Poverty at $6.85 a day in South Korea in 2021 — 0.5%. Ranked 12 in the world out of 81. Since 2006, the indicator has fallen by 2.2 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 | 0.5 | +0 pp |
| 2020 | 0.5 | −0.1 pp |
| 2019 | 0.6 | −0.3 pp |
| 2018 | 0.9 | −0.4 pp |
| 2017 | 1.3 | −0.1 pp |
| 2016 | 1.4 | — |
| 2014 | 1.9 | — |
| 2012 | 2.2 | — |
| 2010 | 2.8 | — |
| 2008 | 2.3 | — |
| 2006 | 2.7 | — |
The same indicator for neighboring countries — with links to their pages
South Korea
0.5
China
20.6
The share of the population whose consumption falls below $6.85 a day at 2017 purchasing power parity — the highest of the three international lines of the World Bank. It is this line that shows how much more modest the fall in world poverty looks than the extreme line suggests: nearly half the population of the planet lives below this level, and over recent decades that share has been falling more slowly than the share of the destitute.
Important: It matches the typical national poverty lines of upper-middle-income countries. For rich countries even this line is low — there poverty is measured relative to median income rather than by an absolute amount.
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 Extreme poverty rateThe share of the population living on less than $2.15 a day at PPP.
Economy GNI per capitaGross national income per person — the basis for classifying countries by income group.