Iceland vs South Korea: Poverty: Share of population living on less than $8.30 a day
Iceland
0.4%
in 2019
South Korea
0.5%
in 2021
Iceland rank
111th
South Korea rank
108th
Poverty: Share of population living on less than $8.30 a day over time
- Iceland
- South Korea
How they compare
South Korea currently reports 0.5% against 0.4% in Iceland, a difference of 0.1%.
That makes South Korea's figure about 1.4 times Iceland's.
Across all 9 years both countries report, South Korea has been ahead every year.
Iceland ranks 111th and South Korea ranks 108th of 120 countries.
South Korea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | South Korea | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 0.3% | 2.5% | 2.2% | South Korea |
| 2010s | 0.3% | 1.6% | 1.2% | South Korea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher poverty: share of population living on less than $8.30 a day, Iceland or South Korea?
- South Korea, at 0.5% against 0.4% in Iceland as of 2021.
- What is the difference in poverty: share of population living on less than $8.30 a day between Iceland and South Korea?
- 0.1%, with South Korea ahead.
- How many years of comparable data are there for Iceland and South Korea?
- 9 years are reported by both, from 2006 to 2019.
- How do Iceland and South Korea rank globally for poverty: share of population living on less than $8.30 a day?
- Iceland ranks 111th and South Korea ranks 108th of 120 countries.
- Where does this data come from?
- World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as Poverty: Share of population living on less than $8.30 a day. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Percentage of population living in households with an income or consumption below $8.30 per day.