Dominican Republic vs South Korea: Total shortfall from extreme poverty

Dominican Republic
30.99 million international-$ in 2021 prices
in 2024
South Korea
34.39 million international-$ in 2021 prices
in 2021
Dominican Republic rank
74th
South Korea rank
73rd

Total shortfall from extreme poverty over time

  • Dominican Republic
  • South Korea
0100.0M200.0M300.0M400.0M500.0M198620052024

How they compare

South Korea currently reports 34.39 million international-$ in 2021 prices against 30.99 million international-$ in 2021 prices in Dominican Republic, a difference of 3.40 million international-$ in 2021 prices.

That makes South Korea's figure about 1.1 times Dominican Republic's.

The two have swapped places 4 times across 11 shared years of data; in 2006 it was Dominican Republic ahead.

Dominican Republic ranks 74th and South Korea ranks 73rd of 120 countries.

Dominican Republic has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Dominican Republic South Korea Difference Ahead
2000s 220.44 million international-$ in 2021 prices 124.22 million international-$ in 2021 prices 96.22 million international-$ in 2021 prices Dominican Republic
2010s 89.22 million international-$ in 2021 prices 79.08 million international-$ in 2021 prices 10.14 million international-$ in 2021 prices Dominican Republic
2020s 44.19 million international-$ in 2021 prices 33.82 million international-$ in 2021 prices 10.37 million international-$ in 2021 prices Dominican Republic

Averages of every year both report within each decade.

Frequently asked questions

Which has higher total shortfall from extreme poverty, Dominican Republic or South Korea?
South Korea, at 34.39 million international-$ in 2021 prices against 30.99 million international-$ in 2021 prices in Dominican Republic as of 2021.
What is the difference in total shortfall from extreme poverty between Dominican Republic and South Korea?
3.40 million international-$ in 2021 prices, with South Korea ahead.
How many years of comparable data are there for Dominican Republic and South Korea?
11 years are reported by both, from 2006 to 2021.
How do Dominican Republic and South Korea rank globally for total shortfall from extreme poverty?
Dominican Republic ranks 74th and South Korea ranks 73rd 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 Total shortfall from extreme poverty. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Dominican Republic vs South Korea: Total shortfall from extreme poverty. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 07 November 2026, from https://poverty.statizoid.com/compare/total-shortfall-from-extreme-poverty/dominican-republic/korea-rep/

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<a href="https://poverty.statizoid.com/compare/total-shortfall-from-extreme-poverty/dominican-republic/korea-rep/">Dominican Republic vs South Korea: Total shortfall from extreme poverty</a> β€” Statizoid

About this data

Indicator
Total shortfall from extreme poverty
Unit
international-$ in 2021 prices
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, 2,152 data points, 1963–2025
Last refreshed

This is the amount of money that would be theoretically needed to lift the income or consumption of all people in poverty up to $3 per day. However, this is not a measure of the actual cost of eliminating poverty, since it does not take into account the costs involved in making the necessary transfers nor any changes in behavior they would bring about.