Iceland vs Republic of Korea: Poverty: Share of population living on less than $8.30 a day

Iceland
0.4%
in 2019
Republic of Korea
0.5%
in 2021
Iceland rank
111th
Republic of Korea rank
108th

Poverty: Share of population living on less than $8.30 a day over time

  • Iceland
  • Republic of Korea
0123200320122021

How they compare

Republic of Korea currently reports 0.5% against 0.4% in Iceland, a difference of 0.1%.

That makes Republic of Korea's figure about 1.4 times Iceland's.

Across all 9 years both countries report, Republic of Korea has been ahead every year.

Iceland ranks 111th and Republic of Korea ranks 108th of 120 countries.

Republic of Korea has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Iceland Republic of Korea Difference Ahead
2000s 0.3% 2.5% 2.2% Republic of Korea
2010s 0.3% 1.6% 1.2% Republic of 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 Republic of Korea?
Republic of 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 Republic of Korea?
0.1%, with Republic of Korea ahead.
How many years of comparable data are there for Iceland and Republic of Korea?
9 years are reported by both, from 2006 to 2019.
How do Iceland and Republic of Korea rank globally for poverty: share of population living on less than $8.30 a day?
Iceland ranks 111th and Republic of 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.

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Iceland vs Republic of Korea: Poverty: Share of population living on less than $8.30 a day. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 31 August 2026, from https://poverty.statizoid.com/compare/share-living-with-less-than-upper-middle-income-poverty-line/iceland/korea-rep/

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<a href="https://poverty.statizoid.com/compare/share-living-with-less-than-upper-middle-income-poverty-line/iceland/korea-rep/">Iceland vs Republic of Korea: Poverty: Share of population living on less than $8.30 a day</a> — Statizoid

About this data

Indicator
Poverty: Share of population living on less than $8.30 a day
Unit
%
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

Percentage of population living in households with an income or consumption below $8.30 per day.