Proportion of population below international poverty line in Republic of Korea
Republic of Korea: Proportion of population below international poverty line was 0.1% in 2021. ◆ Volatile
Proportion of population below international poverty line in Republic of Korea, 2006–2021
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for proportion of population below international poverty line in Republic of Korea is 0.1%, measured in 2021. That is the lowest value across all 11 years on record.
That represents a change of down 80.0% over ten years.
Over the whole period, proportion of population below international poverty line in Republic of Korea peaked at 0.5% in 2006 and was at its lowest, 0.1%, in 2020.
That places Republic of Korea 109th out of 132 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.
Proportion of population below international poverty line in Republic of Korea, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 0.5% | — |
| 2008 | 0.5% | +0.0% |
| 2010 | 0.5% | +0.0% |
| 2012 | 0.5% | +0.0% |
| 2014 | 0.3% | -40.0% |
| 2016 | 0.2% | -33.3% |
| 2017 | 0.2% | +0.0% |
| 2018 | 0.2% | +0.0% |
| 2019 | 0.2% | +0.0% |
| 2020 | 0.1% | -50.0% |
| 2021 | 0.1% | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5% | 0.5% | 0.5% | 2 |
| 2010s | 0.3% | 0.2% | 0.5% | 7 |
| 2020s | 0.1% | 0.1% | 0.1% | 2 |
Countries ranked near Republic of Korea
- 109 Belgium 0.1% compare
- 109 France 0.1% compare
- 109 Iceland 0.1% compare
- 109 Ireland 0.1% compare
- 109 Jordan 0.1% compare
- 109 Luxembourg 0.1% compare
- 109 Netherlands (Kingdom of the) 0.1% compare
- 109 Republic of Moldova 0.1% compare
- 109 Russian Federation 0.1% compare
- 109 Korea 0.1% compare
- 109 Republic of Moldova 0.1% compare
- 109 Russian Federation 0.1% compare
More poverty & inequality data for Republic of Korea
Frequently asked questions
- What is proportion of population below international poverty line in Republic of Korea?
- Proportion of population below international poverty line in Republic of Korea was 0.1% in 2021, according to United Nations Statistics Division, SDG Global Database.
- What is the highest proportion of population below international poverty line recorded in Republic of Korea?
- The highest recorded value was 0.5% in 2006.
- What is the lowest proportion of population below international poverty line recorded in Republic of Korea?
- The lowest recorded value was 0.1% in 2020.
- How does Republic of Korea rank for proportion of population below international poverty line?
- Republic of Korea ranks 109th out of 132 countries with data for 2021.
- Is proportion of population below international poverty line rising or falling in Republic of Korea?
- Over the last ten years it is down 80.0%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Proportion of population below international poverty line (%). Statizoid updates them automatically from the source API.
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