Number of people living in extreme poverty: September 2024 data vs. latest data in South Korea
South Korea: Number of people living in extreme poverty: September 2024 data vs. latest data was 51,770 people in 2021. ◆ Volatile
Number of people living in extreme poverty: September 2024 data vs. latest data in South Korea, 2006–2021
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in people.
Analysis
South Korea recorded 51,770 people for number of people living in extreme poverty: september 2024 data vs. latest data in 2021. That is the lowest value across all 11 years on record.
Compared with earlier readings it is down 0.1% on the previous year and down 79.1% over ten years.
Over the whole period, number of people living in extreme poverty: september 2024 data vs. latest data in South Korea peaked at 250,999 people in 2012 and was at its lowest, 51,770 people, in 2021.
That places South Korea 79th out of 120 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 243,732 people | 242,191 people | 245,274 people | 2 |
| 2010s | 151,839 people | 102,436 people | 250,999 people | 7 |
| 2020s | 51,803 people | 51,770 people | 51,836 people | 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)
- 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)
- 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)
- Share of government consumption in GDP vs. share of population living in extreme poverty 18.6% (2023)
- Income inequality: Atkinson index 0.1642 (2023)
Frequently asked questions
- What is number of people living in extreme poverty: september 2024 data vs. latest data in South Korea?
- Number of people living in extreme poverty: september 2024 data vs. latest data in South Korea was 51,770 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: september 2024 data vs. latest data recorded in South Korea?
- The highest recorded value was 250,999 people in 2012.
- What is the lowest number of people living in extreme poverty: september 2024 data vs. latest data recorded in South Korea?
- The lowest recorded value was 51,770 people in 2021.
- How does South Korea rank for number of people living in extreme poverty: september 2024 data vs. latest data?
- South Korea ranks 79th out of 120 countries with data for 2021.
- Is number of people living in extreme poverty: september 2024 data vs. latest data rising or falling in South Korea?
- Over the last ten years it is down 79.1%. The long-run trend across the full record is volatile.
- 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: September 2024 data vs. latest data. Statizoid updates them automatically from the source API.
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About this data
Number of people living in households with an income or consumption below $3 per day.