South Korea Poverty Rate 2006-2023
Poverty headcount ratio at $5.50 a day is the percentage of the population living on less than $5.50 a day at 2011 international prices. As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions.
- South Korea poverty rate for 2016 was 1.20%, a 0.3% decline from 2014.
- South Korea poverty rate for 2014 was 1.50%, a 0.2% decline from 2012.
- South Korea poverty rate for 2012 was 1.70%, a 0.5% decline from 2010.
- South Korea poverty rate for 2010 was 2.20%, a 0.5% increase from 2008.
| Similar Country Ranking | |
|---|---|
| Country Name | % Under US $5.50 Per Day |
| Panama | 14.50% |
| Argentina | 8.80% |
| Greece | 6.40% |
| Uruguay | 5.60% |
| Lithuania | 4.90% |
| Croatia | 4.70% |
| Latvia | 4.60% |
| Slovak Republic | 4.30% |
| Israel | 4.00% |
| Portugal | 3.60% |
| Spain | 3.50% |
| Italy | 3.40% |
| Hungary | 3.30% |
| Poland | 2.40% |
| United States | 2.00% |
| Estonia | 1.80% |
| Austria | 1.30% |
| South Korea | 1.20% |
| Canada | 1.00% |
| Australia | 1.00% |
| Sweden | 0.90% |
| Ireland | 0.80% |
| Czech Republic | 0.70% |
| United Kingdom | 0.70% |
| Norway | 0.70% |
| Luxembourg | 0.50% |
| Denmark | 0.50% |
| Netherlands | 0.40% |
| France | 0.30% |
| Belgium | 0.30% |
| Malta | 0.30% |
| Germany | 0.20% |
| Finland | 0.20% |
| Iceland | 0.20% |
| Slovenia | 0.20% |
| Cyprus | 0.10% |
| Switzerland | 0.10% |
| South Korea Poverty Rate - Historical Data | ||
|---|---|---|
| Year | % Under US $5.50 Per Day | Change |
| 2016 | 1.20% | -0.30% |
| 2014 | 1.50% | -0.20% |
| 2012 | 1.70% | -0.50% |
| 2010 | 2.20% | 0.50% |
| 2008 | 1.70% | -0.30% |
| 2006 | 2.00% | -0.30% |
