Poverty gap index at $3 a day in South Korea
South Korea: Poverty gap index at $3 a day was 0.1% in 2021. ◆ Volatile
Poverty gap index at $3 a day in South Korea, 2006–2021
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.
Analysis
South Korea recorded 0.1% for poverty gap index at $3 a day in 2021.
Compared with earlier readings it is up 3.6% on the previous year and down 78.6% over ten years.
Over the whole period, poverty gap index at $3 a day in South Korea peaked at 0.3% in 2010 and was at its lowest, 0.1%, in 2020.
That places South Korea 95th out of 120 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2% | 0.2% | 0.2% | 2 |
| 2010s | 0.1% | 0.1% | 0.3% | 7 |
| 2020s | 0.1% | 0.1% | 0.1% | 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)
- 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)
- Share of government consumption in GDP vs. share of population living in extreme poverty 18.6% (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)
- Income inequality: Atkinson index 0.1642 (2023)
Frequently asked questions
- What is poverty gap index at $3 a day in South Korea?
- Poverty gap index at $3 a day in South Korea was 0.1% in 2021, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest poverty gap index at $3 a day recorded in South Korea?
- The highest recorded value was 0.3% in 2010.
- What is the lowest poverty gap index at $3 a day recorded in South Korea?
- The lowest recorded value was 0.1% in 2020.
- How does South Korea rank for poverty gap index at $3 a day?
- South Korea ranks 95th out of 120 countries with data for 2021.
- Is poverty gap index at $3 a day rising or falling in South Korea?
- Over the last ten years it is down 78.6%. 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 Poverty gap index at $3 a day. Statizoid updates them automatically from the source API.
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About this data
The poverty gap index is a poverty measure that reflects both the prevalence and the depth of poverty. It is calculated as the share of population in poverty multiplied by the average shortfall from the poverty line (expressed as a % of the poverty line).