Number of people living in extreme poverty in South Korea

South Korea: Number of people living in extreme poverty was 51.72 million people in 2021. ▲ Rising

Latest (2021)
51.72 million people
Change on year
down 0.1%
World rank
24th
of 120 countries
All-time high
51.78 million people
in 2020
All-time low
48.20 million people
in 2006
Years of data
11
2006–2021

Number of people living in extreme poverty in South Korea, 2006–2021

020.0M40.0M60.0M2006201320212006: 48.2M people2008: 48.8M people2010: 49.3M people2012: 49.9M people2014: 50.6M people2016: 51.1M people2017: 51.3M people2018: 51.5M people2019: 51.7M people2020: 51.8M people2021: 51.7M people

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in people.

Analysis

South Korea recorded 51.72 million people for number of people living in extreme poverty in 2021.

That represents a change of down 0.1% on the previous year and up 4.9% over ten years.

Over the whole period, number of people living in extreme poverty in South Korea peaked at 51.78 million people in 2020 and was at its lowest, 48.20 million people, in 2006.

South Korea ranks 24th of 120 countries on this measure, in the top quarter.

The long-run direction has been consistently rising across the 11 years of available data.

Number of people living in extreme poverty in South Korea, year by year

Annual values for Number of people living in extreme poverty in South Korea, 2006 to 2021.
Year people Change
2006 48.20 million people —
2008 48.81 million people +1.3%
2010 49.31 million people +1.0%
2012 49.95 million people +1.3%
2014 50.59 million people +1.3%
2016 51.12 million people +1.0%
2017 51.26 million people +0.3%
2018 51.48 million people +0.4%
2019 51.66 million people +0.3%
2020 51.78 million people +0.2%
2021 51.72 million people -0.1%

South Korea compared with similar countries

  • South Korea's 51.72 million people is above the median for high income countries, which is 9.58 million people, 5.4× the median. (42 countries reporting)
  • South Korea's 51.72 million people is below the median for East Asia & Pacific, which is 71.66 million people, 72% of the median. (11 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 48.50 million people 48.20 million people 48.81 million people 2
2010s 50.77 million people 49.31 million people 51.66 million people 7
2020s 51.75 million people 51.72 million people 51.78 million people 2

Countries ranked near South Korea

  1. 21 United Kingdom 66.72 million people compare
  2. 22 Italy 58.44 million people compare
  3. 23 South Africa 52.09 million people compare
  4. 25 Colombia 48.39 million people compare
  5. 26 Spain 47.96 million people compare
  6. 27 Ukraine 44.66 million people compare

See the full ranking of 120 places →

More poverty & inequality data for South Korea

All data for South Korea →

Frequently asked questions

What is number of people living in extreme poverty in South Korea?
Number of people living in extreme poverty in South Korea was 51.72 million people in 2021, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest number of people living in extreme poverty recorded in South Korea?
The highest recorded value was 51.78 million people in 2020.
What is the lowest number of people living in extreme poverty recorded in South Korea?
The lowest recorded value was 48.20 million people in 2006.
How does South Korea rank for number of people living in extreme poverty?
South Korea ranks 24th out of 120 countries with data for 2021.
Is number of people living in extreme poverty rising or falling in South Korea?
Over the last ten years it is up 4.9%. The long-run trend across the full record is rising.
Where does this South Korea data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Number of people living in extreme poverty. Statizoid updates them automatically from the source API.

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Number of people living in extreme poverty in South Korea. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 08 November 2026, from https://poverty.statizoid.com/stat/above-or-below-extreme-poverty-line-world-bank/korea-rep/

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About this data

Indicator
Number of people living in extreme poverty
Unit
people
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

Number of people living in households with an income or consumption above $3 per day.