Democratic Party (South Korea, 1991)

The Democratic Party (민주당, Minju-dang) was a South Korean political party formed in 1991 through a merger of the New Democratic Republican Party, led by Kim Jong-pil, and a faction of the Democratic Party led by Lee Ki-taek. This faction had opposed the merger of the Democratic Party into the Grand Democratic Party (later renamed the Democratic Liberal Party) the previous year.

The newly formed Democratic Party sought to represent a center-right political position, advocating for economic growth and social stability. However, the party struggled to gain significant traction in the political landscape dominated by the ruling Democratic Liberal Party and the main opposition Democratic Party (led by Kim Dae-jung).

Internal divisions and a lack of a clear ideological identity hampered the Democratic Party's electoral prospects. In the 1992 legislative elections, the party won only a small number of seats.

Ultimately, the Democratic Party was short-lived. In 1995, it merged with other smaller parties, including a faction of the Democratic Party led by Kim Dae-jung, to form the United Democratic Party. This merger was largely motivated by a desire to consolidate opposition forces against the ruling party.