Poverty headcount ratio at $4.20 a day (2021 PPP) in Korea
Korea: Poverty headcount ratio at $4.20 a day (2021 PPP) was 0.2% in 2021. ◆ Volatile
Poverty headcount ratio at $4.20 a day (2021 PPP) in 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 % of population.
Analysis
Korea recorded 0.2% for poverty headcount ratio at $4.20 a day (2021 ppp) in 2021. That is the lowest value across all 11 years on record.
The figure is down 77.8% over ten years.
Over the whole period, poverty headcount ratio at $4.20 a day (2021 ppp) in Korea peaked at 0.9% in 2010 and was at its lowest, 0.2%, in 2019.
That places Korea 106th 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 headcount ratio at $4.20 a day (2021 PPP) in Korea, year by year
| Year | % of population | Change |
|---|---|---|
| 2006 | 0.7% | — |
| 2008 | 0.7% | +0.0% |
| 2010 | 0.9% | +28.6% |
| 2012 | 0.8% | -11.1% |
| 2014 | 0.6% | -25.0% |
| 2016 | 0.4% | -33.3% |
| 2017 | 0.4% | +0.0% |
| 2018 | 0.3% | -25.0% |
| 2019 | 0.2% | -33.3% |
| 2020 | 0.2% | +0.0% |
| 2021 | 0.2% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7% | 0.7% | 0.7% | 2 |
| 2010s | 0.5% | 0.2% | 0.9% | 7 |
| 2020s | 0.2% | 0.2% | 0.2% | 2 |
Countries ranked near Korea
- 103 Azerbaijan 0.3%
- 103 Canada 0.3% compare
- 103 Kazakhstan 0.3% compare
- 106 Finland 0.2% compare
- 106 Norway 0.2% compare
- 106 Russian Federation 0.2% compare
- 106 Switzerland 0.2% compare
- 106 Thailand 0.2% compare
- 106 Ukraine 0.2% compare
More poverty & inequality data for Korea
- Number of income/consumption surveys in the past decade available via the World Bank 6 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ 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 poverty headcount ratio at $4.20 a day (2021 ppp) in Korea?
- Poverty headcount ratio at $4.20 a day (2021 ppp) in Korea was 0.2% 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 headcount ratio at $4.20 a day (2021 ppp) recorded in Korea?
- The highest recorded value was 0.9% in 2010.
- What is the lowest poverty headcount ratio at $4.20 a day (2021 ppp) recorded in Korea?
- The lowest recorded value was 0.2% in 2019.
- How does Korea rank for poverty headcount ratio at $4.20 a day (2021 ppp)?
- Korea ranks 106th out of 123 countries with data for 2021.
- Is poverty headcount ratio at $4.20 a day (2021 ppp) rising or falling in Korea?
- Over the last ten years it is down 77.8%. The long-run trend across the full record is volatile.
- Where does this 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 headcount ratio at $4.20 a day (2021 PPP) (% of population). Statizoid updates them automatically from the source API.
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About this data
Poverty headcount ratio at $4.20 a day is the percentage of the population living on less than $4.20 a day at 2021 international prices.