Republic of Korea vs Luxembourg: Income share held by highest 20%
Republic of Korea
40.3%
in 2021
Luxembourg
40.7%
in 2023
Republic of Korea rank
78th
Luxembourg rank
75th
Income share held by highest 20% over time
- Republic of Korea
- Luxembourg
How they compare
Luxembourg currently reports 40.7% against 40.3% in Republic of Korea, a difference of 0.4%.
The two have swapped places 5 times across 11 shared years of data; in 2006 it was Luxembourg ahead.
Republic of Korea ranks 78th and Luxembourg ranks 75th of 123 countries.
Across the 3 decades both report, Republic of Korea averaged higher in 1 and Luxembourg in 2.
Head to head by decade
| Decade | Republic of Korea | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 39.5% | 40.1% | 0.6% | Luxembourg |
| 2010s | 40.3% | 40.5% | 0.2% | Luxembourg |
| 2020s | 40.3% | 40.2% | 0.0% | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher income share held by highest 20%, Republic of Korea or Luxembourg?
- Luxembourg, at 40.7% against 40.3% in Republic of Korea as of 2023.
- What is the difference in income share held by highest 20% between Republic of Korea and Luxembourg?
- 0.4%, with Luxembourg ahead.
- How many years of comparable data are there for Republic of Korea and Luxembourg?
- 11 years are reported by both, from 2006 to 2021.
- How do Republic of Korea and Luxembourg rank globally for income share held by highest 20%?
- Republic of Korea ranks 78th and Luxembourg ranks 75th of 123 countries.
- Where does this data come from?
- World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as Income share held by highest 20%. Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.