Share of population living in extreme poverty vs. mean income or consumption per day in Republic of Korea
Republic of Korea: Share of population living in extreme poverty vs. mean income or consumption per day was 0.1% in 2021. ◆ Volatile
Share of population living in extreme poverty vs. mean income or consumption per day in Republic of Korea, 2006–2021
Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.
Analysis
The most recent figure for share of population living in extreme poverty vs. mean income or consumption per day 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, share of population living in extreme poverty vs. mean income or consumption per day in Republic of Korea peaked at 0.5% in 2006 and was at its lowest, 0.1%, in 2020.
That places Republic of Korea 101st out of 120 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.
Share of population living in extreme poverty vs. mean income or consumption per day 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
- 98 Uruguay 0.2% compare
- 99 Republic of Moldova 0.1% compare
- 100 Jordan 0.1% compare
- 101 Taiwan, China 0.1% compare
- 103 Netherlands 0.1% compare
- 104 Belgium 0.1% compare
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 vs. mean income or consumption per day in Republic of Korea?
- Share of population living in extreme poverty vs. mean income or consumption per day in Republic of Korea was 0.1% in 2021, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
- What is the highest share of population living in extreme poverty vs. mean income or consumption per day recorded in Republic of Korea?
- The highest recorded value was 0.5% in 2006.
- What is the lowest share of population living in extreme poverty vs. mean income or consumption per day recorded in Republic of Korea?
- The lowest recorded value was 0.1% in 2020.
- How does Republic of Korea rank for share of population living in extreme poverty vs. mean income or consumption per day?
- Republic of Korea ranks 101st out of 120 countries with data for 2021.
- Is share of population living in extreme poverty vs. mean income or consumption per day 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 World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Share of population living in extreme poverty vs. mean income or consumption per day. Statizoid updates them automatically from the source API.
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About this data
Percentage of population living in households with an income or consumption below $3 per day.