Canada vs Republic of Korea: Prosperity gap
Canada
0.7 average shortfall from a prosperity standard of $28/day
in 2022
Republic of Korea
0.7 average shortfall from a prosperity standard of $28/day
in 2021
Canada rank
110th
Republic of Korea rank
110th
Prosperity gap over time
- Canada
- Republic of Korea
How they compare
Canada currently reports 0.7 average shortfall from a prosperity standard of $28/day against 0.7 average shortfall from a prosperity standard of $28/day in Republic of Korea, a difference of 0 average shortfall from a prosperity standard of $28/day.
Across all 11 years both countries report, Republic of Korea has been ahead every year.
Canada ranks 110th and Republic of Korea ranks 110th of 123 countries.
Republic of Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Canada | Republic of Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.7 average shortfall from a prosperity standard of $28/day | 1.2 average shortfall from a prosperity standard of $28/day | 0.5 average shortfall from a prosperity standard of $28/day | Republic of Korea |
| 2010s | 0.6571 average shortfall from a prosperity standard of $28/day | 0.9286 average shortfall from a prosperity standard of $28/day | 0.2714 average shortfall from a prosperity standard of $28/day | Republic of Korea |
| 2020s | 0.55 average shortfall from a prosperity standard of $28/day | 0.7 average shortfall from a prosperity standard of $28/day | 0.15 average shortfall from a prosperity standard of $28/day | Republic of Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher prosperity gap, Canada or Republic of Korea?
- Canada, at 0.7 average shortfall from a prosperity standard of $28/day against 0.7 average shortfall from a prosperity standard of $28/day in Republic of Korea as of 2022.
- What is the difference in prosperity gap between Canada and Republic of Korea?
- 0 average shortfall from a prosperity standard of $28/day, with Canada ahead.
- How many years of comparable data are there for Canada and Republic of Korea?
- 11 years are reported by both, from 2006 to 2021.
- How do Canada and Republic of Korea rank globally for prosperity gap?
- Canada ranks 110th and Republic of Korea ranks 110th 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 Prosperity gap (average shortfall from a prosperity standard of $28/day). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.