Multidimensional poverty headcount ratio (World Bank) in Republic of Korea
Republic of Korea: Multidimensional poverty headcount ratio (World Bank) was 0.1% in 2021. ◆ Volatile
Multidimensional poverty headcount ratio (World Bank) in Republic of Korea, 2010–2021
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. Measured in % of population.
Analysis
In 2021, multidimensional poverty headcount ratio (world bank) in Republic of Korea stood at 0.1%. That is the lowest value across all 9 years on record.
Compared with earlier readings it is down 80.0% over ten years.
Over the whole period, multidimensional poverty headcount ratio (world bank) in Republic of Korea peaked at 0.5% in 2010 and was at its lowest, 0.1%, in 2020.
That places Republic of Korea 61st out of 68 countries with data for 2021, putting it in the bottom quarter.
Multidimensional poverty headcount ratio (World Bank) in Republic of Korea, year by year
| Year | % of population | Change |
|---|---|---|
| 2010 | 0.5% | — |
| 2012 | 0.5% | +0.0% |
| 2014 | 0.4% | -20.0% |
| 2016 | 0.2% | -50.0% |
| 2017 | 0.2% | +0.0% |
| 2018 | 0.2% | +0.0% |
| 2019 | 0.2% | +0.0% |
| 2020 | 0.1% | -50.0% |
| 2021 | 0.1% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.3% | 0.2% | 0.5% | 7 |
| 2020s | 0.1% | 0.1% | 0.1% | 2 |
Countries ranked near Republic of Korea
More poverty & inequality data for Republic of 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 multidimensional poverty headcount ratio (world bank) in Republic of Korea?
- Multidimensional poverty headcount ratio (world bank) in Republic of Korea was 0.1% 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 multidimensional poverty headcount ratio (world bank) recorded in Republic of Korea?
- The highest recorded value was 0.5% in 2010.
- What is the lowest multidimensional poverty headcount ratio (world bank) recorded in Republic of Korea?
- The lowest recorded value was 0.1% in 2020.
- How does Republic of Korea rank for multidimensional poverty headcount ratio (world bank)?
- Republic of Korea ranks 61st out of 68 countries with data for 2021.
- Is multidimensional poverty headcount ratio (world bank) rising or falling in Republic of Korea?
- Over the last ten years it is down 80.0%. The long-run trend across the full record is volatile.
- Where does this Republic of 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 Multidimensional poverty headcount ratio (World Bank) (% of population). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The multidimensional poverty headcount ratio (World Bank) is the percentage of a population living in poverty according to the World Bank's Multidimensional Poverty Measure. The Multidimensional Poverty Measure includes three dimensions – monetary poverty, education, and basic infrastructure services – to capture a more complete picture of poverty.