Share in poverty relative to different poverty thresholds in South Korea

South Korea: Share in poverty relative to different poverty thresholds was 0.1 in 2021. ◆ Volatile

Latest (2021)
0.1
Change on year
unchanged
World rank
101st
of 120 countries
All-time high
0.5
in 2006
All-time low
0.1
in 2020
Years of data
11
2006–2021

Share in poverty relative to different poverty thresholds in South Korea, 2006–2021

0.10.20.30.40.52006201320212006: 0.52008: 0.52010: 0.52012: 0.52014: 0.32016: 0.22017: 0.22018: 0.22019: 0.22020: 0.12021: 0.1

Source: Our World in Data.

Analysis

The most recent figure for share in poverty relative to different poverty thresholds in South 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, share in poverty relative to different poverty thresholds in South Korea peaked at 0.5 in 2006 and was at its lowest, 0.1, in 2020.

South Korea ranks 101st of 120 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest 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 South Korea

  1. 98 Uruguay 0.1672 compare
  2. 99 Moldova 0.1292 compare
  3. 100 Jordan 0.1041 compare
  4. 101 Taiwan 0.1 compare
  5. 103 Netherlands 0.0973 compare
  6. 104 Belgium 0.0869 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 share in poverty relative to different poverty thresholds in South Korea?
Share in poverty relative to different poverty thresholds in South Korea was 0.1 in 2021, according to Our World in Data.
What is the highest share in poverty relative to different poverty thresholds recorded in South Korea?
The highest recorded value was 0.5 in 2006.
What is the lowest share in poverty relative to different poverty thresholds recorded in South Korea?
The lowest recorded value was 0.1 in 2020.
How does South Korea rank for share in poverty relative to different poverty thresholds?
South Korea ranks 101st out of 120 countries with data for 2021.
Is share in poverty relative to different poverty thresholds rising or falling in South Korea?
Over the last ten years it is down 80.0%. The long-run trend across the full record is volatile.
Where does this South Korea data come from?
The figures come from Our World in Data, published as part of Share in poverty relative to different poverty thresholds. 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
Share in poverty relative to different poverty thresholds
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