South Korea Poverty Rate 2006-2024
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 2021 was 0.50%, a 0% increase from 2020.
- South Korea poverty rate for 2020 was 0.50%, a 0% increase from 2019.
- South Korea poverty rate for 2019 was 0.50%, a 0.2% decline from 2018.
- South Korea poverty rate for 2018 was 0.70%, a 0.3% decline from 2017.
South Korea Poverty Rate - Historical Data |
Year |
% Under US $5.50 Per Day |
Change |
2021 |
0.50% |
0.00% |
2020 |
0.50% |
0.00% |
2019 |
0.50% |
-0.20% |
2018 |
0.70% |
-0.30% |
2017 |
1.00% |
0.00% |
2016 |
1.00% |
-0.50% |
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% |