Share of population living in extreme poverty: 2011 vs. 2017 prices in Republic of Korea
Republic of Korea: Share of population living in extreme poverty: 2011 vs. 2017 prices was 0.0% in 2021. ◆ Volatile
Share of population living in extreme poverty: 2011 vs. 2017 prices in Republic of Korea, 2006–2021
Source: World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data. Measured in %.
Analysis
In 2021, share of population living in extreme poverty: 2011 vs. 2017 prices in Republic of Korea stood at 0.0%. That is the lowest value across all 11 years on record.
The figure is down 100.0% over ten years.
Over the whole period, share of population living in extreme poverty: 2011 vs. 2017 prices in Republic of Korea peaked at 0.5% in 2010 and was at its lowest, 0.0%, in 2019.
Republic of Korea ranks 112th of 119 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 living in extreme poverty: 2011 vs. 2017 prices in Republic of Korea, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 0.2% | — |
| 2008 | 0.2% | -2.7% |
| 2010 | 0.5% | +104.3% |
| 2012 | 0.2% | -49.7% |
| 2014 | 0.2% | -5.5% |
| 2016 | 0.2% | +4.9% |
| 2017 | 0.2% | -2.8% |
| 2018 | 0.2% | +3.5% |
| 2019 | 0.0% | -100.0% |
| 2020 | 0.0% | — |
| 2021 | 0.0% | — |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2% | 0.2% | 0.2% | 2 |
| 2010s | 0.2% | 0.0% | 0.5% | 7 |
| 2020s | 0.0% | 0.0% | 0.0% | 2 |
Countries ranked near Republic of Korea
More poverty & inequality data for Republic of Korea
- Number of income/consumption surveys in the past decade available via the World Bank 6 surveys (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per person (2025)
- Number of income/consumption surveys in the past decade available via 0 surveys per US$ of GDP (2025)
- Fertility rate vs. share living in extreme poverty 0.72 live births per woman (2023)
- Cereal yield vs. share in extreme poverty 6,615 kg per hectare (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 revenue as share of GDP vs. income inequality 26.9% (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
Frequently asked questions
- What is share of population living in extreme poverty: 2011 vs. 2017 prices in Republic of Korea?
- Share of population living in extreme poverty: 2011 vs. 2017 prices in Republic of Korea was 0.0% in 2021, according to World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data.
- What is the highest share of population living in extreme poverty: 2011 vs. 2017 prices recorded in Republic of Korea?
- The highest recorded value was 0.5% in 2010.
- What is the lowest share of population living in extreme poverty: 2011 vs. 2017 prices recorded in Republic of Korea?
- The lowest recorded value was 0.0% in 2019.
- How does Republic of Korea rank for share of population living in extreme poverty: 2011 vs. 2017 prices?
- Republic of Korea ranks 112th out of 119 countries with data for 2021.
- Is share of population living in extreme poverty: 2011 vs. 2017 prices rising or falling in Republic of Korea?
- Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from World Bank Poverty and Inequality Platform (2024) – with major processing by Our World in Data, published as part of Share of population living in extreme poverty: 2011 vs. 2017 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
Percentage of population living in households with an income or consumption below $1.90 per day.