Income share held by fourth 20% in Korea, Republic of
Korea, Republic of: Income share held by fourth 20% was 23.1% in 2021. β¬ Flat
Income share held by fourth 20% in Korea, Republic of, 2006β2021
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
Analysis
The most recent figure for income share held by fourth 20% in Korea, Republic of is 23.1%, measured in 2021.
Compared with earlier readings it is up 0.9% on the previous year and unchanged over ten years.
Over the whole period, income share held by fourth 20% in Korea, Republic of peaked at 23.3% in 2018 and was at its lowest, 22.9%, in 2020.
Korea, Republic of ranks 13th of 122 countries on this measure, in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.1% | 23.0% | 23.1% | 2 |
| 2010s | 23.1% | 23.0% | 23.3% | 7 |
| 2020s | 23.0% | 22.9% | 23.1% | 2 |
Countries ranked near Korea, Republic of
- 10 Japan 23.2% compare
- 10 Luxembourg 23.2% compare
- 10 Uzbekistan, Republic of 23.2% compare
- 13 Croatia, Republic of 23.1% compare
- 13 Italy 23.1% compare
- 13 Serbia, Republic of 23.1% compare
More poverty & inequality data for Korea, Republic of
- Data deprivation poverty surveys per decade 6 (2025)
- Fertility rate vs the share living in extreme poverty 0.72 (2023)
- Cereal yield vs extreme poverty 6,615 (2023)
- Tax revenues vs income inequality 26.87 (2023)
- Gender inequality index from the human development report 0.038 (2023)
- Share of government consumption in gdp vs share in extreme poverty 18.63 (2023)
- Gini coefficient of lifespan inequality in females 0.0683 (2023)
- Gini coefficient of lifespan inequality by sex 0.0683 (2023)
- Gini coefficient of lifespan inequality in males 0.0778 (2023)
- Income inequality atkinson index undp 0.1642 (2023)
Frequently asked questions
- What is income share held by fourth 20% in Korea, Republic of?
- Income share held by fourth 20% in Korea, Republic of was 23.1% in 2021, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest income share held by fourth 20% recorded in Korea, Republic of?
- The highest recorded value was 23.3% in 2018.
- What is the lowest income share held by fourth 20% recorded in Korea, Republic of?
- The lowest recorded value was 22.9% in 2020.
- How does Korea, Republic of rank for income share held by fourth 20%?
- Korea, Republic of ranks 13th out of 122 countries with data for 2021.
- Is income share held by fourth 20% rising or falling in Korea, Republic of?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this Korea, Republic of data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Income share held by fourth 20%. Statizoid updates them automatically from the source API.
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About this data
Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.