Seoul City Price Countermeasure Committee Deliberations Concluded

The taxi stand at Seoul Station on the 4th, when the Ministry of Land, Infrastructure and Transport announced measures to alleviate the late-night taxi shortage. On this day, the Ministry announced a plan to raise the call fee by up to 5,000 won when hailing a taxi between 10 p.m. and 3 a.m. in the metropolitan area. Photo by Moon Honam munonam@

The taxi stand at Seoul Station on the 4th, when the Ministry of Land, Infrastructure and Transport announced measures to alleviate the late-night taxi shortage. On this day, the Ministry announced a plan to raise the call fee by up to 5,000 won when hailing a taxi between 10 p.m. and 3 a.m. in the metropolitan area. Photo by Moon Honam munonam@

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[Asia Economy Reporter Lim Cheol-young] Starting this December, the late-night surcharge application time for Seoul taxis will be moved up to 10 PM, and the maximum surcharge rate will increase from 20% to up to 40%. Additionally, from February next year, the base fare will rise by 1,000 won from 3,800 won to 4,800 won.


On the 25th, the Seoul Price Countermeasure Committee announced that it has completed the review of the "Taxi Late-Night Surcharge and Fare Adjustment Decision," which includes these details. This will be the first increase in Seoul taxi base fares in over four years since 2019.


With this review, from December, the late-night surcharge period for Seoul's mid-sized taxis will be extended by two hours from 10 PM to 4 AM the next day, and the surcharge rate will also rise from 20% to 40%. Between 11 PM and 2 AM, when passenger demand is high, a basic surcharge rate of 40% will be applied. Furthermore, starting February 1 next year, the base fare for mid-sized taxis will increase by 1,000 won from 3,800 won to 4,800 won. The base distance will be shortened from 2 km to 1.6 km.


In addition, the adjustment plan includes the introduction of a 20% late-night and off-hour surcharge starting in December for 'Mobeom (Deluxe) and Large taxis,' which previously had no late-night surcharge, as well as a 500 won increase in the base fare from 6,500 won to 7,000 won starting February next year. The section and charter fares for foreign tourist taxis have also been raised by 5,000 to 10,000 won in line with the fare adjustments for mid-sized, Mobeom, and large taxis.



Going forward, Seoul City plans to implement the fare adjustment plan step-by-step after reporting the fares according to the Passenger Transport Service Act, reflecting the opinions of the Seoul Metropolitan Council and the results of the Price Countermeasure Committee's review.


This content was produced with the assistance of AI translation services.

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