Poverty gap at $4.20 a day (2021 PPP) in Republic of Korea
Republic of Korea: Poverty gap at $4.20 a day (2021 PPP) was 0.1% in 2021. ◆ Volatile
Poverty gap at $4.20 a day (2021 PPP) in Republic of 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. Measured in %.
Analysis
Republic of Korea recorded 0.1% for poverty gap at $4.20 a day (2021 ppp) in 2021. That is the lowest value across all 11 years on record.
Compared with earlier readings it is down 75.0% over ten years.
Over the whole period, poverty gap at $4.20 a day (2021 ppp) in Republic of Korea peaked at 0.4% in 2010 and was at its lowest, 0.1%, in 2017.
That places Republic of Korea 100th out of 123 countries with data for 2021, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Poverty gap at $4.20 a day (2021 PPP) in Republic of Korea, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 0.3% | — |
| 2008 | 0.3% | +0.0% |
| 2010 | 0.4% | +33.3% |
| 2012 | 0.3% | -25.0% |
| 2014 | 0.2% | -33.3% |
| 2016 | 0.2% | +0.0% |
| 2017 | 0.1% | -50.0% |
| 2018 | 0.1% | +0.0% |
| 2019 | 0.1% | +0.0% |
| 2020 | 0.1% | +0.0% |
| 2021 | 0.1% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3% | 0.3% | 0.3% | 2 |
| 2010s | 0.2% | 0.1% | 0.4% | 7 |
| 2020s | 0.1% | 0.1% | 0.1% | 2 |
Countries ranked near Republic of Korea
- 100 Belgium 0.1% compare
- 100 France 0.1% compare
- 100 Iceland 0.1% compare
- 100 Ireland 0.1% compare
- 100 Jordan 0.1% compare
- 100 Republic of Moldova 0.1% compare
- 100 Netherlands 0.1% compare
- 100 Russian Federation 0.1% compare
- 100 Switzerland 0.1% compare
- 100 Türkiye 0.1% compare
- 100 Uruguay 0.1% compare
More poverty & inequality data for Republic of Korea
- Data deprivation poverty surveys per decade 6 (2025)
- Fertility rate vs the share living in extreme poverty 0.72 (2023)
- Cereal yield vs extreme poverty 6,615 (2023)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ 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 revenues vs income inequality 26.87 (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
- Tax revenues vs income inequality, annual growth rate -9.65 % change on previous year (2023)
- Gender inequality index from the human development report 0.038 (2023)
Frequently asked questions
- What is poverty gap at $4.20 a day (2021 ppp) in Republic of Korea?
- Poverty gap at $4.20 a day (2021 ppp) 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 poverty gap at $4.20 a day (2021 ppp) recorded in Republic of Korea?
- The highest recorded value was 0.4% in 2010.
- What is the lowest poverty gap at $4.20 a day (2021 ppp) recorded in Republic of Korea?
- The lowest recorded value was 0.1% in 2017.
- How does Republic of Korea rank for poverty gap at $4.20 a day (2021 ppp)?
- Republic of Korea ranks 100th out of 123 countries with data for 2021.
- Is poverty gap at $4.20 a day (2021 ppp) rising or falling in Republic of Korea?
- Over the last ten years it is down 75.0%. 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 Poverty gap at $4.20 a day (2021 PPP) (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Poverty gap at $4.20 a day (2021 PPP) is the mean shortfall in income or consumption from the poverty line $4.20 a day (counting the nonpoor as having zero shortfall), expressed as a percentage of the poverty line. This measure reflects the depth of poverty as well as its incidence.