Poverty share on less than 30 per day in South Korea

South Korea: Poverty share on less than 30 per day was 16.3 in 2021. ▼ Falling

Latest (2021)
16.3
Change on year
down 9.9%
World rank
100th
of 120 countries
All-time high
41.5
in 2006
All-time low
16.3
in 2021
Years of data
11
2006–2021

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

0102030402006201320212006: 41.52008: 39.72010: 39.42012: 34.52014: 312016: 27.12017: 25.12018: 22.92019: 20.42020: 18.12021: 16.3

Source: Our World in Data.

Analysis

South Korea recorded 16.3 for poverty share on less than 30 per day in 2021. That is the lowest value across all 11 years on record.

The figure is down 9.9% on the previous year and down 58.6% over ten years.

Over the whole period, poverty share on less than 30 per day in South Korea peaked at 41.5 in 2006 and was at its lowest, 16.3, in 2021.

South Korea ranks 100th of 120 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 40.6 39.7 41.5 2
2010s 28.63 20.4 39.4 7
2020s 17.2 16.3 18.1 2

Countries ranked near South Korea

  1. 97 Spain 23.18 compare
  2. 98 Italy 22.26 compare
  3. 99 Taiwan 19.5 compare
  4. 101 United Kingdom 15.2 compare
  5. 102 Malta 13.95 compare
  6. 103 France 13.26 compare

See the full ranking of 120 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 in South Korea?
Poverty share on less than 30 per day in South Korea was 16.3 in 2021, according to Our World in Data.
What is the highest poverty share on less than 30 per day recorded in South Korea?
The highest recorded value was 41.5 in 2006.
What is the lowest poverty share on less than 30 per day recorded in South Korea?
The lowest recorded value was 16.3 in 2021.
How does South Korea rank for poverty share on less than 30 per day?
South Korea ranks 100th out of 120 countries with data for 2021.
Is poverty share on less than 30 per day rising or falling in South Korea?
Over the last ten years it is down 58.6%. 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. 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
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed