.
South Korean local elections are scheduled to be held on June 3, 2026.
This market will resolve according to the party whose official candidates win the most head of local government (Mayor or Governor) elections for South Korea’s upper-level local governments during these elections.
A candidate will be considered an official candidate of a party if they are officially nominated by that party and are registered for the relevant election in affiliation with that party. Independent candidates will not count for any party.
South Korea’s upper-level local governments include the following cities and provinces:
Cities (mayoral elections): Seoul, Busan, Daegu, Incheon, Gwangju, Daejeon, Ulsan, & Sejong
Provinces (governor elections): Gyeonggi, North Chungcheong, South Chungcheong, North Jeolla, South Jeolla, North Gyeongsang, South Gyeongsang, Jeju, & Gangwon.
A party will have won as soon as it becomes mathematically impossible for any other party to equal or surpass its number of wins in these elections.
In the case of a tie between two or more parties for the greatest number of head of local government elections won, this market will resolve in favor of the party whose English name comes first in alphabetical order, as listed in this market group.
Resolution of this market will be based on the results of the relevant elections, once those results are official. This market will remain open until a party has won or until the results of all of the relevant elections are made official. If the results of any of the relevant 2026 South Korean local elections aren’t known by January 31, 2027 11:59 PM ET, the winning party will be determined based on the available results up to that point. If none of the results of the relevant 2026 Korean local elections are known by that time, this market will resolve to “Other”.
This market will resolve based on the results of the elections as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission.
This market will resolve according to the party whose official candidates win the most head of local government (Mayor or Governor) elections for South Korea’s upper-level local governments during these elections.
A candidate will be considered an official candidate of a party if they are officially nominated by that party and are registered for the relevant election in affiliation with that party. Independent candidates will not count for any party.
South Korea’s upper-level local governments include the following cities and provinces:
Cities (mayoral elections): Seoul, Busan, Daegu, Incheon, Gwangju, Daejeon, Ulsan, & Sejong
Provinces (governor elections): Gyeonggi, North Chungcheong, South Chungcheong, North Jeolla, South Jeolla, North Gyeongsang, South Gyeongsang, Jeju, & Gangwon.
A party will have won as soon as it becomes mathematically impossible for any other party to equal or surpass its number of wins in these elections.
In the case of a tie between two or more parties for the greatest number of head of local government elections won, this market will resolve in favor of the party whose English name comes first in alphabetical order, as listed in this market group.
Resolution of this market will be based on the results of the relevant elections, once those results are official. This market will remain open until a party has won or until the results of all of the relevant elections are made official. If the results of any of the relevant 2026 South Korean local elections aren’t known by January 31, 2027 11:59 PM ET, the winning party will be determined based on the available results up to that point. If none of the results of the relevant 2026 Korean local elections are known by that time, this market will resolve to “Other”.
This market will resolve based on the results of the elections as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission.
Volume
$2,047,195End Date
Jun 3, 2026Market Opened
Dec 2, 2025, 5:04 PM ETResolver
0x2F5e3684c...Trader consensus overwhelmingly backs the Democratic Party of Korea (DP) at 95.9% implied probability to secure the most victories in the 2026 South Korean local elections for governors, mayors, and council seats, propelled by President Yoon Suk Yeol's (People Power Party, PPP) short-lived martial law declaration on December 3, 2024, which National Assembly revoked hours later amid widespread protests and his approval ratings plunging below 20%. Ongoing impeachment proceedings, opposition-led rallies, and PPP infighting have solidified DP's frontrunner status (PPP at 3.4%), echoing how 2022 locals previewed national sentiment pre-scandal. Realistic challenges include Yoon's Constitutional Court acquittal, PPP policy rebounds on economy or North Korea, or a centrist surge, but crisis momentum favors DP dominance through the June 2026 vote.
Experimental AI-generated summary referencing Polymarket data · Updated
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