Share of population in extreme poverty in Korea
Korea: Share of population in extreme poverty 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 of population in extreme poverty in Korea, 2006–2021
Source: Our World in Data.
Analysis
In 2021, share of population in extreme poverty in Korea stood at 0.1. 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 of population in extreme poverty in Korea peaked at 0.5 in 2006 and was at its lowest, 0.1, in 2020.
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.
Share of population in extreme poverty in Korea, year by year
| Year | Value | 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 Korea
- 98 Uruguay 0.1672 compare
- 99 Republic of Moldova 0.1292 compare
- 100 Jordan 0.1041 compare
- 101 Taiwan, China 0.1 compare
- 103 Netherlands 0.0973 compare
- 104 Belgium 0.0869 compare
More poverty & inequality data for Korea
- Data deprivation poverty surveys per decade 6 (2025)
- Fertility rate vs the share living in extreme poverty 0.72 (2023)
- Cereal yield vs extreme poverty 6,615 (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 revenues vs income inequality 26.87 (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
- Tax revenues vs income inequality, annual growth rate -9.65 % change on previous year (2023)
- Gender inequality index from the human development report 0.038 (2023)
Frequently asked questions
- What is share of population in extreme poverty in Korea?
- Share of population in extreme poverty in Korea was 0.1 in 2021, according to Our World in Data.
- What is the highest share of population in extreme poverty recorded in Korea?
- The highest recorded value was 0.5 in 2006.
- What is the lowest share of population in extreme poverty recorded in Korea?
- The lowest recorded value was 0.1 in 2020.
- How does Korea rank for share of population in extreme poverty?
- Korea ranks 101st out of 120 countries with data for 2021.
- Is share of population in extreme poverty rising or falling in Korea?
- Over the last ten years it is down 80.0%. The long-run trend across the full record is volatile.
- Where does this Korea data come from?
- The figures come from Our World in Data, published as part of Share of population in extreme poverty. 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).