Poverty at $3.65 a day — all countries

Poverty at $3.65 a day — South Korea

Poverty at $3.65 a day in South Korea in 2021 — 0.2%. Ranked 10 in the world out of 81. Since 2006, the indicator has fallen by 0.5 pp.

2021 0.2% +0 pp vs 2020
World rank 10of 81
Period maximum 0.9%2010
Period minimum 0.2%2019

Trend over time

2006–2021 · % of population

Poverty at $3.65 a day — South Korea, 2006–202100.250.50.7512006200820102012201420162018202020212006: 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%
Change over the period: −0.5 pp Annual average: -0.03 pp

Comparison, 2021

How the value compares with the world and the groups this territory belongs to: South Korea

South Korea 0.2%
World 21.4%
Poverty at $3.65 a day — South Korea, by year South Korea All countries CSV XLSX
Year % Change, pp
2021 0.2 +0 pp
2020 0.2 +0 pp
2019 0.2 −0.1 pp
2018 0.3 −0.1 pp
2017 0.4 +0 pp
2016 0.4
2014 0.6
2012 0.8
2010 0.9
2008 0.7
2006 0.7

Eastern Asia, 2021

The same indicator for neighboring countries — with links to their pages

KR South Korea 0.2 CN China 0.3

About the indicator

The share of the population whose consumption falls below $3.65 a day at 2017 purchasing power parity. The World Bank keeps three international lines because one does not work for the whole world: extreme poverty at $2.15 has all but disappeared in middle-income countries, and they need a higher line. This one matches the typical national lines of lower-middle-income countries — that is, it answers how many are poor by the standards of countries like them, not how many are destitute.

Important: Measured from consumption or income in household surveys held once every few years, so the years are discontinuous. The line is set in 2017 PPP dollars, not in current ones.

Source: World Development Indicators (World Bank), license CC BY 4.0.