South Korean legislative election, 1992

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24 March 1992

1996 →

All 299 seats to the National Assembly of South Korea
150 seats needed for a majority

Turnout

71.9%

	Majority party	Minority party	Third party

Leader	Roh Tae-woo	Kim Dae-jung	Chung Ju-yung
Party	Democratic Liberal	Democratic	United People's
Leader since	10 July 1987 (DJP) March 1990	12 November 1987 (PDP) 16 September 1991	Feb 1992
Leader's seat	not contesting (President)	PR List 1	PR List 3
Last election	125 seats, 34.0%(DJP)	70 seats, 29.2%(PDP)	none
Seats before	218	76	none(?)
Seats won	149	97	31
Seat change	69	21	31
Popular vote	7,923,718	6,004,578	3,574,419
Percentage	38,5%	29.2%	17.4

Parliamentary elections were held in South Korea on 25 March 1992. The result was a victory for the Democratic Liberal Party, which won 149 of the 299 seats in the National Assembly. However, DLP's seats shorten from 218 to 149 seats, less than half of whole seats, so this regarded as retreat. Voter turnout was 71.9%.

The ruling Democratic Liberal Party was formed in 1990 through the merger of the former ruling Democratic Justice Party along with two opposition parties, the Reunification Democratic Party (RDP) and the New Democratic Republican Party (NDRP). DLP gain 218 seats, which is bigger than 2/3 of whole seats. The party supported President Roh Tae-woo and included among its members former opposition leader Kim Young-sam and former Prime Minister of South Korea Kim Jong-pil.

The leading opposition party was the Democratic Party. It was formed in 1991 through the merger of the Party for Peace and Democracy led by Kim Dae Jung and former members of the NDRP with the minor Democratic Party. The party was co-led by Kim and Lee Kitack. DP got 97 seats, which was almost reach 100 seats (one third of the whole seats) for "protect constitution".

The United People's Party was a conservative, centrist, Economic nationalism, pro-business party led by businessmen Chung Ju Yung of hyundai. The party campaigned heavily on the issue of the economy and the poor record of President Roh's government. Despite of new party, UPP won 31 seats, which is more than 10% of the seats with 17.4% of vote. It joined the opposition.

These major three parties competed in presidential elections on 19 December, which ended with DLP candidate, Kim Young-sam's victory.

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