Poverty share on less than 30 per day 2011 ppp in South Korea

South Korea: Poverty share on less than 30 per day 2011 ppp was 19.73 in 2021. ▼ Falling

Latest (2021)
19.73
Change on year
down 10.3%
World rank
105th
of 119 countries
All-time high
47.74
in 2006
All-time low
19.73
in 2021
Years of data
11
2006–2021

Poverty share on less than 30 per day 2011 ppp in South Korea, 2006–2021

010203040502006201320212006: 47.72008: 46.52010: 45.52012: 40.72014: 36.52016: 31.22017: 292018: 27.22019: 24.52020: 222021: 19.7

Source: Our World in Data.

Analysis

South Korea recorded 19.73 for poverty share on less than 30 per day 2011 ppp in 2021. That is the lowest value across all 11 years on record.

Compared with earlier readings it is down 10.3% on the previous year and down 56.6% over ten years.

Over the whole period, poverty share on less than 30 per day 2011 ppp in South Korea peaked at 47.74 in 2006 and was at its lowest, 19.73, in 2021.

South Korea ranks 105th of 119 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 11 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 47.12 46.5 47.74 2
2010s 33.53 24.5 45.5 7
2020s 20.86 19.73 21.99 2

Countries ranked near South Korea

  1. 102 France 22.53 compare
  2. 103 Malta 22.22 compare
  3. 104 Australia 20.25 compare
  4. 106 United States 19.5 compare
  5. 107 Canada 16.74 compare
  6. 108 Austria 16.5 compare

See the full ranking of 119 places →

More poverty & inequality data for South Korea

All data for South Korea →

Frequently asked questions

What is poverty share on less than 30 per day 2011 ppp in South Korea?
Poverty share on less than 30 per day 2011 ppp in South Korea was 19.73 in 2021, according to Our World in Data.
What is the highest poverty share on less than 30 per day 2011 ppp recorded in South Korea?
The highest recorded value was 47.74 in 2006.
What is the lowest poverty share on less than 30 per day 2011 ppp recorded in South Korea?
The lowest recorded value was 19.73 in 2021.
How does South Korea rank for poverty share on less than 30 per day 2011 ppp?
South Korea ranks 105th out of 119 countries with data for 2021.
Is poverty share on less than 30 per day 2011 ppp rising or falling in South Korea?
Over the last ten years it is down 56.6%. The long-run trend across the full record is falling.
Where does this South Korea data come from?
The figures come from Our World in Data, published as part of Poverty share on less than 30 per day 2011 ppp. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Poverty share on less than 30 per day 2011 ppp
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
119 places, 2,016 data points, 1963–2023
Last refreshed