Share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 prices in Republic of Korea
Republic of Korea: Share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 prices was 0.2% in 2021. ▼ Falling
Share of population living on less than the lower-middle income poverty line: 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
Republic of Korea recorded 0.2% for share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 prices in 2021.
The figure is up 1.7% on the previous year and down 66.7% over ten years.
Over the whole period, share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 prices in Republic of Korea peaked at 0.7% in 2010 and was at its lowest, 0.2%, in 2017.
Republic of Korea ranks 97th of 119 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 11 years of available data.
Share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 prices in Republic of Korea, year by year
| Year | % | Change |
|---|---|---|
| 2006 | 0.5% | — |
| 2008 | 0.5% | -3.4% |
| 2010 | 0.7% | +57.3% |
| 2012 | 0.5% | -33.6% |
| 2014 | 0.5% | +0.3% |
| 2016 | 0.2% | -50.4% |
| 2017 | 0.2% | -2.8% |
| 2018 | 0.2% | +3.5% |
| 2019 | 0.2% | -0.9% |
| 2020 | 0.2% | -0.8% |
| 2021 | 0.2% | +1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5% | 0.5% | 0.5% | 2 |
| 2010s | 0.4% | 0.2% | 0.7% | 7 |
| 2020s | 0.2% | 0.2% | 0.2% | 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 on less than the lower-middle income poverty line: 2011 vs. 2017 prices in Republic of Korea?
- Share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 prices in Republic of Korea was 0.2% 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 on less than the lower-middle income poverty line: 2011 vs. 2017 prices recorded in Republic of Korea?
- The highest recorded value was 0.7% in 2010.
- What is the lowest share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 prices recorded in Republic of Korea?
- The lowest recorded value was 0.2% in 2017.
- How does Republic of Korea rank for share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 prices?
- Republic of Korea ranks 97th out of 119 countries with data for 2021.
- Is share of population living on less than the lower-middle income poverty line: 2011 vs. 2017 prices rising or falling in Republic of Korea?
- Over the last ten years it is down 66.7%. The long-run trend across the full record is falling.
- 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 on less than the lower-middle income poverty line: 2011 vs. 2017 prices. 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
Percentage of population living in households with an income or consumption below $3.20 per day.