Extreme poverty rate in South Korea in 2021 — 0.1%. Ranked 10 in the world out of 81. Since 2006, the indicator has fallen by 0.4 pp.
2006–2021 · % of population
How the value compares with the world and the groups this territory belongs to: South Korea
| Year | % | Change, pp |
|---|---|---|
| 2021 | 0.1 | +0 pp |
| 2020 | 0.1 | −0.1 pp |
| 2019 | 0.2 | +0 pp |
| 2018 | 0.2 | +0 pp |
| 2017 | 0.2 | +0 pp |
| 2016 | 0.2 | — |
| 2014 | 0.3 | — |
| 2012 | 0.5 | — |
| 2010 | 0.5 | — |
| 2008 | 0.5 | — |
| 2006 | 0.5 | — |
The same indicator for neighboring countries — with links to their pages
China
0
South Korea
0.1
The share of the population whose consumption or income falls below the international extreme poverty line — $2.15 a day in 2017 prices at purchasing power parity. This is the very indicator by which the first UN Sustainable Development Goal is tracked. The line is revised as the PPP conversion factors are updated, so historical values are recalculated retrospectively.
Important: The estimates are built on household surveys held once every few years; between surveys the values are interpolated.
Source: World Development Indicators (World Bank), license CC BY 4.0.
The share of people living on less than $3.65 a day — the line for lower-middle-income countries.
Labor Poverty at $6.85 a dayThe share of people living on less than $6.85 a day — the line for upper-middle-income countries.
Labor Gini indexA measure of income inequality: 0 is complete equality, 100 is maximum inequality.