Republic of Korea vs United States of America: Reduction in income inequality
Republic of Korea
18.18
in 2022
United States of America
22.07
in 2023
Republic of Korea rank
35th
United States of America rank
32nd
Reduction in income inequality over time
- Republic of Korea
- United States of America
How they compare
United States of America currently reports 22.07 against 18.18 in Republic of Korea, a difference of 3.89.
That makes United States of America's figure about 1.2 times Republic of Korea's.
Across all 10 years both countries report, United States of America has been ahead every year.
Republic of Korea ranks 35th and United States of America ranks 32nd of 39 countries.
United States of America has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Republic of Korea | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 11.67 | 22.57 | 10.9 | United States of America |
| 2020s | 18.65 | 25.86 | 7.21 | United States of America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher reduction in income inequality, Republic of Korea or United States of America?
- United States of America, at 22.07 against 18.18 in Republic of Korea as of 2023.
- What is the difference in reduction in income inequality between Republic of Korea and United States of America?
- 3.89, with United States of America ahead.
- How many years of comparable data are there for Republic of Korea and United States of America?
- 10 years are reported by both, from 2013 to 2022.
- How do Republic of Korea and United States of America rank globally for reduction in income inequality?
- Republic of Korea ranks 35th and United States of America ranks 32nd of 39 countries.
- Where does this data come from?
- Our World in Data, published as Reduction in income inequality. Statizoid refreshes it automatically from the source and publishes the full history for both places.