Share of population living on less than $4.20 per day vs. share in South Korea

South Korea: Share of population living on less than $4.20 per day vs. share was 0.2% in 2021. ◆ Volatile

Latest (2021)
0.2%
Change on year
unchanged
World rank
107th
of 120 countries
All-time high
0.9%
in 2010
All-time low
0.2%
in 2019
Years of data
11
2006–2021

Share of population living on less than $4.20 per day vs. share in multidimensional poverty in South Korea, 2006–2021

0.20.40.60.812006201320212006: 0.7 %2008: 0.7 %2010: 0.9 %2012: 0.8 %2014: 0.6 %2016: 0.4 %2017: 0.4 %2018: 0.3 %2019: 0.2 %2020: 0.2 %2021: 0.2 %

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in %.

Analysis

In 2021, share of population living on less than $4.20 per day vs. share in multidimensional poverty in South Korea stood at 0.2%. That is the lowest value across all 11 years on record.

That represents a change of down 77.8% over ten years.

Over the whole period, share of population living on less than $4.20 per day vs. share in multidimensional poverty in South Korea peaked at 0.9% in 2010 and was at its lowest, 0.2%, in 2019.

South Korea ranks 107th 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 living on less than $4.20 per day vs. share in South Korea, year by year

Annual values for Share of population living on less than $4.20 per day vs. share in multidimensional poverty in South Korea, 2006 to 2021.
Year % Change
2006 0.7% —
2008 0.7% +0.0%
2010 0.9% +28.6%
2012 0.8% -11.1%
2014 0.6% -25.0%
2016 0.4% -33.3%
2017 0.4% +0.0%
2018 0.3% -25.0%
2019 0.2% -33.3%
2020 0.2% +0.0%
2021 0.2% +0.0%

South Korea compared with similar countries

  • South Korea's 0.2% is below the median for high income countries, which is 0.6%, 35% of the median. (42 countries reporting)
  • South Korea's 0.2% is below the median for East Asia & Pacific, which is 1.6%, 12% of the median. (11 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.7% 0.7% 0.7% 2
2010s 0.5% 0.2% 0.9% 7
2020s 0.2% 0.2% 0.2% 2

Countries ranked near South Korea

  1. 104 Norway 0.2% compare
  2. 105 Ukraine 0.2% compare
  3. 106 Thailand 0.2% compare
  4. 108 Iceland 0.1% compare
  5. 109 Netherlands 0.1% compare
  6. 110 Luxembourg 0.1% 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 of population living on less than $4.20 per day vs. share in multidimensional poverty in South Korea?
Share of population living on less than $4.20 per day vs. share in multidimensional poverty in South Korea was 0.2% 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 on less than $4.20 per day vs. share in multidimensional poverty recorded in South Korea?
The highest recorded value was 0.9% in 2010.
What is the lowest share of population living on less than $4.20 per day vs. share in multidimensional poverty recorded in South Korea?
The lowest recorded value was 0.2% in 2019.
How does South Korea rank for share of population living on less than $4.20 per day vs. share in multidimensional poverty?
South Korea ranks 107th out of 120 countries with data for 2021.
Is share of population living on less than $4.20 per day vs. share in multidimensional poverty rising or falling in South Korea?
Over the last ten years it is down 77.8%. The long-run trend across the full record is volatile.
Where does this South 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 on less than $4.20 per day vs. share in multidimensional poverty. Statizoid updates them automatically from the source API.

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Share of population living on less than $4.20 per day vs. share in multidimensional poverty in South Korea. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 07 November 2026, from https://poverty.statizoid.com/stat/share-poverty-lower-middle-income-vs-share-mpi-poor/korea-rep/

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About this data

Indicator
Share of population living on less than $4.20 per day vs. share in multidimensional poverty
Unit
%
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed

Percentage of population living in households with an income or consumption below $4.20 per day.