The eggs of Favonigobius gymnauchen attached on the under side of a small stone were collected off Seongsan-eup Cheju-do in August, 2000 to investigate their development of egg, larvae and juveniles. The fertilized eggs were elliptical in shape (mean long axis: 1.50 mm; mean short axis: 0.57 mm) and transparent. There were filaments on one side of the egg membrane. Larvae hatched at 48 hrs 50 mins after morula stage with 25-26 myotomes in $22.8-28.5^{circ}C;(mean;24.7^{circ}C).$ The newly hatched larvae were 2.31-2.49 mm (mean 2.37 mm n=10) in total length (TL) and their mouth and anus were already opened. Their melanophores were appeared on the over gas globule, around anus and the part of caudal peduncle with 24-25 myotomes. At 4-5 days after hatching. larvae attained 3.81-4.07 mm (mean 3.96 mm, n=10) in TL and their yolk sac was completely absorbed. They began to eat rotifer and transformed to postlarvae stage. At 14 days after hatching, postlarvae attained 6.17-6.31 mm (mean 6.21 mm, n=10) in TL and their caudal notocord was flexed $45^{circ}$ upward. At 24 days after hatching, postlarvae attained 8.69-9.10 mm (mean 8.87 mm, n=10) in TL had reached the juvenile stage. All fins were formed with the complete set of fin rays with the following counts: dorsal fin rays IV-I, 9-10; anal fin rays I, 9; pectoral fin rays 17; ventral fin rays: I, 5; caudal fin rays: 9+8= 17.