Denmark vs South Korea: Prosperity gap (average shortfall from a prosperity standard)
Prosperity gap (average shortfall from a prosperity standard) over time
- Denmark
- South Korea
How they compare
Denmark currently reports 0.8 average shortfall from a prosperity standard of $28/day against 0.7 average shortfall from a prosperity standard of $28/day in South Korea, a difference of 0.1 average shortfall from a prosperity standard of $28/day.
That makes Denmark's figure about 1.1 times South Korea's.
Across all 11 years both countries report, South Korea has been ahead every year.
Denmark ranks 107th and South Korea ranks 110th of 123 countries.
South Korea has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Denmark | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.6 average shortfall from a prosperity standard of $28/day | 1.2 average shortfall from a prosperity standard of $28/day | 0.6 average shortfall from a prosperity standard of $28/day | South Korea |
| 2010s | 0.6429 average shortfall from a prosperity standard of $28/day | 0.9286 average shortfall from a prosperity standard of $28/day | 0.2857 average shortfall from a prosperity standard of $28/day | South Korea |
| 2020s | 0.6 average shortfall from a prosperity standard of $28/day | 0.7 average shortfall from a prosperity standard of $28/day | 0.1 average shortfall from a prosperity standard of $28/day | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher prosperity gap, Denmark or South Korea?
- Denmark, at 0.8 average shortfall from a prosperity standard of $28/day against 0.7 average shortfall from a prosperity standard of $28/day in South Korea as of 2023.
- What is the difference in prosperity gap between Denmark and South Korea?
- 0.1 average shortfall from a prosperity standard of $28/day, with Denmark ahead.
- How many years of comparable data are there for Denmark and South Korea?
- 11 years are reported by both, from 2006 to 2021.
- How do Denmark and South Korea rank globally for prosperity gap?
- Denmark ranks 107th and South 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.