Income inequality: Gini coefficient before and after tax in South Korea
South Korea: Income inequality: Gini coefficient before and after tax was 0.3% in 2023. ▼ Falling
Income inequality: Gini coefficient before and after tax in South Korea, 2014–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
The most recent figure for income inequality: gini coefficient before and after tax in South Korea is 0.3%, measured in 2023. That is the lowest value across all 10 years on record.
Compared with earlier readings it is down 2.3% on the previous year and down 15.1% over ten years.
Over the whole period, income inequality: gini coefficient before and after tax in South Korea peaked at 0.4% in 2014 and was at its lowest, 0.3%, in 2023.
That places South Korea 16th out of 35 countries with data for 2023, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.3% | 0.3% | 0.4% | 6 |
| 2020s | 0.3% | 0.3% | 0.3% | 4 |
Countries ranked near South Korea
More poverty & inequality data for South Korea
- Number of income/consumption surveys in the past decade available via the World Bank 6 surveys (2025)
- Fertility rate vs. share living in extreme poverty 0.72 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 6,615 kg per hectare (2023)
- Tax revenue as share of GDP vs. income inequality 26.9% (2023)
- Gender Inequality Index 0.038 (2023)
- Share of government consumption in GDP vs. share of population living in extreme poverty 18.6% (2023)
- Lifespan inequality: Gini coefficient in women 0.0683 (2023)
- Lifespan inequality: Gini coefficient by sex 0.0683 (2023)
- Lifespan inequality: Gini coefficient in men 0.0778 (2023)
- Income inequality: Atkinson index 0.1642 (2023)
Frequently asked questions
- What is income inequality: gini coefficient before and after tax in South Korea?
- Income inequality: gini coefficient before and after tax in South Korea was 0.3% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest income inequality: gini coefficient before and after tax recorded in South Korea?
- The highest recorded value was 0.4% in 2014.
- What is the lowest income inequality: gini coefficient before and after tax recorded in South Korea?
- The lowest recorded value was 0.3% in 2023.
- How does South Korea rank for income inequality: gini coefficient before and after tax?
- South Korea ranks 16th out of 35 countries with data for 2023.
- Is income inequality: gini coefficient before and after tax rising or falling in South Korea?
- Over the last ten years it is down 15.1%. The long-run trend across the full record is falling.
- Where does this South Korea data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Income inequality: Gini coefficient before and after tax. Statizoid updates them automatically from the source API.
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CSV · JSON — 10 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Redistributive impact of fiscal policy, Gini index (%)