Income share held by fourth 20% in South Korea
South Korea: Income share held by fourth 20% was 23.1% in 2021. ▬ Flat
Income share held by fourth 20% in South Korea, 2006–2021
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 South Korea 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 South Korea peaked at 23.3% in 2018 and was at its lowest, 22.9%, in 2020.
South Korea ranks 14th of 123 countries on this measure, in the top quarter.
Income share held by fourth 20% in South Korea, year by year
| Year | Value | Change |
|---|---|---|
| 2006 | 23.1% | — |
| 2008 | 23.0% | -0.4% |
| 2010 | 23.1% | +0.4% |
| 2012 | 23.2% | +0.4% |
| 2014 | 23.1% | -0.4% |
| 2016 | 23.0% | -0.4% |
| 2017 | 23.1% | +0.4% |
| 2018 | 23.3% | +0.9% |
| 2019 | 23.0% | -1.3% |
| 2020 | 22.9% | -0.4% |
| 2021 | 23.1% | +0.9% |
South Korea compared with similar countries
- South Korea's 23.1% is above the median for high income countries, which is 22.5%, 1.0× the median. (42 countries reporting)
- South Korea's 23.1% is above the median for East Asia & Pacific, which is 22.1%, 1.0× the median. (11 countries reporting)
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 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)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (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)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2023)
- Cereal yield vs extreme poverty, annual growth rate 0.0454 % change on previous year (2023)
- Tax revenues vs income inequality, gaps filled 26.87 (2023)
- Tax revenue as share of GDP vs. income inequality 26.9% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is income share held by fourth 20% in South Korea?
- Income share held by fourth 20% in South Korea 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 South Korea?
- The highest recorded value was 23.3% in 2018.
- What is the lowest income share held by fourth 20% recorded in South Korea?
- The lowest recorded value was 22.9% in 2020.
- How does South Korea rank for income share held by fourth 20%?
- South Korea ranks 14th out of 123 countries with data for 2021.
- Is income share held by fourth 20% rising or falling in South Korea?
- Over the last ten years it is unchanged. The long-run trend across the full record is flat.
- Where does this South Korea 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.
Download this data
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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.