South Korea Poverty Rate 2006-2021

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 2012 was 1.20%, a 0.3% decline from 2010.
  • South Korea poverty rate for 2010 was 1.50%, a 0.3% increase from 2008.
  • South Korea poverty rate for 2008 was 1.20%, a 0% increase from 2006.
  • South Korea poverty rate for 2006 was 1.20%, a 1.2% increase from .
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name % Under US $5.50 Per Day
Panama 18.90%
Argentina 10.50%
Latvia 7.40%
Croatia 6.80%
Greece 6.30%
Lithuania 5.50%
Uruguay 5.50%
Israel 4.50%
Portugal 4.40%
Hungary 4.30%
Estonia 3.50%
Spain 3.10%
Italy 2.90%
Poland 2.80%
Slovak Republic 2.70%
South Korea 1.20%
Austria 1.00%
Ireland 0.90%
Sweden 0.90%
United Kingdom 0.60%
Czech Republic 0.60%
Belgium 0.40%
Malta 0.40%
France 0.30%
Luxembourg 0.30%
Finland 0.20%
Norway 0.20%
Iceland 0.20%
Netherlands 0.20%
Denmark 0.20%
Slovenia 0.20%
Cyprus 0.10%
Switzerland 0.00%
South Korea Poverty Rate - Historical Data
Year % Under US $5.50 Per Day Change
2012 1.20% -0.30%
2010 1.50% 0.30%
2008 1.20% 0.00%
2006 1.20% 0.00%